City’s 2014 budget cuts property taxes, invests in future

The Minneapolis City Council unanimously passed a 2014 City budget that, among other things, provides a 1 percent cut to the property-tax levy. It’s the first such decrease in the levy in 30 years. It’s also the third City budget in a row in which nearly 70 percent of residential taxpayers will see a decrease, or no increase, in their property taxes. In 2014, 67 percent of Minneapolis taxpayers will see a decrease in their property taxes.

The 2014 budget also makes important future investments in:

The ability to cut property taxes in 2014, while making investments in the future, is possible for three reasons:

These recent developments come on the heels of tough choices that City leaders have made over the past decade to restore the City’s fiscal health:

Had leaders not made those tough choices, property taxes would be 35 percent higher than they are.

 

Published Dec 24, 2013

QUICK LINKS

Home

Contact us

Email updates

Find a service

About this site

For employees

Accessibility:
For reasonable accommodations or alternative formats, contact 311.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000.
TTY users can call 612-673-2157 or 612-673-2626.

Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

CONNECT

311 call center

TTY relay service

City of Minneapolis Facebook City of Minneapolis Twitter City of Minneapolis YouTube ChaNNEL Minneapolis 311 Minneapolis 14 Government TV City of Minneapolis LinkedIn

Minneapolis, City of Lakes logo