The Board of Estimate and Taxation is holding a public hearing at 5:05 p.m. Wednesday, Sept. 10 to receive public input regarding the proposed maximum property tax levy for 2026.

The Board of Estimate and Taxation will then vote to adopt the maximum levy payable in 2026 at their Sept. 17 meeting. This sets the maximum tax levies for the City, Minneapolis Park and Recreation Board and Minneapolis Public Housing Authority.

The Mayor’s proposed 2026 budget is $2 billion with a proposed tax levy of 7.8%. The City Council is reviewing the 2026 budget – the second year of the biennial budget cycle – and will adopt the finalized budget in December. The City Council will hold public hearings in October and November, along with a Truth in Taxation public hearing before the December final budget adoption.

Visit the City’s budget website to learn more about the budget process, key dates, FAQs and more. You can also watch a series of videos on the City’s budget process.

Board of Estimate & Taxation public hearing

5:05 p.m. Wednesday, Sept. 10
Room 350, Public Service Center, 250 Fourth St. S. 
A signup sheet to speak will be onsite 30 minutes before the meeting.

Learn how to participate in a public hearing.

You can also send comments online or directly to your Board of Estimate & Taxation elected officials or the city clerk.