Tag Archives: Mayor

City of Minneapolis Tax Board Meeting next Tuesday, tax levy increase


City hall of Minneapolis, Minnesota (USA).

Image via Wikipedia

The City of Minneapolis is having the Tax Board Meeting Tuesday at 5:05 pm in room 317 at the City Hall.   This will be in discussion of R.T. Rybak’s property tax increase proposal, the overall tax levy not the item by item budget.   Somehow this seems to have gotten scheduled conveniently to limit residents input.

From the Star & Tribune

After 55 minutes of griping about property taxes Tuesday, Minneapolis residents might have to take a two-hour intermission.

A six-member board that determines the city’s property tax ceiling is preparing to interrupt its most important meeting of the year Tuesday because of an obscure state law that bars public meetings on the evening of a special election. On Tuesday that is the DFL primary for the seat vacated by Sen. Linda Berglin.

“It’s a very awkward situation,” said David Wheeler, president of the city’s Board of Estimate and Taxation.

The board will set the maximum levy at their meeting Tuesday after hearing public testimony. They cannot meet between 6 and 8 p.m. If testimony lasts more than an hour — it traditionally does not — citizens will have to wait.

Carol Becker, another elected member of the board, said the interruption is compounded by the fact that Mayor R.T. Rybak delayed presenting his full budget. That means the public will have a day, rather than weeks, to review it before the hearing.

Read Full Article

Combine the City of Minneapolis property tax increase with the new Homestead Exclusion tax and City of Minneapolis residents could really feel the pinch from property taxes.

1 Comment

Filed under Uncategorized

St. Paul Mayor Coleman proposes 6.5 pct. levy hike | Minnesota Public Radio News


Downtown St. Paul from the southwest in the wi...

Image via Wikipedia

In a desperate attempt by St Paul not to be out done by Minneapolis, they propose a 6.5% property tax hike!!

WOW!  Where do they think people are going to get the money to keep their homes?  Aren’t foreclosures high enough in these Cities?  How is raising the monthly housing payments for these homeowners going to help them?

St. Paul, Minn. — St Paul mayor Chris Coleman delivered his budget address Monday, which calls for a property tax levy increase of 6.5 percent and $6.2 million in budget cuts. Coleman blames the Minnesota Legislature for both.

St. Paul Mayor Coleman proposes 6.5 pct. levy hike | Minnesota Public Radio News.

2 Comments

Filed under Property Value Series

Rybak proposes 2% property tax increase in Minneapolis


Minneapolis

Image via Wikipedia

Oh no!  Not Again…

City of Lakes and Tax Hikes.

Full Disclosure: I own rental property in Minneapolis, and can not vote there because I am not a resident.  Anyone interested in buying my Rental Property??

Story by Star & Tribune:

Chastened by last December’s noisy pushback from Minneapolis property taxpayers, Mayor R.T. Rybak responded Thursday with a 2 percent tax hike proposal for 2012 — the smallest he’s urged in his 10 budgets.

That proposal contrasts with a 6.7 percent levy hike that had been budgeted for 2012 in the city’s five-year budgeting cycle and the 7.5 percent the mayor sought last year for 2011 before a backlash from taxpayers and the council cut it to 4.7 percent.

Last December, homeowners stormed City Hall before the council adopted a 2011 budget to demand further cuts, saying they couldn’t weather property tax hikes during a prolonged recession. “Minneapolis residents have told us loud and clear that property taxes are too high and they want us to do everything we can to hold them down,” Rybak said.

But Rybak’s 2012 proposal is built on the gamble that the city’s retired police and firefighters will approve a pension merger that finance officials say will save the city $17.1 million in spending next year

Read Full Story

7 Comments

Filed under Uncategorized