Minneapolis Mayor Proposes 11.3% Property Tax Hike
Minneapolis Mayor Jacob Frey has proposed a $2.3 million budget that includes an 11.3% property tax increase, the largest since 2000. This proposal is part of a broader news roundup covering various topics in the Minneapolis-St. Paul area.
Minneapolis St. Paul, MN, August 13, 2026 —
Minneapolis Mayor Jacob Frey has put forth a budget proposal that includes an 11.3% property tax increase, a move that would represent the largest hike in over two decades. The proposed budget totals $2.3 million.
This significant increase in property taxes is part of a broader financial plan presented by the mayor. Details regarding the specific allocation of the $2.3 million budget were not provided in the summary, nor were the specific services or initiatives this tax increase is intended to fund.
The proposed 11.3% property tax increase is noted as the largest such increase since the year 2000. This financial measure is part of a wider collection of news items concerning the Minneapolis-St. Paul metropolitan area.
Further information regarding the breakdown of the proposed budget, the justification for the substantial tax increase, and the potential impact on Minneapolis residents and businesses was not available in the provided summary.
Story summarized from the original created by Steve McPherson on www.minnpost.com, see more information here.
