Minneapolis Mayor Proposes $2.3 Billion Budget with Tax Hike, Departmental Cuts
The Minneapolis City Council received a presentation on the mayor's proposed $2.3 billion budget for the upcoming year, which aims to address a $60 million shortfall through a combination of departmental cuts, including nearly 100 full-time equivalent positions, and an…
Minneapolis St. Paul, MN, September 11, 2026 — The Minneapolis City Council has been presented with the mayor’s proposed budget for the upcoming fiscal year, totaling approximately $2.3 billion. The plan is designed to address a projected $60 million shortfall.
To bridge this financial gap, the mayor’s proposal includes several measures. Among the significant changes are departmental cuts, which are expected to eliminate nearly 100 full-time equivalent positions across various city services. Concurrently, the budget calls for an 11.3% increase in the property tax levy.
The proposed budget also outlines strategic investments and shifts in staffing. It includes provisions for adding new positions within the public safety sector. Additionally, the plan suggests transitioning certain roles that are currently handled by contracted services to be managed by in-house city staff.
The Minneapolis City Council’s budget committee is now tasked with reviewing the proposed budget in detail. This process will involve further hearings where city departments are expected to present their needs and respond to questions. The committee will also be accepting amendments to the budget proposal from council members.
The timeline for final approval indicates that the city council will deliberate on these proposals and potential changes before a final decision is made in December.
Story summarized from the original created by Twin Cities Documenters on www.minnpost.com, see more information here.
