Minneapolis Mayor Jacob Frey is proposing to hike his city’s residential property tax levy by 11.3%, the largest increase in six years. Axios reports Frey’s proposal is designed to address his city’s $30 million revenue shortfall coupled with financial demands to...
Minneapolis Mayor Jacob Frey is proposing to hike his city’s property tax levy by 7.8% next year, which would be the largest levy increase since 2010. According to combined media reports, under the mayor’s proposed budget the owner of a $333,000 Minneapolis home will...