Connect with us

Minneapolis, MN

Minneapolis, St. Paul property tax increase on homeowners proposed for 2024

Published

on

Minneapolis, St. Paul property tax increase on homeowners proposed for 2024


Citing increased staffing costs and new city investments, the Minneapolis City Council is set to approve a recommended city budget that would increase property tax on its residents.

Mayor Jacob Frey’s current recommended budget proposal for city spending is $1.8 billion in 2024 – a $60 million, or 8.3% increase from the 2023 budget adopted by the city council of $1.66 billion.

Advertisement

The proposed budget reflects $48.4 million in new investments in 2024.

A public hearing on Wednesday was the second of three scheduled for people to voice suggestions regarding the recommended budget. Collectively residents and stakeholders offered concerns about funding for public safety, including police, and housing.

The current recommended budget would include a 6.2% increase in property tax levy for homeowners in 2024, effectively raising the total amount levied by the city to $27.7 million in 2024.

Advertisement

According to city documents, the proposed property tax levy would increase a median-value home of $331,000 by $150 to $160 annually.

Under the recommended levy for a median-value home, a homeowner’s property tax bill of $1,952 in 2024 would reflect spending in general government service ($576), police ($409), parks ($342), city capital and debt service ($260), fire ($154), public works ($134), pensions ($56) and public housing projects ($21).

The proposed budget contains ongoing funding for the Minneapolis Police Department, the city Attorney’s Office, the Civil Rights Department, and the Information Technology Department.

Advertisement

The 2023 adopted budget had 4,174 full-time equivalent employees (FTEs) on salary, while the 2024 recommended budget includes a total of 4,337 workers employed by the city. In 2023 workforce costs totaled $485.3 million, while proposed 2024 workforce costs are projected to total $528.1 million.

The city is expected to receive additional sales tax revenue of $6.2 million in 2024 to offset some costs. 

Advertisement

A final public hearing will be held on Dec. 6, with the city council marking up and adopting its final budget in December.

St. Paul property tax

Meanwhile, the St. Paul City Council approved a maximum property tax levy increase of 3.7% for its homeowners in September.

Advertisement

A median-value home of $267,400 in St. Paul is estimated to see a tax bill of $1,254 in 2024 – an estimated decrease of $26, due in part to the assessed value of commercial and industrial properties increasing at a faster pace than homes in St. Paul.

The previous year St. Paul homeowners faced a 15% property tax levy increase, with the city citing both inflation and street maintenance as the main reasons for the increase.

A final budget is expected to be approved in early December.

Advertisement



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Minneapolis, MN

Minneapolis park board systems disrupted by cyberattack

Published

on

Minneapolis park board systems disrupted by cyberattack


Minneapolis park board systems disrupted by cyberattack – CBS Minnesota

Watch CBS News


The Minneapolis Park and Recreation Board is looking into how hackers took out the board’s phone lines this week.

Advertisement

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Advertisement
Continue Reading

Minneapolis, MN

Vacant no more: Artists, creatives move into empty storefronts for new Minneapolis initiative

Published

on

Vacant no more: Artists, creatives move into empty storefronts for new Minneapolis initiative


The city of Minneapolis announced the first awardees of its Vibrant Storefronts Initiative. The city’s pilot program subsidizes the rent of formerly vacant storefronts downtown for artists and arts organizations.

The awardees include Black Business Enterprises, Twin Cities Pride, Skntones creative agency, Blackbird Revolt design studio and Flavor World arts and entertainment company. The city’s Arts and Cultural Affairs department chose the awardees from 43 applicants.

“They selected the brightest and most talented people that we have in the city to fill these spaces with creativity,” said Mayor Jacob Frey in a press conference at one of the formerly vacant storefronts at 1128 Harmon Place.

“The whole idea is that it’s not just any creativity. It’s edgy. It puts you on the edge of your seat a little bit. It challenges our perspective. It requires us to all think outside the box, and it’s livening up an area.”

Advertisement

The five arts and culture organizations will occupy spaces within a few blocks of each other near Loring Park in the city’s effort to create a cultural hub. The city reports that the initiative will distribute $224,202 “to foster creativity, enhance vibrancy, and promote sustainability in Minneapolis.”

“This program was meant to not only address the the lack of vibrancy in the storefronts, but also address the affordable space crisis that are facing artists in our community, and so we’re trying to combine and solve both of those through this initiative,” said Ben Johnson, arts and cultural affairs director.

Blackbird Revolt owner and founder, University of Minnesota associate design professor Terresa Moses, said the initiative would help the studio fulfill its dreams and help revitalize downtown.

“What that includes is us working together to intersect design, animation, video, photography with black liberation, with abolition, with justice, with the things that we find are important, lifting up our voices and our narrative,” Moses told the crowd. Blackbird Revolt will occupy 1128 Harmon Place.

Advertisement

Twin Cities Pride executive director Andi Otti said it was an opportunity for the longstanding organization to deepen its roots. Otti announced the creation of the new Pride Cultural Arts Center (PCAC) at 1201 Harmon Place, just blocks away from where the Twin Cities Pride Festival takes place at Loring Park every June. 

“By creating a physical location and a cultural hub for the community connection and growth, the PCAC will serve as a dynamic platform for expression, education and support,” Otti said. “It will be a safe, welcoming and vibrant environment where community members and our allies can celebrate arts and culture.”

Nancy Korsah is the founder of Black Business Enterprises (BBE), a business-to-business service provider that provides guidance to entrepreneurs. The goal is to turn the BBE storefront at 1128 Harmon Place into an art activation hub. 

“We want to make sure that you understand that art is not dead,” Korsah said. “We are here to bring the neighborhood back alive, and we’re going to work together, all of us, to ensure that we can create spaces for artists to really express themselves and to showcase the incredible talent that is Minneapolis.”

The storefront leases will run for two years. Current awardees will have the option to renew. 

Advertisement

“These neighborhoods and these buildings have been vacant for a long time,” said Minneapolis Council member Katie Cashman. “So, I’m really happy that the city this year decided to invest in artists as a strategy to fill vibrant storefronts.”

The city’s Arts and Cultural Affairs department hopes to expand the program in 2025.



Source link

Continue Reading

Minneapolis, MN

Charli XCX announces

Published

on

Charli XCX announces


Wisconsin man accused of faking his death, and more headlines

Advertisement


Wisconsin man accused of faking his death, and more headlines

04:09

Advertisement

MINNEAPOLIS — Minneapolis will officially enter its “Brat” era next spring.

English hyperpop artist Charli XCX announced on Friday a Minneapolis stop of her global tour, after she originally skipped the Twin Cities — and large parts of the Midwest — in the fall. She’ll be coming to Minneapolis on April 26, 2025.

She also announced stops in Austin, Texas, Rosemount, Illinois and Brooklyn, New York. After her dates in Brooklyn, she’ll head to Europe to close out the tour.

Presale tickets go live on Tuesday at 10 a.m. 

Charli XCX

Advertisement

Getty Images


Minneapolis residents got a hint that Charli XCX would be coming, as a Brat-themed billboard covered Target Center in downtown. Similar lime green billboards were spotted in Brooklyn and Chicago.

The last time she came to Minneapolis was in 2022 at the Palace Theatre, after the release of her fifth album, “Crash.”

She released “Brat” this summer and has since been nominated for seven Grammys, including record of the year and album of the year.

Advertisement



Source link

Continue Reading

Trending