Nick Halter

BUDGET BREAKDOWN // A Journal series examining city finances // Part 2

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Four factors that contribute to property tax increases

The city’s budget is more than 600 pages long. The most important information is usually found in the fifth section, titled “Financial Overview.”

If you read that section, the city usually highlights the major financial issues facing Minneapolis and taxpayers. For the past several years, the city has plopped a chart on the first page or two detailing the decline of state aid coming into city coffers.  

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