Public has chance to weigh in on 2014 city budget

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November 18, 2013 // UPDATED 2:27 pm - November 21, 2013
By: Sarah McKenzie
Sarah McKenzie

The public has a chance to give feedback on the proposed 2014 City of Minneapolis budget tomorrow and on Dec. 11 at City Hall before the City Council is scheduled to vote on the budget and tax levy.

Both public hearings are scheduled for 6:05 p.m. in room 317 at City Hall, 350 S. 5th St.

The proposed property tax levy for the city is decreasing by 1 percent. However, the impact on property taxes will vary for residents depending on changes in property values. The estimated city property tax for a Minneapolis home valued at $195,500 is $1,312, according to information recently sent out to residents.

A Minneapolis resident’s property tax bill has 43 percent of tax dollars going to Minneapolis, 28 percent to Hennepin County, 26 percent to the school district and 3 percent to other taxing districts.

The 2014 City of Minneapolis budget proposed by Mayor R.T. Rybak includes money for new police officers and firefighters and $121 million in street construction projects, bike trail maintenance and other capital improvement projects, among other things.

For more information, go to www.minneapolismn.gov/finance/budget/truthintaxation or call 311.