Minneapolis and St. Paul are facing significant budget deficits. Both cities' mayors have proposed property tax increases to address these financial challenges. Minneapolis plans an 11.3% property tax hike and 100 job cuts. St. Paul is suggesting a 6.8% property tax increase and layoffs in supervisory police roles. These measures aim to balance budgets strained by factors like declining property values and inflation.
https://alphanews.org/minneapolis-st-paul-propose-property-tax-hikes-layoffs-to-address-major-budget-shortfalls/