Board of Estimate and Taxation
Board of Estimate and Taxation
Wednesday, Sept. 20, 2023
4:00 p.m. — 6:00 p.m. CDT
Remote
The Board unanimously passed the resolution to fix the maximum certified tax levies for property taxes payable in 2024. It will be the largest amount the City has historically funded MPHA ($5 million annually). Documenters covered the public hearing meeting prior to this passing.
The general public can expect a median property tax increase of 8.8%, depending on the City’s home assessment.
The Board received and filed the Board of Estimate and Taxation (BET)’s 2024 draft calendar to be voted on October 11, 2023, and for adoption in January 2024.
Check the source website for additional information
Reporting
Edited and summarized by the Minneapolis - MN Documenters Team
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Agency Information
Board of Estimate and Taxation
Sets the City’s maximum tax levies and authorizes the issuance and sale of municipal bonds.
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