Board of Estimate and Taxation

Board of Estimate and Taxation

Wednesday, May 22, 2024
4:00 p.m. CDT

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  • Approved a resolution requesting that the Charter Commission consider a charter amendment adding an additional elected member to the board. This would restore the BET’s membership to seven, allowing it to have a tie breaking vote.

  • Approved the BET preliminary 2025 budget and tax levy

  • Received three presentations on:

    • The Minneapolis Park & Recreation Board 20-year Neighborhood Park Plan
    • The city’s debt
    • The current service level budget for 2025-2026

  • Received a bond transmittal memo from the City Council, which the BET will consider approving for the future issuance of tax-exempt general obligation bonds.

Reporting

Edited and summarized by the Minneapolis - MN Documenters Team

Note-taking by Yoga Prakasa

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Agency Information

Board of Estimate and Taxation

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Sets the City’s maximum tax levies and authorizes the issuance and sale of municipal bonds.

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