If you saw the headline about an 11.3% property tax increase and your stomach dropped, you are not alone. I have been getting a lot of questions about it.

Let me give you the real numbers, the reason behind them, and the part nobody in the news coverage is talking about: what your actual options are.

  • WHAT WAS ACTUALLY PROPOSED
  • WHY THIS IS HAPPENING
  • THE HONEST MATH ON YOUR BILL
  • NONE OF THIS IS FINAL YET
  • WHAT YOU CAN ACTUALLY DO ABOUT IT

What Was Actually Proposed

On August 12, Mayor Jacob Frey unveiled a $2.3 billion budget for 2027. It includes an 11.3% increase to the city property tax levy. For the owner of a median-value Minneapolis home, currently $351,400, that works out to about $409 more per year, or $34 a month.

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