Latest / Minneapolis News Today | 2 Min News | The Daily News Now!
Minneapolis and St. Paul Face Budget Crises | Minneapolis News
Minneapolis and St. Paul are both drowning in budget deficits—Minneapolis faces a $30 million gap, pushing Mayor Jacob Frey to propose an 11% property tax hike (roughly $409 more per homeowner), while St. Paul grapples with a $26 million shortfall as new Mayor Kaohly Her prepares to unveil her first budget plan. Rising costs outpace revenue, forcing tough cuts that reflect current realities—not long-term vision. Minneapolis’ City Council must still approve Frey’s proposal before December, amid pushback from the Park and Recreation Board, which says its funding request was underserved and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.