City Council receives mayor’s proposed 2018 budget

Mayor Betsy Hodges presented her recommended 2018 budget to the City Council Sept. 12. Council members will consider the budget from now through early December with final approval of the 2018 budget scheduled for Wednesday, Dec. 6, 2017.

This year, the City of Minneapolis has launched a new website dedicated specifically for the budget. The new site includes the full budget document, Mayor Hodges’ budget address, past budgets, FAQs and calendar of upcoming budget meetings. The site is an effort to provide more transparency, better usability and increased public participation in the budget process.

The mayor’s proposed budget includes:

  • Nearly $6 million total in clean energy, cleaner businesses, and more efficient commercial and residential spaces in the city. This investment represents a 60% increase over the 2014 budget.
  • Raising utility franchise fees by half-a-percent, which will raise over $2 million in 2018 alone to ensure significant, predictable funding to move the dial on Minneapolis’ climate impact.
  • $24 million in housing investment across a number of programs, including $6.5 million in the Affordable Housing Trust Fund
  • $4 million investment in new strategies that will continue to build community trust and ensure public safety.
  • $1.2 million investment to protect and support the constitutional rights of every single qualified voter in the City of Minneapolis.

The Board of Estimate and Taxation’s public hearing to set the maximum property tax levy limit is 5:05 p.m. Wednesday, Sept. 13. The public hearing will be continued to the Board’s 4 p.m. Wednesday, Sept. 27 meeting where the maximum levy will be adopted.

The City of Minneapolis has tentatively scheduled two public hearings on the proposed 2018 property tax levy and budget:

Nov. 29, 6:05 p.m. 
Room 317 of City Hall

Dec. 6, 6:05 p.m.
Room 317 of City Hall

To learn more about the budget, the process and to give feedback, visit budget.minneapolismn.gov.

WATCH

Mayor Hodges presents her recommended budget to the City Council Sept. 12.