Minneapolis could face a 13% property tax hike unless city spending gets adjusted—thanks to a looming $30 million deficit fueled by falling commercial property values and rising costs for policing, fire, and employee benefits. The city’s Operation Metro Surge earlier this year added to expenses without major incidents. While Council Member Michael Rainville warns of the potential tax jump, Mayor Jacob Frey’s office says no final decisions are made yet, with the official budget proposal due mid-August and final approval not until December.
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