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Budget staff outline mayor’s $2 billion 2026 plan and levy estimator ahead of upcoming hearings

5793254 · September 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City budget manager Justin Coles summarized the structure of the mayor’s recommended 2026 budget, explained an interactive levy-impact tool and noted the Board of Estimate and Taxation authorized a levy cap to be certified to the county.

Justin Coles, budget manager for the city’s Finance and Property Services division, presented an overview of Mayor Jacob Frey’s recommended 2026 budget at the Minneapolis City Council budget committee meeting on Sept. 19.

Coles told the committee the recommended fiscal plan totals “just about $2,000,000,000” and highlighted a new focus in the budget book on department…

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