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Minneapolis City Council adopts 2026 budget, approves 8% maximum levy growth and a $213 million bonding package
Summary
After a public hearing and extensive amendment votes, the Minneapolis City Council adopted the 2026 general appropriation resolution, set municipal utility rates effective Jan. 1, 2026, approved a six-year capital plan and bonding resolutions totaling about $213.1 million, and adopted amendments to increase reporting on settlement-agreement costs and to protect civilian investigators.
The Minneapolis City Council adopted the citys 2026 budget on Dec. 9, approving the general appropriation resolution as amended and a series of companion measures that set tax levies, utility rates and capital spending for the coming year.
Council members voted to approve the 2025 property tax levies to be paid in fiscal year 2026 after the budget committees recommendation; budget staff had certified a maximum property tax growth of 8% above 2025 and provided an interactive levy estimator showing a median residential homestead increase of about $242 under that scenario. The clerk recorded the roll call on the levy resolution; that vote carried (roll call recorded with 10 ayes when taken).
The council then adopted the general appropriation resolution fixing maximum departmental operating budgets for fiscal year 2026. The resolution was adopted after the body considered and disposed of a packet of amendments (final adoption roll call recorded with 12 ayes). Key amendments that passed include a financial-policy change requiring…
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