Minneapolis police pension fund approves merger - Bring Me The News

Minneapolis police pension fund approves merger

City officials say merging the two funds will save Minneapolis property tax payers tens-of-millions of dollars a year. Mayor R.T. Rybak says the savings from the merger will help support no increases in the city's property tax levy.
Author:
Publish date:

City officials say merging the two funds will save Minneapolis property tax payers tens-of-millions of dollars a year. Mayor R.T. Rybak says the savings from the merger will help support no increases in the city's property tax levy.

Next Up

Related

Tax levy hikes expected on both sides of river

St. Paul Mayor Chris Coleman says he'll propose to increase the city's property tax levy by about 2 percent. Minneapolis Mayor RT Rybak's spokesman says he's aiming for a tax levy increase of less than 3 percent.

Minneapolis wants $30 million if the Dome is sold

Minneapolis city officials say they want $30 million if the Metrodome is sold. Vikings officials are counting on that money to offset costs to build a new stadium in Arden Hills. Mayor R.T. Rybak says city residents have contributed millions of dollars in taxes for the Dome and are due a return. A Vikings vice president says it’ll be up to state elected leaders to sort out the issue.

Minneapolis Police Chief calling it quits

Chief Tim Dolan has notified Mayor R.T. Rybak that he will not seek a third term. His current contract expires in January of 2013. Dolan has been the city's Police Chief since 2006 and joined the department in 1983 after working as a deputy for the Hennepin County Sheriff's Department.

Minneapolis skyways -- burden or blessing?

Prominent downtown business leaders say the eight miles of elevated walkways in the downtown area are "leaving sidewalks barren and storefronts empty." Mayor R.T. Rybak told the Star Tribune that he "would not support the development of any new skyways in the city." Many acknowledge the maze of walkways helped save Minneapolis once threatened by suburban offices and malls. But improving the skyways for the downtown's future is proving to be a complicated task.

Rybak proposes 1.7 percent increase in Minneapolis property taxes

One year after holding property taxes flat, Minneapolis Mayor R.T. Rybak at his annual budget Wednesday proposed a 1.7 percent increase for next year. Rybak said the increase would have been 3.4 percent if not for the Vikings stadium legislation, which alleviates the city of financial obligations to the Target Center.

Rybak: federal cuts could cripple city services

Minneapolis Mayor R.T. Rybak was in Washington D.C. with the US. Conference of Mayors Thursday to denounce federal budget cuts that could cripple city services across the nation. Federally funded programs in Minneapolis like STEP-UP and SAFER along with youth violence prevention initiatives are at risk.