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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.
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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.

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Never mind the Legislature, Mayor R.T. Rybak may not be able to get his stadium proposal past Minneapolis' city council. Council members were underwhelmed by the mayor's presentation of a plan that would apply city sales tax money to a Vikings stadium once Minneapolis' convention center is paid off. A head count by the Downtown Journal finds Rybak lacks the votes to pass it right now.

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