The Minneapolis Park and Recreation Board this past week voted to support a 2023 tax levy increase of 6% in an effort to improve safety and security, care for park assets and continue investments in youth programming.
The total levy request amounts to $79,025,000, according to a Park Board document. The Board of Estimate and Taxation still must approve the levy amount.
Last year, the Park Board sought a 7.75% increase over the 2021 levy. Previously, the average property tax increase over the decade had been 4.5%.
Here is what is known about the latest proposal:
What does this mean for my property taxes?
If approved, the Park Board increase will result in a 1.1% increase in city property taxes — or about $18 for owners of an average-value home in Minneapolis, which is estimated at $316,000.
What new initiatives would the levy fund?
Two new expenses are included in the 2023 request. The first would put $389,000 toward ensuring that parks and facilities, including three new downtown parks that came online last year — Commons Park, Waterworks and North Loop — are staffed equitably compared to existing parks. Specifically, it would fund two new park police officers and the conversion of some part-time park agent hours into two full-time park patrol agent positions, said Robin Smothers, spokeswoman for Minneapolis Park and Recreation Board.