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Minnesota property taxes may rise by nearly $1 billion
Minnesota’s first look at 2026 property tax proposals shows a sizable jump on the horizon. New data from the Department of Revenue estimates local governments could seek nearly $1 billion more next year — a 6.9% increase statewide — as cities, counties, schools, and special districts grapple with rising labor and service costs. The preliminary levies aren’t final, but they set the ceiling before truth-in-taxation hearings begin and parcel notices go out. Final decisions must be made by December 29. Peter Cox with MPR has the full story.
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