State-imposed tax cap creates challenge for some entities
Minot and other local governments are feeling the squeeze from a new state mandate capping property tax increases at 3%. City Manager Harold Stewart says the cuts needed to stay under the cap — from staff reductions to deferred equipment and infrastructure projects — will catch up quickly, with deeper impacts expected by 2028. Leaders from the city, schools, parks, and county all echoed a similar refrain: this cap may be politically popular, but its practical consequences are already starting to bite. Jill Shramm with Minot Daily News has the full story.
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