Met Council looking at 2% property tax increase for 2013 budget

The Met Council is preparing its 2013 budget, and is looking at an operating budget that’s $48 million more than this year.

That would be a 6 percent increase over this year’s $780 million budget to $828 million, but Metro Cities News — a publication of the organization formerly known as Association of Metropolitan Municipalities — says the agency is considering just a 2 percent property tax levy increase, to $78.5 million.

The final budget and setting of the levy will come in October.

The story says the Met Council’s strategy in the budget process is:

  • Maintain the AAA bond rating
  • Support business needs for programs
  • Strive for reasonable impacts on regional taxpayers
  • Support general fund operations
  • Identify long term strategies and risks

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