Moving Minnesota's Public Debate Forward

Fiscal Policy

Responsible, progressive fiscal policy creates state and community prosperity.

Finally, a Halt in Escalating City Property Taxes

From 2002 to 2013, city budgets shrank while city property taxes increased, thanks to rapidly declining state aid. Legislative actions in 2013 and 2014 mercifully reversed this trend. However, while much progress has been made in terms of reforming Minnesota’s property tax and state aid system, more work needs to be done. The recent history of city finances is an intricate tale that involves city budget decisions, fluctuations in state aid, and resistance from taxpayers to rising property taxes. To help unravel the various threads that influence city finances, the…

General Fund Revenue Remains Well Below 2000 Level

True to form, the anti-tax right continues to rail against the tax increases enacted by a progressive legislature and governor in 2013. However, real per capita state general fund revenue is significantly less than it was a decade ago, even after the 2013 tax hikes. In fact, the net increase in state revenue resulting from 2013 and 2014 legislation will be sufficient to replace only one-third of the revenue lost over the course of the preceding decade. These conclusions are based on an examination of general fund revenue totals compiled…