Dossier
downtown commercial values
Coverage of downtown commercial values in the Nexus archive.
- Minneapolis faces $30M budget gap: Higher property taxes or cuts in 2027
Minneapolis faces a $28-33 million budget deficit in 2027, requiring cuts to services and jobs or higher property taxes. City leaders, including Council Member Michael Rainville and Deputy CFO Jayne Discenza, highlighted declining downtown commercial values as a key factor and emphasized the need for public input on potential cuts.