Moving Minnesota's Public Debate Forward

Fiscal Policy

Responsible, progressive fiscal policy creates state and community prosperity.

New Data Show Big Drop in City Revenue, Spending

As governor from 2003 to 2011, Tim Pawlenty chided local governments for failing to "live within their means." A recent report reveals that T-Paw's accusations were wildly off target. The total revenue of all Minnesota cities declined by 9.2 percent from 2003 to 2012 in real (i.e., inflation-adjusted) dollars, while real city spending fell by 15.7 percent. On a per capita basis, real city revenues declined by a whopping 15.6 percent over this period, while real expenditures declined by 21.7 percent. These conclusions are based on information from the 2012…

2014 Homeowner Property Tax Reduction is Wide & Deep

The fact that Minnesota property taxes will decline in 2014 for the first time in twelve years is well established. However, a new simulation from non-partisan staff at the Minnesota House Research Department reveals the breadth and depth of those tax reductions. From 2013 to 2014, taxes on existing residential homestead property will decline statewide by $171 million or 5.2 percent; total homeowner property taxes in 80 of the 87 Minnesota counties—containing 93 percent of residential homesteads in the state—will drop. Credit for the 2014 homestead property tax reductions largely…