When members of the current Metropolitan Council took office, one of our top priorities was to prudently manage the finances of our agency and maximize the cost-effectiveness of regional investments.
Over the last seven years, our cost-saving initiatives have included:
Thanks to these and other initiatives, we have succeeded in holding the Council’s property tax levy flat for seven consecutive years.
Property taxes fund only about 10 percent of the Council’s operating budget – the bulk of our revenues come from user fees and state funding sources. And our levy represents a tiny fraction of the property taxes paid by homeowners and businesses.
Nonetheless, we recognize that during the last several years many families and businesses have had to make do with less. In these difficult economic times, we did not want to add to their burden.
December 2009
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