Politics & Government

How Will City Funding For A Vikings Stadium Impact You?

Mayor claims property taxes will rise more slowly.

For Minneapolis Mayor RT Rybak, the stakes behind a stadium deal are big.

"The (city-owned) Target Center is a financial time-bomb, and no-one else has a plan to deal with that," Rybak told Patch. "A vote against this is a vote to raise property taxes."

If Rybak's stadium proposal—which reroutes some of the sales taxes supporting the Minneapolis Convention Center —makes it through the state legislature, the mayor estimated property tax rates would only rise by two percent next year, instead of a currently-projected four percent.

Find out what's happening in Southwest Minneapoliswith free, real-time updates from Patch.

Stadium funding opponent—and Southwest Minneapolis City Councilmember—Betsy Hodges disagrees.

"That (argument) indicates to me that they feel a need to go around the voters," she said.

Find out what's happening in Southwest Minneapoliswith free, real-time updates from Patch.

Hodges (Ward 13) and fellow Councilmember Elizabeth Glidden (Ward 8) think the stadium dollars can be better spent, and in any case, . 

But property taxes aside, how else might city funding impact you? Tell us—do you hold season tickets? Is your neighbor strongly in opposed or supportive? Are your property taxes about to drive you out of your home?

 


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here