Minneapolis City Council — Transcript
Wednesday, July 22, 2026
Story
Minneapolis Park Board Outlines Critical 2027-28 Budget Needs, Calls for Robust Levy
Authorization for Issuance of Refunding Bonds
Cost of Living Adjustment for BET Executive Secretary
Votes (4)
Minneapolis Park and Recreation Board 2027-28 Budget Outlook
The Minneapolis Park and Recreation Board presented its 2027 property tax request of 5.86%, detailing its commitment to current service levels while accommodating new facilities like North Commons and Upper Harbor. Discussion covered efforts to diversify revenue beyond property taxes, historical trends showing slower growth in park board levy compared to the city's general fund, and specific challenges in funding regional park maintenance and natural areas stewardship due to state funding shortfalls. Commissioners also raised concerns about specific enterprise fund operations, such as the Sculpture Garden and Ice Arena, which are currently operating at a loss.
Resolution to Authorize the Issuance of Refunding Bonds
Moved by Commissioner Olsen [1:11:47] · Seconded by Commissioner Payne [1:11:49]
The city's Director of Banking Investments and Debt presented a resolution to authorize refunding the General Obligation Capital Improvement Bond Series 2018, which originally financed the Public Service Building and East Side Storage Facility. The primary motivation is an estimated $1.9 million in interest cost savings. The refunding will be partial, focusing on maturities through 2036 where savings are most significant. The authorization is contingent on favorable market rates at the time of sale, not obligating the city to proceed if conditions are not met. One commissioner voiced a historical objection to the original funding mechanism of the Public Service Center but supported the current resolution for the substantial savings.
Discussion and Consideration of a Resolution for the Cost of Living Adjustment for BET Executive Secretary Christina Kaiderling
Moved by Commissioner Olsen [1:19:54] · Seconded by Commissioner Payne [1:19:57]
The Board considered a resolution to grant a 2.5% COLA to its Executive Secretary, Christina Kaiderling. The primary point of contention was whether the adjustment could be made retroactive to January 1, 2026, as the delay was due to an administrative oversight in the city's HR department. Legal advice from the City Attorney indicated that COLA adjustments could not be applied retroactively. To address this, the Board ultimately approved the COLA effective July 26, 2026, and separately moved to request a legal analysis on options for providing retroactive back pay to January 1, 2026, ensuring the executive secretary is compensated fairly for the missed period.
Motion to Direct City Attorney for Legal Analysis on Retroactive Back Pay
Moved by Commissioner Payne [1:20:53] · Seconded by Vice President Bernstein [1:21:06]
Following the approval of the Cost of Living Adjustment for the Executive Secretary with a non-retroactive start date, the Board passed a separate motion. This motion formally directs the city attorney to provide a legal analysis outlining potential options for accommodating retroactive back pay for the COLA, dating back to January 1, 2026. This action demonstrates the Board's commitment to ensuring the Executive Secretary receives full compensation for the period affected by the administrative oversight.
Notable Quotes (9)
the maximum levy you set is what provides the ceiling for the park board's property tax request. So it definitely uh directly affects whether we can maintain current levels within our organization for the Minneapolis residents and of course for the taxpayers.
Research from the National Recreation and Park Association and a comprehensive report by the Center for City Parks Excellence confirm that every dollar invested in public parks, committees see at least a $3 return in economic benefits.
establish and implement an organizationwide revenue strategy and by the end of 2030 develop maintain and publicly report on progress of an organizationwide revenue development ment strategy that increases the total nonpropy tax revenue by 20% or 4.3 million in the general fund and 8% or 1.4 million in our enterprise fund with the overall goal of reducing the property tax share of the MPB's operating budget.
the city property taxes has increased over the last decade or or what have you by 40% more um than the park board. Um, so we are already kind of operating as a pretty lean organization and uh in fact, you know, really just recently got to staffing levels that were pre Great recession.
the investment would be about 170,000 and the park board currently receives if you cost it uh volunteer services in the area of 700,000 from the 40 or so natural resources caretaker agreements it has.
We do estimate approximately uh $1.9 million in interest cost savings right now. Uh where we to refund these uh about twothirds of that is on the capital improvement plan bond portion. Uh that's the public service building. And then a third of th those savings would be recognized in the solid waste uh enterprise fund um related to the east side storage facility.
I believe the refunding is of a financing that preceded your time on the job as well as the elected times of anybody here on the board. Um, if this were a funding resolution, I would be voting against it because I resent the fact that the U city did an end run around the uh public and uh click when it came to getting approval for the um public services center. I realize there are mechanisms in state law that allow that to happen, but I am not one to stand in the way of 1 almost $2 million in savings from a brief funding. And I just wanted to get that on the record.
this happened uh through no fault of the board, no fault of Miss Kaiderling uh who was early in the year trying to ascertain her status and um uh it actually happened because the city made bro no provision in its HR department for an adjustment in this position uh for cost of living.
I can say that this has been reviewed and that the judgment is that a cost of living adjustment cannot be made retroactive.
Ordinances & Resolutions (5)
Adopted by the Board of Commissioners on July 1st, this document outlines the Park Board's strategic priorities, including a key performance measure to establish an organization-wide revenue strategy to increase non-property tax revenue.
Authorizes the issuance of refunding bonds for the city's General Obligation Capital Improvement Bond Series 2018.
City bonds issued in October 2018 to finance the construction of the Public Service Building and work on the East Side Storage Facility, now being considered for refunding.
The new refunding bonds are intended to be issued along with this existing bond issue.
Approves a 2.5% Cost of Living Adjustment for the executive secretary of the Board of Estimate and Taxation, Christina Kaiderling.