July 8, 2026 Board of Estimate and Taxation

The July 8, 2026 meeting of the Minneapolis Board of Estimate and Taxation focused primarily on governance and budget-related resolutions. Key procurement-related discussions included the board's support for a voluntary pilot program for payments in lieu of taxes (PILOT), aimed at generating alternative revenue sources without new taxes. The board passed a resolution endorsing the city council's study of this pilot program and recommended that any funds generated be allocated to an infrastructure improvement or urban wealth fund to invest in public assets and income-producing properties. Additionally, the board approved an annual step increase for the executive secretary based on a satisfactory performance review. A charter change resolution was also adopted to allow city council vice presidents to serve as voting members to help maintain quorum. No direct contract awards or vendor selections were discussed.