For the first time since 2012, the City of Minneapolis has increased fees for the licensing of local rental properties. Passed at the City Council’s meeting on Friday, August 3, the new fee schedule went into effect on January 1, 2019.
In addition, the City of Minneapolis has announced that it will be shifting from the previous licensing fee billing period, which ran from September 1 to August 31, to a new March 1 to February 28 schedule. To ease the transition to the new billing period, which will take full effect in March of 2020, the 2019 bill will be issued in two parts. The first bill, which landlords are slated to receive this month, will reflect the fees owed for January 1 to August 31, 2019 under the new rates, and will also include updated tier ratings for the rental properties in question. The second bill, scheduled to arrive in July 2019, will cover the period of September 1, 2019 to February 28, 2020. The two bills will come due, respectively, on March 1 and August 31 of this year.