Minneapolis may lay off 40 workers and cut spending projects to fill $156M budget deficit

Published July 10, 2020 8:00pm ET



Minneapolis Mayor Jacob Frey presented a plan to patch a more than $155 million revenue gap using furloughs, cash reserves and spending freezes.

The deficit followed the COVID-19 pandemic and riots in the wake of George Floyd’s death in police custody, which combined brought a steep drop in parking, utilities and general revenue.

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