In his budget address on Monday, Mayor Rybak stressed the importance of growth to the future of Minneapolis. He stated that growth in both population and business is necessary for the financial health of the city.
According to article on MinnPost, Minneapolis and St. Paul have seen declining populations and jobs for the past 60 years. With the mayor's proposal, Minneapolis will focus growing housing and jobs along transit lines and parks.
"The more new people and business we attract, the more they share the cost of running a great city. The bigger the tax base, the more we can do, and less falls on each of us," said Rybak.
Read more at MinnPost.com.