About the City’s General Fund
The majority of the City’s annual budget is restricted for specific uses (for instance, water fund revenue can only be used to support that particular program). The City’s basic services and discretionary spending are found in its General Fund. The General Fund primarily funds:
- Public Works
- Administrative departments
General Fund activities are largely funded by property taxes and Local Government Aid (LGA) from the State of Minnesota. Over time, the General Fund has become less reliant on these two sources as growth in other non-tax revenues have provided for increased service levels without raising taxes.
The 2016 proposed General Fund revenue budget excluding transfers is approximately $484 million. This is an increase of 5.6% from the 2015 Council Adopted Budget.
Last updated Nov 13, 2015