Finance Department

350 S. 5th St., Room 325M
Minneapolis, MN 55415

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:

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.


2016 budget general fund chart



Last updated Nov 13, 2015