Applies to
All departments
The administrative financial policies guide how funds are managed, reported, and allocated. These policies require regular financial reporting to ensure spending aligns with authorized budgets. Departments must identify ongoing costs for technology projects and secure funding before making purchases. Contracts, grants, and gifts must be approved and managed according to specific guidelines. The policies also include rules for collecting receivables, maintaining compliance with security standards, and managing employee compensation. The Finance Officer has authority over various financial adjustments, appropriations, and the administration of City funds and resources.
All departments
Financial policies are adopted each year as part of the City budget.
Council approval: July 1, 1988
Last revised: December 12, 2023, Resolution 2023R-382
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Phone
Address
Physical AddressPublic Service Center250 S. Fourth St., Room 401Minneapolis, MN 55415 Mailing AddressCity Hall350 S. Fifth St., Room 325MMinneapolis, MN 55415