- City Budget
- City Budget Process
City Budget Process
Participate in the Budget Process
Approving the City’s Annual Budget is one of the most important decisions made by City Council. The 2024 budget will be based on staff recommendations and input received from the community.
The public is invited to attend any or all City Council meetings where the budget is discussed. The City will also provide additional engagement opportunities for residents who wish to participate in the budget process.
The following is a tentative schedule for discussions on important aspects of the City’s Budget.
January 6, 2023
Open Book meetings
Hennepin County Assessor's office will host meeting sessions for the purpose of discussing property valuations that will be used for 2024 taxes. Valuation notices will include an insert providing additional information. Taxpayers may also call the assessor at any time to review valuation.
April - July 2023
- 2022 Audit
- Departments prepare Operating, Equipment (ERP) and Capital (CIP) Budgets
June 20, 2023
Review updated Financial Management Plan
July 11, 2022
Review First Draft 2022 Tax Levy and General Fund Budgets
August 8, 2023
Review Capital Improvement Plan (CIP) and Equipment Replacement Plan (ERP)
August 14, 2023
Budget Engagement Session on 2024 Budget and Tax Levy
The City will host a budget engagement session at City Hall. View last year's Budget Engagement Session below:
September 5, 2023
Approve Preliminary Tax Levy and General Fund Budget
Approve Capital Improvement Plan (CIP) and Equipment Replacement Plan (ERP)
October 10, 2023
Review Special Revenue Fund Budgets, Enterprise Fund Budgets, Activity Center Budget and Utility Rates
|Activity Center||Arts Center|
November 6, 2023
Approve Utility Rates
December 4, 2023
December 5, 2023
Approve Final Budget and Tax Levy
Questions or comments?
Please use this form to submit any general comments or questions about the budget process.