Budget Explorer · City of Minneapolis
Comparable revenue, spending, and debt for City of Minneapolis, on the same Census classification used for every city, county, and state in the Library — so the figures line up with peers rather than with the government's own budget book. Latest year: FY ending Dec 31, 2023. City of Minneapolis's own 2026 budget, in its own structure, follows below.
Total revenue
$1.31B
$3,077 per resident
Total spending
$1.18B
$2,782 per resident
Spending per resident
$2,782
33rd percentile of 71
Debt outstanding
$831M
$1,956 per resident · 19th percentile of 70
Own-source share
78%
42nd percentile of 71
Capital share
7%
12th percentile of 71
Own-source revenue (taxes, charges, interest) versus aid from other governments. Utility and trust revenue are shown alongside general revenue but run on their own books.
Own-source share of general revenue 78% · federal aid 8% · property tax is 71% of taxes
Current operations plus capital outlay, grouped by Census function. Interest on debt and transfers to other governments are broken out so they are not hidden inside services.
| Function | Category | Operating | Capital | Total |
|---|---|---|---|---|
| Police protection | Public safety | $260M | — | $260M |
| Sewerage | Environment & housing | $105M | $51M | $155M |
| Parks & recreation | Culture & recreation | $155M | — | $155M |
| General (unallocable) | General government | $141M | — | $141M |
| Water utility | Utilities (water, power, gas) | $62M | $28M | $90M |
| Fire protection | Public safety | $79M | — | $79M |
| Highways | Transportation | $71M | — | $71M |
| Parking | Transportation | $46M | $741K | $47M |
| Solid waste management | Environment & housing | $45M | $1.2M | $46M |
| Health | Health & hospitals | $36M | — | $36M |
| Central staff services | General government | $33M | — | $33M |
| Judicial & legal | General government | $18M | — | $18M |
| Financial administration | General government | $9.0M | — | $9.0M |
| General public buildings | General government | $8.8M | — | $8.8M |
Nominal dollars. The Census Bureau cautions that single-government series are edited only for aggregates — read direction, not decimals.
Revenue
+22% over 2 yrs
$1.07B → $1.31B
Spending
-12% over 2 yrs
$1.35B → $1.18B
Debt outstanding
-5% over 2 yrs
$879M → $831M
Percentile within the cohort on each place's latest Census year. Higher is not better — the last column says what a high reading means so you can decide whether it matters here.
| Measure | City of Minneapolis | Cohort median | Percentile | Higher means |
|---|---|---|---|---|
| Spending per resident | $2,782 | $3,741 | 33rd | more spent per resident |
| Revenue per resident | $3,077 | $3,548 | 36th | more raised per resident |
| Taxes per resident | $1,328 | $1,328 | 50th | heavier own-tax load |
| Debt per resident | $1,956 | $3,865 | 19th | more borrowed per resident |
| Own-source share of revenue | 78% | 81% | 42nd | less dependent on aid |
| Federal aid share of revenue | 8% | 7% | 63rd | more exposed to federal cuts |
| Capital share of spending | 7% | 18% | 12th | more building, less operating |
| Interest share of spending | 3% | 4% | 29th | more spend servicing debt |
| Debt ÷ annual revenue | 0.64× | 1.05× | 22nd | more leveraged |
Spot an error, or know a better source for this place's adopted budget? Suggest an edit on the assessment.
Adopted budget · 2026
City of Minneapolis's own budget, in its own structure, read from its published budget book and checked against the total the document itself prints. This is the current year — more recent than the Census series above, but only comparable to this city's own history. Totals cover 21 departments.
Looking for how this fits City of Minneapolis's capacity to deliver? The fiscal dimension, binding constraint, and pathways live in the City of Minneapolis capacity assessment.
The Civic Infrastructure Diagnostic Framework’s structural elements — the four cluster labels, the six capacity dimensions, and the binding-constraint framing — are licensed under CC BY 4.0. Anyone may use or adapt them with attribution. Tool implementation and full article text © 2026 JTV Advisory LLC.