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Bloomington Briefing

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Council to vote on final 2023 budget

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Bloomington Briefing Published November 18, 2022
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Updated on December 1, 2022
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The City Council will vote to adopt a final 2023 budget this month. In September, the Council approved a preliminary 2023 property tax levy increase of 10.5%. The preliminary tax levy can be reduced, but not increased, before final adoption.

The primary factor driving this increase is a significant need for public safety spending. The Police and Fire Departments account for 49% of the City’s 2022 tax levy, and the proposed 2023 levy increases that percentage.

This levy would fund 69% of the City’s 2023 general fund budget. The remainder of the proposed budget would be supported by lodging and admission taxes, license and permit fees, grants and program revenues.

The City Council will hold a public budget hearing Monday, December 5, 6:30 p.m., at Bloomington Civic Plaza, 1800 West Old Shakopee Road. Instructions on how to participate in person or by phone are available online at blm.mn/cc-1205.

For more information, including links to Council presentations on the budget, the notes from various themed budget community outreach events and related Council Minute segments, visit blm.mn/budget.