City services and your property taxes
A short video designed to help city residents better understand the local property tax system is now available from The League of Minnesota Cities. "Special Delivery" is a story about a typical Minnesota family that receives a property tax statement, which inspires conversations about city services and the factors that affect property tax rates.
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City maintains top bond ratings for November 2017 bond sales
The City of Bloomington was again assigned top ratings for their November 2017 bond sales by all three rating services, ranking with an elite few cities nationwide that hold three triple-A bond ratings. The City maintains its Aaa from Moody's, AAA from Standard & Poor's and AAA from Fitch Ratings, the highest bond ratings awarded by those agencies.
To learn more about the City of Bloomington's Finance awards, click here.
For more information regarding your 2016 property taxes please follow the link to our page on property tax information.
For more information regarding 2017 local sales tax and Local Sales Tax Return forms please follow the link to our page on sales tax information.
The City's recent bond sales were rated by three credit rating agencies: Moody's Investors Service, Standard & Poor's and Fitch. The City received the highest rating possible (Triple A) from all three agencies. Listed below are the rating agencies' reports.
- Annual budget
- Comprehensive Annual Financial Report (CAFR)
- General Fund Monthly Report
- Popular Annual Financial Report (PAFR)
A schedule of fees and charges adopted by the City Council (excluding those established by ordinance). Individual items are subject to change during the fiscal year.
Capital Improvement Plan (CIP)
The Capital Improvement Plan (CIP) constitutes the capital improvement plan of the City of Bloomington (City). It is a planning tool based on long-range physical planning and financial projections that forecast the City, the Bloomington Port Authority (Port), and Housing and Redevelopment Authority for the City of Bloomington (HRA) capital needs over a five-year period as building blocks to help achieve the City's strategic vision and mission. The CIP includes a detailed description of every Capital Project anticipated to be initiated during the five-year period.
Report on Performance Measures for 2016
The City of Bloomington participates in the Performance Measurement Program through the State Auditor's office. This voluntary program requires cities and counties to adopt ten selected measures that will be used to manage operations and reported to citizens and property taxpayers. Some of the information in this report was taken from a citizen survey conducted in 2017.