Finance Department

The Finance Department offers services to internal and external customers through the following offices:

• Accounting
• Audit
• Budget
• Purchasing/Contracting
• Risk Management
• Utility Billing

Property tax information

For more information regarding property taxes, please follow the link to our page on property tax information.

Sales tax information

For information regarding liquor, lodging, and admission local sales tax and related tax return forms, please follow the link to our page on liquor, lodging, admission local sales tax information.

For information regarding the 0.5% local option sales tax approved by Bloomington voters in 2023, please visit the local option sales tax page.

The Minnesota Department of Revenue provides a Sales Tax Rate Calculator that may be helpful in determining tax rates by location.

The City of Bloomington was again assigned top ratings for their August 2022 bond sale by all three rating services for the General Obligation (GO) Permanent Improvement Revolving Fund Bonds of 2022, Series 56. The City maintains its Aaa from Moody's, AAA from Standard & Poor's and AAA from Fitch, the highest bond ratings awarded by those agencies and an honor held by only 35 cities across the country.

• Fitch
• Moody's
• S&P Global

Financial Management Policies (last updated March 2024)

• Selected excerpts:
  • Business Subsidy Policy
  • Conduit Debt Policy
  • Debt Management Policy
  • Investment Policy
  • Tax Increment (TIF) Policy

For detailed financial reports and historical listings, including the Annual Financial Report, Annual Budget, and the Capital Improvement Plan, visit our Financial Reports page.

You may file a claim against the City online or by downloading, signing and returning the City's claim form.

You may also contact the City's Risk and Litigation Manager at 952-563-4932. Typical claims include property damage caused by a squad car, snow plow or other City vehicle.