City budget
Join us at the September 14 City Council Meeting to learn more and provide comment
A presentation on the proposed 2027–2028 budget will be held during the City Council meeting on Monday, September 14. Meetings begin at 6:30 p.m. in the City Council Chambers at Civic Plaza, 1800 W. Old Shakopee Road. Following the presentation, community members will have an opportunity to provide comments before the City Council discusses the proposed budget and sets the preliminary tax levy for 2027.
2027-2028 Budget engagement has begun
Finance staff have been at community events this spring and summer talking to residents about the 2027-2028 budget.
New this year, the City is shifting to a two-year budget cycle. This provides time for decision-makers to assess programs and services and make data-driven decisions about resource allocation. This new approach will ensure the investments being made are impactful and aligned with the community’s needs and values.
If you didn't catch the Budget Team at a community event this summer, you can still share your priorities for the 2027-2028 budget. Share comments at blm.mn/budget-engagement.
Understanding your property taxes and home valuations
Bloomington’s deputy finance officer and city assessor help you understand two important documents that arrive in mailboxes in March: your property tax statement and home valuation notice.
2027-2028 Budget process
Each year the City Council approves a budget to fund City services such as Police, Fire, Public Works, and Parks and Recreation.
The City utilizes Priority-Based Budgeting—a government finance best practice to help:
- Evaluate all City programs based on community needs and the value they provide.
- Align resources with the Bloomington. Tomorrow. Together. strategic plan priorities.
- Make data-driven strategic decisions.
Opportunities for public comment and public hearings
A presentation on the proposed 2027–2028 budget will be held during each of the five City Council meetings listed below. Meetings begin at 6:30 p.m. in the City Council Chambers at Civic Plaza, 1800 W. Old Shakopee Road. Following the presentation, community members will have an opportunity to provide comments before the City Council discusses the proposed budget.
For meeting dates, agendas, and webcast information, visit the City Council meetings page.
- Monday, August 17, 2026, Budget Study Session and opportunity for public comment
- Monday, September 14, 2026, Resolution Adopting Preliminary 2027 Tax Levy with opportunity for public comment
- Monday, November 9, 2026, Public Hearings: Utility Rates (Solid Waste, Water, and Wastewater rates)
- Monday, November 16, 2026, Budget Study Session and opportunity for public comment
- Monday, December 7, 2026, Public Hearing: Truth in Taxation Public Hearing: 2027 Property Tax Levy and General Fund Budget
2027-2028 Budget information and outreach event calendar
Visit our staff-hosted information tables to learn about the budget process.
- Saturday, April 25, 2026, Bloomington Home Fair
- Saturday, June 14, 2026, Bloomington Pride Festival
- Saturday, June 20, 2026, Juneteenth Celebration
- Saturday, August 1, 2026, Farmer's Market
Let's Talk Bloomington comment board
Share your thoughts online at blm.mn/budgetfeedback
Video of the City Council presentation and discussions are linked below, as well as the related agenda item. To view past archived agenda materials, visit City meetings - Agendas, webcasts and documents
2027-2028 Budget Process Milestones
- June 15, 2026: 2027-2028 Budget process update
- Video of City Council meeting (Item 5.3)
- August 17, 2026: Study session to discuss the tax levy and budget with opportunity for public comment
- Video of City Council meeting (Item 3.1)
- September 14, 2026: City Council to set preliminary tax levy after opportunity for public comment
- October 12, 2026: Internal Services Department Presentations
- October 19, 2026: External Services Department Presentations
- November 9, 2026: Utility rates public hearings (water, wastewater, storm water, solid waste)
- November 16, 2026: Study session to discuss the tax levy and budget with opportunity for public comment
- December 7, 2026: Truth-in-taxation public hearing
- December 14, 2026: City Council to approve final tax levy and budget
2026 Budget Process Milestones
- August 18, 2025: Study session to discuss the 2026 tax levy and budget
- Video of City Council meeting (Item 5.1)
- September 8, 2025: City Council to set preliminary 2026 tax levy
- Video of City Council meeting (Items 4.1 and 4.2)
- September 29, 2025: Priority Based Budgeting (PBB) Update
- Video of City Council meeting (Item 5.4)
- October 13, 2025: Budget discussions with Internal Enterprise Services and Finance
- Video of City Council meeting (Item 5.3)
- October 20, 2025: Budget discussions with Community Development, Parks and Recreation, Public Health, Public Works, and Utility Funds Budgets
- Video of City Council meeting (Item 5.4)
- October 27, 2025: Budget discussions with Fire, Police, and Legal
- Video of City Council meeting (Item 5.3)
- November 17, 2025:
- Non-property tax budget requests on the consent agenda.
- Utility rates public hearings (water, wastewater, storm water, solid waste)
- Video of City Council meeting (Items 4.3-4.6)
- November 24, 2025: Discuss 2026 property tax levy and general fund budget and opportunity for public comment
- Video of City Council meeting (Item 5.1)
- December 8, 2025:
- Truth-in-taxation public hearing (Item 4.1)
- Internal Service Fund budgets requests on the consent agenda.
- December 15, 2025:
- City Council to approve Final 2026 tax levy and budget
- Video of City Council meeting (Item 4.1)
- Budgets for the remaining Recreation Facility Enterprise Funds and Special Revenue Funds were on the consent agenda.
- City Council to approve Final 2026 tax levy and budget
Mayor’s Council Minute videos featuring the 2027-2028 budget process
In the September 2, 2026 Council Minute, Mayor Tim Busse provides an update on the Bloomshine Village Townhomes development, recaps the presentation about the partnership with Three Rivers Park District, and gives an outlook on upcoming meetings regarding the 2027 tax levy and budget.
Budget documents
View the Annual Budget Book for fiscal year 2026. For a concise overview, view the 40-page 2026 Budget in Brief, which summarizes the Annual Budget Book.
Annual Budget Books from recent years are archived below. Additional financial reports published by the Finance Department are available at blm.mn/financialreports.
Share your input on the 2027-2028 budget! Visit Let's Talk Bloomington, the City's website for community conversations.