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2026 budget process
2026 budget process

Bloomington's 2026 budget and our path forward

Prioritizing what matters most

Each year the City Council approves a budget to fund City services such as Public Safety, Public Works, and Parks and Recreation. Similar to other organizations, the City of Bloomington is facing budget challenges. Pressures on the budget include expiring funding sources, rising costs of goods and services, and aging infrastructure and facilities. 

Shifting to Priority-Based Budgeting 

To navigate these pressures, Bloomington is implementing Priority-Based Budgeting—a government finance best practice to help us: 

  • Evaluate all City programs based on community needs and the value they provide.
  • Align resources with the Bloomington. Tomorrow. Together. strategic plan priorities.
  • Increase transparency and accountability.
  • Make data-driven strategic decisions. 

What you need to know

  • We’re committed to understanding the impacts on the community of these budget decisions.
  • We’ll use resident feedback, data and new tools to make strategic, sustainable decisions.
  • Final decisions rest with the City Council, with guidance from City staff and the new budgeting model. 

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.

Annual budget books and budget in brief

budbook_2025

The Annual Budget Books for the past five years are linked below. More financial reports are available at blm.mn/financialreports.

The 2025 Budget in Brief is a 30 page summary of the Annual Budget Book. 

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Contact Information

Contact Information

Kari Carlson, CPFO

Deputy Finance Officer
952-563-8725
Email staff