2020 Budget Proposal
OUR PEOPLE, OUR PLACES, OUR PROSPERITY
Building a safe, welcoming, and inclusive future for all of us
Our 2020 budget proposal reflects the values that we hold dear in Saint Paul and helps us continue our progress toward building a safe, welcoming, and inclusive city that works for all of us.
As a growing and changing city, we’ve seen our tax base grow by over 6.4% over the past year. We have a responsibility to not only meet the needs we have today, but to ensure we maintain a strong commitment to building a sustainable future.
Realizing this vision requires us to continue to invest in our people, our places, and our prosperity. This means continuing to engage in a long-range strategy that helps us run our local government smarter while making the critical investments and strategic reductions that meet our needs.
This approach helped us finish 2018 under budget, and saw our AAA debt rating reaffirmed by both S&P and Fitch earlier this year. We have also received our first significant increase in Local Government Aid from the State of Minnesota since 2013 which has helped provide us with much-needed resources to support our city services.
Even with our growth and strong standing, we started our 2020 budget process with a $17 million gap, in large part due to salary growth for our public safety staff and other city workers.
Our 2020 budget proposal helps us address this gap with a proposed 4.85% property tax levy increase, amounting to an increase of $55 per year, or about $4.58 per month for a median value home. Our proposal reflects a combination of strategic investments, along with strategic reductions touching every single department which total more than $4 million.
Above all, our 2020 budget proposal continues the bold vision we’ve built together and strikes a balance of making the investments we need to ensure Saint Paul continues on the path of progress while maintaining livability and attractiveness for all of us.
I look forward to being your teammate as we continue building our city, together.
- Melvin Carter, Mayor
Watch Mayor Carter's 2020 Budget Address