FOR IMMEDIATE RELEASE
December 3, 2025
CONTACT
Jennifer “JLor” Lor
(651) 417-9454
SAINT PAUL—Today, the City of Saint Paul adopted its final 2026 budget, concluding a comprehensive and collaborative process between the Carter Administration and the Saint Paul City Council.
The 2026 budget totals approximately $883 million, with a General Fund of $404.9 million. It proposes a 5.3% increase toward a $232.5 million property tax levy—about $107 a year, or $9 a month, on a median-value home.
Over several weeks, staff and leadership from both bodies worked together to identify concerns, address outstanding issues, and restore key items where appropriate. This joint effort ensured that the final budget reflects shared priorities and supports the long-term sustainability of core services for residents.
“Our shared goal has always been delivering a sustainable budget for our residents, and I’m proud of the partnership with our City Council to make this possible,” said Mayor Carter.
The 2026 budget focuses on key investments areas to boost housing, downtown revitalization, and economic development; modernize city services; and support community well-being:
$13.9 million for housing and economic development, including $5 million for downtown office-to-housing conversions and $4.4 million for housing affordability efforts
$3.8 million for modernizing city services, including $1 million for cybersecurity upgrades to support efforts following the August cyber attack
$1.6 million for downtown development strategy and the Commercial Corridors Fund
$1 million for fentanyl and opioid response
This budget also includes a one-time $1.7 million allocation to the council for office renovations, and reduced funding for roughly 25 vacant or soon-to-be-vacant positions across multiple departments to help close projected budget gaps without requiring layoffs.
The extensive work of city staff guided the city to a budget agreement supported by all parties, one that avoids cuts to library and park hours and restores critical public safety FTEs.
“We’ve heard a clear message from our residents throughout this budget season: focus on core services and keep taxes low,” said Council President Noecker. “The budget we passed today is a response to that demand. It invests in the services our residents depend on every day—parks, libraries, recreation centers, and emergency response while keeping our levy increase as low as possible.”
Mayor Carter emphasized the strong, constructive partnership between the administration and council positions Saint Paul to navigate potential federal policy shifts that could affect local services, while ensuring the city continues not only to plan responsibly for the future but also invest in it now.
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