Posts Tagged ‘city spending trends’

Real City Spending Down Since 2006

Total Minnesota city revenues—adjusted for inflation—have declined by six percent from 2006 to 2015, based on data from the recently released Minnesota City Finances report from the Office of the State Auditor (OSA), as summarized in the preceding North Star article. The decline in city revenue exceeds twelve percent if we further adjust for growth…

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Real City Revenues Drop Over the Decade

Despite significant population growth, the inflation-adjusted revenue of all Minnesota cities has declined by six percent from 2006 to 2015. However, the decline is not spread evenly across all revenue categories. Property taxes climbed significantly over the decade, but not by enough to replace losses in real federal and state aid and other revenue sources.…

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