Budgets

Current Adopted Budget

During the 2020 IGH budget process, City Council members listened to constituents’ concerns and developed budget priorities that include:

  • Increase funding for our Pavement Management Program. An additional $500,000 will go into this fund to help with street repair and replacement. This will mean more roads fixed faster!
  • Supporting a new Police Cadet Program, which will bring on board employees in non-sworn positions, who can assist with issues such as animal control, parking and traffic control.
  • Create a joint position, shared between Parks and Storm Water Management, for improved, more effective maintenance.

The City tax levy for 2020 is $24,747,680. This is a 6% increase over 2019. However, the tax levy rate changed from .53537 to .50881 or a 4.96% DECREASE! This is due in part to tax capacity of properties in the City increasing 6.1% overall. When tax capacity increases, it is because of growth in terms of market value added from new homes and businesses, and the value of previously existing homes and businesses going up.

“...our bond rating [is] at AAa+, which makes it easier for the City to access financing...Overall, IGH continues to grow, with new business and housing capacity added each year.”

Other good news is that the City is good at managing debt, with our debt-to-operating budget ratio capped at just 15%. This keeps our bond rating at AAa+, which makes it easier for the City to access financing it might need. Overall, IGH continues to grow, with new business and housing capacity added each year. Did you know that our community added more than 500 new homes in the last 5 years? Our City Council and staff share your priorities regarding pavement management, community safety and the environment. We are eager to move forward into a new decade full of opportunities for IGH.

Should you have any questions about how our budget process works, call City Hall at 651-450-2500.

Fee Schedule

Each year the City Council adopts the City's fee schedule.  The fee schedule covers fees associated with all City Departments and include but are not limited to: licenses, permits, service costs, copying/mapping costs and other miscellaneous costs.  If you need specific explanations on fees please contact the Departments. 

Fee Schedule

2019 Comprehensive Annual Financial Report 

2019 Adopted Budget

Capital Improvement Financing Plan (2020-2024)

CIP Financing Plan 2018 Report

Pavement Management Program Map (2019-2023)