
Finance: The Budgeting Process
[FREE COURSE] This course designed specifically for small cities provides an overview of the budgeting process.
Cities have several potential sources of revenue. Find information on property taxes, state aid programs, city service charges and enterprise funds, borrowing funds, obtaining grants and accepting donations.
If you would like to save the page you’re viewing as a PDF document, here are the steps:
Provides an overview of the different property tax relief mechanisms available to Minnesota homeowners.
Describes the basic mechanics of the property tax base sharing fiscal disparities program.
Describes the basic mechanics of Minnesota's property tax system, including a glossary of terms.
Describes how the Local Government Aid (LGA) program works.
An overview of the homestead market value exclusion program.
Offers a timeline of events in the local government aid (LGA) system.
Learn about setting rates for municipal utilities, on what basis cities may make charges, and method for collecting payments due.
Describes legal aspects of debt and borrowing such as laws governing bonds, debt service funds, and the impact of federal…
Learn about the city’s authority to tax and the property tax process including assessment, valuation and classification of property.
Learn about major sources of revenue for cities you can consider in developing and implementing a city budget.