Dive into the numbers
You can view, filter, and analyze revenue, expense, and balance sheet financial data from fiscal year 2016 to current year, including annual tax revenues, personnel costs, monthly operating expenses, and overtime costs. You can download and share the data, too.
Matching our tax dollars to our goals and values
The City Council and city staff worked over six months developing the budget. We continue to prioritize funding in our strategic plan.
- Economic vitality
- Housing availability
- Quality facilities
- Diversity, equity and inclusion
- Service excellence
- Climate action
Just like a credit score for personal loans, a city bond rating provides lower interest rates when borrowing money for things like street reconstruction and remodeling of the fire station.
The City of Northfield is fortunate to have a “AA” bond rating from Standard and Poors based on factors such as our economy, debt load, financial performance, governance and management practices.
City taxes are about 35% of property taxes in Northfield. The remainder is made up of taxes from the county and school districts, 23% and 42% respectively.
Property tax refund
If you're a Minnesota homeowner or renter, you may qualify for a Property Tax Refund. The refund provides property tax relief depending on your income and property taxes.
This is through the Minnesota Department of Revenue.
The City Council annually approves a tax levy amount for the entire community that is needed to provide city services. This amount is then divided among all taxpayers in the community based on their property values. Property values are determined by the county and tax rates are set by the State of Minnesota.
|Year||Tax levy (total dollars)|
Current levy rate
The Council is recommending a 11.6% levy rate increase for 2022. Despite the total levy increasing, the City property tax rate is less than it was five years ago.
Low city taxes compared to similar cities
When compared to similar cities, Northfield has one of the lowest total property taxes to fund city services.
(Cities shown from left to right: New Hope, West St. Paul, Hastings, Stillwater, Owatonna, Crystal, South St. Paul, Columbia Heights, Elk River, Forest Lake, Northfield, New Brighton, Faribault, White Bear Lake)
For the typical household, this means for an extra $6.50 a month, you’ll get:
To plant and maintain all of the flowers and landscapes beds in downtown and in the parks.
To help manage $34 million in planned street and utility projects and to oversee the enhancements to the riverfront parks.
Assistant city planner
To focus on ensuring a healthy downtown and assist in reviewing development plans.
Economic development associate
To help attract new businesses to offset the tax burden on residents.
To meet call demands at peak time and allow the department to have more proactive, positive contacts with community.
Northfield Public Broadcasting station manager
To help keep community members informed on what’s going on in the city.
To ensure the city is serving all of its community members.
Core city services
- Administrative services
- Business development
Culture & Recreation
- Parks, ice rink and pool
- FiftyNorth senior center
- Fire and Rescue
- Emergency management
- Building inspections
- Street repair and construction
- Snow plowing
- Drinking, storm and waste water
- Garbage, recycling and yard waste
- City buildings
Budget development timeline
Initial budget development
- June - Past year's independent financial audit complete and presented to Council
- July - Council budget meeting
- August - Council budget meeting
Council reviews budgets
- September - Council adopts preliminary budget, maximum tax levy and next year’s utility rates
Council prioritizes services and adjusts budget
- October - Council budget meeting
- November - Council budget meeting
- December - Presentation and public input; Council adopts final budget and levy