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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Lakeville, MN

Population: 70,696 (2022) · Small Cities (50K–100K)

C
58/100

Average fiscal health — some areas of concern

Total Spending
$670.9M
Per Capita
$9,491
Total Revenue
$1.3B
Total Debt
$61.4M

Spending Breakdown

Other
45.5%$305.3M
Housing & Community Development
22.6%$151.4M
Utilities
13.6%$91.3M
Public Welfare
8.2%$54.9M
Parks & Recreation
7.2%$48.6M
Fire Protection
2.9%$19.4M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Property Tax
3.3%$43.8M
Sales Tax
4.2%$55.5M
Intergovernmental
36.0%$478.8M
Charges & Fees
9.0%$119.1M
Other
15.7%$208.5M

Per Capita Spending by Department

Fire Protection$274/person
Parks & Recreation$688/person

Score Breakdown

Budget Balance & Reserves (25%)54/100
Debt Burden (20%)0/100
Pension Funding (20%)76/100
Spending Efficiency (15%)100/100
Revenue Diversity (10%)93/100
Trend Direction (10%)50/100

Debt Overview

Total Debt$61.4M
Long-Term Debt$288.0M
Debt Per Capita$869
Cash & Securities$1.5M

Compare Cities

See how Lakeville stacks up against another city.

vs Minneapolis, MNvs St. Paul, MNvs Rochester, MN
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Minnesota

Minneapolis, MN

Pop. 427K

B
Total Spending
$9.4B
Per Capita
$21,910

St. Paul, MN

Pop. 309K

C
Total Spending
$7.0B
Per Capita
$22,552

Rochester, MN

Pop. 121K

A
Total Spending
$1.7B
Per Capita
$13,796

Bloomington, MN

Pop. 89K

D
Total Spending
$1.9B
Per Capita
$21,342

Compare Lakeville With

Minneapolis, MN

Spending: $21,910/person · Grade: B

St. Paul, MN

Spending: $22,552/person · Grade: C

Rochester, MN

Spending: $13,796/person · Grade: A

Bloomington, MN

Spending: $21,342/person · Grade: D

Frequently Asked Questions

Lakeville, MN spends $9,491 per resident, based on total expenditures of $670.9M for a population of 70,696. The city has a Fiscal Health Score of C (58/100).

Lakeville, MN has total expenditures of $670.9M and total revenue of $1.3B. The city carries $61.4M in total debt, based on Census Bureau data from 2023.

Lakeville, MN employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Lakeville, MN has a Fiscal Health Score of C (58/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.

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