Colorado Springs, CO vs Minneapolis, MN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Minneapolis spends 39.7% more per capita than Colorado Springs ($8,687/person difference). Minneapolis, MN has the stronger Fiscal Health Score (B, 65/100).
Fiscal Health Score
C
59/100
Budget Balance54
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Colorado Springs
Minneapolis
Total Spending
$6.3B
$9.4B
Spending / Capita
$13,222
$21,910
Total Revenue
$25.3B
$8.2B
Revenue / Capita
$52,777
$19,159
Total Debt
$1.5B
$274.8M
Debt / Capita
$3,063
$644
Population
479,612
426,877
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Colorado Springs$1,266
Minneapolis$683
Highways & Roads
Colorado Springs$0
Minneapolis$221
Parks & Recreation
Colorado Springs$376
Minneapolis$3,486
Revenue Breakdown (Per Capita)
Colorado SpringsMinneapolis
| Sales Tax | $257 | $1,989 |
| Income Tax | $0 | $994 |
| Intergovernmental | $6,902 | $2,929 |
| Charges & Fees | $5,676 | $2,040 |
| Other | $2,678 | $3,254 |
Spending Breakdown (Per Capita)
Colorado SpringsMinneapolis
| Fire Protection | $1,266 | $683 |
| Highways & Roads | $0 | $221 |
| Public Welfare | $575 | $1,500 |
| Hospitals | $416 | $0 |
| Parks & Recreation | $376 | $3,486 |
| Housing | $2,713 | $4,133 |
| Sewerage | $0 | $570 |
| Utilities | $2,566 | $2,398 |
| Interest on Debt | $190 | $0 |
| Other | $5,120 | $8,919 |
C
Colorado Springs, CO
Fiscal Health Score: 59/100
Average fiscal health
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health