Lakeville, MN vs Bloomington, MN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Bloomington spends 55.5% more per capita than Lakeville ($11,852/person difference). Lakeville, MN has the stronger Fiscal Health Score (C, 58/100).
Fiscal Health Score
C
58/100
Budget Balance54
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity93
Trend Direction50
D
48/100
Budget Balance0
Debt Burden78
Pension Funding76
Spending Efficiency42
Revenue Diversity58
Trend Direction50
Key Metrics
Metric
Lakeville
Bloomington
Total Spending
$670.9M
$1.9B
Spending / Capita
$9,491
$21,342
Total Revenue
$1.3B
$923.0M
Revenue / Capita
$18,789
$10,342
Total Debt
$61.4M
$31.7M
Debt / Capita
$869
$355
Population
70,696
89,244
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Lakeville$274
Bloomington$282
Parks & Recreation
Lakeville$688
Bloomington$1,297
Education
Lakeville$0
Bloomington$25
Revenue Breakdown (Per Capita)
LakevilleBloomington
| Property Tax | $619 | $956 |
| Sales Tax | $785 | $568 |
| Income Tax | $0 | $1,025 |
| Intergovernmental | $6,772 | $3,294 |
| Charges & Fees | $1,685 | $4,186 |
| Other | $2,950 | $774 |
Spending Breakdown (Per Capita)
LakevilleBloomington
| Fire Protection | $274 | $282 |
| Education | $0 | $25 |
| Public Welfare | $777 | $2,499 |
| Hospitals | $0 | $1,423 |
| Parks & Recreation | $688 | $1,297 |
| Housing | $2,141 | $3,707 |
| Utilities | $1,292 | $4,291 |
| Other | $4,319 | $7,817 |
C
Lakeville, MN
Fiscal Health Score: 58/100
Average fiscal health
D
Bloomington, MN
Fiscal Health Score: 48/100
Below average fiscal health