Minneapolis, MN vs Colorado Springs, CO
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Minneapolis spends 65.7% more per capita than Colorado Springs ($8,687/person difference). Minneapolis, MN has the stronger Fiscal Health Score (B, 65/100).
Fiscal Health Score
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
C
59/100
Budget Balance54
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity100
Trend Direction50
Key Metrics
Metric
Minneapolis
Colorado Springs
Total Spending
$9.4B
$6.3B
Spending / Capita
$21,910
$13,222
Total Revenue
$8.2B
$25.3B
Revenue / Capita
$19,159
$52,777
Total Debt
$274.8M
$1.5B
Debt / Capita
$644
$3,063
Population
426,877
479,612
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Minneapolis$683
Colorado Springs$1,266
Highways & Roads
Minneapolis$221
Colorado Springs$0
Parks & Recreation
Minneapolis$3,486
Colorado Springs$376
Revenue Breakdown (Per Capita)
MinneapolisColorado Springs
| Sales Tax | $1,989 | $257 |
| Income Tax | $994 | $0 |
| Intergovernmental | $2,929 | $6,902 |
| Charges & Fees | $2,040 | $5,676 |
| Other | $3,254 | $2,678 |
Spending Breakdown (Per Capita)
MinneapolisColorado Springs
| Fire Protection | $683 | $1,266 |
| Highways & Roads | $221 | $0 |
| Public Welfare | $1,500 | $575 |
| Hospitals | $0 | $416 |
| Parks & Recreation | $3,486 | $376 |
| Housing | $4,133 | $2,713 |
| Sewerage | $570 | $0 |
| Utilities | $2,398 | $2,566 |
| Interest on Debt | $0 | $190 |
| Other | $8,919 | $5,120 |
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health
C
Colorado Springs, CO
Fiscal Health Score: 59/100
Average fiscal health