Minneapolis, MN vs Lakeville, MN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
Summary
Minneapolis spends 130.9% more per capita than Lakeville ($12,419/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
58/100
Budget Balance54
Debt Burden0
Pension Funding76
Spending Efficiency100
Revenue Diversity93
Trend Direction50
Key Metrics
Metric
Minneapolis
Lakeville
Total Spending
$9.4B
$670.9M
Spending / Capita
$21,910
$9,491
Total Revenue
$8.2B
$1.3B
Revenue / Capita
$19,159
$18,789
Total Debt
$274.8M
$61.4M
Debt / Capita
$644
$869
Population
426,877
70,696
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0
Per Capita Spending by Department
Fire Protection
Minneapolis$683
Lakeville$274
Highways & Roads
Minneapolis$221
Lakeville$0
Parks & Recreation
Minneapolis$3,486
Lakeville$688
Revenue Breakdown (Per Capita)
MinneapolisLakeville
| Property Tax | $0 | $619 |
| Sales Tax | $1,989 | $785 |
| Income Tax | $994 | $0 |
| Intergovernmental | $2,929 | $6,772 |
| Charges & Fees | $2,040 | $1,685 |
| Other | $3,254 | $2,950 |
Spending Breakdown (Per Capita)
MinneapolisLakeville
| Fire Protection | $683 | $274 |
| Highways & Roads | $221 | $0 |
| Public Welfare | $1,500 | $777 |
| Parks & Recreation | $3,486 | $688 |
| Housing | $4,133 | $2,141 |
| Sewerage | $570 | $0 |
| Utilities | $2,398 | $1,292 |
| Other | $8,919 | $4,319 |
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health
C
Lakeville, MN
Fiscal Health Score: 58/100
Average fiscal health