The City Budget represents the revenues and expenditures necessary to provide the services and programs desired by the community of Hopkins. It is intended to reflect the goals, objectives, and priorities established by the City Council with input from the residents and taxpayers.
The 2010 budget document can also be viewed as a whole in the City's online archive directory (316 pages—not recommended for slow internet connections).
At its December 15 meeting, the City Council set the 2010 budget at $10,073,003, a .02% decrease from 2009. The 2010 tax levy was set at $9,925,685, a 3.9% increase over 2009.
The budget includes wage freezes, staff vacancies, cuts in capital items and other expenditures in order to balance the budget. Even though expenditures are down from 2009, revenues are down even more due to unallotment of about $300,000 in state aids, loss of revenue in building permits, and lower interest earnings.
Download the 2010 Budget and Levy presentation.