Finance

Helpful Information for Financial Wellness During Emergencies

Financial Wellness

The Final Levy and Budget Information will be approved at the December 14 2022 Council meeting at 6:00 pm

2023 Preliminary Levy and Budget Presentation

The Public Input Hearing for the 2023 General Fund Budget and Tax Levy was on November 28, 2022 at 6:00 pm.

2023 Preliminary General Fund Budget and Tax Levy Power Point with Notes


As indicated by the chart the City’s Market Value in 2023 has increased steadily since 2015.  Since 2015 it has increased 123%.

market value 2015-2023

For only $3.52 a day, less the cost of a Caribou coffee, services are provided to those in the City of Big Lake

COST PER DAY TO PROVIDE CITY SERVICES 

The Finance Department is responsible for overseeing all accounting functions for the City of Big Lake. In addition it handles:

  • Audit
  • Budget preparation
  • Capital Improvement Plan
  • Debt Service Plan
  • Fee Schedule
  • Insurance
  • Investment
  • Long Term Planning
  • Property tax
  • Special assessments
  • Special project management
  • Technology
  • TIF
  • Accounts Payable/Accounts Receivable
  • Payroll
  • Employee Benefits

Additional Information

If you have any questions or would like more information regarding a specific area covered by the Finance Department, please contact City Hall at 763-251-2974.