Hubbard County cities keep pace with statewide growth trend
Per capita, small cities lagged behind large in the state auditor's report on 2019 Minnesota city finances.
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Enterprise staff |
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State Auditor Julie Blaha’s office reported that Minnesota cities’ revenues increased by 6.7 percent and expenses increased 7.2 percent in 2019.
The 2019 Minnesota City Finances Report, released at the end of February, summarizes current and long-term trends based on city reporting forms, financial statements and audits.
“While the strain on city finances caused by the COVID-19 pandemic remains ongoing, this report shows robust growth for cities in both revenues and expenditures in the year prior,” Blaha said in a media release.