Budget & Tax Levy
2019 Tax Levy
The Savage City Council adopted the General Fund Budget and Property Tax Levy in December 2017.
- Total levy for 2020 - $18,687,907
- General Fund Levy - Supports public Safety, Public Works, Community Development, Parks and Recreation and General Government: $14 million
- Debt Service Levy - Supports long-term debt payments: $4.37 million
- Referendum Levy - $340,000
- Increase from 2019: $641,208 (3.55% increase)
2020 General Fund Budget
The General Fund is the general operating fund of the City and includes the activities of Police and Fire; general administration, including the Mayor and Council, the City administrators department, the City Attorney, Finance, Public Works, Community Development and Parks and Recreation.
Capital Improvement Plan
The 2020-2029 Capital Improvement Plan represents the City's proposed capital equipment and improvements for the next 10 years. The CIP is one of the City's primary planning documents and is developed to identify our community's capital needs. This document is also an important public policy statement and informs the general public of anticipated projects within their community.
Annual Financial Report
The Government Financial Officers Association (GFOA) encourages state and local governments to prepare and issue a Comprehensive Annual Financial Report (CAFR) of the highest quality. The City of Savage has consistently received recognition from GFOA for its annual financial report. The most recent reports may be downloaded via the link below. Copies also are available at Savage City Hall or the Savage Library.
- 2019 Financial Report
- 2018 Financial Report
- 2017 Financial Report
- 2016 Financial Report
- 2015 Financial Report