St. Louis Park adopts a FY2027 budget with higher General Fund spending

What happened

The adopted FY2027 budget sets General Fund expenditures at $90.071 million, up $3.595 million or 4.16% from the FY2026 mid-year budget.

Why it matters to families

Personnel costs account for 78.3% of the General Fund expenditure budget, while the adopted budget projects a $630,100 General Fund balance decline and a 9.46% unassigned balance at year end.

The evidence

The district's adopted budget executive summary identifies the FY2027 budget, its expenditure change, the personnel share, and the projected ending balance.

The source