Board of Commissioners approves 2022 budget
(ABC 6 News) – The Olmsted County Board of Commissioners approved the county’s 2022 budget during a meeting Tuesday morning.
The 2022 budget for Olmsted County and the Housing and Redevelopment Authority (HRA) combined totals $281,915,654. Of this total, $116,757,218 is funded with county and HRA property taxes of $112,822,877 and $3,934,341 respectively. The remaining $165,158,436 of our budget comes from intergovernmental revenues, charges for services, transportation taxes, bond proceeds, reserves, interest income, and other miscellaneous sources.
The county’s $112,822,877 property tax is a 4.9% increase over 2021.
“During the COVID-19 pandemic, we did not raise property taxes in 2021 and our county put many projects on hold. The 2022 budget does include some necessary increases to ensure continuity of programs and services and important advancements in our work. We remain committed to using these resources wisely to achieve our county’s mission to provide the foundation of a vibrant community,” said Olmsted County Administrator Heidi Welsch.
For further details regarding Olmsted County’s 2022 budget, view the resources available on the county’s budget webpage.