City Budget

The first step in creating a budget and ensuring a thriving community starts with a vision and is achieved through balanced and responsible budgeting. The second step is to understand the financial needs for not only today but looking ahead to achieve City goals. The annual budget and capital program balances maintaining services while building new critical investments that shape our City.

The annual City budget outlines projected City revenue, as well as planned expenses.

Creating our annual budget starts by estimating the revenue we’ll generate from taxes, fees, grants, and other sources. Next, we anticipate financial needs to achieve city goals, meet infrastructure needs, and enhance our community. Finally, city officials (the Mayor, City Council, Finance, and department leaders) collaborate to develop and approve the budget.

We budget for people, essential services, major projects, and equipment.

Our budget defines priorities for various city departments, programs, and initiatives. These priorities cover a variety of expenses, including:

• Operating: Essential services like firefighters and police officers or snow removal are budgeted through the General Fund.
• Capital: From land for a future fire station to new street sweepers, our five-year capital plan cares for existing assets and plans for new ones.

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We maintain public access to budgets for the past 5 years.

Approved budgets are official City records. Any reports older than 5 years are archived and available by request. Anyone can request a historical report from the Finance Department.

Past Budget Documents

• 2023 City of Sioux Falls Budget
• 2022 City of Sioux Falls Budget  
• 2021 City of Sioux Falls Budget  
• 2020 City of Sioux Falls Budget  
• 2019 City of Sioux Falls Budget
• 2018 City of Sioux Falls Budget