Fergus Falls, MN
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The City of Fergus Falls is financially sound with a strong tax base of high-quality residential and commercial development. Our Finance Department is responsible for all financial functions of the city, including:
- Accurately performing all accounting and financial activities in compliance with legal standards
- Financial accounting, reporting and audit
- Maintaining appropriate internal controls over city property
- Long-term investing and financing
- Insurance and risk management
- Budgeting and long-range financial planning
- Billing residents for public utilities and special assessments
Financial Report
The audited financial statements are prepared annually and provide a general overview of the city's financial position.
2023 Annual Comprehensive Financial Report 2023 Audit Presentation
2022 Annual Comprehensive Financial Report 2022 Audit Presentation
Budget
The budget is prepared and adopted annually and provides specific guidelines for funding and spending.
2025 Preliminary Budget Presentation
2025 Proposed Budget Document
2024 Budget Presentation
2024 Budget Document
2023 Budget Presentation
2023 Budget Document
2023 Required Supplemental Information
Sales & Use Tax
Beginning October 1, 2023, Fergus Falls will have 0.5% sales and use tax. The Minnesota Department of Revenue will administer this tax. Revenues will fund the projects identified in Ordinance No. 39, Eighth Series adopted July 9, 2023. The 0.5% sales tax applies to retail sales made into Fergus Falls. The use tax applies to taxable items used in Fergus Falls if the local sales tax was not paid. Review the notice from the MN Department of Revenue HERE. This tax was approved by the voters in 2022 to pay for the outdoor aquatics facility and improvements to DeLagoon Park. For updates on those projects, visit the city's PROJECT web page.
See the latest sales tax collection summary.
Capital Improvement Plan
The Capital Improvement Plan identifies the major public improvements needed to serve existing development and support future growth.
2024-2028 Capital Improvement Plan
2023-2027 Capital Improvement Plan
Utilities
Automatic Bank Withdrawl Form
Automatic Bank Withdrawl Fill In Form