The City of Plymouth prepares an annual Financial Overview presentation to illustrate the city and broader community’s overall economic health, as well as promote financial transparency. The overview uses charts and graphs to highlight key financial and economic indicators, and data that shows how Plymouth compares to comparable area communities.

Financial Overview Archive

• 2024 Financial Overview (PDF)
• 2023 Financial Overview (PDF)
• 2022 Financial Overview (PDF)
• 2021 Financial Overview (PDF)
• 2020 Financial Overview (PDF)
• 2019 Financial Overview (PDF)
• 2018 Financial Overview (PDF)
• 2017 Financial Overview (PDF)
• 2016 Financial Overview (PDF)
• 2015 Financial Overview (PDF)
• 2014 Financial Overview (PDF)

The City of Plymouth prepares a biennial budget. The two-year budget strengthens forecasts and streamlines the budget development process. Because Minnesota law requires cities to adopt a budget annually, the City Council adopts the first year of the budget and approves the second-year budget in concept. This cycle assists in long-term planning while allowing the City Council to adjust the second year’s budget for mandates, unanticipated events or significant changes in the economy.

The City Council holds special budget study sessions throughout the year, and approves the final budget in early December. All budget meetings are open to the public. The City Council also holds a public hearing to receive public comment at a regular council meeting in December.

Budget Archive

• 2023 Approved Amended Budget (PDF)
• 2022 - 2023 Biennial Budget (PDF)
• 2021 Approved Amended Budget (PDF)
• 2020 - 2021 Biennial Budget (PDF)
• 2019 Approved Amended Budget (PDF)
• 2018 - 2019 Biennial Budget (PDF)
• 2017 Approved Amended Budget (PDF)
• 2016 - 2017 Biennial Budget (PDF)
• 2015 Approved Amended Budget (PDF)
• 2014 - 2015 Biennial Budget (PDF)
• 2013 Approved Amended Budget (PDF)
• 2012 - 2013 Biennial Budget (PDF)
• 2011 Approved Amended Budget (PDF)
• 2010 - 2011 Biennial Budget (PDF)
• 2009 Approved Amended Budget (PDF)
• 2008 - 2009 Biennial Budget (PDF)

The Capital Improvement Plan is a 10-year projection of the capital replacement costs and additional capital needs. It does not give authority to spend, but assists with the preparation of the biennial budget by detailing upcoming capital expenditures by funding source.

Capital Improvement Plan Archive

• 2023 - 2032 CIP (PDF)
• 2022 - 2031 CIP (PDF)
• 2021 - 2030 CIP (PDF)
• 2020 - 2029 CIP (PDF)
• 2019 - 2023 CIP (PDF)
• 2018 - 2022 CIP (PDF)
• 2017 - 2021 CIP (PDF)
• 2016 - 2020 CIP (PDF)
• 2015 - 2019 CIP (PDF)
• 2014 - 2018 CIP (PDF)
• 2013 - 2017 CIP (PDF)
• 2012 - 2016 CIP (PDF)
• 2011 - 2015 CIP (PDF)

The Annual Comprehensive Financial Report provides the City Council, staff, residents and other interested parties with detailed information on the city’s financial status and practices. Detailed financial information for the city’s Housing and Redevelopment Authority (HRA) is also included in the report.

Archive documents below include:

2023 Annual Comprehensive Financial Report

2023 Annual Comprehensive Financial Report (PDF)

2022 Annual Comprehensive Financial Report

2022 Annual Comprehensive Financial Report (PDF)

2021 Annual Comprehensive Financial Report Documents

2021 Annual Comprehensive Financial Report (PDF)

2021 Management Report (PDF)

2021 Special Purpose Audit Report (PDF)

2021 Corrective Action Plan (PDF)

2020 Annual Comprehensive Financial Report Documents

2020 Annual Comprehensive Financial Report (PDF)

2020 Management Report (PDF)

2020 Special Purpose Audit Report (PDF)

2020 Corrective Action Plans (PDF)

2019 Annual Comprehensive Financial Report Documents

2019 Annual Comprehensive Financial Report (PDF)

2019 Management Report (PDF)

2019 Special Purpose Audit Report (PDF)

2019 Corrective Action Plans (PDF)

2018 Annual Comprehensive Financial Report Documents

2018 Annual Comprehensive Financial Report (PDF)

2018 Management Report (PDF)

2018 Special Purpose Audit Report (PDF)

2018 Corrective Action Plans (PDF)

2017 Annual Comprehensive Financial Report Documents

2017 Annual Comprehensive Financial Report (PDF)

2017 Management Report (PDF)

2017 Special Purpose Audit Report (PDF)

2017 Corrective Action Plan (PDF)

2016 Annual Comprehensive Financial Report Documents

2016 Annual Comprehensive Financial Report (PDF)

2016 Management Report (PDF)

2016 Special Purpose Audit Report (PDF)

2015 Annual Comprehensive Financial Report Documents

2015 Annual Comprehensive Financial Report (PDF)

2015 Management Report (PDF)

2015 Special Purpose Audit Reports (PDF)

2014 Annual Comprehensive Financial Report Documents

2014 Annual Comprehensive Financial Report (PDF)

2014 Management Report (PDF)

2014 Special Purpose Audit Reports (PDF)

2013 Annual Comprehensive Financial Report Documents

2013 Annual Comprehensive Financial Report (PDF)

2013 Management Report (PDF)

2013 Special Purpose Audit Reports (PDF)

2012 Annual Comprehensive Financial Report Documents

2012 Annual Comprehensive Financial Report (PDF)

2012 Management Report (PDF)

2012 Special Purpose Audit Reports (PDF)

2011 Annual Comprehensive Financial Report Documents

2011 Annual Comprehensive Financial Report (PDF)

2011 Management Report (PDF)

2011 Special Purpose Audit Reports (PDF)

2010 Annual Comprehensive Financial Report Documents

2010 Annual Comprehensive Financial Report (PDF) 

2010 Management Report (PDF)

2009 Annual Comprehensive Financial Report Documents

2009 Annual Comprehensive Financial Report (PDF)

2009 Management Report (PDF)

The projection documents listed below assist in long-term planning and provide a more stable accounting of city revenue and expenditures. 

Long-Term Planning and Other Documents Archive

• 2019 Utility Rate Study (PDF)
• 2019 Utility Trunk Fund Study (PDF)
• 2018 Debt Study (PDF)
• 2018 Debt Study Presentation (PDF)

The Financial Extra is an annual supplement inserted into the city newsletter, the Plymouth News, which is mailed to every active address in Plymouth.

The Financial Extra newsletter allows the City of Plymouth to continue cultivating accountability and transparency in local government by sharing financial information with residents. The publication details how tax dollars are spent and how Plymouth compares to similar communities.

As of 2023, the Financial Extra also includes the Popular Annual Financial Report (PAFR), a year-in-review snapshot of General Fund revenues/expenditures.

Note: Due to the COVID-19 pandemic, the Financial Extra was not assembled or mailed in 2020.

Financial Extra Newsletter Archive

• 2024 Financial Extra (PDF)
• 2023 Financial Extra (PDF)
• 2022 Financial Extra (PDF)
• 2021 Financial Extra (PDF)
• 2019 Financial Extra (PDF)
• 2018 Financial Extra (PDF)
• 2017 Financial Extra (PDF)
• 2016 Financial Extra (PDF)
• 2015 Financial Extra (PDF)
• 2014 Financial Extra (PDF)
• 2013 Financial Extra (PDF)
• 2012 Financial Extra (PDF)
• 2011 Financial Extra (PDF)
• 2010 Financial Extra (PDF)