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About Saint Paul Investor Relations

Population of: 311,527
G.O. Bond Ratings: AAA/AAA
Outstanding Bonds (as of June 2024): $616,544,000

About Saint Paul Investor Relations

Welcome to the official investor relations website for the City of Saint Paul, Minnesota. The Office of Financial Services, Treasury Division manages all City financing needs, including investor communications for the City and related entities.

About the City of Saint Paul

Saint Paul was incorporated in 1854 and is the capital city of the the state of Minnesota. The City is the second most populous in the state with more than 300,000 residents. Saint Paul is the county seat of Ramsey County, and together with Minneapolis forms the core of the Twin Cities, the 16th-largest metropolitan area in the nation, with about 3.5 million residents.

To learn more, please visit the City website here.

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News

April 1, 2024

St. Paul’s 1 percent sales tax bump has started. Here’s what’s changing first

The new fund will back major roads projects, starting with Grand Avenue

The city of St. Paul’s new 1 percent sales tax increase began Monday, raising the total county, state and local sales tax to nearly 10 percent — the highest in Minnesota, according to the Department of Revenue.

As residents adjust to a cost bump on nonessentials, they can expect construction signs in the coming months, too, as infrastructure projects backed by the new fund begin.

Here are the first projects St. Paul's new sales tax will pay for

St. Paul's 1% sales tax increase takes effect on April 1, and city leaders have unveiled which projects they'll pay for first — including a rebuild of Grand Avenue, plus dozens more improvements to parks.

St. Paul commits nearly $32 million in first phase of tax subsidies for affordable housing in 'the Heights'

The city of St. Paul has committed nearly $32 million to subsidize affordable housing at the Heights, St. Paul's new mixed-use development transforming the former Hillcrest Golf Course on the city's East Side.

Hundreds of the Heights' planned 1,050 units of housing — from studio apartments to owner-occupied homes — will be made available to lower income families, officials said, thanks to a combination of city tax subsidies and county, state and federal grants and credits. Construction is expected to start this summer.