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Learn about Saint Paul Investor Relations, including Climate Action, Featured News, Infrastructure Projects, and The Team.
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.
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.
Learn about our environmental, social, and governance program, and how we bring those values to life with green bonds, sustainable projects, and more.View Program Details
_* Saint Paul joins Los Angeles, California, and Vancouver, British Columbia in purchase of the Rosenbauer RTX electric fire truck _
Saint Paul, MN – Today, Mayor Carter and Fire Chief Inks announced that the Saint Paul Fire Department is embracing green energy to fight fires, becoming the first fire service in Minnesota to purchase an electric fire truck.
"We’re excited to be the first in the state to invest in this state-of-the-art fire truck,” said Mayor Carter. “It brings us all the critical green energy benefits of an electric vehicle, while meeting the high safety and efficiency standards we have for all our fire equipment.”
In 2020, Saint Paul Fire received demonstrations of the RTX from Austrian-based designer and manufacturer Rosenbauer, and again in January of 2023. Members of the department’s training division, apparatus selection committee, and vehicle maintenance personnel were impressed with the maneuverability, safety features, and functionality during these demonstrations.
“I was blown away by its overall performance and how quiet the rig is,” said Fire Chief Butch Inks. “Communication on fire scenes is important and can be extremely difficult, especially when six or seven loud diesel engines are operating in high idle.”
The investment in the RTX is in alignment with the City of Saint Paul Climate Action & Resilience Plan, which focuses on achieving carbon neutrality in city operations by 2030 and citywide by 2050. This work includes strategies to lessen the impacts of climate change through policy and regulatory actions the city can take to dramatically reduce greenhouse gas emissions, adapt to the changing climate, and improve quality of life in the city. In addition to furthering climate goals, this investment helps reduce diesel emissions and supports firefighters’ overall health and wellbeing.
“We take pride in our ability to identify and capitalize on opportunities to reduce greenhouse gas emissions, improve air quality, and improve city services at the same time,” said Chief Resilience Officer Russ Stark. “Because emissions from larger vehicles are some of the hardest to tackle, this is a big milestone toward realizing our climate goals.”
Rosenbauer has started the build process on an RTX electric fire truck for Saint Paul, with delivery expected by 2025. Final assembly of the city’s and state’s first electric fire truck will be completed at Rosenbauer’s facility in Wyoming, Minnesota, with delivery expected to coincide with completion of a new Fire Station 7 on the city’s East Side.
"The Rosenbauer RTX is the fire truck of the future," said Todd McBride, RTX Sales and Marketing Manager of Rosenbauer America. "With over 10 years of research and development, the RTX is built from the ground up using the most advanced materials and technologies. The RTX is the safest fire truck available - for firefighters, for communities and for the environment."
The City of Saint Paul is submitting federal earmark funding requests to support the purchase of the state’s first electric fire engine.
_*This release has been updated following the incorrect identification of Madison, Wisconsin as having an RXT model electric fire truck. _
SAINT PAUL, MN – Today, the City of Saint Paul announced it has received reaffirmed AAA credit ratings from S&P Global and Fitch Ratings agencies, including stable outlooks as part of a city bond sale process.
Adoption of the Pension Reform Bill.