How Faribault is run

Who runs Faribault, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Faribault's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Faribault

A city manager hired by the council runs the city day to day. The council sets policy, adopts the budget and sets the tax rate.

City of Faribault · Jun 9, 2026

What they are paid

City Administrator Jessica Kinser: base pay$172,1622024-04-01. Starting salary in the 2024 agreement. It was set to rise to Step 9 after six months and Step 10 after one year, plus cost-of-living raises. We found no document stating the current amount. City of Faribault · Feb 28, 2024
In the contract
  • Severance of six months of salary and benefits if dismissed without cause
  • $450 a month vehicle allowance
  • 20 days of vacation a year
  • $5,000 relocation payment for moving to Faribault in the first year
A council member$9,800 a year2024-01-01. Set by city code, effective January 1, 2024. Faribault Code of Ordinances, Sec. 2-7, Salary of mayor and council members (Municode) · Sep 22, 2026
The mayor$13,500 a year2024-01-01. Set by city code, effective January 1, 2024. Faribault Code of Ordinances, Sec. 2-7, Salary of mayor and council members (Municode) · Sep 22, 2026

Faribault city staff

161 full-time-equivalent positions. 2025-12-31. Full-time equivalent employees on December 31, 2025, from the ACFR statistical section. City of Faribault · Jun 9, 2026

We found no list of individual employee pay or a posted wage schedule. We name pay only for elected officials and the city manager.

Is Faribault in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, FY2026$24.4MOut of $71.1M across all city funds, which includes utilities and other money that can only be spent on one thing. City of Faribault · Dec 9, 2025
Savings grew, FY2025 (audited)+$73,082General fund revenue $23.4M, spending $22.5M. General fund revenue exceeded spending by $846,774 in 2025. After $798,292 in transfers out, the fund balance rose by $73,082. City of Faribault · Jun 9, 2026

Savings against the city's own target

Unassigned general fund balance: $10.8M (2025-12-31). The city's own target: Keep unassigned general fund balance between 35 and 50 percent of the next year's budgeted spending. At the end of 2025 it equaled about 45 percent of the 2026 general fund budget. City of Faribault · Jun 9, 2026

Pension promises not yet funded$6.6MThe city's share of net pension liability in two statewide PERA plans, measured June 30, 2025: $2.80M for the general employees plan and $3.77M for the police and fire plan. (2025-06-30). City of Faribault · Jun 9, 2026
Debt owed$24.3M2025-12-31. City of Faribault · Jun 9, 2026
Credit ratingAA (S&P)2025. City of Faribault · Jun 9, 2026

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for FY2026.

Comes from

  • Taxes$12.8M · 52%
  • Intergovernmental (state aid)$8.5M · 35%
  • Charges for services$1.7M · 7%
  • Permits and licenses$744,410 · 3%
  • Miscellaneous$304,173 · 1%
  • Other$377,700 · 2%

City of Faribault · Apr 22, 2026

Who provides your services

Not everything in Faribault is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

OtsegoMNFaribaultMNFarmingtonMNWinonaMN
Residents24,52525,04025,42526,530
Top administrator's base pay$194,480$172,162$204,208$183,750
Council member payNot confirmed$9,800Not confirmed$7,705
General fund per resident$449$976$741$937
Debt per resident$2,859$971$496$324
Unfunded pension per resident$53$262$190$307
City staff per 1,000 residents1.86.44.16.6

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how). Otsego pays another agency for police or fire, so its own staff count is lower.

What Faribault publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

Questions to ask your council

  1. Unassigned general fund reserves were $10,809,648 at December 31, 2025, about 45 percent of the 2026 budget, inside the 35 to 50 percent policy range. What is the plan for the amount above the 35 percent floor?
  2. Taxes are $12,778,282 of the $24,428,099 general fund budget for 2026. How much of the increase over 2025 pays for wages and insurance?
  3. The city reports $6,565,273 in net pension liability and $24,313,857 in bonded debt. How will debt payments change after 2027?

See who is running for council

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