2024 City Budget Process 
2024 budget timeline
The City has been working on its preliminary 2024 operating budget and property tax levy since June
A City Council budget work session occurred on August 14, and a second budget work session is scheduled for Monday September 11. It is anticipated that the City Council will adopt the 2024 preliminary budget and property tax levy at its September 25 meeting.  Following adoption of the preliminary budget and property tax levy in September, the City will certify the 2024 preliminary property tax levy to Hennepin County by September 30. 

Property owners will receive truth-in-taxation notices in November from the County, showing proposed 2024 property taxes. The City Council will hold a truth-in-taxation public meeting on the proposed 2024 budget and property tax levy, tentatively scheduled as part of its regularly scheduled City Council meeting on Monday, December 11.

The Council may adopt its final payable 2024 property tax levy and 2024 budget at the December 11 meeting and will certify the 2024 final property tax levy to Hennepin County on or before December 28. 

View August 14 City Council Work Session Packet

About the Finance Department
The finance department is responsible for maintaining the functions of payroll, accounts payable, utility billing, purchasing, investing city funds, and managing other city assets as requested by the City Council. The finance department also produces the following documents with the assistance of other city departments.

The finance department's goal is to present accurate, timely, and complete financial information in an understandable and friendly manner to the residents and staff members of the city; and to protect and manage the assets of the city as directed by the city council.

Fee Schedule
The city establishes fees that are charged for various permits and services.   Each year the city reviews the costs and fees associated with the providing services.  Annually the city updates its Master Fee Schedule with these updates.  The most recent version is available below.  

2023 Master Fee Schedule

Utility Billing Information:

The City of Shorewood bills each property that is connected to the municipal system on a quarterly basis, the beginning of January, April, July and October. Bills are due at the end of the billing month. Bills include fees for municipal water, sewage, recycling and stormwater management. See Billing for utility pricing information and payment options.

Finance Department Contacts:
Finance Director, Joe Rigdon, 952.960.7903
Senior Accountant, Michelle Nguyen, 952.960.7904

GFOA Award of Excellence
The City of Shorewood is proud to have received the Certificate of Achievement for Excellence in Financial Reporting.

This award is from the Government Finance Officers Association (GFOA) of the United States and Canada and is given for its comprehensive annual financial report (CAFR). This award is the highest form of recognition in the area of governmental accounting and financial reporting.