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.

2023 General Fund Budget

2023 budget worksheets were distributed to department heads in mid-June and staff has subsequently been working on putting together the 2023 preliminary budget and property tax levy.

Dates to remember:
September 12 or 26
City Council expected to adopt the preliminary budget and levy

September 30
Deadline to certify the 2023 tax levy to Hennepin County
After certification, the preliminary levy can not be increased but can be decreased. the city will certify the levy to Hennepin County and the information will be used in preparing truth-in-taxation notices sent to property owners in November.

November 2022
Property owners receive the truth-in-taxation notice from Hennepin County

December 12
Truth-in-taxation meeting, City Council Chambers, 7 p.m.

Current budget

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. Updated fees are published as they are approved by the city council.

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.