Budget and Annual Financial Report
The annual budget is the City’s plan for providing services to its citizens and consists of the following sections:
- City Manger’s Budget Summary
- General and Property Tax Information
- Fund Information
- General Fund
- Special Revenue Fund
- Debt Service Fund
- Capital Improvement Funds
- Enterprise Funds
- Capital Improvement Plan
Annual Financial Report
Each year the City is audited by an independent audit firm to ensure fiscal soundness and compliance with regulations set forth by the State of Minnesota and other agencies. The City’s auditors issued an unqualified opinion regarding the City’s 2018 financial statements which means the financial statements present fairly, in all material respects, the financial position of the City and each of its funds. Click on the link below to view the complete 2018 annual financial report.
For more information on the budget or annual financial report, contact the City’s Finance Officer, Jenny Palmer at (952) 653-3677 or email Jenny Palmer.