The Finance Department is responsible for the daily management of all finance and related activities, including but not limited to:

*Accounts Payable       *Accounts Receivable      *Budget        

*Debt Management      *Financial Reporting        *Investments   

*Payroll                         *Capital Improvements    *Audit

Assessment Searches:

To request a search for assessments, please contact City Hall at 952-448-5353.

Residents can learn more about the annual Budget process here.


An audit of the City's finances is completed every year by the auditing firm, Abdo, to assess the City's overall financial health that includes a review of the City's debt load, revenue, and expenditures. A final determination is then completed along with recommendations on how to improve the City's finances. 

Links to the most recent Audited Financial Statements are below:

2022 Audited Financial Statements  and  2022 Audit Presentation      

2021 Audited Financial Statements

2020 Audited Financial Statements

2019 Audited Financial Statements

2018 Audited Financial Statements

  1. LRT

    Lynn Tschudi

    Finance Director

  2. Cathy Elke

    City Accountant