City government · Hennepin County, MN

Shorewood's money: where it comes from and where it goes

In the latest recorded fiscal year (ended December 31, 2021), Shorewood took in $11.7 million and spent $13.8 million.

Latest recorded year: ended December 31, 2021Comes fromGoes to

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Where it comes from

City taxes61%Fees for services (sewer, water)24%Fines and other12%State tax money3.7%County and local tax money<0.1%

What stands out

56%

of Shorewood's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes61%

Property tax
56%$6.5 million
Other taxes
4.8%$557 thousand
What's in other taxesOther licenses; occupation and business licenses and 1 more
  • Other licenses$548 thousand
  • Occupation and business licenses$5 thousand
  • Alcoholic beverage licenses$4 thousand

Amounts are by Census tax category.

Fees for services24%

Fees for services
24%$2.8 million
What's in fees for servicesSewer; water and 3 more
  • Sewer$1.6 million
  • Water$766 thousand
  • Garbage collection$191 thousand
  • Parks and recreation$173 thousand
  • Other service charges$22 thousand

Amounts are by Census type of charge.

State tax money3.7%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
3.7%$429 thousand

County and local tax money<0.1%

Money passed on by the county or other local governments.

From the county and other local governments
<0.1%$6 thousand

Fines and other12%

Interest, rents and other
11%$1.3 million
Fines
0.5%$57 thousand

Where it goes

Roads, transit and parking39%Water, sewer, trash and utilities23%Police, fire, courts and jails18%Running the government and other costs11%Parks, recreation and libraries5.4%All other spending3.3%

What stands out

39%

of Shorewood's spending goes to roads, transit and parking.A typical U.S. city, town or village of under 10,000 people spends 10%.

Spending by category100%

Roads, transit and parking
39%$5.4 million
What's in roads, transit and parkingRoads and highways
  • Roads and highways$5.4 million
Water, sewer, trash and utilities
23%$3.2 million
What's in water, sewer, trash and utilitiesSewer systems; water supply and 1 more
  • Sewer systems$1.7 million
  • Water supply$1.3 million
  • Garbage and solid waste$209 thousand
Police, fire, courts and jails
18%$2.5 million
What's in police, fire, courts and jailsPolice; fire protection and 2 more
  • Police$1.6 million
  • Fire protection$707 thousand
  • Inspections and regulation$156 thousand
  • Courts and legal services$83 thousand
Running the government and other costs
11%$1.6 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology); finance, tax collection and budgeting and 2 more
  • Central staff services (personnel, purchasing, technology)$1.1 million
  • Finance, tax collection and budgeting$255 thousand
  • Government buildings$219 thousand
  • Other and not broken out$7 thousand
Parks, recreation and libraries
5.4%$745 thousand
What's in parks, recreation and librariesParks and recreation
  • Parks and recreation$745 thousand
Housing and community development
1.8%$246 thousand
Interest on debt
1.6%$215 thousand
What's in interest on debtInterest on general debt and interest on water supply debt
  • Interest on general debt$195 thousand
  • Interest on water supply debt$20 thousand
Sources and moreWhere these numbers come from and what they cover

City of Shorewood. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended December 31, 2021. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Shorewood itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.