Finance

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The Finance Department is responsible for providing a variety of services to support the financial well-being of the City of Shakopee through collaboration with City Council and city departments.  The department's main functions include:

  • Budget: Planning the city’s operating and capital budgets
  • Day-to-day Fiscal Management: Accounts payable and  receivable, cash management, financial reporting
  • Special Assessments
  • Comprehensive Annual Financial Report (CAFR): Audit compliance and preparation
  • Debt Management and Issuance
  • Business Subsidy Assistance: Coordination with Economic Development Authority, Economic Development Advisory Committee and Planning Commission to ensure business subsidy requests and financial assistance are properly modeled and documented
  • Insurance: Management of insurance coverage and determination of policy accuracy through the League of Minnesota Cities Insurance Trust

Lodging Tax Return

Any individual, corporation, partnership, association, estate, receiver, trustee, assignee, syndicate or any other combination of individuals who furnishes for consideration lodging at a hotel, motel, rooming house, tourist court or resort (other than the renting or leasing thereof for a continuous period of 30 days or more) must file a Local Lodging Tax Return Form [PDF].

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