New city hall address

The new city hall building is now open at 485 Gorman St. Please update your records to include our new mailing address. If you have questions, call us 952-233-9300.

Comprehensive Annual Financial Report

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CAFR 2016 CoverThe city conducts an annual audit every spring of its past year’s financial condition, which is outlined in the Comprehensive Annual Financial Report (CAFR).

2016 Comprehensive Annual Financial Report: An in-depth report of the city’s financial condition as of Dec. 31, 2016.

This report provides both the summary and detailed overview of the city’s financial audit and the annual financial report that is created after each year’s audit process. Auditors present an overview of the audit process, audit results and trend information each year at a City Council meeting, typically in May or June.

Also Available:

2015 CAFR
2014 CAFR 
2013 CAFR [PDF]
2012 CAFR [PDF]

2011 CAFR [PDF]