Finance

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Shoreview is financially sound with a strong
and growing tax base of high-quality residential
and commercial development.
FINANCE DEPARTMENT
CONTACT INFORMATION
 
651.490.4620

Fred Espe, Finance Director
Phone: 651.490.4622 | E-mail Fred

Deborah Maloney, Assistant Finance Director
Phone: 651.490.4621 | E-mail Deborah

Tim Cooney, IS Manager
Phone: 651.490.4631| E-mail Tim

Debra Engblom, Management Assistant
Phone: 651-490-4620 | E-mail Debra

Terese Roesler, Utilities Clerk
Phone: 651-490-4630 | E-mail Terese

The Finance Department prepares and publishes the following reports and resources. We hope this information helps to explain how the City puts your tax dollars to work in our community.

Budget

City budgets are prepared and adopted on biennial basis during even-numbered years.

Financial Report

A general overview of the City's finances.

Comprehensive Infrastructure Plan

The City has received national recognition for this planning tool. It identifies current and future resources needed to maintain quality facilities for our citizens. It does not authorize any of the projects included in the plan. 

Long-term financial planning efforts are important steps in protecting the financial flexibility and health of the City. 

Utility Rates

An overview of Shoreview’s utility systems and utility rates describing what it takes to run the City’s utility operations.

Community Benchmarks

Shoreview ranks 5th lowest in property taxes and is about 21% below the average City tax bill of $1,068. View a complete comparison of 28 other metro-area cities, using population to select 14 cities larger and 14 cities smaller.

These reports and resources can be viewed on our website, at the Shoreview City Hall front desk, or at the Shoreview Library, 4560 Victoria Street North.

Property Tax Information

Property taxes are paid to Ramsey County and redistributed to the City, and other government jurisdictions, such as school districts and the county. The Ramsey County Assessor’s Office is responsible for establishing the market value and determining classification (use) of property located within the city.  Process to Appeal Estimated Market Value

The Minnesota Center of Fiscal Excellence (MCFE) provides an educational guide, "Understanding Your Property Tax Changes.

Homestead Credit Refund information can be found at the Minnesota Department of Revenue.

Outside Recognition

Independent bond-rating agency Standard and Poor’s affirmed their high bond rating for the City. We are one of 20 communities in Minnesota with a stable outlook and an AAA rating. The bond rating helps to ensure Shoreview debt will be issued with the lowest possible interest rate and cost to our taxpayers.

The City has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association (GFOA). This award is the highest form of recognition in the area of governmental accounting and financial reporting.

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