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Budget and Annual Financial Report
Annual Budget
The annual budget is the City's plan for providing services to its citizens and consists of the following sections: 
  • City Manger's Budget Summary
  • General and Property Tax Information
  • Fund Information
    • General Fund
    • Special Revenue Fund
    • Debt Service Fund 
    • Capital Improvement Funds
    • Enterprise Funds  
  • Capital Improvement Plan

2018 Calendar of Important Dates (Finance - Related).

2019 Budget

2019 Budget Goals

2019 Truth-in-Taxation and Budget Presentation

2018 Budget 
Goals were adopted at the June 19th Council Meeting and were published in the Sun newspaper on June 29th. You can also see a cop of them by clicking on the link below.

2018 Budget Goals

Staff presented the proposed budget and levy at the December 4th Council Meeting. A copy of the presentation can be viewed by clicking the link below. The Council also asked for public feedback on the budget and levy at the December 4th Council Meeting.

2018 Budget Presentation 12/4/17

The City Council set the final levy at 3% and approved the final 2018 budget at the December 18th Council Meeting.

Adopted 2018 Budget (adopted 12/18/17)

2017 Budget 

2017 Budget Goals 

2017 Budget Presentation 12/5/16

The City Council set the final levy at 2% and approved the final 2017 budget at the December 19th Council Meeting.

Adopted 2017 Budget (adopted 12/19/16)

Annual Financial Report
Each year the City is audited by an independent audit firm to ensure fiscal soundness and compliance with regulations set forth by the State of Minnesota and other agencies. The City's auditors issued an unqualified opinion regarding the City's 2017 financial statements which means the financial statements present fairly, in all material respects, the financial position of the City and each of its funds. Click on the link below to view the complete 2017 annual financial report.

2017 Annual Financial Report

2016 Annual Financial Report

2015 Annual Financial Report

2014 Annual Financial Report

2013 Annual Financial Report

For more information on the budget or annual financial report, contact the City's Finance Officer, Kelly Horn at (952) 653-3677 or email

339 Third Street
Excelsior, MN 55331
Phone: (952) 474-5233
7:30 a.m. - 5:30 p.m. Monday - Thursday
Closed on Fridays