Financial Report 2019 & 2018 AFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA )ss
COUNTY OF CARVER
Clane Erickson being duly sworn on an oath,
ates or affirms that he/she is the Publisher's
Designated Agent of the newspaper(s)known
as:
Laker Pioneer
with the known office of issue being located
in the county of:
CARVER
with additional circulation in the counties of:
HENNEPIN
and has full knowledge of the facts stated
below:
(A)The newspaper has complied with all of
the requirements constituting qualifica-
tion as a qualified newspaper as provided
by Minn.Stat.§331A.02.
(B)This Public Notice was printed and pub-
lished in said newspaper(s) once each
week, for 1 successive week(s); the first
insertion being on 05/16/2020 and the last
insertion being on 05/16/2020.
MORTGAGE FORECLOSURE NOTICES
Pursuant to Minnesota Stat. §580.033
relating to the publication of mortgage
foreclosure notices: The newspaper complies
with the conditions described in §580.033,
411 ubd. 1, clause (1) or(2). If the newspaper's
own office of issue is located in a county
djoining the county where the mortgaged
premises or some part of the mortgaged
premises described in the notice are located,
a substantial portion of the newspaper's
circulation is in the latter county.
By:
Designated Agent
Subscribed and sworn to or affirmed before
me on 05/16/2020 by Diane Erickson.
Notary Public
-.,.DARLENE MARIE MACPHERSON 1.
,F€ NNotary Public
Minnesota
e °' My Commission Exi res January 31,2024
to Information:
owest classified rate paid by commercial users
r comparable space:
$15.00 per column inch
Ad ID 1044505
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(,..CONTINUED)CITY OF SHOREWOOD,MINNESOTA
SUPPLEMENTARY INFORMATION
SUMMARY FINANCIAL REPORT
REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS
GOVERNMENTAL FUNDS
FOR THE YEARS ENDED DECEMBER 31,2019 AND 2018
Percent
Total Increase
2019 2018 (Decrease)
Revenues
Taxes $6,035,929 $5,497,225 9.80 %
Licenses and permits 514,891 565,687 (8.98)
Intergovernmental 270,445 885,140 (69.45)
Charges for services 141,123 216,851 (34.92)
Fines and forfeitures 65,575 67,734 (3.19)
Special assessments 10,822 3,846 181.38
Interest on investments 187,417 87,279 114.73
Miscellaneous 773,601 1,581,105 (51.07)
Total Revenues $7,999,803 $8,904,867 (10.16) %
Per Capita $1,040 $1,158 (10.16) %
Expenditures
Current
General government $1,397,824 $1,362,881 2.56 %
Public safety 1,924,204 1,837,273 4.73
• Public works 1,066,712 1,018,191 4.77
Culture and recreation 366,977 373,164 (1.66)
Capital outlay
General government 31,390 38,986 (19.48)
Public safety 485,586 484,752 0.17
Public works 1,055,311 3,317,201 (68.19)
Culture and recreation 529,426 611,151 (13.37)
Economic development 201,768 92,428 118.30
Debt service
Principal 925,000 900,000 2.78
Interest and service charges 108,305 127,045 (14.75)
Total Expenditures $8,092,503 $10.163.072 (20.37) %
Per Capita $1,052 $1,321 (20.37) %
Total Long-term Indebtedness $4.165,000 $5,090,000 (18.17) %
Per Capita $541 $662 (18.17)
General Fund Balance-December 31 $4,269,389 $4,419,414 (3.39) %
Per Capita $555 $574 (3.39)
The purpose of this report is to provide a summary of financial information concerning the City of Shore-
wood to interested citizens. The complete financial statements may be examined at City Hall,5755 Country
Club Road,Shorewood,Minnesota 55331.Questions about this report should be directed to the City of Shore-
wood at 952-960-7900.
As Approved by the Shorewood City Council
s/s Sandie Thone,City Clerk
Published in the
Laker Pioneer
May 16,2020
1044393,1044505
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