At its March 24 Work Session (PDF, see page 14), City Council discussed the draft 2026 budget calendar (see below). As in years past, several budget work sessions will be held over several months, during which council and staff will review the various City funds, discuss the proposed property tax levy and tax rate, review tax impacts on properties, update the 10-year Capital Improvement Plan (CIP), update the Fee Schedule, etc.
Although there are numerous decisions to be made through the development of the 2026 budget, the two key scheduled actions are the approval of the preliminary budget and levy in September, and the adoption of the final 2026 budget and property tax levy in December. Along with these, council and staff will also be finalizing the 2026-2035 CIP, 2026 Fee Schedule, and other budget related actions.
Direction for each budget comes from City Council discussions with staff which are informed by past results and input from residents in various ways, such as online engagement and direct communication with the City. While the City Council takes final action on the budget each December, developing the budget is a year-round process.
The public is invited to attend all City Council meetings where the budget is discussed, contact council members or city staff, and participate in project planning, such as the 2025 Parks Master Plan update or the Highway 7 Corridor Study.
2026 budget updates will be provided in ShoreReports and available to view on the City’s website at shorewoodmn.gov/citybudget.
Sign up to receive email updates
2026 Budget Calendar*
*this calendar is subject to change
| Date | Event |
|---|
Monday, June 9, 2025
5:30 p.m. | City Council Budget Work Session #1: Goal Setting Session-Schedule, Process, City Council provide direction on initiatives and expectations for the 2026 city budget. |
Monday, June 23, 2025
5:30 p.m. | City Council Budget Work Session #2: Presentation of the Long-Term Financial Management Plan. |
Monday, July 28, 2025
5:30 p.m. | City Council Budget Work Session #3: Personnel, Fee Schedule, and Franchise Fees. |
Monday, August 11, 2025
5:30 p.m. | City Council Budget Work Session #4: General Fund, Levies, and Tax Impact. |
| Monday, August 25, 2025 | City Council Budget Work Session #5: Special Revenue and Enterprise Funds. |
Monday, September 8, 2025
7:00 p.m. | City Council Meeting: City Council approves preliminary 2026 Budget, sets proposed 2026 Tax Levy, and establishes Budget Hearing Date. Adopt 2026 fee ordinance and fee schedule. |
Monday, September 22, 2025
5:30 p.m. | City Council Budget Work Session #6: 2026-2035 Capital Improvement Plan and Debt Service Funds |
| Tuesday, September 30, 2025 | Last day to certify proposed 2026 levy and budget hearing date to the County Auditor. Special for to State, if necessary. |
Monday, October 13, 2025
5:30 p.m. | City Council Budget Work Session #X: If necessary |
Monday, October 27, 2025
5:30 p.m.
| City Council Budget Work Session #X: If necessary
|
Monday, November 10, 2025
5:30 p.m. | City Council Budget Work Session #X: If necessary
|
Monday, November 24, 2025
5:30 p.m. | City Council Budget Session #7: Final Review - All Funds, Levies, Fees. |
Monday, December 8, 2025
7:00 p.m. | City Council Meeting: Budget Hearing-City Council approves final 2026 Budget, Tax Levies, and CIP. |
Friday, December 26, 2025
| Cities must certify the final property tax levy to the county auditor on or before December 28, 2025 (5 working days after December 20). |