Finance Articles
Shorewood’s $1.1M Money Pit
After 12 years and $323,000 in taxpayer funded engineering expenses, Shorewood’s staff still needs to demonstrate why the Shorewood Ravine project is necessary, how urgently it must be done, and whether the proposed solution justifies the cost.
Is this a genuine problem demanding a solution?
City Hoards Taxpayer Money
Shorewood has a money problem. They have too much!
At what point does prudent saving become hoarding at your expense?
“Shorewood’s Reserve Policy”Put Through the AI Test
We asked ChatGPT to review Shorewood’s Reserve Policy. In its simplest term, reserves are a savings account that the city holds in case of emergency.
Shorewood City Council has adopted a Reserve Policy of 35% – 50% of next year’s expenses.
Shorewood’s Long-Term Financial Plan:What Will It Cost Taxpayers?
Shorewood’s 10-year financial plan provides a detailed look at where City finances are headed.
The numbers raise an important question for residents: “Are we planning to spend what we need—or simply planning to find the money to pay for what we want?”
12% City Tax Increase?
Are you prepared to take another tax increase?
After a 29.4% tax and services increase over the last 4 years, city finance director Jeanne Schmuck presented city council with a proposed 12% tax increase for 2027.
Utility Bills Soar in Shorewood
Have you looked at your utility bill this past quarter?
Residents are stunned to find it’s costing more than $100 more per quarter or $400 more per year – never mind the city’s 9% property tax increase!
