Shorewood Citizen Advocates

Building positive change through communication, education and advocacy

debt

Mill Street trail construction has started as part of a larger Hennepin County job. Shorewood owns a segment of the trail. As is now common with recent Shorewood projects, the council agreed it made sense to install the pipe.   But, the real question remains: Who pays and when?
  $34.5M Debt!   117% Tax Increase!   Shorewood is headed for a tsunami of debt. Based on city council’s approval of the 2026 Long-Term Financial Management and Capital Improvement Plans the city is continuing an unprecedented spending spree never seen before.
In 4 short years since 2022 Shorewood’s Administrative budget has increase $314,670 or 35.19% to a whopping $1,208,620 in 2025.   The city’s debt has more than tripled in the last 7 years.   Continuing on this spending spree will drive long-term residents and retirees out of the city.
In a little more than 3-1/2 years, the Shorewood City Council and city staff have spent $38.2MM which additionally burdened residents with $23MM in bonding debt.   Another $20.5MM in bonding debt is planned in the upcoming years.   That’s more than $14,000 per household in debt repayments alone.

Contact Us

or

Become a Content Contributor

Information provided on this site will remain the sole property of SCA, and will not be shared on any other platform or with other people.  It will be used strictly for SCA communication with the submitting individual.

Enter your information to receive new SCA content in your email inbox

You will receive a confirmation email after submission