District Finance Updates

  • Last updated October 10, 2022

    Below are the excerpts from recent school board presentations and other publicly shared resources related to current district finances. This information is updated periodically, generally after board work sessions and meetings. School board meetings and minutes include finance consent items such as any approved lease agreements, staff contract approval, bills and authorization to pay same and wires are included in such agendas. Click here for a quick link to school board agendas and minutes.

Exploring School Finances Community Forum Presentation

If you are having trouble viewing the document, you may download the document.

Latest District Finance Updates - File Library

  • For additional information on district finances, including annual budget reports and publications, Comprehensive Financial Advisory Reports and/or the Citizens Advisory Committee, please click here. 

    If you have questions about any of information, please contact the District Office - Superintendent's Office or the District Director of Finance, Bill Menozzi. 

Understanding School Finances

Finance
Certificate of Excellence

  • Issued October 19, 2022

    Shakopee Public Schools Awarded for Outstanding Financial Reporting

    District Awarded ASBO International’s Certificate of Excellence in Financial Reporting Award for FY2021 

    The Association of School Business Officials International (ASBO) recently awarded Shakopee Public Schools the Certificate of Excellence in Financial Reporting (COE) for the fiscal year ended 2021 (June 30, 2021 - FY2021), a designation that the district was also proud to receive for  FY2020. ASBO International’s COE is a significant achievement and reflects a commitment to transparency and high-quality financial reporting. Click here for the full press release.

  • Issued December 16, 2021

    Taxpayer Burden Less than Expected, Shakopee Public Schools Board Approves Final Tax Levy for 2022

    During the December 13, 2021 Truth in Taxation Hearing and School Board Meeting held at Shakopee High School, the district shared that the actual tax impact payable in 2022 will be less than expected. The actual amount of taxes to be paid in 2022 is less than the amounts shared prior to the successful November 2021 operating levy. Read the full press release here.

  • Issued October 12, 2021

    Shakopee Public Schools Provides Additional Taxpayer Savings Through Recent Bond Refunding

    During the September 13, 2021 board work session, Shakopee Public Schools Board approved the refunding of a bond that will save taxpayers an additional $1.27 million dollars on taxes payable 2023 through 2035. This is the third bond refunding completed this year. The savings to taxpayers when this current bond refunding is added to the two previous bonds brings the total to $8.06 million over the remaining life of the three bonds. Click here to read the full release.

  • Issued August 3, 2021

    Shakopee Public Schools Awarded for Outstanding Financial Reporting

    The Association of School Business Officials International (ASBO) recently awarded Shakopee Public Schools the Certificate of Excellence in Financial Reporting (COE). ASBO International’s COE recognizes districts that have met the program’s high standards for financial reporting and transparency. Click here to read the full article.