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Finance
Responsibilities
The Finance Department provides accounting and control services for all financial activities of the City, the Housing and Redevelopment Authority (HRA), the South Metro Public Safety Training Facility, and other auxiliary organizations.
City Budget
Edina budgets on a two-year cycle. The Budget in Brief is a few pages excerpted from the overall budget that provides an easy-to-understand summary of Edina's revenue and spending.
The following detailed budget documents are about 200 pages and include summaries, charts and explanations of the city's goals, budget process and spending.
Capital Improvement Plans (CIP)
These five-year plans detail infrastructure projects or purchases and funding sources including for roads and bridges, trails and sidewalks, water and sewer, vehicle equipment and replacement, technology upgrades and building projects.
- 2023-2028 Capital Improvement Plan
- 2021-2026 Capital Improvement Plan (PDF)
- 2019-2023 Capital Improvement Plan (PDF)
- 2017-2021 Capital Improvement Plan (PDF)
- 2015-2019 Capital Improvement Plan (PDF)
Note these documents vary in size from 176 pages to almost 400 pages.
Annual Comprehensive Financial Reports
These reports, previously called the Comprehensive Annual Financial Report, contain financial statements required each year under state law. The financial statements are independently audited.
- 2022 Annual Comprehensive Financial Report (PDF)
- 2021 Annual Comprehensive Financial Report
- 2020 Comprehensive Annual Financial Report
- 2019 Comprehensive Annual Financial Report (PDF)
- 2018 Comprehensive Annual Financial Report (PDF)
- 2017 Comprehensive Annual Financial Report (PDF)
Note these files average around 140 pages.
Popular Annual Financial Reports
These reports convey financial information in ways that most people can easily understand. Edina produces this Popular Annual Financial Report each year as part of an issue of Edition: Edina. Translated versions in Somali and Spanish began with the 2020 PAFR.
Quarterly Financial Reports
These shorter reports provide updates on revenue, spending, investments and debt.
Bond Rating
Aaa: Moody's Investor Service (highest rating)
AAA: Standard and Poor (highest rating)
These excellent bond ratings ensure that future Edina debt will be issued with the lowest possible interest expense and cost to the taxpayer.
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Alisha McAndrews
Director of Finance
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Finance Department
Physical Address
4801 W. 50th St.
Edina, MN 55424
Phone 952-826-0366
Utility Billing
- Learn more about Utility Billing
Awards Received
- Certificate of Achievement for Excellence in Financial Reporting
- Outstanding Achievement in Popular Annual Financial Reporting
- Distinguished Budget Presentation Award
The awards are from the Government Finance Officers Association of the United States and Canada.