Financial Policies

City Financial Policy
The financial policies of the City of Waconia are established by the City Council. These polices are designed to provide guidance and instructions to all staff whether they are directly involved in financial processes, internal control oversight, or any financial transaction. The council sets forth the authorities, responsibilities and accountability requirements of those participating in the operations of Waconia city government at all levels of the organization. The policy includes guidelines for fund balance, revenues, expenditures, debt service, municipal investments, capital assets, and the city’s special assessment policy. City’s Financial Policy