2020 City of Shakopee Budget

183

2020 Annual Budget Self Insurance Internal Service Fund

2019

2019 Final

2020

2017

2018

Original Budget

Proposed

Actual

Actual

Budget

Budget

Sources

Rental Charges Reimbursement

$

844,509

$

858,642

$

918,100

$

928,000

$

950,000

8,436 1,231

6,704 7,225

6,700

5,000

5,000

Investment Income

12,000

12,000

10,000

Miscellaneous

-

-

Miscellaneous

5,264

6,739

-

7,900

8,000

Insurance Dividends

62,788 922,228

19,446 898,756

50,000 986,800

20,000 972,900

20,000 993,000

Total Revenue

Uses Liability Insurance

622,701 45,187

707,513 27,545

775,000 50,000

802,700 70,000

872,000 80,000

Claims

Miscellaneous

-

-

-

5,000

-

Total Expenditures

667,888

735,058

825,000

877,700

952,000

Excess (deficiency) of Sources over Uses

254,340

163,698

161,800

95,200

41,000

Transfer In

600,000 854,340

-

-

-

-

Net

$

$

163,698

$

161,800

$

95,200

$

41,000

$

362,790

1,217,130 $

1,380,828 $

1,380,828 $

1,476,028 $

Cash Balance- January 1

1,217,130 $

1,380,828 $

1,542,628 $

1,476,028 $

1,517,028 $

Cash Balance December 31