2025 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2025 BUDGET AND ACTUAL - GENERAL FUND CHANGES IN FUND BALANCES -

Variance with

Variance with Final Budget - Over (Under) Actual Amounts

Original Budget -

Over (Under) Final Budget

Budget Amounts

Actual

Amounts

Original

Final

REVENUES Taxes

General Property Fiscal Disparities

$ 20,766,450

$ 20,766,450

$

- - - - -

$ 20,517,356

$

(249,094) (199,893) (46,376)

2,317,000

2,317,000

2,117,107

Franchise Aggregate

363,000

363,000

316,624

-

-

2,230

2,230

Total Taxes

23,446,450

23,446,450

22,953,317

(493,133)

Special Assessments

17,000

17,000

-

26,770

9,770

Licenses and Permits

3,810,750

3,810,750

-

5,424,471

1,613,721

Intergovernmental Revenues Federal Grants

16,000 580,000 345,000 837,000

16,000 580,000 345,000

- - -

187,933 693,148 533,494

171,933 113,148 188,494 233,949 145,694 853,218

Police Aid

Fire Aid

State Grants

1,047,000 3,652,000 5,640,000

210,000

1,280,949 3,797,694 6,493,218

Other Grants and Aids

3,652,000 5,430,000

-

Total Intergovernmental Revenues

210,000

Charges for Services

General Government

127,000

217,000

90,000

466,614

249,614 13,623 968,922 104,617

Public Safety Public Works

1,151,400 1,093,700 2,864,700 5,236,800

1,151,400 1,361,600 2,864,700 5,594,700

-

1,165,023 2,330,522 2,969,317 6,931,476

267,900

Parks and Recreation

-

Total Charges for Services

357,900

1,336,776

Fines and Forfeitures

325,200

325,200

-

349,538

24,338

Miscellaneous Revenues Investment Income

475,000 38,000

475,000 38,000

- - - - -

1,507,218

1,032,218

Contributions and Donations

16,153

(21,847)

Rents Other

600

600

525

(75)

23,500 537,100

23,500 537,100

154,887

131,387

Total Miscellaneous Revenues

1,678,783 43,857,573

1,141,683 4,486,373

Total Revenues

38,803,300

39,371,200

567,900

EXPENDITURES General Government Current:

Mayor and Council

205,900

205,900

- - - -

177,321

(28,579)

Administration

2,726,280

2,726,280

2,742,298

16,018

City Clerk Finance Planning

480,700

480,700

398,085

(82,615) (43,009) (50,658) (113,606) (118,990) (421,439)

1,166,950

1,166,950

1,123,941

765,540 694,300 127,900

855,540 694,300 127,900

90,000

804,882 580,694

Government Buildings

- -

Unallocated

8,910

Total General Government

6,167,570

6,257,570

90,000

5,836,131

Public Safety Current: Police

12,948,990 4,373,100 2,064,100

12,948,990 4,405,600 2,064,100

-

13,395,393 4,136,489 2,082,567

446,403

Fire

32,500

(269,111)

Building Inspection

-

18,467

Capital Outlay

168,000

599,500

431,500 464,000

531,907

(67,593) 128,166

Total Public Safety

19,554,190

20,018,190

20,146,356

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