2018 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2018 BUDGET AND ACTUAL - GENERAL FUND CHANGES IN FUND BALANCES -

Variance with Final Budget - Over (Under)

Budget

Actual

Amounts

Original

Final

REVENUES Taxes

General Property Fiscal Disparities

14,616,600 $

14,640,600 $

14,541,438 $

$

(99,162) (89,009)

2,104,900 370,000 429,000

2,104,900

2,015,891

Lodging Franchise Aggregate

-

-

-

429,000

416,044

(12,956)

8,500

8,500

7,696

(804)

Total Taxes

17,529,000

17,183,000

16,981,069

(201,931)

Special Assessments

7,000

7,300

7,416

116

Licenses and Permits

1,416,000

1,952,700

2,606,018

653,318

Intergovernmental Revenues Federal Grants

20,000 18,100 441,300 253,800 627,900 125,000

20,000 18,100 441,300 259,400 547,400

85,879 18,170 453,159 259,378 551,609 92,223

65,879

PERA Aid Police Aid

70

11,859

Fire Aid

(22)

State Grants

4,209 92,223 174,218

Other Grants and Aids

-

Total Intergovernmental Revenues

1,486,100

1,286,200

1,460,418

Charges for Services

General Government

2,173,600 851,700 574,500 2,100,000 5,699,800

2,416,600 857,000 841,500 2,138,900 6,254,000

2,604,041 897,857 869,729 2,410,762 6,782,389

187,441 40,857 28,229 271,862 528,389

Public Safety Public Works

Parks and Recreation

Total Charges for Services

Fines and Forfeitures

1,500

800

1,815

1,015

Miscellaneous Revenues Investment Income

150,000 16,800 10,000 29,700 206,500

150,000 34,500 10,000 82,400 276,900

180,058 58,912 10,231 18,880 268,081

30,058 24,412

Contributions and Donations

Rents Other

231

(63,520) (8,819)

Total Miscellaneous Revenues

Total Revenues

26,345,900

26,960,900

28,107,206

1,146,306

EXPENDITURES General Government Current: Mayor and Council

$

169,300 1,835,300 405,400 1,265,700 848,400 398,800 216,300

$

186,800 1,883,700 399,500 914,200 896,200 601,100 216,400

$

174,814 1,818,579 388,441 910,603 707,538 628,269

$

(11,986) (65,121) (11,059) (3,597) (188,662)

Administration

City Clerk Finance Planning

Government Buildings

27,169

Unallocated

39,824 57,500

(176,576)

Capital Outlay

-

-

57,500

Total General Government

5,139,200

5,097,900

4,725,568

(372,332)

116