2018 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - NON MAJOR GOVERNMENTAL FUNDS (Continued) For the Year Ended December 31, 2018

Debt Service

Capital Projects

2016A GO Tax Abatement Bonds

TIF District No. 10

Total

Park Reserve

REVENUES Taxes

1,942,260 $

2,183,648 $

$

- - -

$

-

Tax Increment

- - - - - - -

-

56,972

Special Assessments Licenses and Permits Intergovernmental Charges for Services Fines and Forfeitures

254,848

- - - - - - -

- - - - -

1,755,036

-

1,817

-

Miscellaneous

23,133 19,243

Investment Income

1,454

26,218

Total Revenues

1,943,714

2,464,714

1,799,229

56,972

EXPENDITURES Current

General Government

- - - -

- - - -

- - - - - -

- - -

Public Safety

Conservation and Natural Resources

Economic Development

52,008

Debt Service Principal

1,040,000 1,065,492

1,995,000 1,171,068

-

Interest and Other Charges

922

Capital Outlay

-

-

83,903 83,903

-

Total Expenditures

2,105,492

3,166,068

52,930

Excess of Revenues Over (Under) Expenditures

(161,778)

(701,354)

1,715,326

4,042

OTHER FINANCING SOURCES (USES) Transfers In

7,576

307,576

- -

- -

Transfers Out

-

(7,576)

Total Other Financing Sources (Uses)

7,576

300,000

-

-

(154,202)

(401,354)

1,715,326

4,042

Net Change in Fund Balances

FUND BALANCES Beginning of Year

1,291,473

3,608,453

1,228,550

(4,695)

End of Year

1,137,271 $

3,207,099 $

$

2,943,876

$

(653)

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