2018 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

STATEMENT OF CHANGES IN ASSETS AND LIABILITIES - AGENCY FUNDS For the Year Ended December 31, 2018

Escrow Agency Fund

Balance at December 31, 2017

Balance at December 31, 2018

Additions

Deductions

ASSETS

Cash and Investments

$

1,925,440

1,408,329 $

1,199,963 $

$

2,133,806

LIABILITIES

Deposits Payable

$

1,925,440

1,408,329 $

1,199,963 $

$

2,133,806

Holiday Lighting Agency Fund

Balance at December 31, 2017

Balance at December 31, 2018

Additions

Deductions

ASSETS

Cash and Investments

$

355

$

4,320

$

4,744

$

(69)

LIABILITIES

Accounts Payable

$

355

$

4,320

$

4,744

$

(69)

Southwest Metro Drug Task Force Agency Fund

Balance at December 31, 2017

Balance at December 31, 2018

Additions

Deductions

ASSETS

Cash and Investments Accounts Receivable Interest Receivable

$

351,873

$

375,584

$

463,359

$

264,098

49

548

-

597

1,489

-

464

1,025 45,248 8,534

20,248 1,602

- -

Due from Other Governments 25,000

6,932

Prepaids

Total Assets

$

385,343

$

397,982

$

463,823

$

319,502

LIABILITIES

230,726 115,402 39,215

236,048 159,368

308,327 155,496

158,447 119,274 41,781

Accounts Payable Deposits Payable

2,566

-

Due to Other Governments

Total Liabilities

$

385,343

$

397,982

$

463,823

$

319,502

134