2018 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

Years 2009 Through 2018 NET POSITION BY COMPONENT

2009

2010

2011

2012

Governmental Activities:

Net Investment in Capital Assets

112,097,148 $

111,905,152 $

114,981,955 $

115,191,768 $

Restricted Unrestricted

16,518,865 28,832,576

1,844,129 43,910,102

10,914,439 32,771,327

9,912,551 34,823,712

Total Governmental Activities Net Position

157,448,589 $

157,659,383 $

158,667,721 $

159,928,031 $

Business-Type Activities:

Net Investment in Capital Assets

114,331,216 $

115,064,968 $

$

65,080,070

$

64,124,590

Restricted Unrestricted

3,574,612 55,595,594

4,889,050 59,014,070

-

-

31,927,930

33,354,521

Total Business-Type Activities Net Position

173,501,422 $

178,968,088 $

$

97,008,000

$

97,479,111

Primary Government:

Net Investment in Capital Assets

226,428,364 $

226,970,120 $

180,062,025 $

179,316,358 $

Restricted Unrestricted

20,093,477 84,428,170

6,733,179 102,924,172

10,914,439 64,699,257

9,912,551 68,178,233

Total Primary Government Net Position

330,950,011 $

336,627,471 $

255,675,721 $

257,407,142 $

From 2009-2010, the SPUC Funds, Water and Electric Enterprise Funds, were reported as a blended component unit of the City. In 2011, SPUC funds have been presented as discretely presented component units as it no longer met the criteria for blending. The City implemented GASB Statement No. 68 and GASB Statement No. 71 in 2015. Years prior to 2015 have not been restated.

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