2018 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

Table 9

Last Ten Fiscal Years RATIO OF OUTSTANDING DEBT BY TYPE

Governmental Activities

Business-type

Special

Activities Revenue

Total

Percentage of Personal

Fiscal Year

G.O.

Assessment

Capital Leases

Primary

Per

Bonds

Bonds

Bonds

Government

Income Capita

2009

6,755,000 $

14,200,000 $

$

-

22,235,000 $

43,190,000 $

4.1% 1,276

2010

6,340,000

12,370,000

-

21,470,000

40,180,000

3.4% 1,084

2011

5,905,000

10,240,000

-

-

16,145,000

1.3% 428

2012

10,325,000

8,735,000

-

-

19,060,000

1.6% 504

2013

9,865,000

7,125,000

-

-

16,990,000

1.4% 446

2014

9,390,000

4,440,000

-

-

13,830,000

1.1% 353

2015

5,100,000

3,115,000

-

-

8,215,000

0.7% 208

2016

36,070,590

2,095,000

-

-

38,165,590

2.9% 948

2017

35,284,168

1,085,000

65,330

-

36,434,498

2.7% 886

2018

33,677,746

585,000

46,542

-

34,309,288

2.5% 826

Sources: Note: 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. Details regarding the city's outstanding debt can be found in the notes to the financial statements. See Table 14 for income and population data.

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