2018 City of Shakopee Comprehensive Annual Financial Report
CITY OF SHAKOPEE MANAGEMENT’S DISCUSSION AND ANALYSIS December 31, 2018
Business-Type Activities Business-type activities increased the City’s net position by $3,356,460. Revenues increased while expenses decreased between the current and prior year. The major increase was related to developer contributed capital in 2018 which totaled approximately $4.1 million. The sewer and storm water activities will continue to experience ongoing expenses as capital investment is required to maintain and reconstruct the City’s utilities. In addition, new development will also require investment of the City. Expenses and Program Revenues – Business-Type Activities
Revenues by Source – Business-Type Activities
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