2018 City of Shakopee Comprehensive Annual Financial Report
CITY OF SHAKOPEE
COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION - INTERNAL SERVICE FUNDS For the Year Ended December 31, 2018
Information and Technology
Employee Benefits
Self Insurance
Equipment
Buildings
Park Asset
Total
OPERATING REVENUES Rental Charges
$
889,300
$
579,400
781,300 $
$
- - -
400,900 $
858,642 $
3,509,542 $
Other Charges
-
-
24,980 806,280
-
6,739
31,719
Total Operating Revenues
889,300
579,400
400,900
865,381
3,541,261
OPERATING EXPENSES Salaries and Benefits Professional Services Repairs and Maintenance Materials and Supplies Depreciation
-
-
-
86,088
-
- -
86,088
860,407
684,115
431,742
- - - - -
17,686 4,130 44,122 231,801
1,993,950
- -
1,677
- -
20,728 12,789
26,535 57,002 348,910 692,379
91
55,744
20,714
40,651
-
Insurance
-
-
-
-
692,379 725,896
Total Operating Expenses
916,151
706,597
472,393
86,088
297,739
3,204,864
Operating Income (Loss)
(26,851)
(127,197)
333,887
(86,088)
103,161
139,485
336,397
NONOPERATING REVENUES (EXPENSES) Investment Income (Loss)
54,110
44,892
34,071
15,488
8,996
9,937 26,150
167,494 26,150 (20,625) (102,439)
- - -
- - -
Insurance Dividends Interest Expense
- -
-
- -
(20,625) (45,536)
-
Gain (Loss) on Sale of Asset
7,884
(71,491)
6,704
Total Nonoperating Revenues (Expenses) Income (Loss) before Capital Contributions and Transfers
61,994
(21,269)
(37,420)
15,488
8,996
42,791
70,580
35,143
(148,466)
296,467
(70,600)
112,157
182,276
406,977
Capital Grants and Contribution
- -
-
5,000
- -
- -
- -
5,000
Transfers Out
(470,000)
-
(470,000)
Change in Net Position
35,143
(618,466)
301,467
(70,600)
112,157
182,276
(58,023)
NET POSITION Beginning of Year
11,650,549
20,595,566
9,146,693
(1,177,149)
821,914
1,411,197
42,448,770
End of Year
11,685,692 $
19,977,100 $
9,448,160 $
(1,247,749) $
934,071 $
1,593,473 $
42,390,747 $
131
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