2019 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. Bonds

Assessment

Capital Leases

Primary

Per

Bonds

Bonds

Government

Income Capita

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

2019

36,226,324

235,000

26,616

-

36,487,940

2.6% 879

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.

Sources:

Note: In 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.

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