2019 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

Table 10

Last Ten Fiscal Years RATIOS OF GENERAL BONDED OUTSTANDING

Net

Percentage of Actual Taxable

Percentage of

Less:

Total G.O. Bonds

Available in Debt Service

General

Total

Fiscal Year

Bonded Debt Outstanding

Value of Property

Per

Personal Income

Capita

2010

6,340,000 $

5,127,697 $

$

1,212,303

0.17% 33 $

0.54%

2011

5,905,000

4,625,946

1,279,054

0.17% 34

0.49%

2012

10,325,000

9,574,198

750,802

0.31% 20

0.86%

2013

9,865,000

8,678,680

1,186,320

0.32% 31

0.81%

2014

9,390,000

7,053,086

2,336,914

0.29% 60

0.75%

2015

5,100,000

3,085,157

2,014,843

0.14% 51

0.40%

2016

36,070,590

3,712,584

32,358,006

0.94% 804

2.74%

2017

35,284,168

3,608,453

31,675,715

0.87% 770

2.63%

2018

33,677,746

3,207,099

30,470,647

0.78% 734

2.44%

2019

36,226,324

3,147,055

33,079,269

0.79% 797

2.60%

Sources: 1. Metropolitan Council estimated for population. 2. Scott County Auditor 3. Details regarding the city's outstanding debt can be found in the notes to the financial statements.

149