2020 City of Shakopee Budget

181

2020 Annual Budget Governmental Building Asset Internal Service Fund

2019

2019 Final

2020

2017

2018

Original Budget

Proposed

Actual

Actual

Budget

Budget

Sources

Rental Charges Cost Sharing

$

558,400

$

579,400

$

651,100

1,049,900 $

1,084,200 $

- -

- -

- -

- -

2,750,000 4,800,000

Grants

Investment Income

48,929

46,315

25,000

43,750

35,000

Miscellaneous

160

-

-

-

-

Total Revenue

607,489

625,715

676,100

1,093,650

8,669,200

Uses

Innovation Center/Incubator

- - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - -

-

-

6,000,000

Public Works Interior Workspace Improvements

100,000

100,000 75,000

- - -

Ice Arena Lobby Space Renovation

- - - - - - - - - - - - - - - - -

Police Station Furniture

13,073

- -

Sand Venture Tree Removal & Windscreen

45,000

Sand Venture Main Pool Pump Sand Venture Small Drop Slide

20,000 15,000

- -

Sand Venture Pool Filter Replacement

- - - - - -

50,000 40,000

Sand Venture Building Rehab Engineering Building Roof

9,550

2,710

-

30,000 25,000 20,000 50,000

Community Center/Ice Arena Façade Improvements Community Center Gym/Walking Track Aesthetics Community Center Emergency Exit Concrete Paving Community Center Fitness Center Floor Repair

17,500 50,000

Community Center Gym Piping/Paint Fire Station 1 Parking Lot Concrete Fire Station 1 HVAC (2 Units) Fire Station 1 Condensing Unit Fire Station 1 Window Replacment Fire Station 1&2 Generator Enclosures Fire Station 2 Concrete Pavement

-

-

125,000

16,000

63,000

- - - - -

4,950

-

101,532

51,800 24,000

- - - -

24,000

130,321

- -

- -

Fire Station 3

5,500,000

Library Roof Maintenance

20,000

20,000 15,000

- -

City Hall/Police Station Landscaping Miscellaneous Energy Efficency

1,677

- - -

-

6,000

50,000 17,875

Interfund Loan Interest

20,625 160,567

19,250 476,550

Total Expenditures

139,871

144,000

11,952,875

Excess (deficiency) of Sources over Uses

532,100

617,100

(3,283,675)

465,148

467,618

Interfund Loan*

1,700,000

(115,000)

(129,300)

215,000

160,000

Transfer In Transfer Out

-

-

-

2,084,504

-

City Hall Construction Park Development Fund

(2,721,000)

(170,000)

(120,000)

(50,000)

-

-

-

-

-

(100,000) (300,000)

Debt Service

(340,000) (893,382)

(300,000) (119,852)

(300,000) (17,200)

(300,000)

Net

$

$

$

2,566,604 $

(3,523,675) $

3,865,428 $

2,972,046 $

2,852,194 $

2,852,194 $

5,418,798 $

Cash Balance- January 1

2,972,046 $

2,852,194 $

2,834,994 $

5,418,798 $

1,895,123 $

Cash Balance December 31

* Interfund loan payback from EDA became a funding source of the City Hall construction until 2019 when payments finished. The payments received on the interfund loan are transferred to the City Hall Fund as received. Payments Storm Drainage interfund loand are still recognized in the Building Fund.