2020 Comprehensive Annual Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2020 BUDGET AND ACTUAL - GENERAL FUND CHANGES IN FUND BALANCES -

Variance with Final Budget - Over (Under)

Budget

Actual

Amounts

Original

Final

REVENUES Taxes

General Property Fiscal Disparities

14,952,700 $

14,952,700 $

14,758,642 $

$

(194,058) (95,159) (25,345)

2,229,200 403,000

2,229,200 403,000

2,134,041 377,655

Franchise Aggregate

-

-

7,401

7,401

Total Taxes

17,584,900

17,584,900

17,277,739

(307,161)

Special Assessments

7,000

7,000

(17,707)

(24,707)

Licenses and Permits

2,191,100

2,191,100

3,577,062

1,385,962

Intergovernmental Revenues Federal Grants

16,000 473,200 270,000 567,400

3,162,362 473,200 270,000 573,869

3,117,605 515,660 287,106 654,091 132,686 4,707,148 2,432,206 648,127 736,982 1,425,077 5,242,392

(44,757) 42,460 17,106 80,222 132,686 227,717

Police Aid Fire Aid State Grants

Other Grants and Aids

-

-

Total Intergovernmental Revenues

1,326,600

4,479,431

Charges for Services

General Government

2,729,000 810,200 919,000 2,320,300 6,778,500

2,729,000 810,200 919,000 2,320,300 6,778,500

(296,794) (162,073) (182,018) (895,223) (1,536,108)

Public Safety Public Works

Parks and Recreation

Total Charges for Services

Fines and Forfeitures

1,700

1,700

7,062

5,362

Miscellaneous Revenues Investment Income

183,700

183,700

540,921 8,989 11,504 58,178 619,592

357,221

Contributions and Donations

-

-

8,989

Rents Other

10,700 13,800 208,200

10,700 28,792 223,192

804

29,386 396,400 147,465

Total Miscellaneous Revenues

Total Revenues

28,098,000

31,265,823

31,413,288

EXPENDITURES General Government Current: Mayor and Council

$

191,100 2,102,700 426,600 966,700 592,300 601,300 130,300

$

196,100 2,108,292 467,350 966,700 731,357 601,662 149,725

$

179,463 1,990,924 499,737 961,011 732,728 617,843

$

(16,637) (117,368)

Administration

City Clerk Finance Planning

32,387 (5,689) 1,371 16,181

Government Buildings

Unallocated

25,625 17,670

(124,100)

Capital Outlay

-

17,670

-

Total General Government

5,011,000

5,238,856

5,025,001

(213,855)

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