2020 Comprehensive Annual Financial Report

CITY OF SHAKOPEE COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS (Continued) December 31, 2020

Debt Service

2019A Tax Increment Bonds

2020A Tax Increment Bonds

Total

ASSETS

Cash and Investments

$

97,165 67,734

$

-

$

3,898,112 427,641

Restricted Cash and Investments Delinquent Taxes Receivable Special Assessments Receivable: Delinquent

359,907

-

-

-

- - - - - -

- - - - - -

912

Deferred

616,990

Accounts Receivable Interest Receivable

-

217

5

8,671

Due From Other Governments

- - -

Prepaid Items

Land Held for Resale

Total Assets

$

165,116

$

359,912

$

4,952,326

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities Accounts Payable

$

700

$

200

$

1,500

Advance from Other Funds

-

-

-

Total Liabilities

700

200

1,500

Deferred Inflows of Resources Unavailable Revenue - Property Taxes Unavailable Revenue - Special Assessments

- - -

- - -

-

617,902 617,902

Total Deferred Inflows of Resources

Fund Balances

Nonspendable Restricted for:

-

-

-

Special Revenue Debt Service Capital Projects

-

-

-

164,416

359,712

4,332,924

- - -

- - -

- - -

Assigned Unassigned

Total Fund Balances

164,416

359,712

4,332,924

Total Liabilities, Deferred Inflows of Resources and Fund Balances

$

165,116

$

359,912

$

4,952,326

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