2020 Comprehensive Annual Financial Report

CITY OF SHAKOPEE COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - NON MAJOR GOVERNMENTAL FUNDS (Continued) For the Year Ended December 31, 2020

Debt Service

Capital Projects

2020A Tax Increment Bonds

TIF District No. 10

Total

Park Reserve

REVENUES Taxes

$

- - - - - - - -

2,187,900 $

$

200,000

$

-

Tax Increment

-

- -

55,408

Special Assessments Licenses and Permits Intergovernmental Charges for Services Fines and Forfeitures

215,308

- - - - - - -

- - - - -

346,377

-

551

-

Miscellaneous

23,358 105,805 676,091

Investment Income

19 19

67,598

Total Revenues

2,470,806

55,408

EXPENDITURES Current

General Government

- - - - -

- - - - -

- - - - - - -

- - - -

Public Safety Public Works

Conservation and Natural Resources

Economic Development

53,181

Debt Service Principal

-

1,750,000 1,125,843

-

Interest and Other Charges

200

400

Capital Outlay

-

-

492,690 492,690

-

Total Expenditures

200

2,875,843

53,581

Excess of Revenues Over (Under) Expenditures

(181)

(405,037)

183,401

1,827

OTHER FINANCING SOURCES (USES) Bonds Issued

359,893

359,893 1,231,013

- -

- - -

Transfers In Transfers Out

- -

-

(45,163)

Total Other Financing Sources (Uses)

359,893

1,590,906

(45,163)

-

Net Change in Fund Balances

359,712

1,185,869

138,238

1,827

FUND BALANCES Beginning of Year

-

3,147,055

3,322,724

1,096

End of Year

$

359,712

4,332,924 $

$

3,460,962

$

2,923

130