2021 City of Shakopee Budget

143

2021 Annual Budget Company: 03044- 2016A GO TAX ABATEMENT BOND Object Account Actual 2018 Actual 2019 Budget 2020

Requested Budget 2021

03044 - 2016A GO TAX ABATEMENT BOND REVENUES: 4011 - CURRENT PROPERTY TAX

(1,942,260.00) (2,068,600.00) (2,118,000.00) (2,188,600.00) (1,942,260.00) (2,068,600.00) (2,118,000.00) (2,188,600.00)

TAXES

4833 - INTEREST

(1,616.82)

(483.53)

0.00 0.00 0.00

0.00 0.00 0.00

4834 - CHANGE IN FAIR MARKET VALUE

163.23

(19,702.40) (20,185.93)

MISCELLANEOUS

(1,453.59)

PROCEEDS FROM DEBT ISSUED

0.00

0.00

0.00

0.00

REVENUES

(1,943,713.59) (2,088,785.93) (2,118,000.00) (2,188,600.00)

EXPENDITURES:

6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST

1,040,000.00 1,095,000.00 1,150,000.00 1,205,000.00

1,064,581.26 1,011,206.26

955,000.00

896,000.00

6860 - FISCAL AGENT FEES

910.83

650.00

500.00

500.00

DEBT SERVICE

2,105,492.09 2,106,856.26 2,105,500.00 2,101,500.00

EXPENDITURES

2,105,492.09 2,106,856.26 2,105,500.00 2,101,500.00

OTHER FINANCING: TRANSFERS IN OTHER FINANCING

(7,575.77) (7,575.77)

(14,994.84) (14,994.84)

0.00 0.00

0.00 0.00

Total 03044 - 2016A GO TAX ABATEMENT BOND

154,202.73

3,075.49

(12,500.00)

(87,100.00)