2022 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2022 BUDGET AND ACTUAL - GENERAL FUND CHANGES IN FUND BALANCES -

Variance with Final Budget - Over (Under)

Actual

Budget

Amounts

Original

Final

EXPENDITURES (Continued) Public Safety Current: Police

10,317,100 3,227,600 1,393,400

10,352,300 3,272,700 1,557,060

10,342,108 3,413,198 1,500,826

(10,192) 140,498 (56,234) 28,764 102,836

Fire

Building Inspection

Capital Outlay

-

-

28,764

Total Public Safety

14,938,100

15,182,060

15,284,896

Public Works Current: Engineering

1,354,400 2,687,100 512,100 2,934,200

1,354,400 2,714,000 512,100 2,993,700

1,176,966 2,715,431 498,854 3,082,168

(177,434)

Streets

1,431

Shop

(13,246) 88,468 (30,000) (130,781)

Park Maintenance

Capital Outlay

30,000

30,000

-

Total Public Works

7,517,800

7,604,200

7,473,419

Culture and Recreation Current: Recreation

4,506,000

4,726,200

4,835,898

109,698 32,846 142,544

Capital Outlay

12,000

12,000

44,846

Total Parks and Recreation

4,518,000

4,738,200

4,880,744

Total Expenditures

32,300,800

32,794,860

32,803,463

8,603

Excess of Revenues Over (Under)

(650,000)

(980,400)

2,032,173

3,012,573

OTHER FINANCING SOURCES (USES) Proceeds from Sale of Capital Asset

- -

- -

984

984

Captial Lease Issued

26,242 400,000 (226,000) 201,226

26,242

Transfers In Transfers Out

400,000

400,000

-

-

-

(226,000) (198,774)

Total Other Financing Sources (Uses)

400,000

400,000

$

(250,000)

(580,400)

$

2,233,399

$

2,813,799

Net Change in Fund Balances

FUND BALANCES Beginning of Year

17,771,897

$ 20,005,296

End of Year

119