2022 Annual Comprehensive 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, 2022

2022A GO Improvement Bond Debt Service

Capital Projects

2022A GO Tax Increment Revenue Bond

Park Development

Total

REVENUES Taxes

$

- - - - - - - -

$

- - - - - - -

$ 2,189,000

$

- - -

Tax Increment

-

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

164,940

164,940

- - - - -

3,265,094

27,557 52,795

-

Miscellaneous

24,787

Investment Income (Loss)

(2,717) (2,717)

(10,521) 154,419

(125,826) 2,228,114

(271,939) 3,098,294

Total Revenues

EXPENDITURES Current

General Government

- - - - -

- - - - - - - - -

- - - - -

- - - - - - -

Public Safety Public Works

Conservation and Natural Resources

Economic Development

Debt Service Principal

-

1,475,000 1,195,713

Interest and Other Charges

461

Capital Outlay

-

-

1,045,352 1,045,352

Total Expenditures

461

2,670,713

Excess of Revenues Over (Under) Expenditures

(3,178)

154,419

(442,599)

2,052,942

OTHER FINANCING SOURCES (USES) Transfers In

51,583

310,680

1,243,427

- -

Transfers Out

-

-

-

Total Other Financing Sources (Uses)

51,583

310,680

1,243,427

-

Net Change in Fund Balances

48,405

465,099

800,828

2,052,942

FUND BALANCES Beginning of Year

-

-

1,747,005

3,759,939

End of Year

$

48,405

$

465,099

$ 2,547,833

$

5,812,881

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