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

Capital Projects

Total Other Governmental Funds

TIF District No. 21 Shakopee Crossing

Total

REVENUES Taxes

$

-

$

413,399 1,369,429 3,265,094 27,557 65,705 293,600 88,437 (316,225) 5,206,996 -

$

3,564,201 1,369,429 164,940 3,265,094 270,283 595,100 466,093 (491,410) 9,298,262 94,532

Tax Increment

32,913

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

- - - - - - -

Miscellaneous

Investment Income (Loss)

Total Revenues

32,913

EXPENDITURES Current

General Government

- - - -

- -

441,824 111,991 163,276 36,727

Public Safety Public Works

163,276 36,727 1,574,168

Conservation and Natural Resources

Economic Development

31,539

2,696,362

Debt Service Principal

- - -

-

1,475,000 1,196,635 2,161,908 8,283,723

Interest and Other Charges

922

Capital Outlay

1,962,991 3,738,084

Total Expenditures

31,539

Excess of Revenues Over (Under) Expenditures

1,374

1,468,912

1,014,539

OTHER FINANCING SOURCES (USES) Transfers In

-

634,120 (634,120)

1,877,547 (634,120)

Transfers Out

(2,752)

Total Other Financing Sources (Uses)

(2,752)

-

1,243,427

Net Change in Fund Balances

(1,378)

1,468,912

2,257,966

FUND BALANCES Beginning of Year

1,378

7,072,935

10,470,887

End of Year

$

-

$

8,541,847

$ 12,728,853

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