2022 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

Years 2013 Through 2022 NET POSITION BY COMPONENT

2013

2014

2015

2016

Governmental Activities:

Net Investment in Capital Assets

$ 118,166,525

$ 117,980,552

$ 120,831,029

$ 128,559,527

Restricted Unrestricted

10,454,238 30,642,443

7,103,581 35,302,035

7,547,490 23,939,064

6,637,391 16,719,760

Total Governmental Activities Net Position

$ 159,263,206

$ 160,386,168

$ 152,317,583

$ 151,916,678

Business-Type Activities:

Net Investment in Capital Assets

$

65,181,465

$

67,831,099

$

68,986,369

$

70,099,288

Restricted Unrestricted

-

-

-

-

31,183,904

28,485,814

25,981,542

23,281,483

Total Business-Type Activities Net Position

$

96,365,369

$

96,316,913

$

94,967,911

$

93,380,771

Primary Government:

Net Investment in Capital Assets

$ 183,347,990

$ 185,811,651

$ 189,817,398

$ 198,658,815

Restricted Unrestricted

10,454,238 61,826,347

7,103,581 63,787,849

7,547,490 49,920,606

6,637,391 40,001,243

Total Primary Government Net Position

$ 255,628,575

$ 256,703,081

$ 247,285,494

$ 245,297,449

The City implemented GASB Statement No. 68 and GASB Statement No. 71 in 2015. Years prior to 2015 have not been restated.

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