2022 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2022

TABLE OF CONTENTS

SECTION I

Page

INTRODUCTORY SECTION

Elected Officials and Administration...................................................................................... Organization Chart................................................................................................................... Letter of Transmittal................................................................................................................ Certificate of Achievement for Excellence in Financial Reporting.......................................

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SECTION II

FINANCIAL SECTION

Statement of Changes in Fiduciary Net Position.......................................................... Statement of Fiduciary Net Position.............................................................................. Notes to the Financial Statements...................................................................................... Statement of Revenues, Expenses and Changes in Net Position – Proprietary Funds......................................................................................................... Statement of Cash Flows – Proprietary Funds.............................................................. Independent Auditor’s Report................................................................................................. Management’s Discussion and Analysis (Unaudited)............................................................ Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position.............................................................................................. Statement of Activities................................................................................................... Fund Financial Statements: Balance Sheet – Governmental Funds........................................................................... Reconciliation of the Balance Sheet to the Statement of Net Position – Governmental Funds.................................................................................................... Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds.................................................................................................... Reconciliation of the Statement of Revenues, Expenditures and Changes in Statement of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual – General Fund............................................................................. Fund Balances to the Statement of Activities – Governmental Funds....................... Statement of Net Position – Proprietary Funds.............................................................

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