2022 City of Shakopee Budget

141

2022 Annual Budget Company: 03044- 2016A GO TAX ABATEMENT BOND Object Account Actual 2019 Actual 2020 Budget 2021

Requested Budget 2022

03044 - 2016A GO TAX ABATEMENT BOND REVENUES: 4011 - CURRENT PROPERTY TAX

(2,068,600.00) (2,118,000.00) (2,188,600.00) (2,189,000.00) (2,068,600.00) (2,118,000.00) (2,188,600.00) (2,189,000.00)

TAXES

4833 - INTEREST

(483.53)

4,110.51 (8,851.05) (4,740.54)

0.00 0.00 0.00

0.00 0.00 0.00

4834 - CHANGE IN FAIR MARKET VALUE

(19,702.40) (20,185.93)

MISCELLANEOUS

REVENUES

(2,088,785.93) (2,122,740.54) (2,188,600.00) (2,189,000.00)

EXPENDITURES:

6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST

1,095,000.00 1,150,000.00 1,205,000.00 1,265,000.00

1,011,206.26

955,081.26

896,000.00

834,500.00

6860 - FISCAL AGENT FEES

650.00

650.00

500.00

500.00

6890 - DEBT SERVICE - OTHER CHARGES

0.00

0.00

0.00

0.00

DEBT SERVICE

2,106,856.26 2,105,731.26 2,101,500.00 2,100,000.00

EXPENDITURES

2,106,856.26 2,105,731.26 2,101,500.00 2,100,000.00

OTHER FINANCING: TRANSFERS IN

(14,994.84)

0.00 0.00 0.00

0.00 0.00 0.00

0.00 0.00 0.00

PROCEEDS FROM DEBT ISSUED

0.00

OTHER FINANCING

(14,994.84)

Total 03044 - 2016A GO TAX ABATEMENT BOND

3,075.49

(17,009.28)

(87,100.00)

(89,000.00)