2025 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL - GENERAL FUND (Continued) For the Year Ended December 31, 2025

Variance with

Variance with Final Budget - Over (Under) Actual Amounts

Original Budget -

Over (Under) Final Budget

Budget Amounts

Actual

Amounts

Original

Final

EXPENDITURES (Continued) Public Works Current: Engineering

$ 1,430,500

$ 1,778,400

$

347,900

$ 1,574,852

$

(203,548) (158,649) (87,755) (93,769)

Streets

2,846,050

2,846,050

- -

2,687,401

Shop

607,800

607,800

520,045

Park Maintenance

3,514,200

3,644,200

130,000 26,000 503,900

3,550,431

Capital Outlay

-

26,000

23,500

(2,500)

Total Public Works

8,398,550

8,902,450

8,356,229

(546,221)

Culture and Recreation Current: Recreation

5,558,990

5,558,990

-

5,693,154

134,164 273,962 408,126

Capital Outlay

-

15,000

15,000 15,000

288,962

Total Parks and Recreation

5,558,990

5,573,990

5,982,116

Debt Service Principal

- - -

- - -

- - -

118,780 16,828 135,608

118,780 16,828 135,608

Interest and Other Charges

Total Debt Service

Total Expenditures

39,679,300

40,752,200

1,072,900

40,456,440

(295,760)

Excess of Revenues Over (Under)

(876,000)

(1,381,000)

(505,000)

3,401,133

4,782,133

OTHER FINANCING SOURCES (USES) Proceeds from Sale of Capital Asset

- -

- -

- - - - -

12,476 273,059 890,600

12,476 273,059 14,600

Lease Issued Transfers In Transfers Out

876,000

876,000

-

-

(2,325,000) (1,148,865)

(2,325,000) (2,024,865)

Total Other Financing Sources (Uses)

876,000

876,000

$

-

$

(505,000)

$

(505,000)

2,252,268

$ 2,757,268

Net Change in Fund Balances

FUND BALANCES Beginning of Year

23,521,240

$ 25,773,508

End of Year

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