2025 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

COMBINING STATEMENT OF CASH FLOWS - INTERNAL SERVICE FUNDS For the Year Ended December 31, 2025

Information and Technology Self Insurance

Employee Benefits

Equipment

Buildings

Park Asset

Total

CASH FLOWS - OPERATING ACTIVITIES Receipts from Customers and Users

$ 1,699,300

$ 1,399,255

$ 669,100

$

-

$ 655,000

$ 1,123,615

$ 5,546,270

Receipts from Interfund Services

-

-

-

355,349

-

-

355,349

Payments to Suppliers

(19,546)

(242,461)

(52,557)

-

(432,290)

(1,009,721)

(1,756,575)

Net Cash Flows - Operating Activities

1,679,754

1,156,794

616,543

355,349

222,710

113,894

4,145,044

CASH FLOWS - NONCAPITAL FINANCING ACTIVITIES Payment Paid on Interfund Loan Interest Paid on Interfund Loan

- - - -

(110,000) (11,000)

- - - -

- - - -

- - - -

- - -

(110,000) (11,000)

Transfer from Other Funds Transfer to Other Funds

475,000

475,000

-

(350,000)

(350,000)

Net Cash Flows - Noncapital Financing Activities

-

354,000

-

-

-

(350,000)

4,000

CASH FLOWS - CAPITAL AND RELATED FINANCING ACTIVITIES Intergovernmental Capital Grant Principal paid on Leases and SBITA Proceeds from Disposal of Capital Assets

-

49,313

- - -

- - - -

-

- - -

49,313

(27,022)

- -

(184,625)

(211,647)

99,113

1,717

100,830

Acquisition of Capital Assets

(2,233,575)

(865,557)

(44,686)

-

(1,000)

(3,144,818)

Net Cash Flows - Capital and Related Financing Activities

(2,161,484)

(816,244)

(44,686)

-

(182,908)

(1,000)

(3,206,322)

CASH FLOWS - INVESTING ACTIVITIES Interest Received (Loss)

382,321

223,862

141,214

131,502

61,413

192,490

1,132,802

Net Cash Flows - Investing Activities

382,321

223,862

141,214

131,502

61,413

192,490

1,132,802

(99,409)

918,412

713,071

486,851

101,215

(44,616)

2,075,524

Net Change in Cash and Cash Equivalents

CASH AND CASH EQUIVALENTS Beginning of Year

7,439,896

4,133,805

2,291,326

2,281,873

1,140,595

3,731,820

21,019,315

$ 7,340,487

$ 5,052,217

$ 3,004,397

$ 2,768,724

$ 1,241,810

$ 3,687,204

$ 23,094,839

End of Year

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH FLOWS - OPERATING ACTIVITIES Operating Income (Loss) Adjustments to Reconcile Operating Income (Loss) to Net Cash Flows - Operating Activities:

$

665,669

$ 378,639

$ 165,421

$

-

$

(3,555)

$ 137,842

$ 1,344,016

Depreciation/Amortization Expense

1,014,085

809,505

451,862

-

256,210

-

2,531,662

Changes in:

Accounts Receivable

- - - - - -

17,963

- - -

- - - - -

- -

20,539

38,502

Due from Other Governments Due to Other Governments Accounts and Contracts Payable

(49,313)

- -

(49,313)

- - - -

3,711

3,711

(740)

(27,863) (5,793)

(53,172)

(81,775)

Prepaid Expenses

- -

8,685

2,892

Compensated Absences Payable

355,349 355,349

-

-

355,349

Total Adjustments

1,014,085

778,155

451,122

226,265

(23,948)

2,801,028

Net Cash Flows - Operating Activities

$ 1,679,754

$ 1,156,794

$ 616,543

$ 355,349

$ 222,710

$ 113,894

$ 4,145,044

NONCASH INVESTING, CAPITAL AND FINANCING ACTIVITIES Transfer of Capital Assets Acquisition of Capital Assets on Account Issuance of SBITA Right-to-use Assets

$

86,801

$ 60,807

$

-

$

-

$

-

$

-

$

147,608

(188,968)

(574,013)

(19,111)

- - -

- - -

-

(782,092)

- -

- -

- -

228,631

228,631

Issuance of SBITA Liability

(228,631)

(228,631)

142