2025 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2025

TABLE OF CONTENTS (CONTINUED)

SECTION III

STATISTICAL SECTION

Financial Trends:

Net Position by Component....................................................................................... Changes in Net Position............................................................................................ Fund Balances – Governmental Funds...................................................................... Changes in Fund Balances – Governmental Funds.................................................... Tax Capacity and Estimated Actual Value of Taxable Property................................ Property Tax Levies and Collections......................................................................... Direct and Overlapping Property Tax Rates.............................................................. Principal Taxpayers................................................................................................... Direct and Overlapping Governmental Activities Debt............................................. Legal Debt Margin Information................................................................................. Ratio of General Bonded Outstanding....................................................................... Ratio of Outstanding Debt by Type...........................................................................

9 159 10 160 11 161 155 6 156 7 157 8 158 12 162 5 1 146 2 148 150 4 152 3

Revenue Capacity:

Debt Capacity:

Demographic and Economic Information:

164 Principal Employers.................................................................................................. 14 165 Demographic and Economic Statistics....................................................................... 13

Operating Information:

Operating Indicators by Function/Program................................................................ 16 168 Capital Asset Statistics by Function/Program............................................................ 17 170 Full-Time Equivalent City Government Employees by Function/Program................ 166 15