2026 Budget for the City of Shakopee

113

2026 Annual Budget

Company: 2022A GO IMPROVEMENT BONDS

Object Account

Actual 2023

Actual 2024

Budget 2025

Requested Budget 2026

03048 - 2022A GO IMPROVEMENT BONDS REVENUES: 4011 - CURRENT PROPERTY TAX

(148,000.00) (148,000.00) (39,198.54) (16,561.43)

(121,500.00) (121,500.00) (79,506.38) (35,370.38)

0.00 0.00

0.00 0.00

TAXES

4110 - SPECIAL ASSESSMENT PRINCIPAL 4111 - SPECIAL ASSESSMENT INTEREST

(87,300.00) (30,500.00)

(85,800.00) (25,900.00)

4112 - SPECIAL ASSESSMENT PENALTY & INTEREST 4120 - SPECIAL ASSESSMENT PREPAYMENTS

(145.83)

(142.48)

0.00 0.00

0.00 0.00

(234,674.91) (290,580.71)

(5,742.30)

SPECIAL ASSESSMENT

(120,761.54)

(117,800.00)

(111,700.00)

4833 - INTEREST

(10,730.14)

(20,098.83)

0.00 0.00 0.00

0.00 0.00 0.00

4834 - CHANGE IN FAIR MARKET VALUE

6,239.31 (11,026.30)

MISCELLANEOUS

(4,490.83)

(31,125.13)

REVENUES

(443,071.54)

(273,386.67)

(117,800.00)

(111,700.00)

EXPENDITURES: 6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST

0.00 395,000.00 395,000.00 400,000.00

147,240.00 116,775.00 104,900.00

93,000.00 1,000.00

6860 - FISCAL AGENT FEES

204.50

0.00

1,000.00

DEBT SERVICE

147,444.50 511,775.00 500,900.00 494,000.00

EXPENDITURES

147,444.50 511,775.00 500,900.00 494,000.00

OTHER FINANCING: 8010 - TRANSFER IN FROM GENERAL FUND

(348,650.00) (348,650.00)

(346,000.00) (346,000.00)

0.00 0.00

0.00 0.00

TRANSFERS IN

OTHER FINANCING

(348,650.00)

(346,000.00)

0.00

0.00

Total 03048 - 2022A GO IMPROVEMENT BONDS

(644,277.04)

(107,611.67)

383,100.00 382,300.00