2026 Budget for the City of Shakopee

117

2026 Annual Budget

Company: PARK DEVELOPMENT

Object Account

Actual 2023

Actual 2024

Budget 2025

Requested Budget 2026

04020 - PARK DEVELOPMENT REVENUES: TAXES 4295 - PARK DEDICATION FEE LICENSES AND PERMITS 4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS 4461 - STATE AID - CONSTRUCTION 4482 - COUNTY GRANTS/AIDS

0.00

0.00

0.00

0.00

(3,790,800.00) (1,911,040.50) (3,000,000.00) (3,790,800.00) (1,911,040.50) (3,000,000.00)

(700,000.00) (700,000.00)

0.00 0.00 0.00

0.00

0.00 (5,000,000.00)

0.00 (1,840,000.00)

0.00

0.00 0.00 0.00

0.00 (6,460,000.00)

(102.33)

0.00

0.00

4490 - OTHER GRANTS/AIDS INTERGOVERNMENTAL

0.00

0.00 (3,564,300.00)

(102.33)

0.00 (1,840,000.00) (15,024,300.00)

4511 - ADMINISTRATIVE CHARGES 4810 - CONCESSION STANDS

0.00

0.00

0.00 0.00 0.00

0.00 0.00 0.00

(3,148.35) (3,148.35)

(5,262.33) (5,262.33)

CHARGES FOR SERVICES

4833 - INTEREST

(171,059.24) (164,340.59) (133,327.28)

(204,785.03) (145,882.87) (13,133.12)

(115,500.00)

(65,000.00)

4834 - CHANGE IN FAIR MARKET VALUE 4845 - CONTRIBUTIONS/DONATIONS

0.00

0.00

(750,000.00)

(92,000.00)

4850 - MISCELLANEOUS

(1,147.04)

4,902.00

0.00

0.00

MISCELLANEOUS

(469,874.15)

(358,899.02)

(865,500.00)

(157,000.00)

REVENUES

(4,263,924.83) (2,275,201.85) (5,705,500.00) (15,881,300.00)

EXPENDITURES: 6202 - SUPPLIES 6215 - MATERIALS 6310 - ATTORNEY

1,018.94

202.80

0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00

151,142.75

0.00

1,447.50

5,342.00

6312 - ENGINEERING/DESIGN CONSULTANTS

192,213.27 776,999.82 983,508.74 748,132.77

6327 - PROFESSIONAL SERVICES

6365 - GAS

119.32

133.69

SUPPLIES AND SERVICES

1,329,450.52 1,531,099.83

MISCELLANEOUS EXPENSE

0.00

0.00

0.00

0.00

6740 - EQUIPMENT

33,864.69 116,527.59

0.00

0.00

6765 - IMPROVEMENTS/INFRASTRUCTURE

1,426,027.37 3,705,189.40 9,261,000.00 25,710,000.00

CAPITAL OUTLAY

1,459,892.06 3,821,716.99 9,261,000.00 25,710,000.00

EXPENDITURES

2,789,342.58 5,352,816.82 9,261,000.00 25,710,000.00

OTHER FINANCING: 8013 - TRANSFER IN FROM ENTERPR FUND

0.00

0.00 0.00 0.00

0.00 (3,008,700.00) 0.00 (300,000.00) 0.00 (3,308,700.00)

8015 - TRANSFER IN FROM IS FUND

(280,000.00) (280,000.00)

TRANSFERS IN

OTHER FINANCING

(280,000.00)

0.00

0.00 (3,308,700.00)

Total 04020 - PARK DEVELOPMENT

(1,754,582.25)

3,077,614.97 3,555,500.00 6,520,000.00