2026 Budget for the City of Shakopee

134

INTERNAL SERVICE FUND

The Internal Service Funds are used to account for the financing of major mobile equipment, major governmental buildings, park assets, information technology items and insurance.

SUMMARY EQUIPMENT I.S. FUND

PARK ASSET I.S. FUND

INFO TECH I.S. FUND

REVENUES: OPERATING REVENUES EXPENSES: OPERATING EXPENSES

1,875,000

709,100

675,000

(3,979,000)

(1,235,000)

(828,000)

DEPRECIATION

0

0

0

OPERATING INCOME (LOSS)

(2,104,000)

(525,900)

(153,000)

NON-OPERATING INCOME NON-OPERATING EXPENSES

215,000

200,000

25,000

0

0

0

NET INCOME (LOSS) BEFORE TRANSFER

(1,889,000)

(325,900)

(128,000)

CAPITAL CONTRIBUTION

0 0 0

0

0 0 0

TRANSFERS IN TRANSFERS OUT NET INCOME (LOSS)

150,000 (300,000) 475,900

1,889,000

128,000