2026 Budget for the City of Shakopee

137

2026 Annual Budget

Company: EQUIPMENT I.S. FUND

REQUESTED BUDGET 2026

OBJECT ACCOUNT

ACTUAL 2023

ACTUAL 2024

BUDGET 2025

07800 - EQUIPMENT I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES)

(1,364,700.00) (1,579,299.96) (1,699,300.00) (1,875,000.00) (1,364,700.00) (1,579,299.96) (1,699,300.00) (1,875,000.00)

OPERATING REVENUES

OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE

953,017.27 910,802.12

0.00 0.00 0.00

0.00 0.00 0.00

6530 - LEASE ACCUMULATED AMORTIZATION

8,191.59

32,766.36

6420 - EQUIPMENT LEASES

0.00

0.00

6740 - EQUIPMENT

0.00 157,439.20 1,900,300.00 3,979,000.00 961,208.86 1,101,007.68 1,900,300.00 3,979,000.00

OPERATING EXPENSES

OPERATING (INCOME) LOSS

(403,491.14)

(478,292.28)

201,000.00 2,104,000.00

NONOPERATING (REVENUES) EXPENSES: 4833 - INTEREST 4834 - CHANGE IN FAIR MARKET VALUE

(172,152.75) (178,627.46)

(215,846.44) (130,711.35)

(170,000.00)

(200,000.00)

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 0.00

4450 - STATE GRANTS & AIDS 4490 - OTHER GRANTS/AIDS 6835 - LEASE INTEREST PAYMENT

0.00 0.00

0.00 0.00

1,650.72

3,994.14

8101 - PROCEEDS CAPITAL ASSET SALES

(766,443.18)

(559,807.40)

8102 - NET BOOK VALUE

183,266.78 202,439.24

4853 - INSURANCE REIMBURSEMENT

(327.29)

(603.28)

4855 - SALE OF ASSETS

0.00 (14,200.00)

(15,000.00) (185,000.00)

(15,000.00) (215,000.00)

NONOPERATING (REVENUES) EXPENSES

(932,633.18)

(714,735.09)

CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS

(173,691.95) (173,691.95)

(156,122.86) (156,122.86)

0.00 0.00

0.00 0.00

CAPITAL CONTRIBUTIONS

TRANSFERS

0.00

0.00

0.00

0.00

CAPITAL CONTRIBUTIONS AND TRANSFERS

(173,691.95)

(156,122.86)

0.00

0.00

CHANGE IN NET POSITION

(1,509,816.27) (1,349,150.23)

16,000.00 1,889,000.00