2026 Budget for the City of Shakopee

138

2026 Annual Budget

Park Asset Internal Service Fund

Establishment: The Fund was established in 2007.

Description of Services: This fund finances the replacement of park assets. Financing to accomplish this is provided by "rental" payments from the park maintenance division at rates established annually by the Finance Department as part of the budget process.

Accomplishments: Replaced/updates at our current parks in 2025, all the items below are from a team effort, from city staff:

 Annual trail reconstruction: UVDD from Vierling drive to Goldenrod.  Annual fence replacement: additional fencing around Schleper Stadium

Goals/Challenges: 

Aging infrastructure and rising inflation.

Performance Measures:

Actual 2023

Actual 2024

Projected 2025

Projected 2026

# of Park Projects

4

6

2

3

Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project’s location, description and source and use of funds.