2026 Budget for the City of Shakopee

139

2026 Annual Budget

Company: PARK ASSET I.S. FUND

REQUESTED BUDGET 2026

OBJECT ACCOUNT

ACTUAL 2023

ACTUAL 2024

BUDGET 2025

07805 - PARK ASSET I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES)

(635,900.04) (635,900.04)

(659,100.00) (659,100.00)

(669,100.00) (669,100.00)

(709,100.00) (709,100.00)

OPERATING REVENUES

OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE

430,052.22 445,918.64

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

6202 - SUPPLIES 6215 - MATERIALS 6310 - ATTORNEY

0.00

0.00 0.00 0.00 0.00 0.00

1,583.25

980.00

6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE

0.00 0.00

6327 - PROFESSIONAL SERVICES

19,402.00 42,214.75

12,775.00

6765 - IMPROVEMENTS/INFRASTRUCTURE

59,741.87 175,000.00 1,235,000.00

OPERATING EXPENSES

494,232.22 518,435.51 175,000.00 1,235,000.00

OPERATING (INCOME) LOSS

(141,667.82)

(140,664.49)

(494,100.00)

525,900.00

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

(50,433.77) (51,750.25)

(65,461.36) (34,933.15)

(32,500.00)

(50,000.00)

0.00 0.00

0.00 0.00

4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS

0.00 0.00

0.00 0.00 0.00

0.00 (150,000.00)

8102 - NET BOOK VALUE

62,233.04 (39,950.98)

0.00

0.00

NONOPERATING (REVENUES) EXPENSES

(100,394.51)

(32,500.00)

(200,000.00)

CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS

2,390.25 2,390.25

0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00

0.00 0.00

CAPITAL CONTRIBUTIONS

8013 - TRANSFER IN FROM ENTERPR FUND 8019 - TRANSFER IN FROM CAPITAL FUND 8053 - TRANSFER OUT TO GENERAL FUND 8056 - TRANSFER OUT TO CAPITAL FUNDS

0.00 0.00 0.00

0.00 (150,000.00)

0.00 0.00

0.00 0.00

280,000.00 280,000.00

0.00 300,000.00 0.00 150,000.00

TRANSFERS

CAPITAL CONTRIBUTIONS AND TRANSFERS

282,390.25

0.00

0.00 150,000.00

CHANGE IN NET POSITION

100,771.45 (241,059.00)

(526,600.00)

475,900.00