2026 Budget for the City of Shakopee

141

2026 Annual Budget

Company: INFO TECH I.S. FUND

REQUESTED BUDGET 2026

OBJECT ACCOUNT

ACTUAL 2023

ACTUAL 2024

BUDGET 2025

07806 - INFO TECH I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES)

(612,000.00) (612,000.00)

(651,999.72) (651,999.72)

(655,000.00) (655,000.00)

(675,000.00) (675,000.00)

OPERATING REVENUES

OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE

19,752.49

85,129.11

0.00 0.00

0.00 0.00

6520 - SBITA ACCUMULATE AMORTIZATION

46,641.35 158,102.25

6202 - SUPPLIES

157,629.73

19,695.12

40,000.00

45,000.00

6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6240 - EQUIPMENT REPAIR & MAINTENANCE

0.00 182,516.31 265,000.00 188,000.00

0.00

0.00

0.00

0.00

6327 - PROFESSIONAL SERVICES

65,419.36 121,850.87 233,000.00 285,000.00

6339 - CABLE/INTERNET

235.35

825.30

0.00

0.00

6410 - SOFTWARE

259,130.41 239,252.05 300,000.00 310,000.00

6420 - EQUIPMENT LEASES

0.00 0.00 0.00

50.88

0.00 0.00

0.00 0.00 0.00

6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES)

0.00

6740 - EQUIPMENT

0.00 285,000.00

OPERATING EXPENSES

548,808.69 807,421.89 1,123,000.00 828,000.00

OPERATING (INCOME) LOSS

(63,191.31)

155,422.17 468,000.00 153,000.00

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

(28,341.07) (38,628.17)

(33,969.60) (19,327.85)

(21,000.00)

(25,000.00)

0.00 0.00 0.00

0.00 0.00 0.00

6836 - SBITA INTEREST PAYMENT

2,510.09

8,936.34

4855 - SALE OF ASSETS

0.00

0.00

NONOPERATING (REVENUES) EXPENSES

(64,459.15)

(44,361.11)

(21,000.00)

(25,000.00)

CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS

0.00 (10,000.00) 0.00 (10,000.00)

0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00

CAPITAL CONTRIBUTIONS

8019 - TRANSFER IN FROM CAPITAL FUND

0.00 0.00

0.00 0.00

TRANSFERS

CAPITAL CONTRIBUTIONS AND TRANSFERS

0.00 (10,000.00)

0.00

0.00

CHANGE IN NET POSITION

(127,650.46)

101,061.06 447,000.00 128,000.00