2026 Budget for the City of Shakopee

145

2026 Annual Budget

Company: SELF INSURANCE I.S. FUND

REQUESTED BUDGET 2026

OBJECT ACCOUNT

ACTUAL 2023

ACTUAL 2024

BUDGET 2025

07820 - SELF INSURANCE I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES) 4853 - INSURANCE REIMBURSEMENT

(1,323,367.94) (1,117,667.27) (1,439,700.00) (1,191,400.00)

(5,431.20)

(59,392.20)

(5,000.00)

(5,000.00)

OPERATING REVENUES

(1,328,799.14) (1,177,059.47) (1,444,700.00) (1,196,400.00)

OPERATING EXPENSES: 6352 - LIABILITY 6471 - WELLNESS PROGRAM 6610 - AWARDS & DAMAGES

857,717.86 809,933.35 1,439,700.00 1,191,400.00

0.00

0.00

1,000.00 70,000.00

1,000.00 45,000.00

100,530.33

65,938.43

OPERATING EXPENSES

958,248.19 875,871.78 1,510,700.00 1,237,400.00

OPERATING (INCOME) LOSS

(370,550.95)

(301,187.69)

66,000.00

41,000.00

NONOPERATING (REVENUES) EXPENSES: 4833 - INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4852 - INSURANCE DIVIDENDS/FEES NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS 4843 - COMMISSIONS

(69,779.15) (83,813.65)

(94,140.27) (46,316.00)

(5,000.00)

(5,000.00)

0.00 0.00

0.00 0.00

0.00

0.00

(27,053.00) (180,645.80)

(80,324.00) (220,780.27)

(20,000.00) (25,000.00)

(20,000.00) (25,000.00)

47,525.00 47,525.00

49,725.50 49,725.50

0.00 0.00

0.00 0.00

CAPITAL CONTRIBUTIONS

8053 - TRANSFER OUT TO GENERAL FUND

0.00 0.00

0.00 350,000.00 350,000.00 0.00 350,000.00 350,000.00

TRANSFERS

CAPITAL CONTRIBUTIONS AND TRANSFERS

47,525.00

49,725.50 350,000.00 350,000.00

CHANGE IN NET POSITION

(503,671.75)

(472,242.46)

391,000.00 366,000.00