2026 Budget for the City of Shakopee

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Community Profile The City of Shakopee has a diverse tax base and employment opportunities are also diverse. There are several larger taxpayers and employers in the city that are important, but none are dominant. Shakopee is not overly reliant on one business or industry which has allowed us to weather fluctuations in the economy.

Top 10 Taxpayers

2023/24 Tax Capacity Value Rank

% of Total Tax Capacity Value

Taxpayer

MCP Shakopee LLC GEP X Addison LLC

$

1,223,406

1 2 3 4 5 6 7 8 9

1.32% 0.93% 0.81% 0.67% 0.66% 0.64% 0.62% 0.62% 0.56% 0.52% 7.35%

863,721 753,833 619,949 609,817 589,714 577,450

Rahr Malting Shakkin LLC

J & J Minneapolis LLC Seagate Technology LLC

Southwest Logistic Center, LLC

Lothenbach Properties & Challenge Printing 570,651

Xcel Energy

514,444 484,760

EXETER 2101 4th LLC

10

$

6,807,745

Source: Scott County

Top 10 Employers

Total City Employment

Employers

Employees Rank

Amazon

2,200 1 1,706 2 1,528 3 1,224 4 1,160 5 1000 6 905 7 823 8 775 9

5.06% 3.92% 3.51% 2.81% 2.67% 2.30% 2.08% 1.89% 1.78% 1.61% 27.64%

Valley Fair Emerson

School District No. 720 Cyberpower Systems

Datacard

St. Francis RMC Scott County

Imagine Print Solutions

Canterbury Park

700

10

12,021

Source: D&B Hoovers, https://app.dnbhoovers.com/, and a December 2024 best efforts contact of individual employers. This is not a comprehensive list. Some employers do not respond to inquiries.