2026 Budget for the City of Shakopee

26

2026 Annual Budget

GOVERNMENT WIDE FUNDS

SPECIAL REVENUE FUNDS

DEBT SERVICE FUNDS

CAPITAL PROJECTS FUNDS

GENERAL FUND

TOTAL

REVENUES: TAXES

$24,581,880 $1,036,000 $2,189,000 $2,450,000 $30,256,880

SPECIAL ASSESSMENTS LICENSES AND PERMITS INTERGOVERNMENTAL CHARGES FOR SERVICES FINES AND FORFEITURES

17,000

0

111,700

550,300

679,000

4,392,000 5,617,250 6,548,180

20,000 335,000 24,000 68,000 402,500

0

750,000 5,162,000

0 22,234,800 28,187,050

0 0 0

0 6,572,180

325,200 625,700

0

393,200

MISCELLANEOUS

617,000 1,645,200

TOTAL REVENUES

42,107,210 1,885,500 2,300,700 26,602,100 72,895,510

EXPENDITURES: GENERAL GOVERNMENT

(6,577,150) (21,424,230) (8,771,130) (5,997,100)

(477,400) (167,220)

0 0

0 (7,054,550) 0 (21,591,450)

PUBLIC SAFETY PUBLIC WORKS

0 0

0 (43,006,500) (51,777,630)

PARK AND RECREATION ECONOMIC DEVELOPMENT

0 0 0

0 (5,997,100) 0 (1,435,700) 0 (237,600) 0 (3,810,200)

0 (1,435,700)

UNALLOCATED DEBT SERVICE

(237,600)

0

0

0 (3,810,200)

TOTAL EXPENDITURES (43,007,210)

(2,080,320) (3,810,200) (43,006,500) (91,904,230)

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES

(900,000)

(194,820) (1,509,500) (16,404,400) (19,008,720)

OTHER FINANCING: TRANSFERS IN TRANSFERS OUT

900,000

0 1,297,800 4,282,300 6,480,100

0 (150,000)

0

(33,000)

(183,000)

TOTAL OTHER FINANCING

900,000 (150,000)

1,297,800 4,249,300 6,297,100

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES PROPERTY TAX LEVY REQUIRED TO SUPPORT THIS BUDGET

$0 ($344,820) ($211,700) ($12,155,100) ($12,711,620)

$24,525,480 $550,000 $2,189,000 $1,500,000 $28,764,480