2026 Budget for the City of Shakopee

30

2026 Annual Budget

GENERAL FUND DETAIL

Object Account

Actual 2023

Actual 2024

Budget 2025

Requested Budget 2026

01000 - GENERAL FUND REVENUES:

0.00

0.00

0.00

0.00

4011 - CURRENT PROPERTY TAX 4012 - DELINQUENT PROPERTY TAX 4013 - MARKET VALUE CREDIT

(18,184,893.36) (20,123,259.21) (21,038,150.00) (22,216,480.00)

0.00

0.00 195,700.00 195,600.00

(1,988.94)

(1,889.26)

0.00

0.00

4015 - FISCAL DISPARITIES 4020 - MOBIL HOME TAX

(2,330,925.56) (2,226,685.98) (2,317,000.00) (2,309,000.00)

(190.51)

(185.52)

0.00

0.00

4025 - PAYMENT IN LIEU OF TAXES 4031 - EXCESS TAX INCREMENT

(43,284.55)

(44,171.13)

(39,000.00)

(40,000.00)

0.00 (70,652.16)

0.00

0.00

4032 - TAX ABATEMENT

157,166.00 (7,482.80) (8,595.68) (357,688.22) (12,730.70)

84,806.00 120,000.00 120,000.00

4035 - TAX PENALTY AND INTEREST

(6,053.38) (8,193.25)

(5,000.00)

(5,000.00)

4040 - OTHER TAXES

0.00

0.00

4202 - CABLE FRANCHISE 4203 - TRACK FRANCHISE

(322,029.93) (12,483.70)

(350,000.00) (13,000.00)

(315,000.00) (12,000.00)

TAXES

(20,790,614.32) (22,730,797.52) (23,446,450.00) (24,581,880.00)

4110 - SPECIAL ASSESSMENT PRINCIPAL 4111 - SPECIAL ASSESSMENT INTEREST

(50,722.14) (4,186.06)

(17,429.65) (1,218.51)

(15,000.00) (2,000.00)

(15,000.00) (2,000.00)

4112 - SPECIAL ASSESSMENT PENALTY & INTEREST 4120 - SPECIAL ASSESSMENT PREPAYMENTS

(273.79)

(285.80) (773.90)

0.00 0.00

0.00 0.00

(1,007.71) (56,189.70) (48,860.00) (192,542.50) (2,830.00) (14,600.00) (10,110.00) (17,694.00) (1,734,220.63)

SPECIAL ASSESSMENT

(19,707.86)

(17,000.00)

(17,000.00)

4210 - RENTAL HOUSING LICENSE

(203,260.00) (220,304.56) (3,684.14) (14,800.00) (10,895.00) (18,004.00) (928,227.31) (675,626.77) (390,916.49) (182,559.52) (243,733.18) (244,696.90) (97,983.12) (53,232.20) (363,630.69) 0.00

(125,000.00) (200,000.00) (1,800.00) (11,600.00) (10,000.00) (12,100.00) (875,000.00) (450,000.00) (100,000.00) (607,250.00) (200,000.00) (180,000.00) (200,000.00) (250,000.00) (40,000.00) (45,000.00) 0.00

(150,000.00) (200,000.00) (2,000.00) (12,000.00) (11,000.00) (136,500.00) (900,000.00) (600,000.00) (175,000.00) (662,500.00) (300,000.00) (200,000.00) (200,000.00) (190,000.00) (75,000.00) (48,000.00) (20,000.00) (110,000.00) (400,000.00) (16,000.00) (130,250.00) (699,000.00) (390,000.00) (630,000.00) (45,000.00) 0.00

4220 - LIQUOR LICENSE 4230 - BEER LICENSE 4240 - TOBACCO LICENSE 4242 - ANIMAL LICENSES

4243 - MISC LICENSE

4251 - BUILDING PERMITS-NON-RESIDENTI 4252 - BUILDING PERMITS-NEW RESIDENTI

(621,109.67) (1,219,544.95)

4255 - RE-ROOF PERMIT

(573,127.69)

4256 - WINDOWS-DOORS-RESIDING

0.00

4259 - PLAN REVIEW FEE-NON-RESIDENTIA 4260 - PLAN REVIEW FEE-NEW RESIDENTIA 4261 - PLUMBING PERMITS 4265 - MECHANICAL PERMITS 4267 - ELECTRICAL PERMITS 4272 - SEWER & WATER PERMITS 4274 - FIRE INSPECTION PERMITS 4275 - RENTAL HOUSING INSPECTIONS

(999,855.15) (242,265.79) (281,956.08) (379,981.62) (437,814.50) (48,111.78) (60,191.61)

0.00

0.00 (25,000.00)

4280 - ROW PERMITS

(112,960.65) (614,775.39)

(159,227.16) (511,776.06)

(110,000.00) (368,000.00)

4299 - ELECTRONIC RECOVERY FEE

LICENSES AND PERMITS

(6,393,007.06) (5,542,102.05) (3,810,750.00) (4,392,000.00)

4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS 4460 - STATE AID - MAINT 4462 - STATE AID - FIRE 4465 - STATE AID - POLICE

(158,624.59) (208,759.67) (571,778.00) (391,069.29) (532,674.27) (49,499.72)

(123,422.59) (658,674.46) (623,609.00) (447,447.91) (600,112.87) (47,641.19)

(16,000.00) (213,000.00) (624,000.00) (345,000.00) (530,000.00) (50,000.00)

4467 - POLICE TRAINING REIMBURSEMENT