2026 Budget for the City of Shakopee

45

2026 Annual Budget

Division: 15- FINANCE

Object Account

Actual 2023

Actual 2024

Budget 2025

Requested Budget 2026

15 - FINANCE 6002 - WAGES

395,948.06 414,638.36 438,200.00 463,000.00

6005 - OVERTIME-FT

0.00

0.00

800.00

800.00

WAGES

395,948.06 414,638.36 439,000.00 463,800.00

6122 - PERA 6124 - FICA

30,634.25 29,425.41 53,954.52 2,160.00 1,043.38 1,915.20 2,636.67 12,163.28 0.00

31,705.40 30,332.83 62,373.45 2,160.00 1,061.88 1,795.50 2,059.42 22,661.95 0.00

32,900.00 33,600.00 74,600.00 2,200.00 1,100.00 2,200.00 2,800.00 7,900.00 0.00

34,800.00 35,500.00 68,400.00 2,000.00 2,200.00 1,200.00 2,200.00 1,600.00 8,300.00

6135 - HEALTH

6136 - PAID FAMILY LEAVE

6139 - POST EMPLOYMENT HEALTH PLAN

6140 - LIFE/LTD 6145 - DENTAL

6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES

BENEFITS

133,932.71 154,150.43 157,300.00 156,200.00

WAGES & BENEFITS

529,880.77 568,788.79 596,300.00 620,000.00

6202 - SUPPLIES

1,521.62

1,812.79

2,000.00

2,000.00

6240 - EQUIPMENT REPAIR & MAINTENANCE

0.00

0.00

0.00

0.00

6310 - ATTORNEY

1,701.50

2,296.50

1,200.00

1,600.00

6327 - PROFESSIONAL SERVICES

387,862.74 398,507.66 414,900.00 437,900.00

6332 - POSTAGE 6334 - TELEPHONE

2,039.85

2,112.33

2,600.00

2,600.00

682.40

644.15

800.00

800.00

6336 - PRINTING/PUBLISHING

3,097.96

3,256.61

2,600.00

3,300.00

6339 - CABLE/INTERNET

0.00

80.04

0.00

0.00

6351 - INSURANCE PREMIUM (IS FUND)

2,300.00

1,900.00

2,000.00

1,800.00

6410 - SOFTWARE

99,101.25 102,399.39 110,150.00 120,350.00

6415 - INFORMATION TECHNOLOGY RENT (IS FUND)

11,900.04

11,300.04

10,200.00

11,400.00

6420 - EQUIPMENT LEASES 6430 - BUILDING RENT (IS FUND)

544.38

0.00

0.00

0.00

17,700.00 4,556.91

16,599.96 4,129.76

16,000.00 7,000.00

16,100.00 7,000.00

6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES)

6476 - MILEAGE

39.43

495.19 687.00

500.00 700.00

600.00 700.00

6480 - DUES

585.00

6490 - SUBSCRIPTIONS/PUBLICATIONS

0.00

93.02

0.00

0.00

SUPPLIES AND SERVICES

533,633.08 546,314.44 570,650.00 606,150.00

6650 - CREDIT CARD FEES 6660 - BANK FEES- NSF FEE

(361.97)

(2,000.74)

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00

(30.00)

6661 - CASH SHORT

(0.05)

MISCELLANEOUS EXPENSE

(361.97)

(2,030.79)

6745 - SOFTWARE CAPITAL OUTLAY

0.00 0.00 0.00 0.00 0.00

8,354.78 8,354.78

6836 - SBITA INTEREST PAYMENT 6831 - SBITA PRINICPAL PAYMENT

209.34

2,706.66 2,916.00

DEBT SERVICE

Total 15 - FINANCE

1,063,151.88 1,124,343.22 1,166,950.00 1,226,150.00