2026 Budget for the City of Shakopee

94

2026 Annual Budget

Company: ECONOMIC DEVELOPMENT AUTHORITY

REQUESTED BUDGET 2026

OBJECT ACCOUNT

ACTUAL 2023

ACTUAL 2024

BUDGET 2025

02190 - ECONOMIC DEVELOPMENT AUTHORITY REVENUES: 4011 - CURRENT PROPERTY TAX

(439,707.91)

(452,011.92)

(500,000.00)

(550,000.00)

4013 - MARKET VALUE CREDIT 4015 - FISCAL DISPARITIES

(41.20)

(37.00)

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00

(53,604.79)

(46,158.55)

4020 - MOBIL HOME TAX

(4.07)

(3.74)

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

(896.27)

(862.34)

(74,001.42)

0.00

4040 - OTHER TAXES

(26.74)

49.58

TAXES

(568,282.40)

(499,023.97)

(500,000.00)

(550,000.00)

4243 - MISC LICENSE LICENSES AND PERMITS 4450 - STATE GRANTS & AIDS 4490 - OTHER GRANTS/AIDS

0.00 0.00

0.00 0.00 0.00 0.00

0.00 (20,000.00) 0.00 (20,000.00)

(23,250.00)

0.00 0.00

0.00 0.00

0.00

4705 - SPUC REVENUE CONTRIBUTION

(332,058.59) (355,308.59)

(317,529.00) (317,529.00)

(330,000.00) (330,000.00)

(335,000.00) (335,000.00)

INTERGOVERNMENTAL

4588 - BUSINESS SUBSIDY APP FEE

0.00 (12,000.00)

0.00

0.00

4766 - GENERAL ADMISSIONS CHARGES FOR SERVICES

(23,995.90) (23,995.90) (42,333.72) (4,509.66)

(17,736.95) (29,736.95) (73,466.44) (38,522.57)

(28,000.00) (28,000.00)

(24,000.00) (24,000.00)

4833 - INTEREST

(1,000.00)

(2,000.00)

4834 - CHANGE IN FAIR MARKET VALUE

0.00 0.00 0.00

0.00 0.00 0.00

4850 - MISCELLANEOUS 4855 - SALE OF ASSETS

0.00

23.88

(12,000.00) (58,843.38)

0.00

MISCELLANEOUS

(111,965.13)

(1,000.00)

(2,000.00)

REVENUES

(1,006,430.27)

(958,255.05)

(859,000.00)

(931,000.00)

EXPENDITURES: 6002 - WAGES

166,954.24 180,937.88 206,900.00 222,200.00 166,954.24 180,937.88 206,900.00 222,200.00

WAGES

6122 - PERA 6124 - FICA

13,897.74 13,514.16 15,095.03

14,787.68 14,403.99 18,026.99

15,500.00 15,800.00 10,800.00

16,700.00 17,000.00 11,900.00

6135 - HEALTH

6136 - PAID FAMILY LEAVE

0.00

0.00

0.00

600.00 500.00 400.00 500.00 500.00

6139 - POST EMPLOYMENT HEALTH PLAN

810.02 458.38 717.60

809.97 482.35 717.60 960.49

500.00 400.00 500.00 800.00

6140 - LIFE/LTD 6145 - DENTAL

6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES

1,197.15 2,009.70 47,699.78

1,815.75 52,004.82

2,200.00 46,500.00

2,300.00 50,400.00

BENEFITS

WAGES & BENEFITS

214,654.02 232,942.70 253,400.00 272,600.00

6202 - SUPPLIES 6213 - MEETINGS 6310 - ATTORNEY

3,744.83 10,987.97 3,761.00

389.46

3,500.00 3,000.00 25,000.00 50,000.00

14,500.00 3,000.00 25,000.00 50,000.00

12,086.14 5,651.00

6312 - ENGINEERING/DESIGN CONSULTANTS

0.00

0.00