2019 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2019 BUDGET AND ACTUAL - GENERAL FUND CHANGES IN FUND BALANCES -

Variance with Final Budget - Over (Under)

Budget

Actual

Amounts

Original

Final

REVENUES Taxes

General Property Fiscal Disparities

14,482,500 $

14,480,800 $

14,261,908 $

$

(218,892) (136,703)

2,239,900 447,500

2,239,900 403,500

2,103,197 419,204

Franchise Aggregate

15,704 5,492

5,000

5,000

10,492

Total Taxes

17,174,900

17,129,200

16,794,801

(334,399)

Special Assessments

7,300

7,000

6,484

(516)

Licenses and Permits

1,759,700

4,299,300

4,656,994

357,694

Intergovernmental Revenues Federal Grants

20,000 18,100 441,300 258,000 569,200 125,000

18,000 18,100 477,600 278,200 698,700 126,500

24,108 18,170 477,687 267,203 751,042 35,225

6,108

PERA Aid Police Aid Fire Aid State Grants

70 87

(10,997) 52,342 (91,275) (43,665) (44,430) 57,541 (58,137) 276,919 231,893

Other Grants and Aids

Total Intergovernmental Revenues

1,431,600

1,617,100

1,573,435

Charges for Services

General Government

2,471,900 871,900 857,700 2,194,200 6,395,700

2,518,000 905,600 1,100,300 2,328,900 6,852,800

2,473,570 963,141 1,042,163 2,605,819 7,084,693

Public Safety Public Works

Parks and Recreation

Total Charges for Services

Fines and Forfeitures

1,000

7,400

8,138

738

Miscellaneous Revenues Investment Income

174,000

185,000 2,800 10,300 13,100 211,200

500,688 8,919 10,641 61,570 581,818

315,688

Contributions and Donations

500

6,119

Rents Other

10,300 13,200 198,000

341

48,470 370,618 582,363

Total Miscellaneous Revenues

Total Revenues

26,968,200

30,124,000

30,706,363

EXPENDITURES General Government Current: Mayor and Council

$

193,800 1,966,500 364,200 937,400 657,200 595,500 131,300

$

189,000 1,976,600 364,400 932,200 735,000 609,500 130,100

$

178,486 1,940,655 356,097 881,207 736,456 612,964

$

(10,514) (35,945) (8,303) (50,993)

Administration

City Clerk Finance Planning

1,456 3,464

Government Buildings

Unallocated

25,251 46,000

(104,849)

Capital Outlay

-

-

46,000

Total General Government

4,845,900

4,936,800

4,777,116

(159,684)

116