2019 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

Years 2010 Through 2019 NET POSITION BY COMPONENT

2010

2011

2012

2013

Governmental Activities:

Net Investment in Capital Assets

111,905,152 $

114,981,955 $

115,191,768 $

118,166,525 $

Restricted Unrestricted

1,844,129 43,910,102

10,914,439 32,771,327

9,912,551 34,823,712

10,454,238 30,642,443

Total Governmental Activities Net Position

157,659,383 $

158,667,721 $

159,928,031 $

159,263,206 $

Business-Type Activities:

Net Investment in Capital Assets

115,064,968 $

$

65,080,070

$

64,124,590

$

65,181,465

Restricted Unrestricted

4,889,050 59,014,070

-

-

-

31,927,930

33,354,521

31,183,904

Total Business-Type Activities Net Position

178,968,088 $

$

97,008,000

$

97,479,111

$

96,365,369

Primary Government:

Net Investment in Capital Assets

226,970,120 $

180,062,025 $

179,316,358 $

183,347,990 $

Restricted Unrestricted

6,733,179 102,924,172

10,914,439 64,699,257

9,912,551 68,178,233

10,454,238 61,826,347

Total Primary Government Net Position

336,627,471 $

255,675,721 $

257,407,142 $

255,628,575 $

In 2010 the SPUC Funds, Water and Electric Enterprise Funds, were reported as a blended component unit of the City. In 2011, SPUC funds have been presented as discretely presented component units as it no longer met the criteria for blending. The City implemented GASB Statement No. 68 and GASB Statement No. 71 in 2015. Years prior to 2015 have not been restated.

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