2019 City of Shakopee Comprehensive Annual Financial Report

CITY OF SHAKOPEE

COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31 , 2019

TABLE OF CONTENTS

SECTION I

Page

INTRODUCTORY SECTION

Organization Chart.......................................................................................................... Letter of Transmittal....................................................................................................... Certificate of Achievement for Excellence in Financial Reporting..................................... Elected Officials and Administration................................................................................

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SECTION II

FINANCIAL SECTION

Statement of Revenues, Expenses and Changes in Net Position – Component Unit Notes to the Financial Statements............................................................................... Statement of Net Position – Component Unit......................................................... Statement of Changes in Fiduciary Net Position..................................................... Fund Balances to the Statement of Activities – Governmental Funds.................... Reconciliation of the Statement of Revenues, Expenditures and Changes in Statement of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual – General Fund....................................................................... Statement of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual – Economic Development Authority Special Revenue Fund.... Statement of Revenues, Expenses and Changes in Net Position – Proprietary Funds................................................................................................ Statement of Cash Flows – Proprietary Funds........................................................ Statement of Fiduciary Net Position....................................................................... Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds............................................................................................ Statement of Net Position – Proprietary Funds....................................................... Balance Sheet – Governmental Funds..................................................................... Reconciliation of the Balance Sheet to the Statement of Net Position – Governmental Funds............................................................................................ Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position...................................................................................... Statement of Activities........................................................................................... Management’s Discussion and Analysis (Unaudited)........................................................ Fund Financial Statements: Independent Auditor’s Report.........................................................................................

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