2020 Comprehensive Annual Financial Report

CITY OF SHAKOPEE

Table 7

PRINCIPAL TAXPAYERS

Current Year and Nine Years Ago

2020

2011

Percentage of Total Tax Cap.

Percentage of Total Tax Cap.

2019/20

2010/11

Tax Cap.

Tax Cap.

Taxpayer

Type of Business

Value

Rank Value

Value

Rank

Value

RELP Shakopee

Distribution

1,386,750 $

1

2.25%

Duke Realty Limited Partner.

Manufacturing

851,734

2

1.38%

Rahr Malting

Grain Processing

795,913

3

1.29%

$

407,270

2

0.96%

Xcel Energy

Electrical Generation

723,786

4

1.17%

552,894

1

1.30%

Rosemount Inc

Manufacturing

603,244

5

0.98%

WOP Addison LLC

Apartments

569,804

6

0.92%

Liberty Properties LP

Distribution

542,358

7

0.88%

J & J Minneapolis LLC

Manufacturing

541,144

8

0.88%

Seagate Technology LLC

Manufacturing/Research

506,424

9

0.82%

399,250

3

0.94%

St. Francis RMC

Health Care

499,752

10

0.81%

358,500

7

0.84%

Shakopee Crossing LTD

Retail

372,370

4

0.88%

Mattson, Charles W

Manufacturing

363,250

5

0.85%

Valleyfair

Amusement Park

361,371

6

0.85%

Ryan Companies

Property Management

333,450

8

0.78%

Shakopee Valley Market

Retail

329,750

9

0.78%

Canterbury Park

Horse Racing

324,236

10

0.76%

7,020,909 $

11.38% 3,802,341 $

8.94%

Source: Scott County Auditor

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