2020 Comprehensive Annual Financial Report

CITY OF SHAKOPEE

COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2020

TABLE OF CONTENTS

SECTION I

Page

INTRODUCTORY SECTION

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

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SECTION II

FINANCIAL SECTION

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

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