2021 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2021 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

15,750,400 $

15,750,400 $

15,916,680 $

$

166,280 (56,238) (2,702)

2,229,200 389,000

2,229,200 389,000

2,172,962 386,298

Franchise Aggregate

-

-

5,106

5,106

Total Taxes

18,368,600

18,368,600

18,481,046

112,446

Special Assessments

7,000

7,000

7,393

393

Licenses and Permits

2,139,100

2,583,100

4,640,347

2,057,247

Intergovernmental Revenues Federal Grants

16,000 485,200 275,000 665,000

1,813,184 485,200 275,000 665,000

4,588,679 488,403 306,082 722,056

2,775,495

Police Aid Fire Aid State Grants

3,203 31,082 57,056 47,796

Other Grants and Aids

-

-

47,796

Total Intergovernmental Revenues

1,441,200

3,238,384

6,153,016

2,914,632

Charges for Services

General Government

2,707,000 914,900 920,200 2,387,400 6,929,500

2,707,000 914,900 1,020,200 2,387,400 7,029,500

2,664,486 896,474 1,586,177 2,365,470 7,512,607

(42,514) (18,426) 565,977 (21,930) 483,107

Public Safety Public Works

Parks and Recreation

Total Charges for Services

Fines and Forfeitures

1,700

1,700

2,484

784

Miscellaneous Revenues Investment Income

210,000

210,000

(97,295) 25,988 10,897 81,757 21,347

(307,295)

Contributions and Donations

-

-

25,988

Rents Other

10,700 14,300 235,000

10,700 14,300 235,000

197

67,457

Total Miscellaneous Revenues

(213,653) 5,354,956

Total Revenues

29,122,100

31,463,284

36,818,240

EXPENDITURES General Government Current: Mayor and Council

$

190,300 2,044,100 373,100 982,800 625,900 601,300 131,200

$

190,600 2,103,940 400,700 991,400 885,000 604,800 131,200 435,557 5,743,197

$

161,695 1,943,958 382,342 963,845 907,435 648,801

$

(28,905) (159,982) (18,358) (27,555) 22,435 44,001 (90,773) (435,507) (694,644)

Administration

City Clerk Finance Planning

Government Buildings

Unallocated

40,427

Capital Outlay

-

50

Total General Government

4,948,700

5,048,553

118