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)

Actual

Budget

Amounts

Original

Final

EXPENDITURES (Continued) Public Safety Current: Police

9,546,000 3,104,600 1,245,100

9,731,167 3,138,700 1,361,500

9,777,256 3,167,452 1,378,898

46,089 28,752 17,398 (4,685) 87,554

Fire

Building Inspection

Capital Outlay

-

50,000

45,315

Total Public Safety

13,895,700

14,281,367

14,368,921

Public Works Current: Engineering

1,153,400 2,513,300 471,000 2,711,600 6,849,300

1,219,000 2,429,000 477,500 2,907,100 7,032,600

1,168,087 2,372,174 458,499 2,928,039 6,926,799

(50,913) (56,826) (19,001) 20,939 (105,801)

Streets

Shop

Park Maintenance

Total Public Works

Culture and Recreation Current: Recreation

4,178,400

4,288,458

4,190,443

(98,015) 28,050 (69,965)

Capital Outlay

-

-

28,050

Total Parks and Recreation

4,178,400

4,288,458

4,218,493

Current:

Total Expenditures

29,872,100

31,345,622

30,562,766

(782,856)

Excess of Revenues Over (Under) Expenditures

(750,000)

117,662

6,255,474

6,137,812

OTHER FINANCING SOURCES (USES) Transfers In

250,000

250,000

605,400

355,400

Transfers Out

-

-

(5,222,862) (4,617,462)

(5,222,862) (4,867,462)

Total Other Financing Sources (Uses)

250,000

250,000

$

(500,000)

$

367,662

1,638,012

$

1,270,350

Net Change in Fund Balances

FUND BALANCES Beginning of Year

16,133,885

17,771,897 $

End of Year

119