2021 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

Years 2012 Through 2021 NET POSITION BY COMPONENT

2012

2013

2014

2015

Governmental Activities:

Net Investment in Capital Assets

115,191,768 $

118,166,525 $

117,980,552 $

120,831,029 $

Restricted Unrestricted

9,912,551 34,823,712

10,454,238 30,642,443

7,103,581 35,302,035

7,547,490 23,939,064

Total Governmental Activities Net Position

159,928,031 $

159,263,206 $

160,386,168 $

152,317,583 $

Business-Type Activities:

Net Investment in Capital Assets

$

64,124,590

$

65,181,465

$

67,831,099

$

68,986,369

Restricted Unrestricted

-

-

-

-

33,354,521

31,183,904

28,485,814

25,981,542

Total Business-Type Activities Net Position

$

97,479,111

$

96,365,369

$

96,316,913

$

94,967,911

Primary Government:

Net Investment in Capital Assets

179,316,358 $

183,347,990 $

185,811,651 $

189,817,398 $

Restricted Unrestricted

9,912,551 68,178,233

10,454,238 61,826,347

7,103,581 63,787,849

7,547,490 49,920,606

Total Primary Government Net Position

257,407,142 $

255,628,575 $

256,703,081 $

247,285,494 $

The City implemented GASB Statement No. 68 and GASB Statement No. 71 in 2015. Years prior to 2015 have not been restated.

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