2021 City of Shakopee Budget

138

2021 Annual Budget

February 1, 2021 $ 1,555,000 G.O. Improvement Bonds Series 2010A

Fund: Issuance: Maturity:

Establishment:

The bond was issued for $1,555,000 and matures on February 01, 2021. The bond was issued to fund the following construction projects: 2009 Reconstruction, 2010 Reconstruction, Bituminous Overlay and church addition road.

Key Measures:

Actual

Actual

Projected

Projected

2018

2019

2020

2021

Principal Remaining Interest Remaining

$ $

370,000 15,825

$ $

235,000

$ $

90,000

$ $

- -

7,323

2,610

Debt Levy

$

105,940

$

114,951

$

69,941

$

-

Cash Balances

$

178,852

$

174,438

$

98,934

$

-

Debt Remaining

Yearly Totals

100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000

- 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200,000

- 50,000

2018

2019

2020

2021

2018

2019

2020

2021

Interest

Principal

Principal

Interest

Staff Recommended Levy

Cash Balances