2022 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2022 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

$ 17,119,000

$ 17,119,000

$ 17,117,740

$

(1,260) (99,392) 21,058

2,222,500 383,000

2,222,500 383,000

2,123,108 404,058

Franchise Aggregate

-

-

4,690

4,690

Total Taxes

19,724,500

19,724,500

19,649,596

(74,904)

Special Assessments

4,000

4,000

76,312

72,312

Licenses and Permits

2,858,400

3,022,060

6,088,412

3,066,352

Intergovernmental Revenues Federal Grants

16,000 525,000 290,000 613,200

16,000 525,000 290,000 613,200

74,211 533,673 348,310 935,522 21,886

58,211 8,673 58,310 322,322 21,886 469,402

Police Aid Fire Aid State Grants

Other Grants and Aids

-

-

Total Intergovernmental Revenues

1,444,200

1,444,200

1,913,602

Charges for Services

General Government

2,981,000 913,800 1,022,200 2,467,800 7,384,800

2,981,000 913,800 1,022,200 2,467,800 7,384,800

3,634,694 1,056,276 543,724 2,396,709 7,631,403

653,694 142,476 (478,476) (71,091) 246,603

Public Safety Public Works

Parks and Recreation

Total Charges for Services

Fines and Forfeitures

1,700

1,700

9,271

7,571

Miscellaneous Revenues Investment Income

210,000

210,000

(770,820)

(980,820) 28,942 (10,350) 196,068 (766,160) 3,021,176

Contributions and Donations

-

-

28,942

Rents Other

10,700 12,500 233,200

10,700 12,500 233,200

350

208,568 (532,960)

Total Miscellaneous Revenues

Total Revenues

31,650,800

31,814,460

34,835,636

EXPENDITURES General Government Current: Mayor and Council

$

194,600 2,264,300 457,500 1,030,600 633,100 616,200 130,600 5,326,900

$

194,600 2,264,300 457,500 1,030,600 633,100 634,700

$

181,816 2,223,975 466,209 1,002,105 584,789 698,230

$

(12,784) (40,325)

Administration

City Clerk Finance Planning

8,709

(28,495) (48,311) 63,530 (48,320) (105,996)

Government Buildings

Unallocated

55,600

7,280

Total General Government

5,270,400

5,164,404

118