2022 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

Table 7

Current Year and Nine Years Ago PRINCIPAL TAXPAYERS

2013

2022

Percentage of Total Tax Cap.

Percentage of Total Tax Cap.

2021/22 Tax Cap.

2012/13 Tax Cap.

Taxpayer

Type of Business

Value

Rank Value

Value

Rank Value

MCP Shakopee LLC

Distribution

$ 1,692,696

1

2.42%

1,045,430

2

1.49%

Prologis/ Duke Realty Limited PManufacturing

Doran Canterbury I

Apartments

937,500

3

1.34%

Rahr Malting

Grain Processing

874,115

4

1.25% 410,621

2

1.05%

Rosemount Inc

Manufacturing

750,306

5

1.07%

Xcel Energy

Electrical Generation

719,133

6

1.03% 584,120 $

1

1.49%

GEP X Addison LLC

Apartments

671,260

7

0.96%

J & J Minneapolis LLC

Manufacturing

661,430

8

0.94%

Shakkin LLC

Warehouse/Manufacturing

660,120

9

0.94%

Seagate Technology LLC Manufacturing/Research

642,240 10

0.92% 399,250

3

1.02%

Shakopee Crossing LTD Retail

376,620

4

0.96%

St. Francis RMC

Health Care

358,500

5

0.92%

Canterbury Park

Horse Racing

324,236

6

0.83%

Certainteed

Manufacturing

319,250

7

0.82%

Valleyfair

Amusement Park

313,750

8

0.80%

Walmart

Retail

307,250

9

0.78%

Shakopee Valley Market

Retail

306,000 10

0.78%

$ 8,654,230

12.36% 3,699,597 $

9.45%

Source: Scott County Auditor

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