2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

SCHEDULE OF REVENUES, EXPENDITURES AND For the Year Ended December 31, 2023 BUDGET AND ACTUAL - GENERAL FUND CHANGES IN FUND BALANCES -

Variance with Final Budget - Over (Under)

Final Budget Original and

Actual

Amounts

REVENUES Taxes

General Property Fiscal Disparities

$ 18,095,000

$ 18,080,675

$

(14,325) (126,574) (15,581)

2,457,500 386,000

2,330,926 370,419

Franchise Aggregate

-

8,596

8,596

Total Taxes

20,938,500

20,790,616

(147,884)

Special Assessments

2,000

56,189

54,189

Licenses and Permits

3,432,700

6,393,008

2,960,308

Intergovernmental Revenues Federal Grants

16,000 530,000 300,000 670,000

158,624 582,174 391,069 780,538 29,114

142,624 52,174 91,069 110,538 29,114 425,519 690,427 26,050 256,412 405,346

Police Aid Fire Aid State Grants

Other Grants and Aids

-

Total Intergovernmental Revenues

1,516,000

1,941,519

Charges for Services

General Government

3,281,000 962,800 1,037,200 2,462,400 7,743,400

3,971,427 988,850 1,293,612 2,867,746 9,121,635

Public Safety Public Works

Parks and Recreation

Total Charges for Services

1,378,235

Fines and Forfeitures

1,700

327,215

325,515

Miscellaneous Revenues Investment Income

290,000 20,000 10,700 12,700 333,400

1,029,039

739,039

Contributions and Donations

29,721

9,721

Rents Other

598

(10,102) 395,836

408,536 1,467,894 40,098,076

Total Miscellaneous Revenues

1,134,494 6,130,376

Total Revenues

33,967,700

EXPENDITURES General Government Current: Mayor and Council

$

212,300 2,387,200 420,700 1,078,400 673,700 650,100 128,200

$

175,972 2,322,214 452,877 1,063,151 587,877 670,735

$

(36,328) (64,986) 32,177 (15,249) (85,823) 20,635 (94,196)

Administration

City Clerk Finance Planning

Government Buildings

Unallocated

34,004 70,177

Capital Outlay

66,300

3,877

Total General Government

5,616,900

5,377,007

(239,893)

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