2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS (Continued) December 31, 2023

2019A Tax Increment Bonds Debt Service

2016A GO Tax Abatement Bonds

2020A Tax Increment Bonds

ASSETS

Cash and Investments

$ 1,336,574

$

292,981

$

541,746

Special Assessments Receivable: Delinquent

- - -

- - -

- - -

Deferred

Accounts Receivable Interest Receivable

8,613

1,888

3,491

Due from Other Governments

-

-

-

Total Assets

$ 1,345,187

$

294,869

$

545,237

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities Accounts Payable

$

525

$

525

$

525

Due to Other Funds

- - -

- - -

- - -

Due to Other Governments Advance from Other Funds

Total Liabilities

525

525

525

Deferred Inflows of Resources Unavailable Revenue - Special Assessments

- -

- -

- -

Total Deferred Inflows of Resources

Fund Balances

Restricted for:

Special Revenue Debt Service Capital Projects

-

-

-

1,344,662

294,344

544,712

- - -

- - -

- - -

Assigned Unassigned

Total Fund Balances

1,344,662

294,344

544,712

Total Liabilities, Deferred Inflows of Resources and Fund Balances

$ 1,345,187

$

294,869

$

545,237

134