2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - NONMAJOR GOVERNMENTAL FUNDS (Continued) For the Year Ended December 31, 2023

Capital Projects

TIF District No. 21 Shakopee Crossing

TIF District No. 19 Riverfront

TIF District No. 17 Amazon

KEB Abatement

REVENUES Taxes

$

-

$

-

$

-

$

25,179

Tax Increment

873,766

105,697

29,812

- - - - - - - -

Special Assessments Licenses and Permits Intergovernmental Charges for Services Fines and Forfeitures

- - - - - - -

- - - - - - -

- - - - - - -

Miscellaneous

Investment Income

Total Revenues

873,766

105,697

29,812

25,179

EXPENDITURES Current

General Government

- - - -

- - - -

- - - -

- - - -

Public Safety Public Works

Conservation and Natural Resources

Economic Development

398,844

171,652

26,559

25,179

Debt Service Principal

- - -

- - -

- - -

- - -

Interest and Other Charges

Capital Outlay

Total Expenditures

398,844

171,652

26,559

25,179

Excess of Revenues Over (Under) Expenditures

474,922

(65,955)

3,253

-

OTHER FINANCING SOURCES (USES) Lease Issued

- - -

- - -

- - -

- - -

Transfers In Transfers Out

Total Other Financing Sources (Uses)

-

-

-

-

Net Change in Fund Balances

474,922

(65,955)

3,253

-

FUND BALANCES Beginning of Year

(449,441)

(1,549,194)

-

-

End of Year

$

25,481

$ (1,615,149)

$

3,253

$

-

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