2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

Table 10

Last Ten Fiscal Years RATIOS OF GENERAL BONDED OUTSTANDING

Net

Percentage of Actual Taxable

Percentage of

Less:

Total G.O. Bonds

Available in Debt Service

General

Total

Fiscal Year

Bonded Debt Outstanding

Value of Property

Per

Personal Income

Capita

2014

$ 9,390,000

$ 7,053,086

$ 2,336,914

0.29% $

60

0.75%

2015

5,100,000

3,085,157

2,014,843

0.14%

51

0.40%

2016

36,070,590

4,875,714

31,194,876

0.94%

775

2.74%

2017

35,284,168

4,265,148

31,019,020

0.87%

754

2.63%

2018

33,677,746

3,207,099

30,470,647

0.78%

734

2.44%

2019

36,226,324

3,147,055

33,079,269

0.79%

777

2.53%

2020

43,482,636

4,332,924

39,149,712

0.86%

896

2.79%

2021

39,730,992

1,239,273

38,491,719

0.72%

844

2.30%

2022

48,207,279

2,231,462

45,975,817

0.80% 1,000

2.57%

2023

46,077,663

3,470,018

42,607,645

0.64%

915

2.40%

Sources: 1. Metropolitan Council estimated for population. 2. Scott County Auditor 3. Details regarding the city's outstanding debt can be found in the notes to the financial statements.

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