2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

FOR THE YEAR ENDED DECEMBER 31, 2023 ANNUAL COMPREHENSIVE FINANCIAL REPORT

TABLE OF CONTENTS (CONTINUED)

SECTION II (Continued)

FINANCIAL SECTION

Required Supplementary Information:

Notes to Required Supplementary Information............................................................ Schedule of Changes in the City’s OPEB Liability and Related Ratios...................... Schedule of City Contributions and Non Employer Contributing Entities– Fire Relief Association................................................................................................. Budget and Actual – General Fund............................................................................. Combining and Individual Fund Financial Statements and Schedules: Combining Balance Sheet – Nonmajor Governmental Funds................................ Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental Funds........................................................... Combining Statement of Net Position – Internal Service Funds............................. Combining Statement of Revenues, Expenses and Changes in Net Position – Internal Service Funds........................................................................... Supplementary Information: Schedule of Revenues, Expenditures and Changes in Fund Balance – Combining Statement of Cash Flows – Internal Service Funds.............................. Schedule of Changes in the Net Pension Liability and Related Ratios – Schedule of Component Unit Contributions General Employees Retirement Fund .. Fire Relief Association................................................................................................. General Employees Retirement Fund.......................................................................... Employees Police and Fire Retirement Fund.............................................................. Schedule of Component Units' Proportionate Share of Net Pension Liability Schedule of City's Proportionate Share of Net Pension Liability Public Schedule of City Contributions General Employees Retirement Fund ...................... Schedule of City Contributions Public Employees Police and Fire Retirement Fund Employees Retirement Fund....................................................................................... Schedule of City's Proportionate Share of Net Pension Liability General

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