2023 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

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

TABLE OF CONTENTS (CONTINUED)

SECTION III

STATISTICAL SECTION

Financial Trends:

Net Position by Component........................................................................................... Changes in Net Position................................................................................................. Fund Balances – Governmental Funds.......................................................................... Changes in Fund Balances – Governmental Funds...................................................... Tax Capacity and Estimated Actual Value of Taxable Property.................................. Property Tax Levies and Collections............................................................................ Direct and Overlapping Property Tax Rates................................................................. Principal Taxpayers........................................................................................................ Ratio of Outstanding Debt by Type............................................................................... Ratio of General Bonded Outstanding.......................................................................... Direct and Overlapping Governmental Activities Debt................................................ Legal Debt Margin Information.....................................................................................

9 164 10 165 11 167 160 6 161 7 162 8 163 12 168 5 1 152 2 154 3 156 4 158

Revenue Capacity:

Debt Capacity:

Demographic and Economic Information:

Operating Indicators by Function/Program................................................................... 16 174 Capital Asset Statistics by Function/Program............................................................... 17 176 Operating Information: Demographic and Economic Statistics.......................................................................... 13 170 Principal Employers....................................................................................................... 14 171 Full-Time Equivalent City Government Employees by Function/Program................ 172 15