2023 City of Shakopee Budget

147

2023 Annual Budget Company: 03044- 2016A GO TAX ABATEMENT BOND Object Account Actual 2020 Actual 2021 Budget 2022

Requested Budget 2023

03044 - 2016A GO TAX ABATEMENT BOND REVENUES: 4011 - CURRENT PROPERTY TAX

(2,118,000.00) (2,188,600.00) (2,189,000.00) (2,189,000.00) (2,118,000.00) (2,188,600.00) (2,189,000.00) (2,189,000.00)

TAXES

4833 - INTEREST

4,110.51 (8,851.05) (4,740.54)

(895.20) 21,827.23 20,932.03

0.00 0.00 0.00

0.00 0.00 0.00

4834 - CHANGE IN FAIR MARKET VALUE

MISCELLANEOUS

REVENUES

(2,122,740.54) (2,167,667.97) (2,189,000.00) (2,189,000.00)

EXPENDITURES:

6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST

1,150,000.00 1,205,000.00 1,265,000.00 1,330,000.00

955,081.26

896,206.26

834,500.00

789,500.00

6860 - FISCAL AGENT FEES

650.00

963.00

500.00

500.00

6890 - DEBT SERVICE - OTHER CHARGES

0.00

3,100.00

0.00

0.00

DEBT SERVICE

2,105,731.26 2,105,269.26 2,100,000.00 2,120,000.00

EXPENDITURES

2,105,731.26 2,105,269.26 2,100,000.00 2,120,000.00

OTHER FINANCING: TRANSFERS IN

0.00 0.00 0.00

0.00 0.00 0.00

0.00 0.00 0.00

0.00 0.00 0.00

PROCEEDS FROM DEBT ISSUED

OTHER FINANCING

Total 03044 - 2016A GO TAX ABATEMENT BOND

(17,009.28)

(62,398.71)

(89,000.00)

(69,000.00)