2023 City of Shakopee Budget

162

2023 Annual Budget

Capital Improvement Fund

Fund:

Description of Services:

The Capital Improvement Fund is for the various infrastructure projects in the City. These services are overseen by the Public Works Director/City Engineer with the assistance of other staff as required.

Budget:

Actual

Actual

Budget

Budget

Expenditures by Category Supplies and Services

2020

2021

2022

2023

393,546 12,100

190,612

- -

- -

Miscellaneous Capital Outlay

-

5,539,683

3,265,132

17,262,400

8,647,000

Totals

5,945,329 $

3,455,744 $

17,262,400 $

8,647,000 $

Dedicated Revenues

3,792,245 $

2,998,006 $

12,786,600 $

6,235,596 $

Expenditures by Category and Dedicated Revenue

$- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000 $20,000,000

Capital Outlay Miscellaneous

Supplies and Services Dedicated Revenues

Actual 2020

Actual 2021

Budget 2022

Budget 2023

Key Measures:

Actual

Actual

Projected

Projected

2020

2021

2022

2023

Number of Projects Total Overlay Projects

7

6

11

11

1,726,000 3,607,000

2,222,600 1,004,900

1,660,000 2,725,000

3,000,000 2,575,000

Total Reconstruction Projects