2023 City of Shakopee Budget

166

2023 Annual Budget

Tree Replacement Fund

Fund:

Description of Services:

The Tree Replacement fund accounts for tree replacement along major corridors throughout the City. Trees provide beautification, shade and water quality and quantity benefits.

Budget:

Actual

Actual

Budget

Budget

Expenditures by Category Supplies and Services

2020

2021

2022

2023

25,557

79,244 43,078 122,322

50,000

50,000

Capital Outlay

-

-

-

Totals

$

25,557

$

$

50,000

$

50,000

Dedicated Revenues

$

9,171

$

956

$

51,000

$

50,766

Expenditures by Category and Dedicated Revenue

$140,000

$120,000

$100,000

$80,000

Capital Outlay Supplies and Services Dedicated Revenues

$60,000

$40,000

$20,000

$-

Actual 2020

Actual 2021

Budget 2022

Budget 2023

Key Measures:

Actual

Actual

Projected

Projected

2020

2021

2022

2023

# Trees Replaced

161

166

222

215

Capital Improvement Program: The City prepares a five year capital improvement program (CIP). A separate CIP document was approved by Council on October 4, 2022. The CIP book provides a summary of each project location, description and source and use of funds. The CIP book also provides a cashflow for the fund.