2024 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

COMBINING BALANCE SHEET - NONMAJOR GOVERNMENTAL FUNDS (Continued) December 31, 2024

2019A Tax Increment Bonds Debt Service

2016A GO Tax Abatement Bonds

2020A Tax Increment Bonds

ASSETS

Cash and Investments

$ 1,448,865

$

306,607

$

555,958

Special Assessments Receivable: Delinquent

- - -

- - -

- - -

Deferred

Accounts Receivable Interest Receivable

10,059

2,129

3,860

Due from Other Governments

- -

- -

- -

Prepaid Items

Total Assets

$ 1,458,924

$

308,736

$

559,818

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities Accounts Payable

$

- - - -

$

- - - -

$

- - - -

Due to Other Governments Advance from Other Funds

Total Liabilities

Deferred Inflows of Resources Unavailable Revenue - Special Assessments

- -

- -

- -

Total Deferred Inflows of Resources

Fund Balances

Nonspendable Restricted for:

-

-

-

Special Revenue

-

-

-

Debt Service

1,458,924

308,736

559,818

Capital Projects

- - -

- - -

- - -

Assigned

Unassigned

Total Fund Balances

1,458,924

308,736

559,818

Total Liabilities, Deferred Inflows of Resources and Fund Balances

$ 1,458,924

$

308,736

$

559,818

130