2024 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

FUND BALANCES - GOVERNMENTAL FUNDS Last Ten Fiscal Years

2015

2016

2017

2018

General Fund:

Nonspendable: Prepaids

$

21,573

$

22,188

$

24,602 34,421

$

25,613 43,171

Inventories

- - -

- - -

Notes Receivable

- -

- -

Leases

Committed to:

Building Permits

-

-

-

-

Assigned

SandVenture Public Safety

- - - -

- - - -

- - - -

- - - -

Building Offical

Modular Vehicle Barriers

Unassigned

9,818,537 9,840,110

10,739,178

11,918,971

12,250,660 12,319,444

Total General Fund

$

$ 10,761,366

$ 11,977,994

$

All Other Governmental Funds Nonspendable: Prepaids

$

-

$

-

$

-

$

3,801

Restricted for: Forfeitures

180,555

186,965

221,048

195,322

DARE

-

-

-

-

SCDP Grant

4,683

4,734

10,805

18,368

Opioids Settlement

- -

- -

- -

- -

Public Safety

Revolving Loans

260,865

263,787

138,004

73,004

Local Affordable Housing Aid

-

-

-

- -

Economic Development

674,910

1,503,917 3,712,584 7,213,258

356,588

Debt Service

3,085,157 1,425,798

3,608,453 1,539,267

3,207,099 3,166,302

Capital Improvements

Assigned to:

Telecommunication Capital Improvements Capital Projects Funds

108,627

70,795

74,139

76,698

6,130,194 1,505,595 (1,715,102)

4,744,275 2,244,591

6,592,822

6,423,824

530,329

516,211

Unassigned

(39,928)

(3,241,015)

(2,823,436)

Total all Other Governmental Funds

$ 11,661,282

$ 19,904,978

$

9,830,440

$

10,857,193

150