2024 Annual Comprehensive Financial Report

CITY OF SHAKOPEE

ANNUAL COMPREHENSIVE FINANCIAL REPORT FOR THE YEAR ENDED DECEMBER 31, 2024

TABLE OF CONTENTS (CONTINUED)

SECTION III

STATISTICAL SECTION

Financial Trends:

Ratio of General Bonded Outstanding....................................................................... Direct and Overlapping Governmental Activities Debt............................................. Legal Debt Margin Information................................................................................. Ratio of Outstanding Debt by Type........................................................................... Property Tax Levies and Collections......................................................................... Direct and Overlapping Property Tax Rates.............................................................. Principal Taxpayers................................................................................................... Tax Capacity and Estimated Actual Value of Taxable Property................................ Net Position by Component....................................................................................... Changes in Net Position............................................................................................ Fund Balances – Governmental Funds...................................................................... Changes in Fund Balances – Governmental Funds....................................................

12 162 10 159 11 161 9 158 154 6 155 7 156 8 157 5 146 2 148 3 150 1 4 152

Revenue Capacity:

Debt Capacity:

Demographic and Economic Information:

164 Principal Employers.................................................................................................. 14 165 Demographic and Economic Statistics....................................................................... 13

Operating Information:

Full-Time Equivalent City Government Employees by Function/Program................ Operating Indicators by Function/Program................................................................ 16 168 Capital Asset Statistics by Function/Program............................................................ 17 170 166 15