2025 Budget for the City of Shakopee

102

2025 Annual Budget

Fund: G.O. Tax Abatement Bonds, Series 2016A Issuance: $29,500,000 Maturity: February 1, 2036

Description of Services: The bond was issued for $29,500,000 and matures on February 01, 2036. The bond was issued to fund the following construction projects: Community and Ice Arena Construction.

Debt Totals by Year:

2,500,000

2,000,000

1,500,000

1,000,000

500,000

-

2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036

Principal

Interest

Staff Recommended Levy

Cash balance