2025 Budget for the City of Shakopee

106

2025 Annual Budget

Fund: G.O. Tax Increment Revenue Bonds, Series 2020A Issuance: $8,165,000 Maturity: February 1, 2037

Description of Services: The bond was issued for $8,165,000 and matures on February 01, 2037. The bond was issued to fund the following construction projects: 12th Avenue Reconstruction and various public improvements within the Tax Increment Financing District No. 18 (Canterbury Commons).

Debt Totals by Year:

1,200,000

1,000,000

800,000

600,000

400,000

200,000

-

2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037

Principal

Interest

Fund Transfer

Cash balance