2025 Budget for the City of Shakopee

24

2025 Annual Budget

GOVERNMENT WIDE FUNDS

SPECIAL REVENUE FUNDS

DEBT SERVICE FUNDS

CAPITAL PROJECTS FUNDS

GENERAL FUND

TOTAL

REVENUES: TAXES

$23,446,450 $951,000 $2,189,000 $2,150,000 $28,736,450

SPECIAL ASSESSMENTS LICENSES AND PERMITS INTERGOVERNMENTAL CHARGES FOR SERVICES FINES AND FORFEITURES

17,000

0 0

117,800

484,100

618,900

3,810,750 5,430,000 5,236,800

0 3,050,000 6,860,750 0 5,805,100 11,565,100

330,000 28,000 63,800 417,500

0 0

0 5,264,800

325,200 537,100

0

389,000

MISCELLANEOUS

0 1,127,600 2,082,200

TOTAL REVENUES

38,803,300 1,790,300 2,306,800 12,616,800 55,517,200

EXPENDITURES: GENERAL GOVERNMENT

(6,039,670) (19,554,190) (8,398,550) (5,558,990)

(463,000) (163,820)

0 0

0 (6,502,670) 0 (19,718,010)

PUBLIC SAFETY PUBLIC WORKS

0 0

0 (23,409,400) (31,807,950)

PARK AND RECREATION ECONOMIC DEVELOPMENT

0 0 0

0 (5,558,990) 0 (894,000) 0 (127,900) 0 (3,823,000)

0 (894,000)

UNALLOCATED DEBT SERVICE

(127,900)

0

0

0 (3,823,000)

TOTAL EXPENDITURES (39,679,300)

(1,520,820) (3,823,000) (23,409,400) (68,432,520)

EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES

(876,000)

269,480 (1,516,200) (10,792,600) (12,915,320)

OTHER FINANCING: TRANSFERS IN TRANSFERS OUT

876,000

0 1,296,300 1,342,000 3,514,300

0 (126,000)

0

(33,000)

(159,000)

TOTAL OTHER FINANCING

876,000 (126,000)

1,296,300 1,309,000 3,355,300

EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES PROPERTY TAX LEVY REQUIRED TO SUPPORT THIS BUDGET

$0 $143,480 ($219,900) ($9,483,600) ($9,560,020)

$23,355,150 $500,000 $2,189,000 $1,200,000 $27,244,150