2025 Budget for the City of Shakopee

92

2025 Annual Budget

Company: ECONOMIC DEVELOPMENT AUTHORITY

REQUESTED BUDGET 2025

OBJECT ACCOUNT

ACTUAL 2022

ACTUAL 2023

BUDGET 2024

02190 - ECONOMIC DEVELOPMENT AUTHORITY REVENUES: 4011 - CURRENT PROPERTY TAX

(459,526.26)

(439,707.91)

(500,000.00)

(500,000.00)

4013 - MARKET VALUE CREDIT 4015 - FISCAL DISPARITIES

(49.12)

(41.20)

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

(34,862.30)

(53,604.79)

4020 - MOBIL HOME TAX

(6.59)

(4.07)

4025 - PAYMENT IN LIEU OF TAXES 4031 - EXCESS TAX INCREMENT

(934.32)

(896.27)

0.00 (74,001.42)

4040 - OTHER TAXES

(0.52)

(26.74)

TAXES

(495,379.11)

(568,282.40)

(500,000.00)

(500,000.00)

4243 - MISC LICENSE LICENSES AND PERMITS 4450 - STATE GRANTS & AIDS 4490 - OTHER GRANTS/AIDS

0.00 0.00

0.00 0.00

0.00 (23,250.00)

(240,476.01) (315,512.68) (555,988.69)

0.00

4705 - SPUC REVENUE CONTRIBUTION

(332,058.59) (355,308.59)

(300,000.00) (300,000.00)

(330,000.00) (330,000.00)

INTERGOVERNMENTAL

4588 - BUSINESS SUBSIDY APP FEE

0.00

0.00 (12,000.00)

0.00

4766 - GENERAL ADMISSIONS CHARGES FOR SERVICES

(29,148.80) (29,148.80) (11,805.24) 64,500.46

(23,995.90) (23,995.90) (42,333.72) (4,509.66)

(29,000.00) (41,000.00)

(28,000.00) (28,000.00)

4833 - INTEREST

(1,000.00)

(1,000.00)

4834 - CHANGE IN FAIR MARKET VALUE

0.00 0.00 0.00

0.00 0.00 0.00

4850 - MISCELLANEOUS 4855 - SALE OF ASSETS

0.00

0.00

0.00 (12,000.00)

MISCELLANEOUS

52,695.22 (58,843.38)

(1,000.00)

(1,000.00)

REVENUES

(1,027,821.38) (1,006,430.27)

(842,000.00)

(859,000.00)

EXPENDITURES: 6002 - WAGES

123,479.44 166,954.24 196,600.00 206,900.00 123,479.44 166,954.24 196,600.00 206,900.00

WAGES

6122 - PERA 6124 - FICA

10,524.03 10,350.68 15,711.79

13,897.74 13,514.16 15,095.03

14,700.00 15,000.00 9,400.00

15,500.00 15,800.00 10,800.00

6135 - HEALTH

6139 - POST EMPLOYMENT HEALTH PLAN

630.00 349.80 588.00 882.63

810.02 458.38 717.60

500.00 300.00 500.00 800.00

500.00 400.00 500.00 800.00

6140 - LIFE/LTD 6145 - DENTAL

6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES

1,197.15 2,009.70 47,699.78

4,444.19 43,481.12

2,000.00 43,200.00

2,200.00 46,500.00

BENEFITS

WAGES & BENEFITS

166,960.56 214,654.02 239,800.00 253,400.00

6202 - SUPPLIES 6213 - MEETINGS 6310 - ATTORNEY

3,006.49 1,023.37 6,135.00

3,744.83 10,987.97 3,761.00

3,400.00 2,500.00 25,000.00 50,000.00

3,500.00 3,000.00 25,000.00 50,000.00

6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE

0.00 0.00

0.00 0.00

0.00

0.00