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December 02, 2025 - Council Packet
Pliaill SHAKOPE E Shakopee City Council Regular Meeting Tuesday, December 2, 2025 7:00 PM City Hall, 485 Gorman Street Vision: Shakopee is a distinctive river town with a variety of business, cultural, and recreational opportunities in a safe, welcoming, and attractive environment. Our vision is for Shakopee to continue being the place people want to live, work, and play! Mission: Our mission is to deliver high quality services essential to maintaining a safe and sustainable community. We commit to doing this cost-effectively, with integrity and transparency. 1. Call to Order 2. Roll Call 3. Pledge of Allegiance 4. Approval of Agenda 5. Consent Agenda These items are considered routine and will be enacted by one motion. There will be no separate discussion of these unless a council member or staff requests, in which event the item will be removed from the consent agenda for separate discussion & action. 5.a Purchase four skidsteer loaders Public Works; Purchase pickup truck Fire Department. 5.b Concessions Operations Policy 5.c Temporary Advertising and Sponsorship Policy 5.d SandVenture Large Yellow Slide Refinishing 5.e Remodel of the Community Center Sauna 5.f Purchase of Kompan Playground Equipment at end of the year discount. 5.g Approve the Easement Acquisition for the Boiling Springs Drainage 1 Improvements 5.h Approval of the November 18, 2025 City Council Minutes 5.i R2025-139 - Premiere Sponsorship by Metropolitan Dance Alliance 5.j R2025-138 - Event Sponsorship by Loeffler Construction Company 5.k R2025-137 - Event Sponsorship by Kraus Anderson 5.1 R2025-136 - Event Sponsorship by Lions Tap 5.m Approve Tobacco Business License Renewals for 2026 5.n Approve Pawnbroker Business License Renewals for 2026 5.o Approve the Taxicab Business License Renewals for 2026 5.p Purchase of land in the West End for Open Space to Protect the Bluff. 6. Public Comment Individuals may address the City Council about any item not on the regular agenda. Speakers are requested to come to the center table, state their name and address for the clerk's record, and limit their remarks to three minutes. The City Council will not take official action on items discussed at this time, but may refer the matter to staff for a follow up report or direct that matter be scheduled on an upcoming agenda. 7. Business removed from consent agenda 8. Public Hearings 8.a 2026 Budget & Property Tax Levy Public Meeting and Presentation 9. Recess for Economic Development Authority Meeting 10. Reconvene 11. General Business 12. Reports Liaison and Administration 12.a News and Announcements 12.b City Bill List 13. Other Business 2 14. Adjourn to December 16, 2025, at 7:00 pm 3 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.a December 2, 2025 Purchase four skidsteer loaders Public Works; Purchase pickup truck Fire Department. Bill Egan, Public Works Director Bill Egan, Public Works Director Action to be considered: Approve the purchase of three bobcat skidsteer loaders from Lano Equipment Inc., in the total amount of $27,000.00; CAT skidsteer loader from Ziegler Inc., in the amount of $11,132.05; 2026 Chevrolet Silverado 1500 truck from Karl Automotive Group and North Central, in the total amount of $60,564.78. Motion Type: Simple Majority Background: The following equipment to be replaced and purchased are included in the 2025-2026 Capital Improvement Plan (CIP): Public Works - Park, Street- Skidsteer Loaders The replacement of three skidsteer loaders Nos. sk1426 (220 hours), sk1427 (195 hours) and sk1428 (225 hours) is summarized in the attached CIP sheets Equip -25-421 and Equip -25-461. The skidsteers will be purchased under Sourcewell Contract No. 020223 through Lano Equipment Inc. The quotation form is attached and is consistent with state contract pricing. The purchase amount with trade-in for the Skidsteers is $27,000.00. Storm - CAT Skidsteer Loader The replacement of skidsteer No. sk1465 (395 Hours) is summarized in the attached CIP sheet Storm -25-005. The vehicle is being purchased under state contract No. 242476 through Ziegler Inc. The quotation form is attached and is consistent with state contract pricing. The cost of the skidsteer with trade is $11,132.05. Fire Department - 2026 Chevy Silverado Truck The replacement of 2020 Fire truck No. sk1345 (36,800 Miles) are summarized in the attached CIP sheet Equip -26-323. The vehicle and equipment is being purchased under 4 state contract Nos. 263052 and 26861. Vehicle purchase from Karl Automotive Group and set up to be performed by North Central are consistent with state contract pricing. The cost of the truck is $60,564.78. Once replaced, this vehicle will be further evaluated and rotated to replace other curent holdover vehicles that are used for city staff vehicles. The holdover vehicles that are to be replaced will then be declared surplus at a later date. Recommendation: Authorize Purchases. Budget Impact: Table 1 below provides a summary of the costs and funding for the equipment purchases, comparing the actual amounts to the CIP budgeted amounts. All equipment is funded by the Equipment Internal Service Fund and Storm Drainage Fund. Revenues from the sales of any surplus equipment will be deposited into the Equipment Internal Service Fund. Table 1. Equipment Cost and Funding Summary Equipment CIP Budget Actual Amount Skidsteer Loader $ 24,600.00 $ 27,000.00 CAT Skidsteer $ 9,900.00 $ 11,132.05 Pickup Truck $ 80,000.00 $ 60,564.78 Total $114,500.00 $ 98,696.83 Attachments: CIP 1 bobcat Street.pdf CIP 2 bobcat.pdf CITY SHAKOPEE- S66 2025 (002).docx CIP Cat.pdf CITY OF SHAKOPEE 265 ULTRA.pdf CIP Fire Equip-26-323.pdf Quotient quote_ PSU- 2026 Chevrolet 1500- Fire Inspector SK1507.pdf Karl Chev Quote #1.pdf 5 2025 thru 2029 Project Details Shakopee, MN Project # Project Name Equip -25-421 Public Works Street - Skidsteer Loader Total Project Cost $43,000 Department Equipment Internal Serv. Fund Category Public Works- Street Status Active Accounting Code 7800.1740 100042 2025 Replace SK1426 Vehicle # 2027 Replace Replace 2026 model Vehicle # 2029 Replace Replace 2028 model Vehicle # Contact Type Priority Useful Life Fund 2026 Replace Vehicle # 2028 Replace Vehicle # Public Works Director Equipment 2 - Smart to do 1 year Capital Equipment Internal Service Fund Replace 2025 model Replace 2027 model Description 2025: Replace Bobcat 5595 Skidsteer Wheel Loader from 2024. 2026: Replace Bobcat 5595 Skidsteer Wheel Loader from 2025. 2027: Replace Bobcat 5595 Skidsteer Wheel Loader from 2026. 2028: Replace Bobcat 5595 Skidsteer Wheel Loader from 2027. 2029: Replace Bobcat 5595 Skidsteer Wheel Loader from 2028. Justification Repurchase agreement: 1 -year. Annual repurchase agreements typically cost less and save on maintenance expense and time with their continuous warranty. Expenditures 2025 2026 2027 2028 2029 Total Equip/Vehicles/Furnishings 8,200 8,400 8,600 8,800 9,000 43,000 Funding Sources Total 8,200 8,400 8,600 8,800 9,000 43,000 2025 2026 2027 2028 2029 Total Equipment Internal Service Fund 8,200 8,400 8,600 8,800 9,000 43,000 Total 8,200 8,400 8,600 8,800 9,000 43,000 Produced Using Plan -It CIP Software 91 6 2025 thru 2029 Project Details Shakopee, MN Project # Project Name Equip -25-461 Public Works Park: Skidsteer Loaders Total Project Cost Department Category Status Accounting Code 2025 Replace Vehicle # 2027 Replace Vehicle # 2029 Replace Vehicle # $86,000 Equipment Internal Serv. Fund Public Works- Park Active 7800.1740 100046 SK1427, SK1428 Replace 2026 model Replace 2028 model Contact Type Priority Useful Life Fund 2026 Replace Vehicle # 2028 Replace Vehicle # Public Works Director Equipment 2 - Smart to do 1 year Capital Equipment Internal Service Fund Replace 2025 model Replace 2027 model Description 2025: Replace two Bobcat Skidsteer Wheel Loaders SK1427 and SK1428 from 2024. 2026: Replace two Bobcat Skidsteer Wheel Loaders from 2025. 2027: Replace two Bobcat Skidsteer Wheel Loaders from 2026. 2028: Replace two Bobcat Skidsteer Wheel Loaders from 2027. 2029: Replace two Bobcat Skidsteer Wheel Loaders from 2028. Justification Repurchase agreement: 1 -year. Annual repurchase agreements typically cost less and save on maintenance expense and time with their continuous warranty. Expenditures 2025 2026 2027 2028 2029 Total Equip/Vehicles/Furnishings 16,400 16,800 17,200 17,600 18,000 86,000 Total Funding Sources 16,400 16,800 17,200 17,600 18,000 86,000 2025 2026 2027 2028 2029 Total Equipment Internal Service Fund 16,400 16,800 17,200 17,600 18,000 86,000 Total 16,400 16,800 17,200 17,600 18,000 86,000 Produced Using Plan -It CIP Software 94 7 064•' Bobcat. Customer CITY OF SHAKOPEE 129 HOLMES ST S SHAKOPEE, MN, 55379-2010 Phone: +1 952 233 3824 Contact Item Name Item Number Quantity Quotation Number: JL1526288 Quote Sent Date: Nov 21, 2025 Expiration Date: Dec 21, 2025 Prepared By: Juston Lano Phone: 952-292-5227 Email: justonl@lanoequipmentinc.com Dealer Lano Equipment, Inc, Shakopee, MN 3021 133RD STREET WEST SHAKOPEE, MN, 55379-9281 Price Each Total S66 T4 Bobcat Skid Steer Loader M0347 Standard Equipment: 74.0 HP Tier 4 V2 Bobcat Engine Auxiliary Hydraulics: Variable Flow Backup Alarm Bob-Tach Bobcat Interlock Control System (BICS) Controls: Hand and Foot (Manual) Cylinder Cushioning - Lift, Tilt Engine/Hydraulic Performance De -rate Protection Glow Plugs (Automatically Activated) Selectable Joystick Controls M0347 -R01 -004 Comfort Package M0347 -P 11-007 Included: Comfort Package Includes: Enclosed HVAC Cab, Radio, Adjustable Heated Cloth Air Ride Seat, Power Bob-Tach, Instrumentation: Standard 5" Display, Engine Temperature and Fuel Gauges, Hour meter, RPM and Warning Indicators. Includes maintenance interval notification, fault display, job codes, quick start, auto idle, and security lockouts, Premium LED Lights, Keyless Start, Two -Speed Travel, 7 -Pin Attachment Control, Dual Direction Bucket Positioning, Rear Camera, Sound Reduction, Automatic Ride Control, High -Flow Hydraulics M0347 -R03 -003 10-16.5, 1 0PR, Bobcat Heavy Duty M0347 -R09 -002 Tires 68" Heavy Duty Bucket 1 60,145.71 60,145.71 Horn Lift Arm Support Lift Path: Vertical Lights, Front & Rear LED Operator Cab Includes: Adjustable Vinyl Suspension Seat, Top and Rear Windows, Parking Brake, Seat Bar and Seat Belt Roll Over Protective Structure (ROPS) meets SAE - J1040 and ISO 3471 Falling Object Protective Structure (FOPS) meets SAE - J1043 and ISO 3449, Level 1; (Level 11 is available through Bobcat Parts) Parking Brake: Wedge Brake System Tires: 31x12x16.5, 10 PR, Super Float Tires Telematics - Machine IQ - 2 -year Basics Warranty: 2 years, or 2000 hours whichever occurs first 7272679 1 Bolt -On Cutting Edge, 68" 6718006 1 839.58 10,982.14 2,375.89 0.00 1,712.00 242.55 839.58 10,982.14 2,375.89 0.00 1,712.00 242.55 Total for $66 T4 Bobcat Skid Steer Loader 76,297.87 Quote Subtotal Dealer PDI 76,297.87 150.00 8 Tariff Surcharge Freight Charges Destination Charges Dealer Assembly Charges SOURCEWELL DISCOUNT BOBCAT $66 250 HOURS Sales Total before Taxes Taxes Quote Total - USD 2,080.38 1,050.00 110.00 85.00 -24,082.37 -46,690.88 9,000.00 0.00 9,000.00 Customer Acceptance: Quotation Number: JL1526288 Purchase Order: Authorized Signature: Print: Sign: Date: Email: Tax Exempt: Y O /N O 9 2025 thru 2029 Project Details Shakopee, MN Project # Project Name Storm -25-005 Public Works Surface Water: Skidsteer Track Loader Total Project Cost $51,900 Department Storm Drainage Fund Category Vehicles Status Active Accounting Code 7300.1740 Contact Type Priority Useful Life Fund Public Works Director Equipment 2 - Smart to do 1 year Surface Water Fund Description 2025: Replace CAT 289DW Skidsteer Track Loader from 2024 2026: Replace CAT 289DW Skidsteer Track Loader from 2025 2027: Replace CAT 289DW Skidsteer Track Loader from 2026 2028: Replace CAT 289DW Skidsteer Track Loader from 2027 2029: Replace CAT 289DW Skidsteer Track Loader from 2028 Justification Re -purchase agreement: 1 -year. Annual repurchase agreements typically cost less and save on maintenance expense and time with their continuous warranty. Expenditures Equip/Vehicles/Furnishings Total Funding Sources 2025 2026 2027 2028 2029 Total 9,900 10,100 10,400 10,600 10,900 51,900 9,900 10,100 10,400 10,600 10,900 51,900 2025 2026 2027 2028 2029 Total Storm Drainage Fund 9,900 10,100 10,400 10,600 10,900 51,900 Total 9,900 10,100 10,400 10,600 10,900 51,900 Produced Using Plan -It CIP Software 232 10 ZIEGLER OK PRODUCT PURCHASE AGREEMENT DATE QUOTE 10-16-2025 I PURCHASER CITY OF SHAKOPEE ISTREET ADDRESS 485 GORMAN ST IS CITY/STATE SHAKOPEE MN COUNTY S I IOH L POSTAL CODE 55379 MOBILE I I D P NAME: T PURCHASER CONTACT: EMAIL: T O O INDUSTRY CODE: Select Industry Code EST. DELIVERY DATE: F.O.B. AT: Ziegler Branch ACCOUNT 8086300 NUMBER Sales Tax Exemption # (if applicable) PURCHASER PO NUMBER PAYMENT TERMS: All terms and payments are subject to Finance Company - OAC approval) T E NET PAYMENT ON RECEIPT OF INVOICE R . NET ON DELIVERY . I FINANCIAL SERVICES . CSC . LEASE M CASH WITH ORDER S BALANCE TO FINANCE CONTRACT INTEREST RATE PAYMENT PERIOD PAYMENT AMOUNT NUMBER OF PAYMENTS OPTIONAL BUY-OUT QUANTITY DESCRIPTION OF EQUIPMENT ORDERED / PURCHASED PRICE CAT 265 ULTRA TRACK MACHINE S/N EQ- $ 91,132.05 CAB, HEAT, AC, 2SPD, HYD-COUPLER, HIGHFLOW, ADVANCE DISPLAY BACK UP CAMERA, SIDE CAMERA, BLUE TOOTH RADIO, HEATED AND VENTED SEAT, 80" GP BUCKET CVA PARTS KIT 1000 HOUR ? @ 500 HOUR INTERVALS 2 YEAR / 2000 HOUR FULL MACHINE WARRANTY YEAR BILL OF SALE - TRADE-IN EQUIPMENT SERIAL NO. SELL PRICE $ 91 ,132.05 CAT 265 ULTRA KR402601 LESS GROSS TRADE ALLOWANCE $ 80,000.00 OTHER I $ SUBTOTAL $ 11,132.05 SALES TAX I 0.000% $ 0.00 I'UKCHASNK REPHESEN I S AND WARRAN IS ANY I HAUL -IN EOUIPMEN I IS FREE OF ALL LIENS, ENCUMBRANGES, LIABILITIES, AND ADVERSE CLAIMS OF EVERY NATURE WHATSOEVER EXCEPT AS NOTED BELOW: GROSS TRADE ALLOWANCE 80,000.00 TRADE BALANCE OWED $ OTHER $ PAYOUT TO AMOUNT OWING: CTHER $ PURCHASER TO PAYOUT O ZIEGLER INC. TO PAY OUT 0 TOTAL $ 11,132.05 PURCHASER HEREBY SELLS THE TRADE-IN EQUIPMENT DESCRIBED ABOVE TO ZIEGLER INC. SUBJECT TO THE TERMS ON PAGE 2. ❑ NEW EQUIPMENT WARRANTY New equipment is subject to a limited warranty ("Limited Warranty") as provided by the manufacturer or Seller, which will either be included in a written warranty statement with the Product or the manufacturer's standard limited warranty in force when the Product is delivered to Purchaser. Limited Warranties extend only to parts or attachments sold by manufacturer, and Purchaser's failure to follow warranty conditions may result in voiding the Limited Warranty, as further stated on Page 2. Neither manufacturer nor Seller will be responsible for any other warranty. ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, ARE DISCLAIMED AS FURTHER STATED ON PAGE 2. O USED EQUIPMENT WARRANTY ALL WARRANTIES, EXPRESS OR IMPLIED, ARE EXPRESSLY DISCLAIMED AS FURTHER STATED ON PAGE 2. All used equipment is sold "as is with all faults," and no warranty is offered except as specified here: CVA: NOTES: ORDER RECEIVED BY THIS AGREEMENT INCLUDES THE TERMS ON PAGE 2 AND WEBSITES REFERRED TO THEREIN. ZIEGLER INC. "Seller" REPRESENTATIVE REPRESENTATIVE SIGNATURE PURCHASER APPROVED AND ACCEPTED ON DATE BY PURCHASER (FIRST & LAST NAME) PURCHASER SIGNATURE PURCHASER TITLE ver. 6/26/2024 PRODUCT PURCHASE AGREEMENT 11 TERMS By purchasing or financing the equipment listed on page 1 (collectively, "Products"), Purchaser hereby agrees to the preceding and following terms (collectively, the "Terms"). 1. ACCEPTANCE. AlI sales are subject to availability of Products. Seller may accept or reject this agreement and will not be required to give any reason for rejection. Seller rejects any terms submitted by Purchaser not contained herein. Purchaser may issue a purchase order for administrative purposes only, and any terms in any purchase order are rejected, not binding on Seller, and are of no force. 2. TAXES. Purchaser agrees to pay all taxes, assessments, licenses, and governmental charges of any kind resulting on account of Purchaser's purchase, possession, or use of Products. 3. FINANCING. If Purchaser finances Products, Seller's acceptance of this agreement is subject to the approval of Seller's or Purchaser's lender, and Purchaser shall sign any security agreement and financing statement required by such lender. 4. ADDITIONAL DOCUMENTATION. On Seller's request, Purchaser shall, at its sole expense, sign and deliver all such further documents and instruments, and take all such further acts, necessary to give full effect to this agreement or otherwise required by Seller. If Purchaser fails to sign and deliver such documents or instruments to Seller, the entire balance of the purchase price will, upon Seller's tender of performance and at Seller's option, become immediately due and payable. 5. SECURITY INTEREST. To secure Purchaser's prompt and complete payment of any present and future indebtedness of Purchaser to Seller under this agreement, or any document or instrument signed in connection with this agreement, Purchaser hereby grants Seller a security interest, in Products, wherever located, whether now existing or hereafter arising from time to time, and all accessions thereto and replacements or modifications thereof, as well as all proceeds (including insurance proceeds) of the foregoing. Purchaser acknowledges that the security interest granted under this Section 5 is a purchase -money security interest under applicable law. Seller may file a financing statement to perfect the security interest, and Purchaser shall sign any statements or other documents necessary to perfect Seller's security interest. Purchaser also authorizes Seller to sign, on Purchaser's behalf, statements or other documentation necessary to perfect Seller's security interest. Seller may exercise all rights and remedies of a secured party under applicable law. 6. TITLE AND RISK OF LOSS; DELIVERY. Title and risk of loss to Products passes to Purchaser upon Delivery. "Delivery" occurs upon Seller's delivery of the Products to the carrier in the event of shipment, or Purchaser's receipt of Products at Seller's location. 7. SHIPMENT. Seller shall deliver Products FOB at the location specified on Page 1. Purchaser shall pay all shipping charges and insurance costs. 8. INSURANCE. Upon Delivery, and at all times thereafter while there is any balance due under this agreement, Purchaser shall, at its own expense, have and keep Products insured against loss by fire, theft, collision, vandalism, and any other hazard as Seller may require by an insurance company acceptable to Seller and in an amount no less than the balance due under or in connection with this agreement. On Seller's request, Purchaser shall provide Seller with a certificate of insurance from Purchaser's insurer evidencing the coverages specified in this Section. Purchaser shall provide Seller with 10 business days' advance notice in the event of cancellation or a material change in its policy. 9. BILL AND HOLD. If Purchaser requests to be billed prior to Delivery, in its sole determination, notwithstanding any provisions to the contrary herein, Purchaser assumes all risk of ownership and liability for Products as of the date of the invoice, including insuring Products in accordance with Section 8. Purchaser shall indemnify, hold harmless, and defend Seller and its parent, officers, directors, partners, members, shareholders, employees, agents, affiliates, successors, and permitted assigns against any loss or damage to Products between the invoice date and the date and time of Delivery. Purchaser acknowledges, other than Delivery, the transaction with respect to Products is complete, and there are no outstanding obligations preventing Delivery. 10. DAMAGES; MAXIMUM LIABILITY. IN NO EVENT WILL SELLER BE LIABLE FOR INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, ENCHANCED, INDIRECT, OR PUNITIVE DAMAGES, LOST PROFITS OR REVENUES, OR DIMINUTION OF VALUE, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR PRODUCTS, REGARDLESS OF: (A) WHETHER THE DAMAGES WERE FORESEEABLE; (B) WHETHER OR NOT SELLER WAS ADVISED OF THE POSSIBILITY OF DAMAGES; AND (C) THE LEGAL OR EQUITABLE THEORY (CONTRACT, TORT, OR OTHERWISE) ON WHICH THE CLAIM IS BASED. IN NO EVENT SHALL SELLER'S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT OR PRODUCTS, WHETHER ARISING OUT OF OR RELATED TO BREACH OF CONTRACT, TORT, OR OTHERWISE, EXCEED THE TOTAL OF THE AMOUNTS PAID TO SELLER UNDER THIS AGREEMENT. THE FOREGOING LIMITATIONS APPLY EVEN IF PURCHASER'S REMEDIES UNDER THIS AGREEMENT FAIL THEIR ESSENTIALPURPOSE. 11. WARRANTY LIMITATIONS. Limited Warranties do not apply where Products: (a) are subjected to abuse, misuse, neglect, negligence, accident, improper testing, improper installation, improper handling, abnormal physical stress, abnormal environmental conditions, or use contrary to any instructions issued by Seller or manufacturer; (b) have been reconstructed, repaired, or altered by any persons other than Seller or its authorized representative; or (c) have been used with any third -party product, hardware, or product that has not been previously approved in writing by Seller. Notwithstanding anything in this agreement to the contrary, Seller's liability under any Limited Warranty is discharged, in Seller's sole discretion and at its expense, by repairing or replacing any defective Products, or crediting or refunding the price of any defective Products, less any applicable discounts, rebates, or credits. 12. WARRANTY DISCLAIMER. EXCEPT FOR THE LIMITED WARRANTY IDENTIFIED ON PAGE 1, NEITHER SELLER NOR ANY PERSON ON SELLER'S BEHALF HAS MADE OR MAKES ANY EXPRESS OR IMPLIED REPRESENTATION OR WARRANTY, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE, OR OTHERWISE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. PURCHASER ACKNOWLEDGES IT HAS NOT RELIED ON ANY REPRESENTATION OR WARRANTY MADE BY SELLER, OR ANY OTHER PERSON ON SELLER'S BEHALF, EXCEPT AS SPECIFICALLY DESCRIBED ON PAGE 1. 13. TRADE-IN EQUIPMENT. Purchaser assigns, sells, transfers, and conveys title of any trade-in equipment described on Page 1 ("Trade -In Equipment") to Seller. Purchaser represents to Seller that Purchaser is the lawful owner with full authority to sell and transfer Trade -In Equipment, and that the Trade -In Equipment is free of all liens, encumbrances, liabilities, and adverse claims of every nature except as noted on Pagel. Purchaser represents and warrants that to the best of Purchaser's knowledge that the Trade -In Equipment is in compliance with federal, state, and local laws and regulations, including, but not limited to, the Clean Air Act, environmental protection laws, and/or safety laws (collectively, ("Laws"). Purchaser represents and warrants that to the best of Purchaser's knowledge that the Trade -In Equipment has not been modified, altered, or damages in any way which would impact its compliance with the Laws, including, but not limited to, emissions or safety standards. Purchaser shall indemnify, hold harmless, and defend Seller against all claims and demands of all persons who claim any interest to Trade -In Equipment and any and all claims arising from or related to Purchaser's misrepresentation or fraudulent statements related to the representations and warranties as to condition of the Trade -In Equipment. This Bill of Sale on Trade -In Equipment will be effective as of the time of Delivery to Purchaser of the replacement Products purchased hereunder, or at such earlier time that Seller obtains physical possession of the Trade -In Equipment. All trade-ins are subject to Trade -In Equipment being in "As Inspected Condition" by Seller at the time of Delivery of replacement Products. 14. DATA AND PRIVACY. Seller and its partners, affiliates, subsidiaries, and third parties, including but not limited to suppliers, manufacturers, dealers, and service providers (collectively, "Seller Parties"), collect and share information relating to products, services, and customers as detailed in Seller's Privacy Policy and applicable manufacturers' statements located at www.zieglercat.com/privacy, which are hereby incorporated into this agreement by this reference. Manufacturers' statements may be updated at any time without notice. Products equipped with telematics or other tools, applications, or devices to collect, process, and assess information, such as machine locations, operating hours, health of equipment, and basic utilization (collectively "Telematics"), whether manufactured by Caterpillar or by other companies, collect and transmit information to Seller Parties with a legitimate business reason to access the information, including but not limited to providing services and support, developing new products and services, personalizing user experiences, improving products, or compliance with legal obligations. Purchaser understands that Telematics or other tools, as applicable, may have been activated on Products by Seller or the manufacturer, and may be subject to or required by specific manufacturer user agreements available to Purchaser upon request. Purchaser consents to the collection, use, storage, processing, sharing, and disclosure of such information by Seller Parties in accordance with this agreement, Seller's Privacy Policy, and applicable manufacturers' statements. 15. INTELLECTUAL PROPERTY. All intellectual property rights in the Products, including patents, trademarks, internet domain names, works of authorship, expressions, designs, and design registrations, whether are not copyrightable, trade secrets, and all other intellectual property rights related to or associated with Products (collectively, "Intellectual Property") are the sole and exclusive property of manufacturer. Purchaser will not acquire any ownership interest in any Intellectual Property Rights under this agreement. If Purchaser acquires any Intellectual Property Rights in or relating to any Products by operation of law or otherwise, these rights are deemed and are hereby irrevocably assigned to manufacturer or its licensors, as the case may be, without further action by either party. 16. ENTIRE AGREEMENT; AMENDMENT. Purchaser may not revoke its purchase of Products. The order will not be binding upon Seller until it is accepted in writing by an authorized representative of Seller. This agreement, including the purchase order transaction terms on page 1, constitutes the entire agreement of the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, written and oral, regarding such subject matter. No modification of this agreement is effective unless it is in writing and signed by each party. 17. FORCE MAJEURE. Seller will not be liable to Purchaser, and will not be deemed to have breached this agreement, for any failure or delay in performing any term of this agreement, to the extent the failure or delay is caused by or results from acts beyond Seller's control, including acts of God, flood, fire, earthquake, explosion, war, invasion, hostilities, terrorist threats or acts, riot or other civil unrest, requirements of law, embargoes or blockades, actions by any governmental authority, national or regional emergencies, labor stoppages or slowdowns or other industrial disturbances, delays in manufacture, supply shortages, or shortages of adequate power or transportation facilities (collectively, "Force Majeure Events"). Any Force Majeure Event that has an adverse effect on Seller's ability to perform will absolve Seller from any liability to Purchaser. 18. DISPUTES. Purchaser shall pay Seller's legal fees, court costs, and any other costs of recovery incurred in enforcing the terms of this agreement. This agreement is governed by and to be construed in accordance with the laws of the State of Minnesota, without regard to its principles of conflicts of law. If legal action is brought to enforce this agreement, the Federal District Court of Minnesota (4th Division) or Hennepin County District Court (4th Judicial District) will be the exdusive jurisdiction and venue for said action unless Seller, in its sole discretion, commences proceedings in a different jurisdiction or venue. 19. UCC. All terms used but not defined in this agreement that are defined in the Minnesota Uniform Commercial Code, as amended from time to time (the "UCC") have the meanings set forth in the UCC, and such meanings will automatically change at the time any amendment to the UCC, which changes such meanings, becomes effective. 20. COUNTERPARTS. This agreement may be separately signed by Seller and Purchaser in any number of counterparts, each of which, when signed and delivered, will be deemed to be an original, and all of which will constitute the same agreement. 21. ELECTRONIC SIGNATURES. Purchaser agrees that the Electronic Signatures (whether digital or encrypted) included in this agreement are intended to authenticate this writing and have the same effect as manual signatures. "Electronic Signature" means any electronic sound, symbol, or process attached to or logically associated with a record and executed and adopted by a person with the intent to sign the record, including facsimile or email electronic records, in accordance with the Uniform Electronic Transactions Act, Minnesota Statutes 325L.01 -325L.19, as amended from time to time. A signed copy of this agreement delivered by facsimile, email, or other means of electronic transmission is deemed to have the same legal effect as delivery of an original signed copy of this agreement. 12 ver. 6/26/2024 PRODUCT PURCHASE AGREEMENT 2 of 2 CATERPILLAR® DIGITAL AUTHORIZATION CATERPILLAR TELEMATICS DATA AND CAT REMOTE SERVICES -SOFTWARE UPDATES PROCESS FOR SELECT PRODUCT LINK TELEMATICS AND CAT EQUIPMENT CONTROL MODULE SOFTWARE. Customer equipment has installed devices that transmit data to Caterpillar Inc. ("Caterpillar"). Data transmitted to Caterpillar is used in accordance with Caterpillar's Data Governance Statement ("DOS"), which describes Caterpillar's practices for collecting, sharing and using data and information related to customers machines, products, Devices or other Assets and their associated worksites. The DGS can be reviewed at https://www.caterpillar.com/en/legal-notices/data-governance-statement.html. Caterpillar's process for performing remote diagnostics and making available remote software and firmware updates and upgrades, such as configuration, patches, bug fixes, new or enhanced features, etc., for Assets and Devices is described in the Cat® Remote Services — Software Update Process for select ProductLinkTM Telematics and Cat Equipment Control Module Software document (the "RSP Document"). The RSP Document can be reviewed at https://www.cat.com/remoteservicesprocess? ga=2.245276421.1412167159.1561985855-475983137.1559312215. Company acknowledges and agrees to data transmission to Caterpillar via devices installed on Company equipment or by other means as outlined and described in the DGS, and grants to Caterpillar the right to collect, use, and share such information, including to its Distribution Networks or other affiliates, in accordance with the Caterpillar Data Governance Statement. Company's authorization also applies to any data and information previously collected by Caterpillar. AGREE n DECLINE n Company acknowledges and agrees to participate in Remote Services (including, remote diagnostics and remote updates and upgrades) and authorizes Caterpillar to remotely access, program, and install updates and upgrades for Company's Assets and Devices in accordance with the Remote Services Process Document. AGREE n DECLINE ri The rights granted in this authorization survive the termination or expiration of the Company's subscriptions to any Digital Offerings. Except as set out in a written agreement between Company and Caterpillar expressly referencing the Data Governance Statement, this authorization supersedes and replaces any other authorizations with regard to the subject matter hereof. Company (Print) Company Representative (Print) Signature Date FOR DEALER USE ONLY Company UCID Company Representative CWS ID Main Store Dealer Code Dealer Representative Name Dealer Representative CWS ID Caterpillar: Confidential Green Page 1 of 1 13 2026 thru 2030 Project Details Shakopee, MN Project # Project Name Equip -26-323 Fire: Administration Vehicle Total Project Cost $80,000 Department Equipment Internal Serv. Fund Category Fire Status Active Accounting Code 7800.1740 100032 2026 Replace Vehicle SK1345 Contact Fire Chief Type Equipment Priority 2 - Smart to do Useful Life 6 years Fund Capital Equipment Internal Service Fund Description Replace 2020 fire administration vehicle SK1345 with accessories/setup. Justification Replacement schedule: 6 years Expenditures 2026 2027 2028 2029 2030 Total Equip/Vehicles/Furnishings 80,000 0 0 0 0 80,000 Total Funding Sources 80,000 0 0 0 0 80,000 2026 2027 2028 2029 2030 Total Equipment Internal Service Fund 80,000 0 0 0 0 80,000 Total 80,000 0 0 0 0 80,000 Produced Using Plan -It CIP Software 94 14 QUOTE NUMBER 28097 DATE November 18, 2025 EXPIRY DATE December 18, 2025 at 8:00 AM I Download PDF NC NORTH CENTRAL FROM Chris Wallberg North Central Upfitting 25112 22nd Ave, St Cloud 4821 Mustang Circle, Mounds View www.northcentralinc.com PHONE (320) 251 7252 FOR Shakopee Fire Department TO Dave Giddings COPY TO John Tietz PSU- 2026 Chevrolet 1500- Fire Inspector SK1507 PRICING REFLECTS STATE CONTRACT L-336 (5) VIN:TBD 2026 CHEVY SILVERADO 1500 CUSTOMER SUPPLYING DROP IN REAR STORAGE SKID TO BE INSTALLED BY THEM BEFORE THE VEHICLE IS BUILT BY NORTH CENTRAL RE -USED PARTS CUSTOMER HAS A NEW LEGACY 54" DUO WITH STRAP KITS THAT WAS REMOVED FROM ANOTHER VEHICLE TO BE USED ON THIS BUILD. WHEC399-7 WHELEN CORE WITH SIREN SPEAKER, BRACKET AND CONTROL HEAD AND OBD CONNECTOR SCANPORT C399, CCTL7, SA315U, SAKI and SCANPORT ®67®FBI�i■�� w""'" mOdiE BREEZE CI IIIlra 1,180.00 xl 1,180.00 WHECEM16 WHELEN CEM16 EXPANSION MODULE TO BE USED UNDERHOOD FOR ALL FRONT LIGHTS AND IN REAR FOR ALL REAR MOUNTED LIGHTS 177.60 x2 355.20 WHECV2V Core Vehicle to vehicle sync TO SYNC VEHICLE WITHIN THE FLEET 205.59 xl 205.59 15 WHETSSOD ETSSOD WHELEN DUO TION RED/WHITE TO BE MOUNTED ON GRILLE, FRONT BUMPER CORNER, MIRROR, TWO ON STEPS, REAR BUMPER SIDE STEP, REAR BUMPER AND REAR WINDOW FUNCTIONS AS WARNING AND ALLEY/TAKEDOWN/SCENE 120.43 x 8 963.44 WHETSSOE 120.43 WHELEN DUO TION BLUE/WHITE x 8 963.44 TO BE MOUNTED ON GRILLE, FRONT BUMPER CORNER, MIRROR, TWO ON STEPS, REAR BUMPER SIDE STEP, REAR BUMPER AND REAR WINDOW FUNCTIONS AS WARNING AND ALLEY/TAKEDOWN/SCENE WHETIONWEDG 13.34 Optional Wedges, Includes One 15° and Two 5° Wedges x 4 53.36 TO BE USED FOR RUNNING BOARD LIGHTS ' -:- .•. WHETIONBKT1 11.40 Whelen TIONBKTi Universal "L" Mounting Bracket (1 Lighthead) x 2 22.80 TO BE USED FOR REAR WINDOW LIGHTS WHEWSLB EWSLB 226.78 WorkSideTM light, Includes Black Flange x 4 907.12 TO BE MOUNTED ONE UNDER EACH RUNNING BOARD AND TWO IN BED. TBD WITH REAR SLIDE IN SKID _ .f ABL20.1850 251.28 Tube / Reflector Assembly x 1 251.28 TO BE MOUNTED IN GRILLE BELOW CHEVROLET Ift.*00 16 ABL20.1870PE Pre-empt Power Supply POWER SUPPLY FOR OPTICOM TUBE 442.21 x 1 442.21 C-VSW-2600-SILV 802.43 12.5" Wide Flat 26" Vehicle -Specific Console For 2019-2024 Chevrolet Silverado And x 1 GMC Sierra gam 802.43 C-EB40-CCS-1P HAVIS C-EB40-CCS-1P 4' (1 PC) EQUIP. MTG. BRACKET x 1 FOR WHELEN CEN-COM/CANTROL CONTROL HEADS FREE WITH CONSOLE El C-EB25-XTL-1P 1 -Piece Equipment Mounting Bracket, 2.5" Mounting Space, Fits Motorola XTL2500, x 1 XTL5000-05, APX-7500, & APX-8500 BRKT, EQUIP, 1PC, 2.5MS, MOT FREE WITH CONSOLE • C-EB45-APX-1P HAVIS CONSOLE EQUIPMENT BRACKET FOR APX6500 x 1 PORTABLE RADIO CHARGERS FREE WITH CONSOLE ist C-APW-1390 13" Accessory Pocket, 9." Deep For 3.3"W Section Of Wide Consoles 74.22 xl 74.22 CUP2-1001 Self -Adjusting Double Cup Holder 59.71 xl 59.71 17 C-HDM-204 8.5" Heavy -Duty Telescoping Pole, Side Mount, Short Handle 208.98 x 1 it 208.98 C -MD -119 323.27 11" Slide Out Locking Swing Arm With Low Profile Motion Device Adapter x 1 323.27 C -ARM -102 87.86 Side Mount Armrest x 2 lir 175.72 C -AP -0945-L 189.35 9" Accessory Pocket W/Hinged Lid & Lock, 4.5"Deep x 1 189.35 TUF352-01 592.68 TUFFY UNDER SEAT LOCI{BOX FOR x 1 2019-2022 CHEVY SILVERADO 1500-3500 & 592.68 GMC SIERRA 1500-3500 TO BE MOUNTED UNDER REAR SEAT FOR ALL ELECTRONIC EQUIPMENT AMASEC1215UL SAMSEC1215UL BATTERY CHARGER 12V 15A 277.40 xl 277.40 18 KUS091-55-15-120T-RD KUSSMAUL SUPER TRAILER AUTO EJECT 15AMP WITH BACK WIRE CONNECTION - WEATHERPROOF (RED COLOR COVER) TO BE MOUNTED ON DRIVERS SIDE OF BED NEAR FUEL FILL 484.59 x 1 484.59 0 ilk. MAGMMSU-1 35.99 Magnetic Mic x 1 35.99 ONE FOR RADIO MIC ON TOP OF CONSOLE ,-. -,W.- �� MAGNETIC MIC PSU- LABOR 4,500.00 INSTALLATION LABOR x 1 4,500.00 INSTALLATION LABOR FOR ALL LISTED PARTS AND CUSTOMER SUPPLIED PARTS. SHOP SUPPLIES 518.00 Shop Supplies x 1 518.00 Wiring Supply Needs 232.00 Wiring Supply Needs x 1 232.00 75Amp Relay WAY75678-2 6 Panel-WAY82025-2 12 Panel WAY82024-1 100 Amp BreakerWAY48885-1 Core Fuse Block WAY46096-1 USB WAY11019-1 FREIGHT 50.00 xl 50.00 Total excluding tax Questions & Answers 13,868.78 19 PSU- 2026 Chevrolet 1500- Fire Inspector SI{1507 Total excluding tax 13,868.78 Additional comments Optional Your order/reference number Optional Yes, I John Tietz agree to and accept this quote, on November 21, 2025 at 7:47 AM. Accept Qu, Decline this quote... Powered by Quotient 20 KARL AUTOMOTIVE GROUP JACOB MADSEN I 5156453634 I J.MADSEN@KARLCHEVROLET.COM Vehicle: [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab 157" Work Truck KARL AUTO GROUP is proud to be your #1 Government Chevrolet Vehicle Dealer in Iowa for several years in a row. We are the only Government Dealer in Iowa to provide you a full time staff dedicated solely to government entities and their needs. We can assist you with all of your vehicle needs to include "turn -key" solutions and custom upfitting, saving you time and money with our own Karl Emergency Vehicles. Thank you for the opportunity to earn your business. 21 KARL AUTOMOTIVE GROUP JACOB MADSEN I 5156453634 I J.MADSEN@KARLCHEVROLET.COM KARL AUTOMOTIVE GROUP Dealership Information KARL AUTO GROUP JACOB MADSEN 515-645-3634 J.MADSEN@KARLCHEVROLET.COM Prepared By: JACOB MADSEN KARL AUTOMOTIVE GROUP 5156453634 J.MADSEN@KARLCHEVROLET.COM ® At the user's request, prices for this vehicle have been formulated on the basis of Initial Pricing for the vehicle, however GM cannot guarantee that Initial Pricing is available. This document contains information considered Confidential between GM and its Clients uniquely. The information provided is not intended for public disclosure. Prices, specifications, and availability are subject to change without notice, and do not include certain fees, taxes and charges that may be required by law or vary by manufacturer or region. Performance figures are guidelines only, and actual performance may vary. Photos may not represent actual vehicles or exact configurations. Content based on report preparer's input is subject to the accuracy of the input provided. Data Version: 27039. Data Updated: Nov 20, 2025 6:47:00 PM PST. Nov 21, 2025 Pac 22 KARL AUTOMOTIVE GROUP JACOB MADSEN I 5156453634 I J.MADSEN@KARLCHEVROLET.COM Vehicle: [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab 157" Work Truck ( Complete ) Price Summary PRICE SUMMARY Base Price Total Options Vehicle Subtotal Dealer Advertising Adjustment Destination Charge Grand Total Invoice Invoice $44,398.20 $44,398.20 $5,127.85 $5,127.85 $49,526.05 $49,526.05 $0.00 $0.00 $2,595.00 $2,595.00 $52,121.05 $52,121.05 ® At the user's request, prices for this vehicle have been formulated on the basis of Initial Pricing for the vehicle, however GM cannot guarantee that Initial Pricing is available. This document contains information considered Confidential between GM and its Clients uniquely. The information provided is not intended for public disclosure. Prices, specifications, and availability are subject to change without notice, and do not include certain fees, taxes and charges that may be required by law or vary by manufacturer or region. Performance figures are guidelines only, and actual performance may vary. Photos may not represent actual vehicles or exact configurations. Content based on report preparer's input is subject to the accuracy of the input provided. Data Version: 27039. Data Updated: Nov 20, 2025 6:47:00 PM PST. Nov 21, 2025 Pac 23 KARL AUTOMOTIVE GROUP JACOB MADSEN I 5156453634 I J.MADSEN@KARLCHEVROLET.COM Vehicle: [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab 157" Work Truck ( Complete ) Quote Worksheet MSRP Base Price $46,200.00 Dest Charge $2,595.00 Total Options $5,635.00 Subtotal $54,430.00 GOV DISCOUNT ($5,400.00) REMOTE START $395.00 BOARDS $765.00 Subtotal Pre -Tax Adjustments ($4,240.00) Less Customer Discount ($3,494.00) Subtotal Discount ($3,494.00) Trade -I n $0.00 Excluded from Sales Tax Subtotal Trade -In Taxable Price $0.00 $46,696.00 Sales Tax $0.00 Subtotal Taxes $0.00 $0.00 $46,696.00 Subtotal Post -Tax Adjustments Total Sales Price Dealer Signature / Date Customer Signature / Date ® At the user's request, prices for this vehicle have been formulated on the basis of Initial Pricing for the vehicle, however GM cannot guarantee that Initial Pricing is available. This document contains information considered Confidential between GM and its Clients uniquely. The information provided is not intended for public disclosure. Prices, specifications, and availability are subject to change without notice, and do not include certain fees, taxes and charges that may be required by law or vary by manufacturer or region. Performance figures are guidelines only, and actual performance may vary. Photos may not represent actual vehicles or exact configurations. Content based on report preparer's input is subject to the accuracy of the input provided. Data Version: 27039. Data Updated: Nov 20, 2025 6:47:00 PM PST. Nov 21, 2025 Pac 24 KARL AUTOMOTIVE GROUP JACOB MADSEN I 5156453634 I J.MADSEN@KARLCHEVROLET.COM Vehicle: [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab 157" Work Truck ( Complete ) Window Sticker SUMMARY [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab 157" Work Truck MSRP:$46,200.00 Interior:Jet Black, Vinyl seat trim Exterior 1:Red Hot Exterior 2:No color has been selected. Engine, 5.3L EcoTec3 V8 Transmission, 10 -speed automatic, electronically controlled OPTIONS CODE CK10743 1WT 5J1 5J3 5J9 5LO 5W4 6J7 AKO AMF AZ3 B1J C49 C5Y CGN CTT DLF FE9 MODEL MSRP [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab $46,200.00 157" Work Truck OPTIONS Work Truck Preferred Equipment Group $0.00 Calibration, keyless remote panic button exterior lights/horn disable Inc. Calibration, Surveillance Mode Interior & Exterior Lighting Inc. Calibration, Taillamp Flasher, Red/White Inc. Calibration, Taillamp Flasher, Red/Red Inc. Special Service Package $675.00 Flasher System Inc. Glass, deep -tinted Inc. Remote Keyless Entry Package $75.00 Seats, front 40/20/40 split -bench $0.00 Wheelhouse liners, rear $140.00 Defogger, rear -window electric Inc. GVWR, 7100 lbs. (3221 kg) Inc. Chevytec spray -on bedliner, Black $545.00 Hitch Guidance Inc. Mirrors, outside heated power -adjustable Inc. Emissions, Federal requirements $0.00 At the user's request, prices for this vehicle have been formulated on the basis of Initial Pricing for the vehicle, however GM cannot guarantee that Initial Pricing is available. This document contains information considered Confidential between GM and its Clients uniquely. The information provided is not intended for public disclosure. Prices, specifications, and availability are subject to change without notice, and do not include certain fees, taxes and charges that may be required by law or vary by manufacturer or region. Performance figures are guidelines only, and actual performance may vary. Photos may not represent actual vehicles or exact configurations. Content based on report preparer's input is subject to the accuracy of the input provided. Data Version: 27039. Data Updated: Nov 20, 2025 6:47:00 PM PST. Nov 21, 2025 Pac 25 KARL AUTOMOTIVE GROUP JACOB MADSEN I 5156453634 I J.MADSEN@KARLCHEVROLET.COM Vehicle: [Fleet] 2026 Chevrolet Silverado 1500 (CK10743) 4WD Crew Cab 157" Work Truck ( Complete ) G7C G80 GU5 H2G IOR JL1 K05 K47 KC4 KC9 K14 KNP L84 M12 PCV QT5 RC5 RHM RPP UBI Z82 Red Hot Auto -locking rear differential Rear axle, 3.23 ratio Jet Black, Vinyl seat trim Audio system, Chevrolet Infotainment 3 system Trailer brake controller, integrated Engine block heater Air filter, heavy-duty Cooling, external engine oil cooler Power outlet, bed mounted, 120 -volt Power outlet, interior power outlet, 120 -volt Cooling, auxiliary external transmission oil cooler Engine, 5.3L EcoTec3 V8 Transmission, 10 -speed automatic, electronically controlled WT Convenience Package Tailgate, gate function manual with EZ Lift Tires, LT265/70R17C all -terrain, blackwall Tire, spare, LT265/70R17, all -terrain, blackwall Wheels, 17" x 8" (43.2 cm x 20.3 cm) Black painted steel USB ports, rear, dual, charge -only Trailering Package Inc. Inc. Inc. Inc. Inc. Inc. Inc. Inc. Inc. $0.00 $395.00 $0.00 $0.00 $275.00 $100.00 $1,595.00 $565.00 $150.00 $395.00 $300.00 $425.00 SUBTOTAL Adjustments Total Destination Charge TOTAL PRICE $51,835.00 $0.00 $2,595.00 $54,430.00 FUEL ECONOMY 1 Est City:15 (2025) MPG Est Highway:19 (2025) MPG Est Highway Cruising Range:456.00 mi At the user's request, prices for this vehicle have been formulated on the basis of Initial Pricing for the vehicle, however GM cannot guarantee that Initial Pricing is available. This document contains information considered Confidential between GM and its Clients uniquely. The information provided is not intended for public disclosure. Prices, specifications, and availability are subject to change without notice, and do not include certain fees, taxes and charges that may be required by law or vary by manufacturer or region. Performance figures are guidelines only, and actual performance may vary. Photos may not represent actual vehicles or exact configurations. Content based on report preparer's input is subject to the accuracy of the input provided. Data Version: 27039. Data Updated: Nov 20, 2025 6:47:00 PM PST. Nov 21, 2025 Pac 26 SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.b December 2, 2025 Concessions Operations Policy Kelsi McNutt, Parks and Recreation Director Action to be considered: Adopt the Concession Operations Policy Motion Type: Simple Majority Background: The Concessions Operations Policy establishes clear guidelines for operating concessions on City owned park property and within City recreation facilities. The policy ensures that all concession activities are managed consistently, safely, and in alignment with the City's mission, vision, and commitment to high quality recreational experiences. Under this policy, concessions are allowed only as defined in the document. The City does not permit concession operations outside of these parameters. Eligible organizations may be granted concession privileges through an annual concessions operations agreement. Recommendation: Adopt the Concession Operations Policy Budget Impact: No budget impact Attachments: Concession Operations Policy.docx 27 SHAKOPEE Concessions Operation Policy Adopted: Amended: POLICY CONTENTS I. ISSUING AUTHORITY 1 II. PURPOSE 1 III. RECOGNIZED SHAKOPEE YOUTH ATHLETIC ASSOCIATIONS AND CLUBS 1 IV. OPERATION GUIDELINES 2 V. CONCLUSION 3 I. ISSUING AUTHORITY City Council through City Administrator. II. PURPOSE This policy applies to all concession operations conducted on City -owned park property or within City recreation facilities. The purpose of this policy is to establish guidelines for the operation of concessions within City of Shakopee's facilities. The City does not allow concessions or concessionaires in parks except as specified in this policy. Concession privileges are offered only to eligible organizations that align with the City's mission and vision, ensuring inclusive community access, responsible management, and strong partnerships with athletic associations, community groups, and residents to enhance the overall park and recreation experience. III. RECOGNIZED SHAKOPEE YOUTH ATHLETIC ASSOCIATIONS AND CLUBS Concession privileges within City parks or park facilities may be granted only with prior approval from the Director of Parks and Recreation. Approval will be extended solely to recognized athletic associations and community clubs that are formally affiliated with the City or ISD #720 and operate under established partnership or facility use agreements with the Parks and Recreation Department. The City reserves the right to revoke concessions privileges at any time. Facilities that include the option for concession operations will give first priority to the primary user group of the facility. If the primary user declines to operate concessions, the opportunity 28 may be offered to another athletic association or recognized community organization that utilizes the park, field, or facility, subject to review and approval by the Director of Parks and Recreation. The primary user is defined as the organization or association that utilizes a specific park, field, or facility most frequently for its designated sport or activity, as determined by the Parks and Recreation Department based on historical and scheduled use. The primary user group is recognized as the main user for purposes of coordination, maintenance considerations, and concession operation priority. Concession privileges granted under this policy require the execution of a Concession Agreement between the City of Shakopee and the approved organization. All Concession Agreements must receive formal approval by the City Council prior to taking effect. Each agreement will outline operating responsibilities, term of approval, and insurance requirements. Concession approvals are valid for one calendar year and must be renewed annually through the Parks and Recreation Department. IV. OPERATION GUIDELINES • Concessions or concessionaires are not permitted to operate in Shakopee parks or park buildings unless pre -approved on a case -by -case basis by the Parks and Recreation Director and covered under a City Council —approved Concession Agreement. • All concessionaires operating within City of Shakopee facilities are required to comply with all applicable City policies and regulations, including but not limited to those related to risk management and food service sanitation. • Proof of general liability insurance coverage at a minimum amount of $2,000,000 for property damage and bodily injury naming the City of Shakopee as an additional insured on the policy. • Recognized athletic associations and community organization granted concession privileges shall permit the City of Shakopee to access and utilize concession -related equipment located within City park facilities for City -sponsored or co -sponsored events and programs. Such use shall be provided at no cost to the City. • The City reserves the right to terminate any concessions privileges granted at any time without liability if the terms of this policy are not complied with or for other good and reasonable cause. Page 2 of 3 29 V. CONCLUSION The City of Shakopee Parks and Recreation Concession Operations Policy provides a clear and consistent framework for the operation of City -owned concession stands. It supports transparency and accountability by establishing defined roles, financial requirements, and procedures that align with cost recovery and community service goals. Ongoing monitoring and updates to this policy will ensure it remains responsive to economic conditions, service demand, and community expectations. Page 3 of 3 30 SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.c December 2, 2025 Temporary Advertising and Sponsorship Policy Kelsi McNutt, Parks and Recreation Director Action to be considered: Adopt the Temporary Advertising and Sponsorship Signage Policy Motion Type: Simple Majority Background: The Temporary Advertising and Sponsorship Policy was developed to provide clear and consistent guidelines for the display of temporary sponsorship signage within City of Shakopee parks and recreation facilities. The intent of the policy is to support local youth athletic associations and community organizations in their fundraising and event promotion efforts while preserving the safety, integrity, and appearance of public parks and facilities. The policy applies to all temporary advertising and sponsorship signage displayed on City owned park property or within recreation facilities. All signage will be reviewed and approved through the existing field and facility use permitting process. During the creation of each permit, applicants must submit any proposed advertising or sponsorship signage for review, and approved signage will be incorporated into the final permit issued by the Parks and Recreation Department. This approach ensures that signage is managed consistently and remains appropriate for the intended location and duration of use. Recommendation: Adopt the Temporary Advertising and Sponsorship Signage Policy Budget Impact: No impact on the budget Attachments: 31 Temporary Advertising and Sponsorship Signage Policy.docx 32 SHAKOPE E Temporary Advertisement and Sponsorship Signage Policy Adopted: TBD Amended: POLICY CONTENTS I. ISSUING AUTHORITY 1 II. SCOPE 1 Ill. definitions 1 IV. GENERAL GUIDELINES 2 V. CONTENT RESTRICTIONS 2 VI. SIGNAGE SPECIFICATIONS 2 VII. TYPES OF ALLOWED TEMPORARY SIGNAGE 3 VIII. DURATION AND DISPLAY 3 IX. RESPONSIBILITIES 3 X. APPROVAL PROCESS 3 XI. COMPLIANCE AND ENFORECEMENT 4 I. ISSUING AUTHORITY City Council through City Administrator. II. SCOPE This policy establishes guidelines for the temporary display of sponsorship signage within City of Shakopee parks and recreation facilities. Its purpose is to support local youth athletic associations and community organizations in their fundraising and event promotion efforts while maintaining the safety, integrity, and appearance of public parks and facilities. This policy applies to all temporary sponsorship signage displayed on City -owned park property or within recreation facilities. Authorization for signage is granted only through a valid field or facility use permit issued by the Parks and Recreation Department. III. DEFINITIONS For the purpose of this policy: 33 • Temporary signage is defined as any sign, banner, or display installed for a limited time associated with an approved event or activity. • Sponsorship signage is defined as temporary signage displaying a business or organization name or logo in recognition of event sponsorship or donation. • Advertising signage is defined as means temporary signage promoting a product, service, or business, not directly sponsoring the event. IV. GENERAL GUIDELINES • Temporary sponsorship signage is permitted only during scheduled games, tournaments, or events approved through a City -issued facility or field permit. • All signage must be removed immediately following the event or tournament and may not remain on site overnight. a For multi -day tournaments, signage can be left out overnight as long as it is secured but must be removed immediately after the event concludes. • Signage shall not be affixed to trees, light poles, benches, fences, or other structures unless specifically authorized by City staff. • Signage is limited to designated athletic fields, event areas, and recreation facilities as approved by the Parks and Recreation Department. • The City of Shakopee reserves the right to deny or remove any signage that does not comply with this policy or is deemed inappropriate or unsafe. V. CONTENT RESTRICTIONS The following types of sponsorship or advertising messages are not permitted: • Political, religious, or gaming -related content. • Alcohol, tobacco, cannabis, or sexually explicit materials. • Messaging that is discriminatory, offensive, or inconsistent with the City's mission and values. VI. SIGNAGE SPECIFICATIONS • Size: Temporary signage shall not exceed 5 feet by 8 feet in size. • Material: Signs must be constructed of durable, wind -resistant materials such as mesh nylon or corrugated plastic. All materials must be approved by City staff prior to display. • Design: Colors and graphics must be professional in appearance and may not interfere with player visibility or field safety. Page 2 of 4 34 • Condition: Signage must be maintained in good condition. Damaged or deteriorated signs must be repaired or removed upon notice from the City. Staking of signs is not permitted under any circumstances. VII. TYPES OF ALLOWED TEMPORARY SIGNAGE Approved temporary signage may include: • Banners • Sandwich boards or sidewalk signs • Corrugated or yard -style event signs • Freestanding sponsor boards or backdrops All signage types must be reviewed and approved by City staff as part of the facility or field permit process. VIII. DURATION AND DISPLAY • Temporary event signage may be displayed only for the duration of the permitted event. • For multi -day tournaments, signage may remain in place for the length of the event but must be removed immediately upon its conclusion. IX. RESPONSIBILITIES • The sponsoring organization or permit holder is responsible for the placement, maintenance, and removal of all signage. • Any damage to park property resulting from signage installation or removal shall be repaired at the organization's expense. • Sponsorship solicitation, promotion, and management are the sole responsibility of the organization displaying the signage. X. APPROVAL PROCESS • All temporary signage must be reviewed and approved by the Parks and Recreation Department prior to installation. • Approved signage will be documented within the field or facility use permit. Page 3 of 4 35 • Non-compliance with this policy may result in immediate removal of signage and potential loss of future permit privileges. XI. COMPLIANCE AND ENFORECEMENT • The Parks and Recreation Department reserves the right to remove any signage that violates this policy poses a safety hazard or is not approved as part of a facility or field permit. • Organizations that fail to remove signage as required may be subject to additional fees or denial of future permits. • Repeat noncompliance may result in suspension of privileges to display signage in City parks and facilities. XII. CONCLUSION This policy ensures that temporary sponsorship and advertising signage within City of Shakopee parks and recreation facilities is displayed in a manner that supports community partnerships while maintaining the integrity, safety, and visual quality of public spaces. By adhering to these guidelines, the City and its community partners can continue to promote events and raise funds responsibly, enhancing the recreational experience for all users. The Parks and Recreation Department will periodically review this policy to ensure it remains consistent with community standards, City ordinances, and departmental goals. Revisions or updates may be recommended to the City Administrator or City Council as needed. Page 4 of 4 36 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.d December 2, 2025 SandVenture Large Yellow Slide Refinishing Kelsi McNutt, Parks and Recreation Director Action to be considered: Approve the refinishing of the large yellow slide at SandVenture using SafeSlide Restoration Motion Type: Simple Majority Background: The large yellow slide at SandVenture was not refinished during the recent facility renovation. We are now seeing areas where the fiberglass has worn down to the base layer. While some of this is the result of normal use over time, the presence of sand, which naturally travels up the slide, accelerates this wear. Refinishing the slide is already included in the 2026 Capital Improvement Plan (CIP). However, staff are requesting to bring this project forward now, in order to secure a contractor and schedule the work early spring of 2026, to ensure the slide is fully completed and operational before the start of the 2026 summer season. Recommendation: To approve SafeSlide Restoration to refinish the large yellow slide at SandVenture in the spring of 2026. Budget Impact: The orginal amount budgeted in the CIP was $50,000 the actual cost of the project using SafeSlide Restoration is $40,913 Attachments: Slide restoration quote 2.pdf SV Yellow Slide Wear.jpg 37 CJue„ cIid�— Restoration° "Restoring confidence in your slide." Dale Cooper LLC DBA Safe Slide Restoration P.O. Box 102, Farmington, MO 63640 0: 855-639-7543 / C: 573-631-2701 www.safeslides.com August 27th, 2025 Sand Venture Aquatic Park/ Attn: Katelyn Meyer 1101 Adams St Shakopee MN 55379 US 952-233-3840/ jmortorff@hampdentownship.us Hello Katelyn, The following is a proposal for the restoration of your water slide(s) and steel structure(s). This proposal is based on the information that was sent to Safe Slide Restoration on 8/20/2025. Our company holds the following certifications/qualifications: ➢ American Composite Manufacturer's Association (ACMA) ➢ OSHA ➢ AMPP (Association for Materials Protection and Performance) ➢ Over 30 years of experience working with fiberglass and gel coat. ➢ Over 14 years of experience working with steel structures. We Have The Industry's Best Warranties ➢ There is a 5 - year warranty on structural fiberglass repair not to delaminate. ➢ There is a 5 — year warranty on gel coat and paint (available with yearly protection plan) Certified Inspections • Audio and Visual Documentation • Present Solutions • Non -Destructive Testing (NDT) Consistent Restoration y • Scheduling/Pre-Con Meeting • NACOM Certified Project Managers • Over 400 Projects Each Year Guarantees • All Project Managers are ACMA Certified • Gel Coat Thickness Meets OEM Standards • Meeting Deadlines • Responsive Protected Partnership - Post Project Customer Service • Annual Protection Plans • Best Warranties in the Industry Slide Description: 1 38 V.072225 Open Flume Body Slide — Yellow Work Description: Option A Gel Coat - Interior: ➢ Remove failed coatings ➢ Repair all common fiberglass repairs in ride path* (common repairs do not require lamination) ➢ All repairs will be done with vinyl -ester resin ➢ Prepare interior ride path for Gel Coat (prime coat blistered and submerged areas) ➢ Add textured surface to start tub if needed ➢ Refinish interior ride path of slide with Gel Coat ➢ Gel Coat will be applied to a thickness of 20 - 24 mils. ➢ Premium Gel Coat will be used ➢ Recaulk all seams (recaulking is not a guarantee to stop leaking seams) ** ➢ Seams will be sealed with premium caulk • Project Option A: Project Amount: $29,910.00 Work Description: Option B Paint — Slide Exterior: ➢ Wash exterior of slide with internally formulated cleaner ➢ Prime -coat bare areas as needed ➢ Paint exterior with Poly - Siloxane Paint Paint RAL color: INIT: Project Option B: Project Amount: $11,003.00 Work Description: Option C Paint — Steel Structure: ➢ Wash exterior of slide with internally formulated cleaner ➢ Prime -coat bare areas as needed ➢ Paint exterior with Poly - Siloxane Paint Paint RAL color: INIT: Project Option B: Project Amount: $31,631.00 Note: Safe Slide will purchase and ship the product, but it is BLANK's responsibility to administer it I choose Option: INIT: 2 39 V.072225 50% is due before project starts 50% is due at completion of project After 30 days' net, an additional 5% will be added to the unpaid amount, and every 30 days thereafter that the payment is late. The park is responsible for any legal fees necessary to collect payment. Signatures: Sandy Venture Aquatic Park: Date: Print: Safe Slide Restoration: Date: Print: 3 40 V.072225 We at Safe Slide Restoration are committed to quality and customer satisfaction. We are an international company that provides services to the largest water parks and cruise lines in the world; and we look forward to putting our expertise to work for you. Please visit our online store to purchase any products you may need for maintenance, and feel free to call my cell at 573-631-2701 or our office at 855-639-7543 if you have any questions or comments. Thank you for your consideration, we appreciate your time! Sincerely, Barry Harting Regional Account Manager barry.harting@safeslides.com STEEL RESTORATION "Restoring confidence in your slide." ADDITIONAL SERVICES FLOORING INSTALL • Sandblasting •Thermoplastics •• „ , . • Textured Floorin • New Fabrication for • Life Floor® Certified Steel Components Installers C C, . I � mom Ito NACOM CERTIFIED INSPECTIONS Specialty Coatings acrd Maintenance Services NACOM is a unique Safe Slide training program that combines multiple certifications into one score to • Full Park Inspection • State Certification • Non -Destructive Testing AMPP • Slide Installations • Thermoplastic Coating • Fiber • lass Re airs • Lazy Rivers, Wave Pools, • Hardware and Bolts Replacement Catch Pools, etc. .40.OO1, 1, CUP,HIiE& MrzlLt lU�tOY ltiiaaCNFIJ� AIMeINTERNATIONAL ®sr, IN -E .CI0NA SP ►T Otil ]:'t V.072225 Terms & Conditions *Fiberglass repair is defined as any damage that is an obvious threat to the guests, (i.e. a chip or gouge with a sharp edge). This is not to be confused with cosmetic repair, (i.e. a spider crack with no flaking or raised edge). This does not include any major repairs that require fiberglass cloth and resin lamination. ** Because of the restrictions of our caulk being able to adhere to joints without the proper amount of surface area, we require that the seams are 3/16" wide to caulk them (If seams are too tight, the caulk will not adhere properly). Customer Expectations Safe Slide Restoration reserves the right to have adequate access to the project area in order to complete the project as efficiently as Safe Slide Restoration deems necessary. This may require, but is not limited to: working 12 hours per day and seven days per week. The facility is responsible for providing access to an adequate water source (5 gallons per minute), electrical power (multiple circuits will be needed), and restroom facilities for the duration of the job. In the event that the project involves any chip repairs or gel coat application, Safe Slide inspectors are capable of using color charts on -site to provide a close match to the existing Gel Coat. (This is not to be confused with the manufacturer's exact color matching). Our customers have the right to request a draw down, but requests must be made 45 days before the Safe Slide crew arrives on -site. Recaulking seams does not apply if the seam has been previously permanently fiberglassed. We strive towards the very best finish that can be achieved; however, some pinholes may be present. Signature of this agreement is approval for use of photos and videos taken onsite to be used for marketing and documentation purposes. This Agreement shall be construed and governed by the laws of the State of Missouri. The parties agree that in the event any action is brought to enforce any terms of this Agreement or for damages for breach of the Agreement, the venue for such cause of action shall be Madison County, Missouri Circuit Court. Customer Responsibilities Safe Slide will provide draw down color options if requested 45 days prior to project start date. In the event that leaking seams are being addressed by Safe Slide Restoration, the customer is responsible for identifying and labeling seams on the interior and exterior of the slide (we recommend using a permanent marker in the ride path to label seams). The customer is responsible for identifying areas where lift is unable to operate. If a lift is required, Safe Slide is not responsible for any broken concrete, landscaping, etc. Safe Slide may require the removal of fencing to allow lift access to the water slide area if there isn't access through a gate opening. The customer is responsible for providing waste removal. The customer is required to provide access to restrooms to the Safe Slide crew for the duration of the project. A walk through of finished work and subsequent sign -off is required before Safe Slide's crew leaves the job site. Missing the post project walk through is equivalent to an approved sign off by the customer. Safe Slide Restoration will not be responsible for unscheduled return work in the case that the customer misses scheduled post project walk-through and subsequent sign - off. We recommend 20 test rides on your slide(s), with different body sizes and builds, if possible, before the season begins. We highly recommend daily documented dry inspections and test rides before operation with recorded indications/findings. Possible Additional Charges (Fiberglass) If there are any previous interior or exterior coatings not specified in the above work scope, there will be an additional charge for interior or exterior failed coatings. The pricing above does not include the cost of state taxes, licenses, or permits if required. Slides may require a second coat of exterior paint (especially when using yellow and orange colors) to achieve the desired finish. In the event that a second coat of paint is required, there will be an additional charge of 50% of the original paint price. Yellow slides will require a prime coating on the interior before gel coat can be applied. A 2 -3 - point Tie -off system on top portion of closed flume slide may be needed if a lift is inaccessible. A cost of $90 per panel will be assessed and tie offs will stay in place for customer use. An additional daily fee may be assessed if the project site is compromised due to negligence of customer or persons under the customer's control of said project site. If the customer does not show up and needs to postpone the post job walk through, there will be an additional charge for the delay. This will be determined by how long Safe Slide must stay on site in order to get the walk-through and sign -off which is required before our staff leaves the site. The cost of a lift and/or scaffolding is not included in the above pricing. If a lift and/or scaffolding is required, it will be the responsibility of the park to provide. Due to the effects of rising materials and transportation costs, all prices are subject to change in accordance with these increases. We will continue our commitment to use quality products with your project, as always. Our team is working diligently to secure fair pricing in an ever -evolving market to curb any potential price increases. Thank you in advance for your continued partnership. Lien Information (Regarding CA, FL, IL, MO, OH, TX) Warranty Information 5 42 V.072225 2 — year fiberglass paint Workmanship warranty: Our 2 — year workmanship warranty covers any delamination that occurs of the coating applied. This warranty does not cover fading, claims from extreme acts of nature, improper washing procedures, vandalism, improper maintenance with application of aggressive chemicals. This warranty period may become reduced or void if peeling occurs due to poor adhesion from the previous original or recoated substrate. 5 — year structural repair workmanship warranty: Our 5 -year workmanship warranty covers delamination of fiberglass from original substrate. This warranty does not cover claims from extreme acts of nature, vandalism, or repair that overlaps a repair completed by a previous contractor. 5 — year gel coat and paint workmanship warranty: Our 5 - year workmanship warranty is only valid if the facility chooses to participate in a yearly protection program with Safe Slide Restoration. If not, a standard 2 — year workmanship warranty will apply. Gel coat warranty covers delamination of applied gel coat only. This warranty does not cover damage from osmotic blistering, damage or deterioration of cosmetic surface finishes, including corrosion, cracking, chipping, crazing, discoloration, fading, oxidation of gel coat, or wet coring/substrates. This warranty does not cover substrates previously coated after the manufacturer's original coating, unless post -manufacturer coating is completely removed by Safe Slide prior to the application of the new coating. This warranty does not cover fading, claims from extreme acts of nature, improper washing procedures, vandalism, improper maintenance with application of aggressive chemicals. This warranty period may become reduced or void if peeling occurs due to poor adhesion from the previous original or recoated substrate. This warranty also does not cover any repairs that have been completed by a previous contractor. Safe Slide Restoration does not offer any warranty for caulking of seams. Confidentiality Agreement The information in this document is confidential to the person to whom it is addressed and should not be disclosed to any other person. It may not be reproduced in whole, or in part, nor may any of the information contained therein be disclosed without the prior written consent of the directors of Safe Slide Restoration. 6 43 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.e December 2, 2025 Remodel of the Community Center Sauna Kelsi McNutt, Parks and Recreation Director Action to be considered: Approve the remodel of the Community Center Sauna Motion Type: Simple Majority Background: The sauna at the Community Center is scheduled for renovation in the 2025 Capital Improvement Plan due to several ongoing maintenance concerns, including deteriorating wood surfaces and a failing heating element. As part of the planned improvements, a new heating element will be installed, the existing cedar wall covering will be replaced with tile to improve durability and cleaning efficiency, and all wood benches will be fully replaced. The project also includes installing a window to improve staff visibility into the sauna and completing the necessary electrical and plumbing work to ensure safe and reliable operation. Staff recommend adding the epoxy grout option, this will increase life expectancy of tile and provide a more efficient and sanitary cleaning process. Recommendation: Authorize Construction Results Corporation to complete the remodel of the sauna at the community center and the purchase of a new heating element. Budget Impact: Renovation of the exisiting sauna $46,746 - which includes adding the expoxy grount addition Heating element $9,012 Total project cost $55,488 Original budget amount in the CIP was $75,000 Attachments: CRC Proposal - Shakopee CC Sauna refresh 9-12-25.pdf Estimate_1169_from_Sauna_Supply_LLC.pdf 45 Construction Results Corporation Trusted Commercial & Industrial General Contractor Jeremy Benz Shakopee Community Recreation Center 1255 Fuller St. S. Shakopee, MN RE: Sauna Refresh 5465 N. HWY 169 PLYMOUTH, MN 55442 PHONE : 763-559-1100 FAX : 763-553-0494 John.Snyder@ConstructionResults.com www.ConstructionResults.com September 12, 2025 Jeremy, Thank you for the opportunity to present this proposal to you. Our understanding of the scope of work you want us to include is based on the items discussed during our recent on -site meeting. We include the following: 1 Provide pipe -and -drape enclosure around our work area. 2 Remove & dispose of sauna door, floor mats, benches, heater "fences", and cedar boards on the pool side and inside the sauna. 3 Frame new ceiling inside the sauna, to provide a 1/4" per foot slope as required for the new tile ceiling. 4 Furnish & install (1) new 3'-0" x 6'-8" cedar sauna door & frame; include 1/4" clear tempered glass. 5 Furnish & install (1) new 3'-0" x 3'-0" cedar window frame; include 1/4" clear tempered glass. 6 Furnish & install new cedar boards on the pool side of the sauna wall. 7 Furnish & install DuRock tile backer on the walls and ceilings of the sauna. 8 Furnish & install waterproofing on the floors, walls & ceiling. 9 Furnish & install 2" x 2" slip resistant floor tile. 10 Furnish & install 4" x 4" ceramic tile on all walls and the ceiling of the sauna. 11 We include a $5/sf material allowance for all tile. 12 Frame new L-shaped 2 -tier benches in the sauna using pressure treated lumber. 13 Furnish & install cedar boards for the horizontal and vertical faces of the benches, including a "back rest" along the top bench. 14 Furnish & install (2) cedar "fences" around the new heaters. 15 Construction cleaning; dumpster for our debris. 16 Working during normal business hours (M -F, 7:00 am to 3:30 pm). 17 Supervision and coordination of our work. We exclude the following: 1 Architectural & engineering drawings & fees, permits, temporary utilities & restroom facilities, final cleaning, etc. 2 Electrical work. 3 Removal of existing heaters; supplying & installing new heaters. 4 Epoxy grout (if desired, please add $4,375) 5 Low voltage work (telephone, data, security, speaker, fire alarm, etc.). 6 Unforeseen items / hidden conditions. 7 Working with hazardous materials (asbestos, lead, pcb's, etc.). Our estimate to complete this work with you is only $42,371. Please call us if you have any questions or comments. We look forward to successfully completing this project with you. Sincerely, John Snyder Vice President Construction Results Corp. 46 Sauna Supply LLC 0 SAUNA SUPPLY COMPANY Estimate Jeremy Benz Shakopee Community Center 1255 Fuller St S Shakopee, MN 55379 US Matt Ylitalo DATE SHIP Jeremy Benz Shakopee Community Center 1255 Fuller St S Shakopee, MN 55379 US Laava 12kw - 3 Phase (208v) Control, SL2-C - 24 hour Wi-Fi CB17-3 Contactor Box, req'd for single and dual 3 ph (208v) systems CB 18-3 Contactor Box - add on - req'd for dual 3 ph systems RGBW Puck Lights (3), SaunaLogic 2 control (3162-147) RGBW Puck Light (SL2) DESCRIPTION SHIP VIA SSC Delivery Rated for room size 510 / 740 cu. ft. Floor standing heater, 1321b rock capacity, includes 2 boxes 661bs each, requires CB17-3 (9202-131) if heater is standalone, add CB18-3 (9202-133) if dual heater system. Separate line item for SL2-C control (either 24 hour or 60 min) 3 Phase contactor box for Laava / Magma heaters (208v systems) Additional contactor box required for Laava with multiple heaters or any Magma 208v heater Include wiring, splitter, 3X RGBW puck lights Additional RGBW Puck Light SUBTOTAL TAX TOTAL Thank you for your business! We take credit cards, ACH payments, and checks can be made to: Sauna Supply Co 560 Cokato St W Cokato, MN 55321 This option is using one control to operate both heaters. Estimate #1168 is with 2 independent controls. ETA : 5-7 business days upon payment Pricing assumes Tax-exempt status. Please provide ST -3 tax exempt form upon accepting estimate and making payment. If not tax-exempt, please add Shakopee sales tax to estimate. 560 Cokato St W Cokato, MN 55321 USA (612) 505-9700 tyler@saunasupplyco.com https://saunasupplyco.com QTY ESTIMATE DATE RATE 2 2,763.00 1 987.00 1 1,009.00 1 630.00 1 360.00 5 100.00 1169 11/04/2025 AMOUNT 5,526.00 987.00 1,009.00 630.00 360.00 500.00 9,012.00 0.00 $9,012.00 Page 1 of 2 47 SSC and Finnleo (heater manufacturer) do not recommend using tile on the walls and ceiling on the interior of the sauna room. It will radiate a harsher heat as opposed to wood T&G. This could lead to complaints. Be sure you provide full backrests that would eliminate any possibility of anyone leaning their bare skin on tile (it will be hot). Tile walls and ceiling does not void the 1 year commercial warranty. Temperature sensor in the sauna needs to be mounted on a piece of wood and not directly on the tile. Includes Free shipping (Sauna Supply Delivery or Spee-Dee Delivery) Accepted By Accepted Date Page 2 of 2 48 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.f December 2, 2025 Purchase of Kompan Playground Equipment at end of the year discount. Bill Delaney, Senior Planner Michael Kerski Action to be considered: Recommend purchase Motion Type: Simple Majority Background: Shakopee's has been a major purchaser of Kompan equipment during the past twenty four months. The manufacture's local representative has offered Shakopee the Kompan Explorer Dome at an end of the year discount of nearly fifty percent. List price on Kompan Explorer Dome is $90,000 and the proposed price with freight would be $47,563. The city will store this piece and use it in either in a planned neighborhood park in the expanding west end neighborhood or in Memorial Park. Recommendation: Recommend purchase of Kompan Explorer Dome with freight at $47,563 from Park Development Funds. Budget Impact: Purchase equipment for $47,563 out of park development funds. Attachments: Explorer Dome.pdf 49 Za Q d 2J 0 CRP812501 Item no. CRP812501-0404 23'2"x26'8"x13'7" Dimensions LxWxH LO O • • • • • • E•1: ii€c a W O Co -0 0 a) a) a) ° CO a7 7 a) O U .0 '- a o›, a) Co X C a) a it' W • c E s a) a .m -o c U U C — O c o O O o) 2 0)c co u) .T _ N • co te) O E E o a) (6 O T N Co D_ i CO a) E i U U O y U ▪ a) a) u) • i E a a) c O N -D o) C C 'p_ CoZs L .E w - L Co O O 0) E c n o • a) a) U Co C -o Co Co C u) a) a) 7 L C .O N C 0) co Cl) a C C U 4) Co C a) .cf) O C a23 a) 01 aCo '- c O • '� Co L C Co N 92 a 'c - m a 0 Q a) L U) La) a) u) E LO C 7 C 0 = O 7 E E C E U N-6 a) o = O L C L O a) U U (n O u) O Y CL C C O 7 O a) o) T U 2 - O >i C (6 0. a) L u) U 2 a'LOO a) U Q U O 8 U C Y L 2 Co ( C a)E E (n O a N N.5 L Co .T U E E � a) U • T-6 -oV) (n i N O T N a) > LO O a m N L a) a) U o) C a) u) ~ a a L O co a '- C a) ° I- a� (1)— cri Ca)oo-o.°a)a) u) a C talc- 7 L a 2 E.02 C a) LO O) u) >;a).E C .C O U U E > o 2 Q +T 1 / 11/09/2025 o Z d 2J 0 E O a. w CRP812501 4 0 N U N L U 3 E TAf2 8)8. o_ C C N N o_a)a)-o' O O O U O C N m C m ro.0 L O) O N U Y 0'2 N O) U o d c 2 8 c w .. 3 y d A N O Oj— C ro U O C O 2 E a C)C c�0E it 0. 007J.O w 0 0 O 0 g_ O _ E N m % U .O'') L U O O .o -cu) m C O_ o .d U) U O U U U > C O ro s-82 ro 8.21721F c> m U 2Zg- > ro m 2 °) `m 2 2 m-19 _ a N'm ro ro a�Ov m'N 22 c 8-p-8 E .C a a m¢ w ' m U N `L o c O N O C 2 0' L O mm800�8 m N • N O)C O. LN O T C O O. U O) i, U O) ro 3 U C c m m 3 O N m O_ N L 1° m m O N J U L 3 N c 0.0 N � 8 L 0) m m mO)L L F i+ •'o N m U c p 10 U N O_ C O_ U 0) 0 At' 0 m O° E R- O 47) d O 0 U> 0 > UC O- O U U C a O) 0 W B E co) s a U c C ' U J "O .oa 3 c C O m P08 -E. O) 3 c ° m O U N mE� uci i NO59oi OU O� U m m t 3 m Oa• EDT; N 5 U O C U) m C W.O 0 o.c m C E S Ka2N0E 2 / 11/09/2025 �a 4 °- - a 2J 0 CRP812501 Item no. CRP812501-0404 W O O C) O Max. fall height Safety surfacing area 51.3 hours Total installation time VI > > CO CO 1O O M N— Excavation volume Concrete volume CN Footing depth (standard) Shipment weight Anchoring options a) a) J J EcoCore HDPE Hot dip galvanized steel L a) } O Jam.. a) C ao w a) O. ° Cl) L } O O Hollow PE Parts Spare Parts Availability a) c a; ,c�4 N Cl L a) . u) O O (a c >i c X O c C O ` N O (73 a) N E > N o O -° E°Ca > U NO u) E ° � O C 7 C - F- C > . a) � C. 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C a) s E L - o -c ma)ECU �c CO 0 E o C a3 Q) C 'O O O E N N U 7 L 2 a N O C U C rn " CO ui t a) 7 c_ O F- O 6 a) .O N L E roE u) ° 6 m Q) O O- co O Qo E ° °U U En C u) O C O C U ° u) n (a 0_ L H a L 2 c } N � O C co a NU O En_ O uj U LO O m a) o o -o a) H fl_ U (C2 U O C ° in N R E + *O O u) W U* L N a) O (p 'Oi-LI O a) >, ° (Q N C C a) C 4) .N .- N "c- ° N O u) .- a) (a C a) > U N N E N D a3 �� o a°i �-° - > c U 0 O N -- N O. Q) T >S 7 N 0 -O X CO.2U Ca) N U) U O O 0 0 a) a7 U 0 U (1) Ca Ca 3 / 11/09/2025 Za O. - J 0 co • Sustainabi CRP812501 SI Independent review certificate rted as kg CO:e. E Method: ISO 14067:2018 using GI-IG protocol guidance Co 0 MS N O C,) a+ R • E a) N O U N O 0 U•) TZ •w H d Cradle to Gate A1 -A3 LU co r N F- LU CRP812501-0404 Verified by: Julie Marie Vejsgaard Larsen, Environmental Auditor U U C N 3 Co > 0_ U aCo¢ C O Co .C • E a m o a,Omr O ow -2E U Co r 0 N O -0 C o O Co O O a o y N N N N C U N O y N Z o C E °-0 3 Co Co 0 Co wo�▪ ,E ▪ O • 0 V) • o a � o -O O C Co N 2 Co m m E o N 3 • c i o 0 c%.,5).2) • �Co N N N `N o m E > w U m m Co 0 O CO I- O- O_ Q CI U) Q O `o 0 a O O) Co U O U N a Co Co ≤o 4 / 11/09/2025 CRP812501 " Max fall height I "* Total height I *** Safety surfacing area 35'-2" [1073cm] 0 C N / /� / / % u / (O / 1,....1.....,..1-reri ' Ir iiii au mmasima,,m111 j•• _ •u1■►:Ci�N: �I■\�3iII!!I■�\ IDi■■. �!::I ,Ire ■■•.. _ �tor....,./■■.�'.•.,, ������ .S/L...Wi_:m��p ,`��■■■►• a!\; VA!1•i-;.•e:� ',_■■r ��.4V:till ■��� AV ‘VOIL;31.40 3 1Y4 ririir 4'74.W.Olill 4 MN 14 //Ird1ri Al1/ \\ CO / Lunt,L81 Iw009 L LI ..6-,86 Click to see SIDE VIEW Click to see TOP VIEW 5 / 11/09/2025 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.g December 2, 2025 Approve the Easement Acquisition for the Boiling Springs Drainage Improvements Alex Jordan, City Engineer Action to be considered: Adopt Resolution R2025-135, authorizing the acquisition of permanent and temporary easements for the Boiling Springs Drainage Improvements. Motion Type: Simple Majority Background: The City's Capital Improvement Plan includes the Boiling Springs Area Drainage Improvements Project, Storm -25-002. The project includes construction and replacement of storm sewer infrastructure to the area located south and west of Boiling Springs Lane and east of Stagecoach Road. This is a landlocked area where there are frequent drainage issues that impact private property resulting in the need of city assistance to help protect property and mitigate potential flooding issues. The property will implement solutions to reduce: a) the need for frequent city assistance; and b) risk of flooding outside of the right-of-way. Construction of the improvements require acquisition of easements on private property outside of the existing right-of-way. A total of 2 parcels will require easement acquisition. City staff and their consultants have made efforts to modify the design to reduce impacts to parcels adjacent to the project. Appraisals were completed in August for both properties and offers were presented in October. The City has agreed to terms with the owners and the easements have been executed. Construction will be completed in 2026. Recommendation: Adopt Resolution R2025-135. Budget Impact: The total cost of the easement acquisition for the improvements is $37,450 and is budgeted for in the overall project costs in the CIP, paid for by the Storm Drainage Fund. 55 Attachments: P1 Easement-signed.pdf P2 Easement-signed.pdf P1 Memorandum of Understanding.pdf P2 Memorandum of Understanding.pdf RESOLUTION R2025-135.docx 56 LS PERMANENT DRAINAGE & UTILITY EASEMENT AND TEMPORARY CONSTRUCTION EASEMENT THIS PERMANENT DRAINAGE & UTILITY EASE NT AANJ) TEMPQRA-RY CONSTRUCTION EASEMENT ("Instrument") is made this ��y of 1W Ire/14 , 2025 (the "Effective Date"), by Lon M. Dugan and Julie A. Dugan, married to each other ("Grantors"), in favor of the City of Shakopee, a municipal corporation under the laws of the State of Minnesota ("Grantee"). Recitals A. Grantors are the fee owners of certain real property known as 9177 Boiling Springs Lane, and legally described on Exhibit A attached hereto (the "Property"). B. Grantee intends to undertake a public project known as the Boiling Spring Drainage Improvements Project (the "Project"), and, in furtherance of the Project, has requested a certain drainage and utility easement and temporary construction easement from Grantors. C. To facilitate the Project, Grantors wish to grant to Grantee a permanent easement for public drainage and utility purposes as hereinafter described in, over, across, beneath, and above the portions of the Property which are legally described on Exhibit B attached hereto (the "Drainage and Utility Easement Area"), and a temporary construction easement as hereinafter described in, over, across, beneath, and above the portions of the Property which are legally described on Exhibit C attached hereto (the "Temporary Construction Easement Area") all according to the terms and conditions contained herein. The Drainage and Utility Easement Area and the Temporary Construction Easement Area (referred to herein collectively as the "Easement Areas") are both depicted on Exhibit D attached hereto. Terms of Easements 1. Recitals. The above recitals and attached exhibits are hereby incorporated into this Instrument. 2. Grant of Easements. For good and valuable consideration, receipt of which is acknowledged by Grantors, Grantors grant and convey to Grantee (i) a permanent, non-exclusive drainage and utility easement over, under, across and through the Drainage and Utility Easement Area, and (ii) a 1 DOCSOPEN\SH 15 5\510\ 1046832.v1-9/2/25 89 temporary construction easement over, under, across and through the Temporary Construction Easement Area. 3. Scope of Easements. The permanent, non-exclusive drainage and utility easement granted herein includes the right of Grantee, its contractors, agents, and employees to enter the Drainage and Utility Easement Area at all reasonable times for the purpose of locating, constructing, reconstructing, operating, maintaining, inspecting, altering and repairing within the Drainage and Utility Easement Area a public storm sewer, sanitary sewer and water facilities, ground surface drainage ways and other public utilities, facilities or improvements of any type that are not inconsistent with public drainage and utility use. The temporary construction easement granted herein includes the right of Grantee, its contractors, agents, employees, vehicles and equipment to enter the Temporary Construction Easement Area at all reasonable times throughout the Project for the purposes of access, storage and staging for adjacent drainage and utility construction, grading, sloping, restoration and planting and replanting purposes, and all purposes ancillary thereto. The easements granted herein also include the right to cut, trim, or remove from the Easement Areas any trees, shrubs, or other vegetation as in Grantee's judgment unreasonably interfere with said easements or facilities of Grantee, its successors or assigns, as well as the right to deposit earthen materials within the Easement Areas and to move, store, and remove equipment and supplies, and to perform any other work necessary and incident to the Project. 4. Warranty of Title. Grantors warrant that they are the fee owners of the Property and have the right, title and capacity to convey to Grantee the easements granted herein, subject to all existing property rights, easements, encumbrances, and restrictions of record. 5. Environmental Matters. Grantee shall not be responsible for any costs, expenses, damages, demands, obligations, including penalties and reasonable attorney's fees, or losses resulting from any claims, actions, suits or proceedings based upon a release or threat of release of any hazardous substances, pollutants, or contaminants which may have existed on, or which relate to, the Property prior to the date of this Instrument. 6. Instrument Runs with the Land; Duration of Temporary Construction Easement. This Instrument shall run with the title to the Property and shall inure to the benefit of and be binding upon Grantors and Grantee and their respective heirs, successors and assigns, including, but not limited to all subsequent owners of the Property. Notwithstanding the foregoing, Grantee shall provide Grantors 30 days' written notice of the commencement of its work on the Project, and the temporary construction easement granted herein shall automatically terminate without further action from either party 8 months following the end of the 30 -day notice period, however, the temporary construction easement shall automatically terminate without further action from either party no later than December 31, 2027. 7. Miscellaneous. This Instrument shall be governed by and construed in accordance with the laws of the State of Minnesota. The subject headings of the sections of this Instrument are included for convenience only and shall not be used in the interpretation of this Instrument. This 2 DOCSOPEN\SH155\510\ 1046832. v 1-9/2/25 65 Instrument contains the entire terms of the respective easements granted by Grantors and there are no other terms, obligations, covenants, representations, statements, or conditions, oral or otherwise, of any kind whatsoever with respect to said easements. STATE DEED TAX DUE HEREON: NONE [Signature Page to Follow] 3 DOC SOPEN\SH 155\510\ 1046832.v1-9/2/25 09 GRANTORS: STATE OF MINNESOTA COUNTY OF 5co ) ss. By: By: , 'id, ' Lon M. Dugan ulie A. Dugan The foregoing instrument was acknowledged before me this /city 0f/4k Vern kr 2025, by Lon M. Dugan and Julie A. Dugan, marr': d to ea . other Gr ts.//44"--A IEAHRAE GULSE rH TRAXLER NOTARY PUBLIC MINNESOTA My C0m nission Expires Jan. 31, 2029 THIS INSTRUMENT DRAFTED BY: Kennedy & Graven, Chartered 700 Fifth Street Towers 150 South Fifth Street Minneapolis, MN 55402 (612) 337-9300 Af( Notary Public DOCSOPEN\SH 155151011046832.v 1-9/2/25 4 19 EXHIBIT A Legal Description of the Property That part of the Northeast Quarter (NE 1/4) of Section 13, Township 115 North, Range 22 West, Scott County, Minnesota, described as follows: Commencing at the Northeast corner of said Section 13; thence on an assumed bearing of South 1 degree 05 minutes 30 seconds East along the East line of said Section 13 for a distance of 913.17 feet to the actual point of beginning of the land to be described; thence continuing on a bearing of South 1 degree 05 minutes 30 seconds East along the said East line of Section 13 for a distance of 178.00 feet; thence on a bearing of North 89 degrees 46 minutes 20 seconds West parallel with the North line of said Northeast Quarter for a distance of 612.07 feet; thence on a bearing of North 1 degree 05 minutes 30 seconds West parallel with the said East line of Section 13 for a distance of 178.00 feet; thence on a bearing of South 89 degrees 46 minutes 20 seconds East parallel with the said North line of the Northeast Quarter for a distance of 612.07 feet to the actual point of beginning, Scott County, Minnesota. DOCSOPEN\SH 155\510\ 1046832.v 1-9/2/25 Z9 EXHIBIT B Legal Description of Drainage and Utility Easement Area That part of the Northeast Quarter of Section 13, Township 115 North, Range 22 West of the 5th Principal Meridian, Scott County, Minnesota, being further described as follows: Commencing at the Northeast Corner of the Northeast Quarter (NE1/4) /4) of Section 13; thence 500°14'12"W on the east line of said NE 1/4 a distance of 1091.17 feet to the southeast corner of the parcel described in Doc. No. 219718, filed May 19, 1986 in the office of the Scott County Recorder, said point also being the Point of Beginning; thence N88°26'38"W on the south line of said parcel a distance of 612.07 feet to a point on the easterly right-of-way (ROW) line of Boiling Springs Lane; thence N00°14'12"E on said easterly ROW line a distance of 30.01 feet thence 588°26'38"E, parallel with said south parcel line, a distance of 532.24 feet; thence N68°47'00"E a distance of 85.75 feet to said east line of the NE1/4; thence S00°14'12'W on said east line of the NE1/4 a distance of 63.21 feet to the Point of Beginning. Said easement contains 19,687 square feet, or 0.452 acres, more or less. DOCSOPEN\SH 155\510\ 1046832.v 1-9/2/25 £9 EXHIBIT C Legal Description of Temporary Easement Area That part of the Northeast Quarter of Section 13, Township 115 North, Range 22 West of the 5th Principal Meridian, Scott County, Minnesota, being further described as follows: Commencing at the Northeast Corner of the Northeast Quarter (NE1/4) of Section 13; thence S00°14'12"W on the east line of said NE1/4 a distance of 1017.22 feet to the Point of Beginning; thence $68°47'00"W a distance of 87.67 feet; thence N88°26'38"W, parallel with the south line of the parcel described in Doc. No. 219718, filed May 19, 1986 in the office of the Scott County Recorder, a distance of 465.43 feet; thence N00°14'12"E, parallel with the easterly right-of-way (ROW) line of Boiling Springs Lane, a distance of 79.54 feet; thence N89°45'48"W perpendicular to said easterly ROW line a distance of 65.00 feet to said easterly ROW line; thence S00°14'12"W on said easterly ROW line a distance of 88.05 feet; thence S88°26'38"E, parallel with said south parcel line, a distance of 532.24 feet; thence N68°47'00"E a distance of 85.75 feet to said east line of the NE1/4; thence N00°14'12"E on said east line of the NE1/4 /4 a distance of 10.74 feet to the Point of Beginning. Said easement contains 11,302 square feet, or 0.259 acres, more or less. DOCSOPEN\SH 1551510\ 1046832.v1-9/2/25 179 EXHIBIT D Depiction of the Easement Areas W k v UJ Do re e— 4,1 ou wu� wiz W Uo2 W32 0 O. O. - �y 11'18D1 M.L GYlA0S , it cc, SUSS M.ELI iAO so1,o 7,L LlOiM 204.00S N 88°28'38- W 612.07' O 8w cn •ui duds wog 0 W C7 J 0 0 W PARCEL LINE DATA S 0114'12" W N01141-17 E N011412"E N D J 3 A 1 a [1 DOCSOPEN\SH] 55151011046832.x1-912/25 PERMANENT DRAINAGE & UTILITY EASEMENT AND TEMPORARY CONSTRUCTION EASEMENT THIS PERMANENT DRAINAGE & UTILITY EASEMENT AND TEMPORARY CONSTRUCTION EASEMENT ("Instrument") is made this day of 2025 (the "Effective Date"), by Bruce William Kupfer and Judith L. Kupfer, married to each other ("Grantors"), in favor of the City of Shakopee, a municipal corporation under the laws of the State of Minnesota ("Grantee"). Recitals A. Grantors are the fee owners of certain real property known as 9130 Boiling Springs Lane (PID No. 279130011), and legally described on Exhibit A attached hereto (the "Property"). B. Grantee intends to undertake a public project known as the Boiling Spring Drainage Improvements Project (the "Project"), and, in furtherance of the Project, has requested a certain drainage and utility easement and temporary construction easement from Grantors. C. To facilitate the Project, Grantors wish to grant to Grantee a permanent easement for public drainage and utility purposes as hereinafter described in, over, across, beneath, and above the portions of the Property which are legally described on Exhibit B attached hereto (the "Drainage and Utility Easement Area"), and a temporary construction easement as hereinafter described in, over, across, beneath, and above the portions of the Property which are legally described on Exhibit C attached hereto (the "Temporary Construction Easement Area") all according to the terms and conditions contained herein. The Drainage and Utility Easement Area and the Temporary Construction Easement Area (referred to herein collectively as the "Easement Areas") are both depicted on Exhibit D attached hereto. Terms of Easements 1. Recitals. The above recitals and attached exhibits are hereby incorporated into this Instrument. 2. Grant of Easements. For good and valuable consideration, receipt of which is acknowledged by Grantors, Grantors grant and convey to Grantee (i) a permanent, non-exclusive drainage and utility easement over, under, across and through the Drainage and Utility Easement Area, and (ii) a 1 DOCSOPEN\SH155\510\ 1046834.v1-9/2/25 65 temporary construction easement over, under, across and through the Temporary Construction Easement Area. 3. Scope of Easements. The permanent, non-exclusive drainage and utility easement granted herein includes the right of Grantee, its contractors, agents, and employees to enter the Drainage and Utility Easement Area at all reasonable times for the purpose of locating, constructing, reconstructing, operating, maintaining, inspecting, altering and repairing within the Drainage and Utility Easement Area a public storm sewer, sanitary sewer and water facilities, ground surface drainage ways and other public utilities, facilities or improvements of any type that are not inconsistent with public drainage and utility use. The temporary construction easement granted herein includes the right of Grantee, its contractors, agents, employees, vehicles and equipment to enter the Temporary Construction Easement Area at all reasonable times throughout the Project for the purposes of access, storage and staging for adjacent drainage and utility construction, grading, sloping, restoration and planting and replanting purposes, and all purposes ancillary thereto. The easements granted herein also include the right to cut, trim, or remove from the Easement Areas any trees, shrubs, or other vegetation as in Grantee's judgment unreasonably interfere with said easements or facilities of Grantee, its successors or assigns, as well as the right to deposit earthen materials within the Easement Areas and to move, store, and remove equipment and supplies, and to perform any other work necessary and incident to the Project. 4. Warranty of Title. Grantors warrant that they are the fee owners of the Property and have the right, title and capacity to convey to Grantee the easements granted herein, subject to all existing property rights, easements, encumbrances, and restrictions of record. 5. Environmental Matters. Grantee shall not be responsible for any costs, expenses, damages, demands, obligations, including penalties and reasonable attorney's fees, or losses resulting from any claims, actions, suits or proceedings based upon a release or threat of release of any hazardous substances, pollutants, or contaminants which may have existed on, or which relate to, the Property prior to the date of this Instrument. 6. Instrument Runs with the Land; Duration of Temporary Construction Easement. This Instrument shall run with the title to the Property and shall inure to the benefit of and be binding upon Grantors and Grantee and their respective heirs, successors and assigns, including, but not limited to all subsequent owners of the Property. Notwithstanding the foregoing, Grantee shall provide Grantors 30 days' written notice of the commencement of its work on the Project, and the temporary construction easement granted herein shall automatically terminate without further action from either party 8 months following the end of the 30 -day notice period, however, the temporary construction easement shall automatically terminate without further action from either party no later than December 31, 2027. 7. Miscellaneous. This Instrument shall be governed by and construed in accordance with the laws of the State of Minnesota. The subject headings of the sections of this Instrument are included for convenience only and shall not be used in the interpretation of this Instrument. This 2 DOCSOPEN\SH155\510\ 1046834.v 1-912/25 66 Instrument contains the entire terms of the respective easements granted by Grantors and there are no other terms, obligations, covenants, representations, statements, or conditions, oral or otherwise, of any kind whatsoever with respect to said easements. STATE DEED TAX DUE HEREON: NONE [Signature Page to Follow] 3 DOCSOPEN\SH155\510\ 1046834.v1-9/2/25 67 GRANTORS: I By: ✓v �'/ �' J. :3. Bruce William Kupfer " By: udith L. Kupfer STATE OF MINNESOTA ) ) ss. COUNTY OF 3C ' ) The foregoing instrument was day acknowledged before me this ) da of 1/e1►44-1 g !� 2025, by Bruce William Kupfer and Judith L. Kupfer ar to eac ot. er Granto LEAHRAE GULSETH TRAXLER NOTARY PUBLIC MINNESOTA MY Commission Expires Jan. 31, 2029 THIS INSTRUMENT DRAFTED BY: Kennedy & Graven, Chartered 700 Fifth Street Towers 150 South Fifth Street Minneapolis, MN 55402 (612) 337-9300 NdEary Public 4 DOC S OPENISI I15 5/510/1046 834. v 1-9/2/25 68 EXHIBIT A Legal Description of the Property That part of the Northeast Quarter (NE 1/4) of Section 13, Township 115 North, Range 22 West, Scott County, Minnesota, described as follows: Commencing at the Northeast corner of said Section 13; thence on an assumed bearing of South 1 degree 05 minutes 30 seconds East along the East line of said Section 13 for a distance of 2044.47 feet to an iron monument inplace, said iron monument being 588.98 feet North 1 degree 05 minutes 30 seconds West of the East Quarter corner of said Section 13; thence on a bearing of North 78 degrees 32 minutes 20 seconds West for a distance of 1320.33 feet to an iron monument inplace; thence on a bearing of North 8 degrees 46 minutes 40 seconds East for a distance of 380.05 feet to an iron monument inplace; thence on a bearing of North 57 degrees 43 minutes 00 seconds West for a distance of 169.90 feet to an iron monument inplace on the North line of the South half of the said Northeast Quarter; thence on a bearing of East along the said North line of the South half of the Northeast Quarter for a distance of 122.52 feet; thence on a bearing of North for a distance of 387.88 feet to the actual point of beginning of the land to be described; thence continuing on a bearing of North for a distance of 195.89 feet; thence on a bearing of East parallel with the North line of the South half of the Northeast Quarter for a distance of 554.06 feet; thence on a bearing of South 1 degree 05 minutes 30 seconds East parallel with the said East line of Section 13 for a distance of 195.93 feet; thence on a bearing of West parallel with the said North line of the South half of the Northeast Quarter for a distance of 557.79 feet to the actual point of beginning, Scott County, Minnesota. DOCSOPEN\SH155\510\ 1046834, v 1-9/2/25 69 EXHIBIT B Legal Description of Drainage and Utility Easement Area That part of the Northeast Quarter of Section 13, Township 115 North, Range 22 West of the 5th Principal Meridian, Scott County, Minnesota, being further described as follows: Commencing at the Northeast Corner of the Northeast Quarter (NE1/4) of Section 13; thence S00°14' 12"W on the east line of said NE1/4 a distance of 735.17 feet to the northeast corner of the parcel described in Doc. No. 1159428, filed July 5, 2022, in the office of the Scott County Recorder; thence N88°26'38"W on the north line of said parcel a distance of 612.07 feet to the easterly right-of- way (ROW) line of Boiling Springs Lane; thence continuing N88°26'38"W a distance of 66.02 feet to the westerly ROW line of said Boiling Springs Lane; thence S00°14'12"W on said westerly ROW line a distance of 151.79 feet to the Point of Beginning; thence continuing S00°14'12"W on said westerly ROW line a distance of 42.00 feet to the southeast corner of the parcel described in Doc. No. 246337, filed May 6, 1988 in the office of the Scott County Recorder; thence N88°40'18"W on the south line of said parcel a distance of 25.00 feet; thence N00°14'12"E, parallel with said westerly ROW line, a distance of 42.00 feet; thence S88°40'18"E, parallel with said south parcel line, a distance of 25.00 feet to the Point of Beginning. Said easement contains 1,050 square feet, or 0.024 acres, more or less. DOCSOPEN\SH1 S5\510\1046834.v1-9/2/25 70 EXHIBIT C Legal Description of Temporary Easement Area That part of the Northeast Quarter of Section 13, Township 115 North, Range 22 West of the 5th Principal Meridian, Scott County, Minnesota, being further described as follows: Commencing at the Northeast Corner of the Northeast Quarter (NE1/4) of Section 13; thence S00°14'12"W on the east line of said NE1/4 a distance of 735.17 feet to the northeast corner of the parcel described in Doc. No. 1159428, filed July 5, 2022, in the office of the Scott County Recorder; thence N88°26'38"W on the north line of said parcel a distance of 612.07 feet to the easterly right-of-way (ROW) line of Boiling Springs Lane; thence continuing N88°26'38"W a distance of 66.02 feet to the westerly ROW line of said Boiling Springs Lane; thence S00°14'12"W on said westerly ROW line a distance of 83.77 feet to the Point of Beginning; thence continuing S00°14'12"W on said westerly ROW line a distance of 68.00 feet; thence N88°40'18"W, perpendicular to said westerly ROW line a distance of 25.00 feet; thence S00°14'12"W, parallel with said westerly ROW line, a distance of 42.00 feet to the south line of the parcel described in Doc. No. 246337, filed May 6, 1988 in the office of the Scott County Recorder; thence N88°40'18"W, on the south line of said parcel a distance of 45.00 feet; thence N00°14'12"E, parallel with said westerly ROW line, a distance of 50.00 feet; thence S88°40'18"E, parallel with said south parcel line, a distance of 45.00 feet; thence N00°14'12"E, parallel with said westerly ROW line, a distance of 60.00 feet; thence S88°40'18"E, parallel with said south parcel line, a distance of 25.00 feet to the Point of Beginning. Said easement contains 3,950 square feet, or 0.091 acres, more or less. DOCSOPEN\SH155\510\ 1046834.v 1-9/2/25 71 EXHIBIT D Depiction of the Easement Areas as >- w U) U- O w U W U W z Z CCa F X O It Ili Z a� Z Z O F O Z OZ Up_ O UJ LLw Of CC J wa a CC C.1 <Z Da Q W w X X CLL. z0 t_ ww xILI u- 0 CC CC a e PARCEL LINE DATA BEARING m ii 2 ' r 2 ro a 0 ' 7co 2 m NM I 4 8 $ 8 8 z J a s a 8 N 2 J m m S a "� PARCEL LINE DATA z ^ m w ' w m IN CO o m b% o y 2 2 N N x 1 w 8 a 8 kri N 8 AN 8 N 8 e w J � ry J J J J Z W tU w « O C C° EU1, 2 E m C E q G> J tee- ut C I ov•o0- N N C W CCLc4 O o e L, as co us cc 2 2 —•— .6L'tSI M2l.4t.Q0S•-^--- 1- z w M m W O< aw •u'( sSupds Suq!og Li; tA Uri O> r o 0 n 1 1 L r r U V1 W 0 O Si aBtcE i JUDITH KUPCER I DOCSOPEN\SH155\510\1046834.v1-9/2/25 72 £L MEMORANDUM OF UNDERSTANDING City of Shakopee — Boiling Springs Drainage Improvement Project Fee Owner(s): Lon M. Dugan and Julie A. Dugan PID: 27-9130-400 Property Address: 9177 Boiling Springs Lane On this / Q day of V O voil6L4 r, 2025, Lon M. Dugan and Julie A. Dugan, married to each other, Owners of the above -described parcel of property located in the County of Scott and State of Minnesota, did execute and deliver a conveyance of real estate rights to the City of Shakopee. This agreement is now made and entered as a memorandum of all the terms, and the only terms, agreed upon in connection with the above transaction. It is hereby acknowledged and agreed upon between the parties that: The Owners have been furnished with the approved estimate of just compensation for the property rights acquired and a summary statement of the basis for the estimate. The Owners understand that the acquired property rights are for use in connection with the construction of the City of Shakopee Boiling Springs Drainage Improvement Project. 1. The Owners understand and acknowledge that the Agent for the City has no direct, indirect, present, or contemplated future personal interest in the property or in any benefits from the acquisition of the property rights. 2. That in full compensation for the conveyance of said property, the City shall pay the Owners the sum of thirty-five thousand, four hundred and no/100 Dollars ($35,400.00) for easements and damages. Owners understand that payment by the City must await City Council approval and verification of marketable title. 3. In the event of a clerical error, Grantor, whether one or more, agree to cooperate in correcting the error including but not limited to resigning all documents. It is understood and agreed that the entire agreement of the parties is contained in this Memorandum of Understanding and Easement Document dated //I/ a / as ,2025 and that these documents and agreements include all oral agreements, representations, and negotiations between the parties. Date: // /gigs - By: By: Date: 0// Z /26 — By: Leah Traxler, Agent for the City Lon M. Dugan ulie A. Dugan �rD IV1LEMORANDUM OF UNDERSTANDING City of Shakopee — Boiling Springs Drainage Improvement Project Fee Owner(s): Bruce William Kupfer and Judith L. Kupfer PID: 27-9130-011 Property Address: 9130 Boiling Springs Lane day NpJP� On this � � of 2025, Bruce William Kupfer and Judith L. Kupfer, married to each other, Owners of the above -described parcel of property located in the County of Scott and State of Minnesota, did execute and deliver a conveyance of real estate rights to the City. This agreement is now made and entered as a memorandum of all the terms, and the only terms, agreed upon in connection with the above transaction. It is hereby acknowledged and agreed upon between the parties that: The Owners have been furnished with the approved estimate of just compensation for the property rights acquired and a summary statement of the basis for the estimate. The Owners understand that the acquired property rights are for use in connection with the construction of the City of Shakopee Boiling Springs Drainage Improvement Project. 1. The Owners understand and acknowledge that the Agent for the City has no direct, indirect, present, or contemplated future personal interest in the property or in any benefits from the acquisition of the property rights. 2. That in full compensation for the conveyance of said property, the City shall pay the Owners the sum of two thousand, fifty and no/100 Dollars ($2,050.00) for easements and damages. Owners understand that payment by the City must await City Council approval and verification of marketable title. 3. In the event of a clerical error, Grantor, whether one or more, agree to cooperate in correcting the error including but not limited to resigning all documents. It is understood and agreed that the entire agreement of the pa ies_is contained in this Memorandum of Understanding and Easement Document dated jj b ti r I a ,2025 and that these documents and agreements include all oral agreements, representations, and negotiations between the parties. Date: Date: / AAp By: By: Date: i)_/_ By: Leah Traxler, Agent for the City Bruce William Kupfer dith L. Kupfer 74 RESOLUTION R2025-135 RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA AUTHORIZING THE ACQUISITION OF PERMANENT AND TEMPORARY EASEMENTS FOR THE BOILING SPRINGS DRAINAGE IMPROVEMENTS WHEREAS, the City Council of the City of Shakopee determines that it is necessary and expedient for the public health safety and welfare to undertake the Boiling Spring Drainage Improvement Project, STORM -25-002 ("Project"); and WHEREAS, it is necessary to acquire certain easements to construct, operate, and maintain the Project improvements; and WHEREAS, the City Council finds that it is reasonable, necessary, convenient, and in the interest of the general welfare that the City acquire for the Project the necessary easements ("Easements"); and WHEREAS, the City has engaged an independent real estate appraiser to provide the City with the appraiser's opinion of damages caused by the City's acquisition of the Easements; and WHEREAS, City staff and consultants have negotiated the easement acquisition with the property owners to acquire the Easements by direct purchase; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA AS FOLLOWS: 1. The acquisition of the Easements is necessary and for a public purpose in furtherance of the Project; and 2. The City Administrator is authorized and directed to acquire the easements for $37,450. Adopted in regular session of the City Council of the City of Shakopee, Minnesota, held this 2nd day of December 2025. Mayor of the City of Shakopee ATTEST: Prepared by: City of Shakopee 485 Gorman Street Shakopee, MN 55379 City Clerk 75 SHAKOPEE Shakopee City Council 5.h December 2, 2025 Agenda Item: Approval of the November 18, 2025 City Council Minutes Prepared by: Rick Parsons Reviewed by: Action to be considered: Approve the November 18, 2025 City Council minutes. Motion Type: Simple Majority Background: N/A Recommendation: Approve the November 18, 2025 City Council minutes. Budget Impact: N/A Attachments: City Council Minutes 11-18-2025.pdf 76 SHAKOPEE City Council City Hall 485 Gorman Street Shakopee, MN, 55379 Tuesday, November 18, 2025 7:00 p.m. Vision: Shakopee is a place where people want to be! A distinctive river town, with a multitude of business, cultural and recreational opportunities in a safe, welcoming, and attractive environment for residents and visitors. Mission: Our mission is to deliver high quality services essential to maintaining a safe and sustainable community. We commit to doing this cost-effectively, with integrity and transparency. 1) Call to Order 2) Roll Call PRESENT: Mayor Lehman, Council Member Contreras, Council Member Whiting, Council Member DuLaney, and Council Member Lara ABSENT: None. ALSO PRESENT: None. 3) Pledge of Allegiance 4) Special Presentations 4.a) Recognition of Show Off Shakopee Winners 5) Approval of Agenda Council Member Contreras made a motion to approve the agenda with the modification of pulling item 6.e from the consent agenda to be considered separately, second by Council Member Whiting and the motion passed. 5 - 0 177 6) Consent Agenda 6.a) Surplus Property 6.b) Approve the Feasibility Report and Call for a 12th Avenue Improvement Project 6.c) Monthly Financial Report - October 2025 6.d) Accept Proposal from Short Elliott Hendrickson, Design and In -Construction Services for the Lighting 8 Tree Rehabilitation Improvements. 6.e) Final Plat of Arbor Bluff Third Addition - consideration) 6.f) 6.g) 6.h) 6.i) 6.j) Public Hearing for the Inc. (SEH) Proposal for 2026 Downtown ADA, (pulled for separate Change Order for SRF for West End AUAR Five Year Update Change order for Miller Dunwoodie Architects Approval of the October 1, 2025 City Council Minutes Approval of the November 5, 2025 City Council Minutes Preliminary approval to the issuance of revenue bonds for the benefit of Reuter Walton Development, LLC (conduit debt) and application for LIHTC. - (pulled for separate consideration) 6.k) Resolution approving documents in connection with the issuance of revenue bonds of the City of Shakopee for the benefit of St. Francis Regional Medical Canter and ratifying Resolution No. R2025-125 6.l) Change Order for Dog Park totaling $9,860.00 6.m) Additional information to squad that was salvaged and authorized for disposal from January 21, 2025 meeting Council Member Whiting made a motion to approve the consent agenda with the modification of pulling item 6.j for separate consideration, second by Council Member DuLaney and the motion passed. 5 - 0 7) Public Comment 8) Business removed from consent agenda 6.e) Final Plat of Arbor Bluff Third Addition Council Member Lara made a motion to approve Resolution R2025-126, approving the Final Plat of Arbor Bluff Third Addition, second by Council Member Contreras and the motion passed. 5 - 0 6.j) Preliminary approval to the issuance of revenue bonds for the benefit of Reuter Walton Development, LLC (conduit debt) and application for LIHTC. Council Member Whiting made a motion to approve Resolutions R2025- 129 and R2025-130 which will allow Reuter Walton Development, LLC to apply for low-income housing credits, with the modification of adding wording that Shakopee taxpayers would have no liability in the project. The project is contingent upon receiving the allocation of tax credits in January 2026. If successful, a public hearing on the issuance of revenue bonds for the benefit of Reuter Walton Development, LLC (conduit debt) will be scheduled in 2026, second by Council Member Contreras and the motion passed. 5 - 0 9) General Business 9.a) Ordinance Creating Standards, Rules and Regulations and Licensing of Towing Companies. Council Member Lara made a motion to approve Ordinance O2025-023 Establishing a Towing Company Licensing Program and Regulating Consensual and Non -Consensual Towing within the City of Shakopee, second by Council Member DuLaney and the motion passed. 5 - 0 10) Reports 10.a) City Bill List 10.b) News and Announcements 11) Other Business 12) Adjourn to December 2, 2025, at 7:00 pm Council Member DuLaney made a motion to adjourn to December 2, 2025, at 7:00 pm, second by Council Member Contreras and the motion passed. 5 - 0 SHAKOPEE Shakopee City Council 5.i December 2, 2025 Agenda Item: R2025-139 - Premiere Sponsorship by Metropolitan Dance Alliance Prepared by: Rachel Bland, Community Engagement Coordinator Reviewed by: Action to be considered: Approve R2025-139 accepting a monetary donation totaling $3,500 from Metropolitan Dance Alliance (MDA), including $3,000 as a Premiere Sponsor for the Parks and Recreation Department and $500 for a movie sponsorship at Huber Park. Motion Type: Simple Majority Background: The City of Shakopee Parks and Recreation Department has received a generous total donation of $3,500 from Metropolitan Dance Alliance (MDA). This includes $3,000 in Premier Sponsorship, supporting overall departmental programming, and $500 designated for movie sponsorship at Huber Park. These contributions strengthen community programming and enhance the accessibility and quality of events offered to residents. The City appreciates the generosity of Metropolitan Dance Alliance and recognize the longtime partnership that helps maintain vibrant community events and the enrichment of Shakopee residents. Recommendation: Approve R2025-139 accepting a monetary donation totaling $3,500 from Metropolitan Dance Alliance (MDA), including $3,000 as a Premiere Sponsor for the Parks and Recreation Department and $500 for a movie sponsorship at Huber Park. Budget Impact: The $3,500 donation will offset departmental programming and movie event expenses consistent with the donor's intent. Attachments: Resolution 2025-139. - MDA Donation.docx 80 RESOLUTION NO. 2025-139 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING A MONETARY DONATION FROM METROPOLITAN DANCE ALLIANCE WHEREAS, on November 6, 2002, the City Council adopted Resolution No. 5794, which established procedure relating to the receipt of gifts and donations by the City; and WHEREAS, Resolution No. 5794 specifies that donations of real property shall be accepted by resolution of the City Council, and shall require a two-thirds majority of the Council for acceptance; and WHEREAS, Metropolitan Dance Alliance (MDA) has generously given a monetary donation in the total amount of $3,500, which includes $3,000 as a Premier Sponsor for the Parks and Recreation Department and $500 as a movie sponsorship for Huber Park; and WHEREAS, such donations will support departmental programming and community events, including movie programming at Huber Park, thereby enhancing recreational opportunities and the overall quality of life in Shakopee; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the donations are gratefully accepted; and FURTHER, the donations shall be used for departmental programming and Huber Park movie sponsorship, consistent with the intent of the donor; and FURTHER, the City staff is directed to send a letter to the donor, acknowledging receipt of the gift and expressing appreciation of the City Council. Adopted in regular session of the City Council of the City of Shakopee, Minnesota held this 2nd Day of December 2025. Matt Lehman Mayor of the City of Shakopee ATTEST: City Clerk 81 SHAKOPEE WILLA! Shakopee City Council 5.j December 2, 2025 Agenda Item: R2025-138 - Event Sponsorship by Loeffler Construction Company Prepared by: Rachel Bland, Community Engagement Coordinator Reviewed by: Action to be considered: Approve R2025-138 accepting a monetary donation of $1,000 from Loeffler Construction Company to support the Summer Carnival and Spooky Family Fun events. Motion Type: Simple Majority Background: The City of Shakopee Parks and Recreation Department has received a generous $1,000 donation from Loeffler Construction Company as event sponsorship for two community events: the Summer Carnival and Spooky Family Fun. These events serve as key family - friendly celebrations that attract broad participation and are intentionally offered at no or minimal cost to residents. The City of Shakopee appreciates the generosity of Loeffler Construction Company. Their support enhances event activities, provide quality entertainment, and maintain a positive and inclusive experience for all community members. Recommendation: Approve R2025-138 accepting a monetary donation of $1,000 from Loeffler Construction Company to support the Summer Carnival and Spooky Family Fun events. Budget Impact: The $1,000 donation will offset event expenses for the Summer Carnival and Spooky Family Fun, consistent with the donor's intent. Attachments: Resolution 2025-138 - Loeffler Donation.docx 82 RESOLUTION NO. 2025-138 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING A MONETARY DONATION FROM LOEFFLER CONSTRUCTION COMPANY WHEREAS, on November 6, 2002, the City Council adopted Resolution No. 5794, which established procedure relating to the receipt of gifts and donations by the City; and WHEREAS, Resolution No. 5794 specifies that donations of real property shall be accepted by resolution of the City Council, and shall require a two-thirds majority of the Council for acceptance; and WHEREAS, Loeffler Construction Company has generously given a monetary donation in the amount of $1,000 to support the Parks and Recreation Department; and WHEREAS, such donation will support the Summer Carnival and Spooky Family Fun events, helping to enhance community programming and the overall quality of life in Shakopee; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the donations are gratefully accepted; and FURTHER, the donation shall be used for the Summer Carnival and Spooky Family Fun events, consistent with the wishes of the donor; and FURTHER, the City staff is directed to send a letter to the donor, acknowledging receipt of the gift and expressing appreciation of the City Council. Adopted in regular session of the City Council of the City of Shakopee, Minnesota held this 2nd Day of December 2025. Matt Lehman Mayor of the City of Shakopee ATTEST: City Clerk 83 SHAKOPEE Shakopee City Council 5.k December 2, 2025 Agenda Item: R2025-137 - Event Sponsorship by Kraus Anderson Prepared by: Rachel Bland, Community Engagement Coordinator Reviewed by: Action to be considered: Approve R2025-137 accepting a monetary donation of $1,000 from Kraus -Anderson Construction Company to support the SandVenture Grand Reopening event. Motion Type: Simple Majority Background: The City of Shakopee Parks and Recreation Department has received a generous $1,000 donation from Kraus -Anderson Construction Company for sponsorship of the SandVenture Grand Reopening event. This contribution supports the celebration of the facility's reopening. The City of Shakopee appreciates Kraus -Anderson's generous donation and recognizes that their support reflects strong community partnership and investment in local amenities. Recommendation: Approve R2025-137 accepting a monetary donation of $1,000 from Kraus -Anderson Construction Company to support the SandVenture Grand Reopening event. Budget Impact: The $1,000 donation will offset event expenses for the SandVenture Grand Reopening, consistent with the donor's intent. Attachments: Resolution 2025-137 - Kraus Anderson.docx 84 RESOLUTION NO. 2025-137 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING A MONETARY DONATION FROM KRAUS-ANDERSON WHEREAS, on November 6, 2002, the City Council adopted Resolution No. 5794, which established procedure relating to the receipt of gifts and donations by the City; and WHEREAS, Resolution No. 5794 specifies that donations of real property shall be accepted by resolution of the City Council, and shall require a two-thirds majority of the Council for acceptance; and WHEREAS, Kraus -Anderson Construction Company has generously given a monetary donation in the amount of $1,000 to support the Parks and Recreation Department; and WHEREAS, such donation will support the SandVenture Grand Reopening event, enhancing community programming and contributing to the overall quality of life in Shakopee; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the donations are gratefully accepted; and FURTHER, the donation shall be used for the SandVenture Grand Reopening event, consistent with the wishes of the donor; and FURTHER, the City staff is directed to send a letter to the donor, acknowledging receipt of the gift and expressing appreciation of the City Council. Adopted in regular session of the City Council of the City of Shakopee, Minnesota held this 2nd Day of December 2025. Matt Lehman Mayor of the City of Shakopee ATTEST: City Clerk 85 SHAKOPEE WILLA! Shakopee City Council 5.1 December 2, 2025 Agenda Item: R2025-136 - Event Sponsorship by Lions Tap Prepared by: Rachel Bland, Community Engagement Coordinator Reviewed by: Action to be considered: Approve R2025-136 Resolution accepting a monetary donation of $1,000 from Lions Tap to the Parks and Recreation Department to support community events, including the Egg Hunt & Candy Grab and Spooky Family Fun. Motion Type: Simple Majority Background: The City of Shakopee Parks and Recreation Department has received a generous $1,000 donation from Lions Tap, designated as sponsorship support for two annual community events: the Egg Hunt & Candy Grab and Spooky Family Fun. These events are cornerstones of our seasonal programming and are intentionally offered free of charge to ensure accessibility for all residents. Sponsorship funding directly supports event materials, supplies, staffing, and enhancements that make these activities memorable and engaging for families. The City of Shakopee appreciates the generosity of Lions Tap. Lions Tap has been a valued community partner, and their continued support helps maintain opportunities that promote community engagement and family fun. Recommendation: Approve R2025-136 Resolution accepting a monetary donation of $1,000 from Lions Tap to the Parks and Recreation Department to support community events, including the Egg Hunt & Candy Grab and Spooky Family Fun. Budget Impact: The $1,000 donation will offset event expenses for the Egg Hunt & Candy Grab and Spooky Family Fun. Attachments: 86 Resolution 2025-136 - Lions Tap Donation.docx 87 RESOLUTION NO. 2025-136 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA ACCEPTING A MONETARY DONATION FROM LIONS TAP WHEREAS, on November 6, 2002, the City Council adopted Resolution No. 5794, which established procedure relating to the receipt of gifts and donations by the City; and WHEREAS, Resolution No. 5794 specifies that donations of real property shall be accepted by resolution of the City Council, and shall require a two-thirds majority of the Council for acceptance; and WHEREAS, Lions Tap has generously given a monetary donation in the amount of $1,000 to support the Parks and Recreation Department; and WHEREAS, such donation will help support the Egg Hunt & Candy Grab and Spooky Family Fun events, ensuring that these activities remain free, engaging, and accessible to the public; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that the donations are gratefully accepted; and FURTHER, the donation shall be used to support the Egg Hunt & Candy Grab and Spooky Family Fun events, consistent with the intent of the donor; and FURTHER, the City staff is directed to send a letter to the donor, acknowledging receipt of the gift and expressing appreciation of the City Council. Adopted in regular session of the City Council of the City of Shakopee, Minnesota held this 2nd Day of December 2025. Matt Lehman Mayor of the City of Shakopee ATTEST: City Clerk 88 SHAKOPEE WILLA! Shakopee City Council 5.m December 2, 2025 Agenda Item: Approve Tobacco Business License Renewals for 2026 Prepared by: Heidi Emerson, Deputy City Clerk Reviewed by: Action to be considered: Approve the Tobacco Business License renewals for 2026 Motion Type: Simple Majority Background: The City Council is asked to approve the tobacco business license renewals for 2026. A list of businesses that have submitted applications for renewal is attached. Prior to issuance of the licenses, both Scott County and Shakopee Public Utilities will be contacted to verify that there are no outstanding property taxes or utility bills. Recommendation: Approve the above requested motion. Budget Impact: N/A Attachments: 2026 Tobacco Business License Renewals 89 2026 Tobacco License Holders AFFC. Inc. dba Arnie's Friendly Folks Club —122 1st Av East Canterbury Park Concessions -1100 Canterbury Rd Cub Foods —1198 Vierling Drive East Cub Liquor -1262 Vierling Drive DG Retail dba Dollar General —1202 Shakopee Town Square, DG Retail dba Dollar General -1260 4th Avenue Fraternal Order of Eagles — 220 2nd Av West BP Normandale Village/Shakopee Shell - 312 1st Street West Hennen's Auto Service — 807 1st Av East Holiday Stationstores — 8002 Old Carriage Ct. Holiday Stationstores - 444 1st Av East Holiday Stationstores -1381 Greenwood Ct. Holiday Stationstores - 3901 Eagle Creek Blvd. Holiday Stationstores —1611 Windermere Way Hy-Vee Gas —1421 Adams Street South Hy-Vee Grocery —1451 Adams Street South JNS Liquors dba Southbridge Liquors — 8071 Old Carriage Court Kwik Trip —1522 Vierling Dr. East Kwik Trip - 8225 Crossings Blvd. Merwin Liquors - 471 Marschall Road Nicollet Tobacco —185 1st Avenue East Northstar Regional 1250 Lincoln Street Riverside Liquors Inc. — 5071st Av East Shahin Property Management dba Shakopee Outlet Plus —1148 Vierling Drive East Shakopee Liquors dba Shakopee Wine Cellars -4041 Dean Lakes Blvd. Stonebrooke Golf Club — 2693 Co Rd 79 SuperAmerica (speedway) —1195 Canterbury Rd SuperAmerica (Speedway) - 1155 1 Av E SuperAmerica (Speedway) -1298 Vierling Dr. E Top Star Market -615 Marschall Road South Turtle's Bar & Grill —132 1 Ave East 90 Van Cambo Inc. dba Southside Liquors —1667 17th Avenue East Walgreens —1291 Tasha Blvd Walmart — 8101 Old Carriage Ct. 91 SHAKOPEE WILLA! Shakopee City Council 5.n December 2, 2025 Agenda Item: Approve Pawnbroker Business License Renewals for 2026 Prepared by: Heidi Emerson, Deputy City Clerk Reviewed by: Action to be considered: Approve the 2026 Pawnbroker business license renewals for the following businesses: • Excel Pawn Inc. dba Excel Pawn & Jewelry • Pawn Xchange LLC. Motion Type: Simple Majority Background: Staff has received Pawnbroker business license renewal applications for the following businesses: • Excel Pawn Inc. dba Excel Pawn & Jewelry, located at 450 1st Avenue West. • Pawn Xchange LLC. located at 1133 Canterbury Road. City Code 113.08 (C) states; Every licensee shall pay a billable transaction fee for each billable transaction handled by the licensee. The amount of the fee shall be set by Resolution of the City Council in an amount that reflects the cost of processing billable transactions. Billable transaction fees shall be billed monthly and are due and payable within 30 days. The Police Department has advised that they are unaware of any reason that these licenses should not be renewed. Recommendation: Approve the above request motion Budget Impact: N/A 92 Attachments: 93 SHAKOPEE WILLA! Shakopee City Council 5.o December 2, 2025 Agenda Item: Approve the Taxicab Business License Renewals for 2026 Prepared by: Heidi Emerson, Deputy City Clerk Reviewed by: Action to be considered: Approve the Taxicab Business License Renewals for 2026. Motion Type: Simple Majority Background: Staff has received Taxicab Business license renewal applications for the following businesses: • Bradford Transportation dba Shakopee Taxi • TNT Taxi • Kurtesy Ride The applications are in order. All fees will be required to be paid in full prior to issuance of the licenses. The Police Department has no concerns renewing licenses for these businesses. Recommendation: Approve the above requested motion. Budget Impact: N/A Attachments: 94 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 5.p December 2, 2025 Purchase of land in the West End for Open Space to Protect the Bluff. Michael Kerski, Planning and Development Director Michael Kerski Action to be considered: The purpose of this action is to approve the City's acquisition of approximately 31 acres of land from the R &J Breeggemann Family Partnership, LP, authorize execution of all closing documents, and approve the Access Easement Agreement and Declaration of Covenants, Conditions, and Restrictions associated with the transaction. Motion Type: Simple Majority Background: The City has negotiated the purchase for $1,380,150 of a large parcel of land located generally south of Old Brickyard Road and west of County Highway 15. The property is legally described in Exhibit A of the Purchase Agreement and consists of approximately 31 acres and is adjacent to other open space acquired as part of the developments by Pulte Homes and D.R. Horton and is west of an existing open space acquired by the city from the Theis Family and another large open space acquired as part of the original Windermere development. (see aerial map) The Seller, the R &J Breeggemann Family Partnership, LP, desires to convey the property to the City for public purposes. As part of the conveyance, a portion of the property value is being donated to the City, which is acknowledged in the Agreement as a charitable contribution. Purchase Price & Valuation • The Scott County Assessor has valued the property at $1,866,800. • Seller is donating a portion of the value to the City, mutually valued at $486,650, resulting in a City payment of $1,380,150 to acquire the remaining interest. The proposed purchase supports the City's long-term goals for the creation of public greenway, open space preservation, and coordinated future land use planning. 95 This site was identified as open space in the 2040 Comprehensive Plan, Envision Shakopee. It is home to a number of endangered species including the Rusty Patched Bumble Bee that has been designated as an endangered species and is protected in 33 counties in Illinois, Iowa, Minnesota, Virginia, West Virginia and Wisconsin. The area will be preserved and will have a walking path that can be accessed from the adjoining neighborhoods or at the ends from existing trailheads. The transaction will close in January 2026. Recommendation: Approve the City's acquisition of approximately 31 acres of land from the R &J Breeggemann Family Partnership, LP, for $1,380,150 and authorize execution of all closing documents, and approve the Access Easement Agreement and Declaration of Covenants, Conditions, and Restrictions associated with the transaction. Budget Impact: Paid for out of Park Development Funds. Attachments: Winderemere Public Open Space.pdf Purchase Agreement-10461858-v4.docx DOCSOPEN-#1061655-v1-Access Easement Agreement(10520665_2).docx DOCSOPEN-#1061656-v1-Declaration of Covenants_ Conditions and Restrictions(10530476_2).docx 96 it 13I111WAIOO;iikl�iili�9ilii . )� ��©�`�ii.laii:at ,azzat uliggiggin Vfl I _.h► T IIM =Ill Eme NU IN - r,. SE! EM JS L'ILIi. r • .• � u' .. I o w r" r C.,- -Fae• ' • AJ ``` �. �: : nnir Si M ill ®W All_ - Aist aiMileillti firivir4TL'-rab,, West End Public Open Space r'N. : 1( 411 , I, 16.0- , dlpitipcmot iiiiiiiiii &v!v) v *1', 0ee�o �4 • �••'-% * i 'v. i.,. ow. r,1�0 r hri ri. .t rriM� Ate` .siki o AINTp• e,AL407,17.44 �I� 4ti a` ©,�_ AV oak koliw, v vo_..._ �A0 gyp-�. ..1iiiiii� war -- ::71l t� Silliiiiiiiiiiii lIIIII :- .• ler O. • I t 01.443-41`.‘ .., • ', ., • 'LB\ I ' aL I, . '1• it 1 li •� ` • I: . . ._. ip.umgloa Ri 1pigA ;, _ S Nan .1 • SHAKOPEE November 25, 2025 PURCHASE AGREEMENT THIS PURCHASE AGREEMENT (the "Agreement") is made as of this day of 2025, by and between the City of Shakopee, a Minnesota municipal corporation (the "Buyer" or the "City") and R & J Breeggemann Family Partnership, LP, a Minnesota limited partnership (the "Seller"). 1. PROPERTY. Seller is the fee owner of certain real property located in the City of Shakopee, Scott County, Minnesota (PID No. 279140272), legally described on the attached Exhibit A (the "Property"). The legal description of the Property may be amended, if necessary, following completion of the City's title search. 2. OFFER/ACCEPTANCE. Seller agrees to sell the Property to the City and grant the City the exclusive right to purchase the Property, and the City agrees to purchase the Property according to the terms and conditions of this Agreement. The City acknowledges that no items of personal property are included in the sale of the Property. 3. PURCHASE PRICE AND TERMS. A. Valuation of the Property. Contemporaneously with the negotiation and approval of this Agreement, the Scott County Assessor assessed the market value of the Property to be $1,866,800.00 (the "Assessed Value"). Seller and Buyer accept the Assessed Value as the fair market value of the Property and as the basis for the purchase price to be paid by Buyer. B. Buyer's Intended Use of the Property. Buyer is acquiring the Property for use as a greenway for the benefit of the public. Buyer and Seller agree that Buyer's intended use of the Property is for a public purpose. C. Purchase Price. Seller shall make a gift to Buyer of an undivided partial interest in the Property, such gift mutually valued at $486,650.00, and Buyer shall pay to Seller $1,380,150.00 for the remaining undivided partial interest in the Property ("Purchase Price"). The Purchase Price will be paid by Buyer by electronic transfer or other immediately available funds on the date of closing according to the terms of this Agreement. D. Charitable Contribution. Seller's voluntary transfer of a partial interest in the Property to Buyer according to the terms of this Agreement is considered by Buyer and Seller to be a charitable contribution to Buyer. Seller, as donor, will not receive and does not expect to receive any goods or services or other substantial benefit in return for the donation. Buyer's acceptance of a Warranty Deed conveying marketable title to the entirety of the Property to Buyer shall constitute Buyer's acknowledgement of the charitable contribution and acknowledgment that no goods or services or other substantial benefit were provided to Seller in return. E. Payment Terms. Upon Seller's full performance of its obligations under this Agreement, Buyer will direct the Title Company at Closing to tender 98 the balance of the Purchase Price (subject to prorations, reductions and credits as provided herein) to Seller in certified or wire transferred funds. F. Deed/Marketable Title. Subject to performance by Buyer, and subject to Permitted Exceptions, Seller agrees to execute and deliver a Warranty Deed in recordable form conveying marketable title to the Property to Buyer. 4. CONTINGENCIES. Buyer's obligation to purchase the Property is contingent upon: (a) Buyer's approval of this Agreement by Buyer's governing body; (b) Buyer's determination of satisfactory title to the Property, at its sole discretion; (c) Buyer's satisfaction of an environmental review of the Property, at its sole discretion; and (d) Buyer's satisfaction of a physical inspection of the Property, at its sole discretion. Buyer shall have the time described in Paragraph 5 below to complete its Due Diligence review. The contingencies are solely for the benefit of Buyer and, with the exception of contingency 4.(a), may be waived by Buyer. If Buyer gives written notice to Seller that the contingencies are duly satisfied or waived, Buyer and Seller shall proceed to close the transaction. If any contingency is not satisfied or waived, this Agreement may be voided at the written option of Buyer, written notice of which termination shall be given to Seller no later than the expiration of the Due Diligence period or any extension thereof described in Paragraph 6. 5. TITLE MATTERS. As soon as reasonably possible after execution of this Agreement by both parties, Buyer shall obtain, at Buyer's expense, a commitment for an owner's policy of title insurance for the Property as issued by All American Title Co. ("Title Company"), naming Buyer as the proposed insured (the "Title Commitment"). Buyer shall provide a copy of the Title Commitment to Seller. Buyer shall have 10 calendar days from the date it receives the Title Commitment to raise any written objections to the Title Commitment ("Objections"); provided that Buyer shall not object to, and Objections shall not include, (i) building and zoning laws, and state and federal regulations; (ii) restrictions relating to use or improvement of the Property without effective forfeiture provisions; (iii) reservation of any mineral rights by the State of Minnesota or other governmental authority; (iv) utility and drainage easements which do not interfere with existing improvements; and (v) existing matters of record that cannot be released by the payment of money (collectively "Permitted Exceptions"). If any Objections are made by Buyer, Seller may be allowed until the Closing Date to cure the Objections and make the title to the Property good and marketable of record in Seller. Notwithstanding the foregoing, Seller shall have no obligation to cure any Objections. If any Objections remain uncured by Seller on the Closing Date, Buyer, as its sole and exclusive remedy, may either: (A) terminate this Agreement by giving written notice to the Seller; or (B) elect to accept the title in its unmarketable condition and without reduction of the Purchase Price by giving written notice to Seller. 6. DUE DILIGENCE PERIOD. The term "Due Diligence Period" shall mean the period commencing on the Agreement Date and ending 45 days following the Agreement Date. Buyer shall have one option to, by written notice to Seller made on or before the end of the then applicable Due Diligence Period, extend the Due Diligence Period by 15 days. During the Due Diligence Period, upon 24 hours' notice to Seller, Buyer, its agents and employees shall have the right to enter upon the Property at all reasonable hours and conduct environmental and physical inspection of the Property (the "Inspections"). The Inspections may include surveying, 2 99 investigations, soil borings and testing, and drilling, monitoring, sampling and testing of any wells, and other inspections as Buyer may elect. Buyer shall provide to Seller written copies of results, data, summaries and reports of or concerning the Inspections (collectively "Reports"). All Inspections conducted by Buyer shall be at Buyer's sole expense. Buyer shall return any Property disturbed by the Inspections to its original or similar condition at Buyer's expense, except that Buyer shall not be required to restore any latent defect or pre-existing condition at the Property not caused by Buyer's or its agents', contractors' or employees' entry on the Property. Buyer shall indemnify, defend, and hold Seller harmless (collectively "Indemnity") from and against any and all liability, damage, injury, claim, lien, cause of action, costs or other expenses, including without limitation reasonable attorney fees, caused by the activities of Buyer, its agents, employees and contractors on the Property or in connection with the exercise by Buyer of its rights under this Paragraph 6, provided, however, that Buyer shall have no responsibility or liability, and no obligation to indemnify or defend Seller, for (a) any act or omission of Seller or Seller's officials, agents, employees, and representatives; (b) any adverse condition or defect on or affecting the Property not caused or impacted by Buyer or its employees, agents, consultants, or contractors discovered during the Inspections including, without limitation, the pre-existing presence or discovery of any matter such as, but not limited to, any Hazardous Substance as defined as including, without limitation, gasoline, petroleum products, explosives, radioactive materials, hazardous materials, hazardous wastes, hazardous or toxic substances, polychlorinated biphenyls or related or similar materials, asbestos or any material containing asbestos, or any other substance or material as may be defined as a hazardous or toxic substance by any federal, state or local environmental law, ordinance, rule, or regulation including, without limitation, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (42 U.S.C. Section 9601, et seq.), the Hazardous Materials Transportation Act, as amended (42 U.S.C. Section 1801, et seq.), the Resource Conservation and Recovery Act, as amended (42 U.S. C. Section 1251, et seq.), the Clean Air Act, as amended (42 U.S.C. Section 7401, et seq.) and in the regulations adopted and publications promulgated pursuant thereto; (c) the results or findings of any inspection not caused or impacted by Buyer or its employees, agents, consultants, or contractors discovered during their inspections; and/or (d) Buyer's election to terminate this Agreement as a result of any Inspection pursuant to this Agreement. Buyer's obligation of Indemnity under this Paragraph 6 shall survive the termination or closing of this Agreement, as the case may be. 7. CLOSING. The closing shall take place on January 5, 2026, or on such other date mutually agreed upon by the Parties. The closing shall be conducted as an escrow closing through the offices of the Title Company, or such other process or location mutually agreed upon by the Parties. 8. DOCUMENTS TO BE DELIVERED AT CLOSING BY SELLER. In addition to the Warranty Deed required at Paragraph 3.C., Seller shall deliver to Buyer: (a) Standard form Affidavit of Seller. (b) ALTA Statement or other form of Settlement Statement prepared by the title company closing of the purchase and sale of the Property. (c) FIRPTA affidavit that Seller is not a "foreign person" as such term is defined within Section 1445 of the Internal Revenue Code. 3 100 (d) A certificate in a form acceptable to Buyer certifying that the Seller's representations and warranties as contained in this Agreement are true now and on the Closing Date as if made on the Closing Date (the "Bring -Down Certificate"). (e) Well disclosure certification, if required. A partial termination of lease agreement as to the unwritten lease referenced in Paragraph 10(k) herein as it affects the Property. Any other documents as may be reasonably required by the title insurance company in order to complete the transaction contemplated by this Agreement. 9. DOCUMENTS TO BE DELIVERED AT CLOSING BY BUYER. (a) An access easement ("Easement") to Seller in the form attached hereto as Exhibit B for the purpose of servicing the Seller's adjacent well and farm building located at 12355 Old Brick Yard Road (PID No. 279140291) (the "Adjacent Property") until such time that the entirety of the Adjacent Property is sold. (b) A covenant ("Covenant") appurtenant to the Property for the benefit of Seller in the form attached hereto as Exhibit C for the purpose of requiring that the Property shall only be used for green space and shall not be used for development purposes. (c) Any affidavits of Buyer, certificates of value, or other documents as maybe reasonably required by the title company in order to complete the transaction contemplated by this Agreement. 10. SELLER'S WARRANTIES. Seller represents and warrants to Buyer now and as of the Closing Date that: (a) Authority. Seller is the fee owner of the Property and has the requisite power and authority to enter into this Agreement, and the persons signing this Agreement and the Seller's closing documents on behalf of the Seller are authorized to do so. Seller will cause the Property to be released from any mortgages or other liens at or prior to the Closing Date. (b) Rights of Others to Purchase the Property. Seller has not entered into any other contracts for the sale of the Property, nor are there any rights of first refusal or options to purchase the Property or any other rights of others that might prevent the consummation of this Agreement. (c) Green Acres Taxes. Buyer shall promptly pay when due any and all taxes related to Scott County Green Acres tax or payoffs thereof for the Property, 4 101 as may be described in a Green Acres payoff statement provided by Scott County. (d) Legal Proceedings. There is no action, litigation, investigation, condemnation, or proceeding of any kind pending, and Seller has no actual knowledge that any such action is contemplated. (e) Wells. Seller does not know of any wells on the Property. (f) Underground Storage Tanks. Seller does not know of any underground storage tanks located on the Property. (g) Sewage Treatment Systems. Seller does not know of any existing septic system or septic tanks located on the Property. (h) No Planned Improvements. Seller has received no notices with respect to improvements planned which may result in special assessments being levied against the Property before the Closing Date. (i) Methamphetamine Production. To the best of Seller's knowledge, methamphetamine production has not occurred on the Property. (j) Foreign Status. Seller is not a "foreign person" as such term is defined in the Internal Revenue Code. (k) Tenants. There are no leases affecting the Property and no third parties in possession of the Property, other than an unwritten lease between Seller, as lessor, and Edwin Breeggemann and Steven Breeggemann, as lessees. All such representations and warranties shall be true and correct on and as of the Closing Date with the same force and effect as if made at that time; and all of such representations and warranties shall survive the closing. 11. BUYERS REPRESENTATIONS AND WARRANTIES. Buyer represents and warrants to Seller that: (a) Organization and Authority. Buyer has the requisite power and authority to enter into and perform this Agreement. The persons signing this Agreement and the Buyer's closing documents on behalf of the Buyer are authorized to do so. (b) Indemnification for the Buyer's Investigation. Buyer shall promptly pay when due any and all charges related to its Inspections. (c) IRS Form 8283. Following the Closing, if and when Seller prepares IRS Form 8283 for filing in support of a claim for tax deductibility of the noncash charitable contribution to Buyer, then Buyer shall reasonably promptly 5 102 execute the Donee Acknowledgement on Seller's Form 8283 and return the form to Seller. All such representations and warranties shall be true and correct on and as of the Closing Date with the same force and effect as if made at that time; and all of such representations and warranties shall survive the closing and any cancellation or termination of this Agreement. 12. "AS -IS" SALE. Buyer acknowledges that it has inspected or has had the opportunity to inspect the Property and agrees to accept the Property "AS IS" with no right of set off or reduction in the purchase price. Such sale shall be without representation of warranties, express or implied, either oral or written, made by Seller or any official, employee, contractor, or agent of Seller with respect to the physical condition of the Property, including but not limited to, the existence or absence of petroleum, hazardous substances, pollutants or contaminants in, on, or under, or affecting the Property or with respect to the compliance of the Property or its operation with any laws, ordinances, or regulations of any government or other body, except as stated above. Buyer acknowledges and agrees that Seller has not made and does not make any representations, warranties, or covenants of any kind or character whatsoever, whether expressed or implied, with respect to warranty of income potential, operating expenses, uses, habitability, tenant ability, or suitability for any purpose, merchantability, or fitness of the Property for a particular purpose, all of which warranties Seller hereby expressly disclaims, except as stated above. 13. REMOVAL OF PERSONAL PROPERTY. Seller shall remove from the Property all items of personal property, including any vehicles, junk, or debris prior to the transfer of the Property to Buyer. Any personal property or fixtures remaining on the Property after its conveyance to Buyer shall be deemed to have been abandoned and shall be removed by Buyer at Seller's expense. Buyer shall provide written evidence of reasonable costs incurred for such removal, and such removal costs shall not exceed $10,000. 14. CLOSING COSTS. Buyer will pay: (a) one-half of the closing fees charged by the Title Company utilized to close the transaction contemplated by this Agreement; (b) the cost of the Title Commitment; (c) the premium for any policy of title insurance it elects to purchase and the cost of any endorsements; and (d) the recording fee for the deed transferring title to Buyer, the Easement and the Covenant. Seller will pay (a) one-half of the closing fees charged by the Title Company utilized to close the transaction contemplated by this Agreement; (b) any transfer and deed taxes, conservation fees, and well disclosure fees required to enable Buyer to record the Warranty Deed from Seller under this Agreement; and (c) fees and charges related to the filing of any instrument required to make title marketable. Each party shall pay its own accounting and legal fees. 15. REAL ESTATE TAXES AND SPECIAL ASSESSMENTS. Real estate taxes due and payable in the year of closing shall be prorated as of the Closing Date. Seller shall pay on or before the Closing Date all real estate taxes due and payable in all prior years including all penalties and interest. Seller shall pay on the Closing Date all special assessments levied or pending as of the Closing Date. 6 103 16. NOTICE. Any notice or other communication which may or must be given by the parties shall be deemed to have been given or rendered in writing, and delivered to either party personally; or if mailed by United States registered or certified mail to the addresses set forth below, return receipt requested, postage prepaid and addressed as follows: BUYER: City of Shakopee Attn: City Administrator 485 Gorman St. Shakopee, MN 55379 With Copy to: Kennedy & Graven, Chartered Attn: Jim Thomson 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 SELLER: With Copies to: R & J Breeggemann Family Partnership, LP Attn: Edwin Breeggemann 12355 Old Brick Yard Rd Shakopee, MN 55379 Streeter Companies Attn: Ken Streeter ken@streetercompanies.com and Moss & Banett P.A. Attn: David S. Johnson 150 South Fifth Street, Suite 1200 Minneapolis, MN 55402 or such other address as either party may give to the other according to the notice provision of this Paragraph. 17. REMEDY; PROCEEDING TO CLOSE. In the event that any of Seller's representations, warranties or covenants set forth in this Agreement are not true and correct as of the Closing Date, the Buyer may, in addition to its other remedies, elect to close under this Agreement notwithstanding the failure of such representation or warranty. 18. SURVIVAL. Exclusive of the rights and obligations associated with the Easement and the Covenant which shall survive indefinitely, the parties' obligations under this Agreement and their representations and warranties shall not be merged into any instruments or conveyance delivered at Closing and shall survive Closing for one year; provided that any action based on a breach of any such representations or warranties shall be commenced within one (1) year after the Closing (the "Survival Period"). Each party agrees to indemnify, defend and hold harmless the other and their respective successors and assigns, from and against all liability, damages and losses whatsoever, including reasonable attorneys' fees, resulting from any knowing or intentional breach 7 104 or warranty or covenant or misrepresentation made by the indemnifying party herein or in any document, certificate or exhibit given or delivered in connection herewith; this indemnification is in addition to any remedies set forth elsewhere in this Agreement. Notwithstanding the foregoing, the indemnification obligation set forth above shall not exceed the amount of the purchase price paid at Closing. 19. CONTROLLING LAW. This Agreement has been made under the substantive laws of the State of Minnesota which shall control its interpretation. 20. CONDEMNATION. If, prior to the Closing, eminent domain proceedings are commenced against the Property, Seller shall immediately give notice to Buyer of the proceedings and, at the Buyer's written option (to be exercised within 14 calendar days after the date of Seller's notice), this Agreement shall terminate, in which event neither party will have further obligations under this Agreement. If Buyer does not terminate this Agreement according to this Paragraph, there shall be no reduction in the Purchase Price, and Seller shall assign to Buyer at the Closing Seller's right, title, and interest in and to any award made or to be made in the condemnation proceedings. Before the Closing Date, Seller shall not designate counsel, appear in, or otherwise act with respect to any condemnation proceedings including the Property without Buyer's prior written consent. 21. RISK OF LOSS. Except as provided in Paragraph 6 herein, Seller shall bear all risk of loss resulting from damage to or of all or a portion of the Property which may occur prior to Closing by way of casualty or otherwise ("Risk of Loss Event"). Following any Risk of Loss Event, Buyer may, in its sole discretion, by written notice to Seller within 14 calendar days after receiving written notice from Seller of such Risk of Loss Event, terminate this Agreement, in which event neither Party shall have any further obligations under this Agreement. If necessary, the Closing Date shall be extended to allow Buyer such 14 -day period. In the event of any Risk of Loss Event which does not result in a termination of this Agreement, Seller shall, at Closing, pay Buyer or credit Buyer against the Purchase Price the amount of any insurance proceeds attributable to Risk of Loss Event, or assign to Buyer, as of Closing and in a form acceptable to Buyer, all rights or claims for relief to the same, and credit to Buyer an amount equal to the deductible, if any, under any applicable insurance policy of Seller. 22. BROKER COMMISSIONS. With respect to this Agreement, Seller has worked with broker Streeter Companies. Seller and Buyer represent and warrant to each other that they have not dealt with any other brokers in connection with the transaction contemplated by this Agreement. Seller shall be responsible for paying all applicable brokerage commissions or finders' fees in connection with the purchase of the Property in accordance with this Agreement. Seller shall indemnify, defend, and hold harmless Buyer against any claim made by any agent or broker for a commission or fee based on acts or agreements of Seller. Buyer will indemnify, defend, and hold harmless Seller against any claim made by any agent or broker for a commission or fee based on acts or agreements of Buyer. The foregoing indemnification shall survive Closing. 23. NO PARTNERSHIP OR JOINT VENTURE. Nothing in this Agreement shall be construed or interpreted as creating a partnership or joint venture between Seller and Buyer relative to the Property. 8 105 24. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of which will be an original, and the counterparts together will constitute one and the same instrument. 25. ENTIRE AGREEMENT. This Agreement constitutes the entire agreement between the parties and supersedes any agreements and understandings, either oral or written between the parties with respect to the Property. 26. AMENDMENT AND MODIFICATION. No amendment, modification or waiver of any condition, provision or term of this Agreement shall be valid or have any effect unless it is made in writing, and signed by the party to be bound. 27. SEVERABILITY. If any provision of this Agreement is found by a court of competent jurisdiction to be invalid or unenforceable, the remaining provisions of this Agreement shall remain in full force and effect and shall be interpreted, performed, and enforced as if the invalid or unenforceable provision did not appear herein. 28. CUMULATIVE RIGHTS. Except as may otherwise be provided herein, no right or remedy herein conferred on or reserved by either party is intended to be exclusive of any other right or remedy provided by law, but such rights and remedies shall be cumulative in and in addition to every other right or remedy given herein or elsewhere or existing at law, equity or by statute. 29. CAPTIONS. The paragraph headings or captions appearing in this Agreement are for convenience only, are not a part of this Agreement, and are not to be considered in interpreting this Agreement. 30. BINDING EFFECT. This Agreement binds and benefits the parties and their successors and assigns. This Agreement is not assignable by either party without the other party's written consent. [Remainder of Page Left Intentionally Blank; Signature Page Follows] 9 106 IN WITNESS WHEREOF, the undersigned have executed this Agreement on the date and year above. BUYER CITY OF SHAKOPEE By: Matt Lehman, Mayor By: William H. Reynolds, City Administrator SELLER R & J BREEGGEMANN FAMILY PARTNERSHIP, LP By: Edwin C. Breeggemann, General Partner By: Steven R. Breeggemann, General Partner THIS INSTRUMENT DRAFTED BY: Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 (612) 337-9300 10 107 EXHIBIT A Legal Description of the Property That part of the North Half of the Northwest Quarter, that part of the Southwest Quarter of the Northwest Quarter, and that part of the Southeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, Scott County, Minnesota, EXCEPT that party lying northwesterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 570.00 feet to the point of beginning of the line to be described; thence South 21 degrees 44 minutes 07 seconds West, a distance of 171.97 feet; thence South 73 degrees 49 minutes 04 seconds West, a distance of 755.93 feet; thence South 52 degrees 16 minutes 19 seconds West, a distance of 629.37 feet; thence South 03 degrees 47 minutes 42 seconds West, a distance of 174.64 feet; thence South 87 degrees 06 minutes 12 seconds West, a distance of 236.43 feet; thence South 48 degrees 45 minutes 37 seconds West, a distance of 233.77 feet; thence South 11 degrees 38 minutes 29 seconds West, a distance of 103.68 feet; thence South 81 degrees 43 minutes 48 seconds West, a distance of 124.59 feet; thence South 36 degrees 15 minutes 07 seconds West, a distance of 194.86 feet; thence South 74 degrees 28 minutes 14 seconds West, a distance of 145.03 feet; thence South 46 degrees 45 minutes 59 seconds West, a distance of 372.91 feet; thence South 27 degrees 19 minutes 34 seconds West, a distance of 358.13 feet to the north line of the South 202.00 feet of said Southwest Quarter of the Northwest Quarter; thence South 88 degrees 20 minutes 53 seconds West, along said north line, a distance of 90.03 feet to the west line of the said Southwest Quarter of the Northwest Quarter and said line there terminating. AND ALSO EXCEPT that part lying southeasterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 991.16 feet to the point of beginning of the line to be described; thence South 27 degrees 42 minutes 44 seconds West, a distance of 403.01 feet to the north line of said Southeast Quarter of the Northwest Quarter; thence South 88 degrees 00 minutes 32 seconds West, along said north line a distance of 538.78 feet; thence South 48 degrees 56 minutes 59 seconds West, a distance of 409.28 feet; thence South 00 degrees 45 minutes 22 seconds West, a distance of 320.82 feet; thence South 67 degrees 26 minutes 45 seconds West, a distance of 657.15 feet; thence South 60 degrees 11 minutes 35 seconds West, a distance of 255.97 feet; thence South 89 degrees 42 minutes 07 seconds West, a distance of 243.61 feet; thence South 12 degrees 35 minutes 35 seconds West, a distance of 211.40 feet to the northwest corner of the East 216.0 feet of the West 698.0 feet of the South 202.0 feet of said Southwest Quarter of the 108 Northwest Quarter; thence South 00 degrees 17 minutes 53 seconds East, along the west line of said East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter, a distance of 202.06 feet to the south line of said Southwest Quarter of the Northwest Quarter and said line there terminating. EXCEPTING THEREFROM The East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter. AND The West 266 feet of the South 202 feet of the Southwest Quarter of the Northwest Quarter. 109 EXHIBIT B Form of Access Easement [to be inserted] 110 EXHIBIT C Form of Covenant [to be inserted] 111 ACCESS EASEMENT AGREEMENT THIS ACCESS EASEMENT AGREEMENT (this "Agreement") is made as of the day of , 20, by and between the City of Shakopee, Minnesota ("City"), a municipal corporation, and R & J Breeggemann Family Partnership, LP ("Breeggemann"), a Minnesota limited partnership, and is based on the following facts: A. City has purchased from Breeggemann, and now is the owner of, certain real property located in the City of Shakopee, Scott County, Minnesota, legally described on Exhibit A attached hereto and incorporated herein by reference (the "City Parcel" or the "Burdened Parcel"). B. Breeggemann is the owner of certain real property located in the City of Shakopee, Scott County, Minnesota, legally described on Exhibit B attached hereto and incorporated herein by reference (the "Breeggemann Parcel" or the "Benefitted Parcel"). C. Breeggemann has requested that City grant to Breeggemann a limited easement for the sole purpose of access across the City Parcel to maintain a well and a building located on the Breeggemann Parcel according to the terms of Section 2 herein. D. City has agreed to grant such an easement, subject to certain terms and conditions. E. Breeggemann and City wish to set forth in writing the terms of their agreement related to the foregoing. NOW, THEREFORE, in consideration of the facts stated above, the mutual premises and covenants set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Breeggemann and City hereby agree as follows: 1. Recitals Incorporated. The facts stated above are hereby incorporated into and made a part of this Agreement. 2. Grant of Easement. City hereby grants to Breeggemann a non-exclusive pedestrian and vehicular ingress and egress access easement (the "Easement"), on the terms and subject to the conditions set forth in this Agreement, extending seventy-five (75) feet over the portion of the City Parcel (the "Easement Area") as depicted on Exhibit C attached hereto and made a part hereof by this reference, for the purpose of Breeggemann accessing, utilizing, servicing, repairing and otherwise maintaining a well and a building located on the Benefitted Parcel. 112 3. Permitted Users. Breeggemann, and individual members of the Breeggemann family who are successors in interest to Breeggemann, their respective tenants and subtenants, and their respective agents, contractors, subcontractors, employees and invitees shall be entitled to use the Easement throughout the existence of the Easement. 4. Termination of Easement. The Easement automatically shall expire and terminate at such time as the fee title interest to the entirety of the Benefitted Parcel is conveyed, whether in one or more conveyances, to one or more grantees none of whom include Breeggemann or any individual members of the Breeggemann family who are successors in interest to Breeggemann. Upon such expiration and termination, Breeggemann promptly upon request by City shall execute and deliver in recordable form an instrument reasonably requested by City to evidence the expiration and termination of the Easement. 5. Maintenance of Easement Area. To the extent of Breeggemann's use of the Easement Area, Breeggemann shall keep and maintain the Easement Area in good, clean and orderly condition, free from obstructions, and shall repair any damage within the Easement Area proximately caused by and resulting from Breeggemann's use of the Easement Area. 6. Indemnity. Breeggemann shall indemnify, defend and hold City harmless from all liability, suits, actions, claims, costs, damages and expenses of every kind and description, including court costs and legal fees, for claims of any character, including liability and expenses in connection with the loss of life, personal injury and/or damage to property, brought or threatened because of or arising out of the use of the Easement Area by any of the individuals or entities listed in Section 3 above. 7. Non -Exclusive Use. Breeggemann and City shall have equal rights of ingress and egress over the Easement Area, and neither shall act, or permit any of its tenants or subtenants or any of its or their respective agents, contractors, subcontractors, employees or invitees, to act in a manner that impairs the use of the Easement Area by the other party. 8. Covenants Run with Land. All of the terms and conditions in this Agreement, including the benefits and burdens, shall run with the land and shall be binding upon, inure to the benefit of, and be enforceable by and against Breeggemann and City, and their respective successors in title to the Breeggemann Parcel and the City Parcel, respectively. The Easement shall be appurtenant to the Breeggemann Parcel, and may not be assigned, encumbered or transferred separately from title to the Breeggemann Parcel. The benefit of the Easement shall not be extended to any property other than the Breeggemann Parcel without the prior written consent of City. 9. Non -Use. Non-use or limited use of the Easement shall not prevent Breeggemann from later use of the Easement to the fullest extent authorized in this Agreement. 10. Governing Law. This Agreement shall be construed and enforced in accordance with the laws of the State of Minnesota. 11. Entire Agreement. This Agreement sets forth the entire understanding of the parties and may not be changed except by a written document executed and acknowledged by both parties 2 113 to this Agreement and duly recorded in the office of the County Recorder for Scott County, Minnesota. 12. Notices. All notices to either party to this Agreement shall be in writing and shall be deemed to have been given when delivered in person, or sent by certified mail, postage prepaid, return receipt requested, to the other party at that party's address, as follows: CITY: City of Shakopee Attn: City Administrator 485 Gorman Street Shakopee, Minnesota 55379 BREEGGEMANN: R & J Breeggemann Family Partnership, LP Attn: Edwin Breeggemann 12355 Old Brick Yard Road Shakopee, Minnesota 55379 Either party may change its address for notice by providing notice to the other party. 13. Invalidity. If any term or condition of this Agreement, or the application of this Agreement to any person or circumstance, shall be deemed invalid or unenforceable, the remainder of this Agreement, where the application of the term or condition to persons or circumstances other than those to which it is held invalid or unenforceable, shall not be affected thereby, and each term and condition shall be valid and enforceable to the fullest extent permitted by law. 14. Waiver. No delay or omission by any party in exercising any right or power arising out of any default under any of the terms or conditions of this Agreement shall be construed to be a waiver of the right or power. A waiver by a party of any of the obligations of the other party shall not be construed to be a waiver of any breach of any other terms or conditions of this Agreement. 15. Enforcement. Enforcement of this Agreement may be by proceedings at law or in equity against any person or persons violating or attempting or threatening to violate any term or condition in this Agreement, either to restrain or prevent the violation or to obtain any other relief. If suit is brought to enforce this Agreement, the prevailing party shall be entitled to recover its costs, including reasonable attorneys' fees, from the other party. 16. Counterparts. This Agreement may be executed in multiple counterparts, each of which shall constitute an original but all of which shall together constitute a single agreement. 17. Recording. This Agreement shall be filed of record with the Scott County Recorder, against the title for the Burdened Parcel and against the title for the Benefitted Parcel. The cost of such recording shall be borne by City. 3 114 IN WITNESS WHEREOF, Breeggemann and City have caused this Agreement to be duly executed, effective as of the date first provided above. Dated: CITY OF SHAKOPEE By: Matt Lehman, Mayor By: William H. Reynolds, City Administrator Dated: R & J BREEGGEMANN FAMILY PARTNERSHIP, LP By: Edwin C. Breeggemann, General Partner By: Steven R. Breeggemann, General Partner STATE OF MINNESOTA ) ) ss. COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of 20 , by Matt Lehman, Mayor of the City of Shakopee, Minnesota, on behalf of the city. Notary Public STATE OF MINNESOTA COUNTY OF SCOTT The foregoing instrument was acknowledged before me this day of 20 , by William H. Reynolds, City Administrator of the City of Shakopee, Minnesota, on behalf of the city. Notary Public 4 115 STATE OF MINNESOTA ) ss. COUNTY OF SCOTT The foregoing instrument was acknowledged before me this day of 20 , by Edwin C. Breeggemann, General Partner of R & J Breeggemann Family Partnership, LP, a Minnesota limited partnership, on behalf of the partnership. Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of 20 , by Steven R. Breeggemann, General Partner of R & J Breeggemann Family Partnership, LP, a Minnesota limited partnership, on behalf of the partnership. Notary Public THIS INSTRUMENT WAS DRAFTED BY: Moss & Barnett 150 South Fifth Street, Suite 1200 Minneapolis, MN 55402 5 116 EXHIBIT A City Parcel That part of the North Half of the Northwest Quarter, that part of the Southwest Quarter of the Northwest Quarter, and that part of the Southeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, Scott County, Minnesota, EXCEPT that party lying northwesterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 570.00 feet to the point of beginning of the line to be described; thence South 21 degrees 44 minutes 07 seconds West, a distance of 171.97 feet; thence South 73 degrees 49 minutes 04 seconds West, a distance of 755.93 feet; thence South 52 degrees 16 minutes 19 seconds West, a distance of 629.37 feet; thence South 03 degrees 47 minutes 42 seconds West, a distance of 174.64 feet; thence South 87 degrees 06 minutes 12 seconds West, a distance of 236.43 feet; thence South 48 degrees 45 minutes 37 seconds West, a distance of 233.77 feet; thence South 11 degrees 38 minutes 29 seconds West, a distance of 103.68 feet; thence South 81 degrees 43 minutes 48 seconds West, a distance of 124.59 feet; thence South 36 degrees 15 minutes 07 seconds West, a distance of 194.86 feet; thence South 74 degrees 28 minutes 14 seconds West, a distance of 145.03 feet; thence South 46 degrees 45 minutes 59 seconds West, a distance of 372.91 feet; thence South 27 degrees 19 minutes 34 seconds West, a distance of 358.13 feet to the north line of the South 202.00 feet of said Southwest Quarter of the Northwest Quarter; thence South 88 degrees 20 minutes 53 seconds West, along said north line, a distance of 90.03 feet to the west line of the said Southwest Quarter of the Northwest Quarter and said line there terminating. AND ALSO EXCEPT that part lying southeasterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 991.16 feet to the point of beginning of the line to be described; thence South 27 degrees 42 minutes 44 seconds West, a distance of 403.01 feet to the north line of said Southeast Quarter of the Northwest Quarter; thence South 88 degrees 00 minutes 32 seconds West, along said north line a distance of 538.78 feet; thence South 48 degrees 56 minutes 59 seconds West, a distance of 409.28 feet; thence South 00 degrees 45 minutes 22 seconds West, a distance of 320.82 feet; thence South 67 degrees 26 minutes 45 seconds West, a distance of 657.15 feet; thence South 60 degrees 11 minutes 35 seconds West, a distance of 255.97 feet; thence South 89 degrees 42 minutes 07 seconds West, a distance of 243.61 feet; thence South 12 degrees 35 minutes 35 seconds West, a distance of 211.40 feet to the northwest corner of the East 216.0 feet of the West 698.0 feet of the South 202.0 feet of said Southwest Quarter of the 117 Northwest Quarter; thence South 00 degrees 17 minutes 53 seconds East, along the west line of said East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter, a distance of 202.06 feet to the south line of said Southwest Quarter of the Northwest Quarter and said line there terminating. EXCEPTING THEREFROM The East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter. AND The West 266 feet of the South 202 feet of the Southwest Quarter of the Northwest Quarter. 118 EXHIBIT B Breeggemann Parcel That part of the North Half of the Northwest Quarter, that part of the Southwest Quarter of the Northwest Quarter, and that part of the Southeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, Scott County, Minnesota, lying northwesterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 570.00 feet to the point of beginning of the line to be described; thence South 21 degrees 44 minutes 07 seconds West, a distance of 171.97 feet; thence South 73 degrees 49 minutes 04 seconds West, a distance of 755.93 feet; thence South 52 degrees 16 minutes 19 seconds West, a distance of 629.37 feet; thence South 03 degrees 47 minutes 42 seconds West, a distance of 174.64 feet; thence South 87 degrees 06 minutes 12 seconds West, a distance of 236.43 feet; thence South 48 degrees 45 minutes 37 seconds West, a distance of 233.77 feet; thence South 11 degrees 38 minutes 29 seconds West, a distance of 103.68 feet; thence South 81 degrees 43 minutes 48 seconds West, a distance of 124.59 feet; thence South 36 degrees 15 minutes 07 seconds West, a distance of 194.86 feet; thence South 74 degrees 28 minutes 14 seconds West, a distance of 145.03 feet; thence South 46 degrees 45 minutes 59 seconds West, a distance of 372.91 feet; thence South 27 degrees 29 minutes 34 seconds West, a distance of 358.13 feet to the north line of the South 202.00 feet of said Southwest Quarter of the Northwest Quarter; thence South 88 degrees 20 minutes 53 seconds West, along said north line, a distance of 90.03 feet to the west line of the said Southwest Quarter of the Northwest Quarter and said line there terminating. EXCEPTING THEREFROM (A) The North 320.00 feet of the West 340.31 feet of the Northwest Quarter of the Northwest Quarter. (B) The East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter. (C) The West 266 feet of the South 202 feet of the Southwest Quarter of the Northwest Quarter. (D) That part of the West half of the Northwest Quarter and the Northeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, shown as Parcel 43B on Minnesota Department of Transportation Right of Way Plat Numbered 70-16 as the same is on file and of record in the Office of the County Recorder in and for Scott County, Minnesota. 119 (E) That part of the Northwest Quarter of Section 14, Township 115 North, Range 23 West, described as follows: Commencing at the northwest corner of said Section 14; thence on an assumed bearing of South 0 degrees 17 minutes 53 seconds East, along the west line of said Section 14, a distance of 320.00 feet to the point of beginning of the land to be described; thence North 87 degrees 40 minutes 12 seconds East 299.82 feet to the west line of Parcel 43B, MINNESOTA DEPARTMENT OF TRANSPORTATION RIGHT OF WAY PLAT NO. 70-16; thence South 04 degrees 41 minutes 12 seconds West, along said west line of Parcel 43B, 219.49 feet to a corner of said Parcel 43B; thence South 20 degrees 25 minutes 40 seconds West 164.78 feet to a corner of said Parcel 43B; thence South 28 degrees 44 minutes 0 seconds West 186.82 feet to a corner of said Parcel 43B; thence South 35 degrees 56 minutes 22 seconds West 138.01 feet to a corner of said Parcel 43B; thence South 89 degrees 42 minutes 07 seconds West 50.00 feet to a corner of said Parcel 43B and said west line of Section 14; thence North 0 degrees 17 minutes 53 seconds West, along said west line, 636.81 feet to the point of beginning. 120 EXHIBIT C Depiction of Easement Area 121 lama-- q .n 0./t". I %Num to.. .. SUMMERGATE ,,,,. ..... . COMPANIES BBEEGGEMAN N Wig d PROPERTY =LI= SHhLOFtI EAIN., IA . LOT SPLIT RIOIECI A0MHA:00ri1H00 r'[ O2/O5/2O25 2 BREEGGEMANN PROPERTY 122 O•/tYAj5 MO.'{wTnl Westwood 1 tr SUMMERGATE 10.4 BREEGGEMANN PROPERTY vRM :t( 1.Vi,Nt,It, GROSS AR ga BLUES REA. — .83 AC Nt.TAREA •dSj8410: 82.52 AC PURCHASE AREA SKETCH 1 PNf.EON...RN 0015 149 0 0 o.'t ("1/14/2°25 123 DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS THIS DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS (this "Declaration") is made this day of , 20, by the City of Shakopee, Minnesota ("City"), and is based on the following facts: A. City has purchased from R & J Breeggemann Family Partnership, LP ("Breeggemann"), a Minnesota limited partnership, and now is the fee owner of, certain real property located in the City of Shakopee, County of Scott, and State of Minnesota, legally described on Exhibit A attached hereto and incorporated herein by reference (the "Property"). B. Breeggemann is the owner of certain real property located in the City of Shakopee, County of Scott, and State of Minnesota, legally described on Exhibit B attached hereto and incorporated herein by reference, which is contiguous with the Property (the "Breeggemann Parcel"). C. City wishes to impose upon and subject the Property to certain covenants, conditions and restrictions, for the benefit of the Property and for the benefit of the Breeggemann Parcel. NOW, THEREFORE, in consideration of the facts stated above, City hereby makes this Declaration and submits the Property to the covenants, conditions and restrictions set forth below, hereby declaring that this Declaration shall constitute covenants running with the land, and declaring that the Property and each portion thereof shall be owned, used, occupied and conveyed subject to the covenants, conditions and restrictions set forth below, all of which shall be binding upon each person owning or acquiring any right, title or interest therein, and their respective heirs, personal representatives, successors and assigns. 1. Recitals Incorporated. The facts stated above are hereby incorporated into and made a part of this Declaration. 2. Property Use. The Property is zoned for agricultural use. Notwithstanding the foregoing, the Property shall be used for green space purposes and shall not be used for residential, commercial, industrial or other development purposes, including but not limited to the construction, maintenance and use of buildings ancillary to the use of green space, other single 124 purpose buildings, or equipment or buildings as part of municipal or other governmental infrastructure. 3. No Subdivision. So long as any covenant, condition or restriction created by this Declaration remains in effect, the Property may not be subdivided, combined with other parcels of real property, replatted or rezoned, in a manner which permits the development of any portion or all of the Property. Any replatting, rezoning or other subdivision or combination of the Property shall not, in the absence of an amendment to this Declaration, affect the relative rights and obligations of the City. 4. Covenants Run with Land. The covenants and restrictions contained in this Declaration shall bind the City and shall run with and bind the Property and inure to the benefit of and be enforceable by the City and Breeggemann, and their respective legal representatives, successors and assigns. This Declaration shall be appurtenant to the Breeggemann Parcel, and may not be assigned, encumbered or transferred separately from title to the Breeggemann Parcel. 5. Severability. Invalidation of any provision hereof by judgment or court order shall not affect any of the other provisions, which shall remain in full force and effect. 6. Amendment. Any provision of this Declaration benefitting the City or Breeggemann may be amended or waived only by an instrument signed by the City and Breeggemann, or their respective legal representatives, successors and assigns. [The remainder of this page intentionally left blank] 2 125 IN WITNESS WHEREOF, City has caused this Declaration to be duly executed on the day and year first above written. Dated: CITY OF SHAKOPEE By: Matt Lehman, Mayor By: William H. Reynolds, City Administrator STATE OF MINNESOTA ) ) ss. COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of 20 , by Matt Lehman, Mayor of the City of Shakopee, Minnesota, on behalf of the city. Notary Public STATE OF MINNESOTA ) ) ss. COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of 20 , by William H. Reynolds, City Administrator of the City of Shakopee, Minnesota, on behalf of the city. Notary Public THIS INSTRUMENT WAS DRAFTED BY: Moss & Barnett 150 South Fifth Street, Suite 1200 Minneapolis, MN 55402 3 126 EXHIBIT A Property That part of the North Half of the Northwest Quarter, that part of the Southwest Quarter of the Northwest Quarter, and that part of the Southeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, Scott County, Minnesota, EXCEPT that party lying northwesterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 570.00 feet to the point of beginning of the line to be described; thence South 21 degrees 44 minutes 07 seconds West, a distance of 171.97 feet; thence South 73 degrees 49 minutes 04 seconds West, a distance of 755.93 feet; thence South 52 degrees 16 minutes 19 seconds West, a distance of 629.37 feet; thence South 03 degrees 47 minutes 42 seconds West, a distance of 174.64 feet; thence South 87 degrees 06 minutes 12 seconds West, a distance of 236.43 feet; thence South 48 degrees 45 minutes 37 seconds West, a distance of 233.77 feet; thence South 11 degrees 38 minutes 29 seconds West, a distance of 103.68 feet; thence South 81 degrees 43 minutes 48 seconds West, a distance of 124.59 feet; thence South 36 degrees 15 minutes 07 seconds West, a distance of 194.86 feet; thence South 74 degrees 28 minutes 14 seconds West, a distance of 145.03 feet; thence South 46 degrees 45 minutes 59 seconds West, a distance of 372.91 feet; thence South 27 degrees 19 minutes 34 seconds West, a distance of 358.13 feet to the north line of the South 202.00 feet of said Southwest Quarter of the Northwest Quarter; thence South 88 degrees 20 minutes 53 seconds West, along said north line, a distance of 90.03 feet to the west line of the said Southwest Quarter of the Northwest Quarter and said line there terminating. AND ALSO EXCEPT that part lying southeasterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 991.16 feet to the point of beginning of the line to be described; thence South 27 degrees 42 minutes 44 seconds West, a distance of 403.01 feet to the north line of said Southeast Quarter of the Northwest Quarter; thence South 88 degrees 00 minutes 32 seconds West, along said north line a distance of 538.78 feet; thence South 48 degrees 56 minutes 59 seconds West, a distance of 409.28 feet; thence South 00 degrees 45 minutes 22 seconds West, a distance of 320.82 feet; thence South 67 degrees 26 minutes 45 seconds West, a distance of 657.15 feet; thence South 60 degrees 11 minutes 35 seconds West, a distance of 255.97 feet; thence South 89 degrees 42 minutes 07 seconds West, a distance of 243.61 feet; thence South 12 degrees 35 minutes 35 seconds West, a distance of 211.40 feet to the northwest corner of the East 216.0 feet of the West 698.0 feet of the South 202.0 feet of said Southwest Quarter of the Northwest Quarter; thence South 00 degrees 17 minutes 53 seconds East, along the 127 west line of said East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter, a distance of 202.06 feet to the south line of said Southwest Quarter of the Northwest Quarter and said line there terminating. EXCEPTING THEREFROM The East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter. AND The West 266 feet of the South 202 feet of the Southwest Quarter of the Northwest Quarter. 128 EXHIBIT B Breeggemann Parcel That part of the North Half of the Northwest Quarter, that part of the Southwest Quarter of the Northwest Quarter, and that part of the Southeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, Scott County, Minnesota, lying northwesterly of the following described line: Commencing at the North Quarter corner of said Section 14; thence South 00 degrees 18 minutes 42 seconds East, assumed bearing along the east line of said North Half of the Northwest Quarter, a distance of 570.00 feet to the point of beginning of the line to be described; thence South 21 degrees 44 minutes 07 seconds West, a distance of 171.97 feet; thence South 73 degrees 49 minutes 04 seconds West, a distance of 755.93 feet; thence South 52 degrees 16 minutes 19 seconds West, a distance of 629.37 feet; thence South 03 degrees 47 minutes 42 seconds West, a distance of 174.64 feet; thence South 87 degrees 06 minutes 12 seconds West, a distance of 236.43 feet; thence South 48 degrees 45 minutes 37 seconds West, a distance of 233.77 feet; thence South 11 degrees 38 minutes 29 seconds West, a distance of 103.68 feet; thence South 81 degrees 43 minutes 48 seconds West, a distance of 124.59 feet; thence South 36 degrees 15 minutes 07 seconds West, a distance of 194.86 feet; thence South 74 degrees 28 minutes 14 seconds West, a distance of 145.03 feet; thence South 46 degrees 45 minutes 59 seconds West, a distance of 372.91 feet; thence South 27 degrees 29 minutes 34 seconds West, a distance of 358.13 feet to the north line of the South 202.00 feet of said Southwest Quarter of the Northwest Quarter; thence South 88 degrees 20 minutes 53 seconds West, along said north line, a distance of 90.03 feet to the west line of the said Southwest Quarter of the Northwest Quarter and said line there terminating. EXCEPTING THEREFROM (A) The North 320.00 feet of the West 340.31 feet of the Northwest Quarter of the Northwest Quarter. (B) The East 216.0 feet of the West 698.0 feet of the South 202.0 feet of the Southwest Quarter of the Northwest Quarter. (C) The West 266 feet of the South 202 feet of the Southwest Quarter of the Northwest Quarter. (D) That part of the West half of the Northwest Quarter and the Northeast Quarter of the Northwest Quarter, all in Section 14, Township 115 North, Range 23 West, shown as Parcel 43B on Minnesota Department of Transportation Right of Way Plat Numbered 70-16 as the same is on file and of record in the Office of the County Recorder in and for Scott County, Minnesota. 129 (E) That part of the Northwest Quarter of Section 14, Township 115 North, Range 23 West,described as follows: Commencing at the northwest corner of said Section 14; thence on an assumed bearing of South 0 degrees 17 minutes 53 seconds East, along the west line of said Section 14, a distance of 320.00 feet to the point of beginning of the land to be described; thence North 87 degrees 40 minutes 12 seconds East 299.82 feet to the west line of Parcel 43B, MINNESOTA DEPARTMENT OF TRANSPORTATION RIGHT OF WAY PLAT NO. 70-16; thence South 04 degrees 41 minutes 12 seconds West, along said west line of Parcel 43B, 219.49 feet to a corner of said Parcel 43B; thence South 20 degrees 25 minutes 40 seconds West 164.78 feet to a corner of said Parcel 43B; thence South 28 degrees 44 minutes 0 seconds West 186.82 feet to a corner of said Parcel 43B; thence South 35 degrees 56 minutes 22 seconds West 138.01 feet to a corner of said Parcel 43B; thence South 89 degrees 42 minutes 07 seconds West 50.00 feet to a corner of said Parcel 43B and said west line of Section 14; thence North 0 degrees 17 minutes 53 seconds West, along said west line, 636.81 feet to the point of beginning. 130 SHAKOPEE WILLA! Shakopee City Council 8.a December 2, 2025 Agenda Item: 2026 Budget & Property Tax Levy Public Meeting and Presentation Prepared by: Nate Reinhardt, Finance Director Reviewed by: Action to be considered: No action is required at tonight's meeting and the public is welcome to comment on the budget. The 2026 adopted budget will be posted on the city's website. Motion Type: Informational only Background: A detailed budget memo (summary, complete budget book and tonight's powerpoint presentation has been attached. Recommendation: Staff is recommending a city levy of $28,214,480, which is an increase of $1,470,430 of 5.50 percent over last year, and an EDA levy of $550,000, which is an increase of $50,000 from last year. No changes were made to the levy from the preliminary levy that was set in September. For the median value home, whose property value increased from $350,700 to $361,300, this equates to an annual increase of $63 in property taxes. The city tax levy will have a minimal impact of the city's tax rate, slightly increasing from 27.77 percent to 28.67 percent. Budget Impact: A detailed budget memo (summary, complete budget book and tonight's powerpoint presentation has been attached. Attachments: 2026 Levy & Budget Memo 12-2-2025.pdf 2026 City of Shakopee Budget- FINAL.pdf 2026 Proposed Levy and Budget 12-2-2025 (updated).pdf 131 SHAKOPEE WILLA! • To: Mayor and Council Members From: Nate Reinhardt, Finance Director Cc: Bill Reynolds, City Administrator Date: December 2, 2025 Re: 2026 Property Tax Levy & Budget Background Each year the city must prepare a budget and property tax levy for the following year. Staff analyzed revenues, expenditure information and initiatives to prepare a budget and levy for your consideration. From providing fun recreation programs and beautiful parks to ensuring safe neighborhoods, providing high -quality services enhance and protects people's lives. Responsible fiscal management also builds the foundation for the city to run smoothly and provide effective, innovative programs and services while keeping in mind ways to evolve to meet future expectations and demands. Decisions are made with the future in mind to ensure the city's ongoing ability to provide high quality services at a reasonable price. Shakopee continues to remain in an extremely strong financial position. The city's AA+ long term credit rating reflects the rapidly growing local economy, strong reserves, manageable debt burden and strong financial management practices and policies. The city maintains a very diverse tax base across all sectors, entertainment, industrial, commercial and a range of housing options. The city continues to place an emphasis on long term financial planning including a long-term financial plan, a 15 -year capital improvement plan, establishment of internal service funds, and financial projections of our various funds. Staffing for Adequate Fire and Emergency Response Grant Award (SAFER) The City accepted a federal SAFER grant in October 2025 to hire twelve new full-time firefighters beginning March 2026. The SAFER grant provides funding to offset the initial costs required to shift to a career department with a majority full-time staffing model. The total grant award is $2.63 million over a three-year period and required a progressive match from the city: 25% in year 1, 25% in year 2 and 65% in year 3. City Council approved a budget amendment to assign fund balance to cover the 2026 cost to the City. Since the grant was awarded after the preliminary levy and budget was adopted, the additional costs and staff have not been reflected in this budget document. Levy Request & Impact The proposed 2026 levy is $28,214,480, which is an increase of $1,470,430 or 5.50 percent over last year, and a EDA levy of $550,000, which is an increase of $50,000 from last year. For the median value home, whose property value increased from $350,700 to $361,300 (3.02 percent), this equates to an increase of $63 or (6.79 percent) annually in city property taxes. 132 The breakdown and comparison of the proposed 2026 levy is as follows: Summary of Levy Changes — 2026 Budget City of Shakopee Levy Analysis December 2, 2025 City Levy General Fund Abatements Capital Improvement Levy Debt Service 2016 Abatement 2022A Improvement Total Debt Service Total City Levy 2026 2025 Final Preliminary $ 23,235,050 120,000 1,200,000 2,189,000 Increase/ (Decrease) $ 24,405,480 $ 1,170,430 120,000 1,500,000 300,000 % Change 5.04% 0.00% 25.00% 2,189,000 - 0.00% - - 0.00% 2,189,000 2,189,000 0.00% $ 26,744,050 $ 28,214,480 $ 1,470,430 5.50% Shakopee EDA Special Levy S 500,000 $ 550,000 $ 50,000 10.00% Total City and EDA Levies $ 27,244,050 $ 28,764,480 $ 1,520,430 5.58% A summary of changes, in comparison to 2025, impacting the property tax levy are as follows with detailed information on each section following the summary. The amount shown in red parentheses represents decreases in the property tax levy, as an example an increase in fee revenues would result in less property tax needed to fund those services. Description Levy Impact Revenues (increase) $ (2,133,480) Transfers from other funds (increase) (24,000) Expenditures: Wages & benefits 2,100,700 Operating expenses 961,010 Internal rent changes 359,200 One-time adjustments (93,000) Capital Improvement Levy 300,000 Debt Service - Change in property tax levy $1,470,430 The next few pages provide a breakdown of the summarized changes shown in the table above. 133 Revenues The city is projecting an overall net increase of $2,133,480 in non -property tax revenues for the 2026 budget a summary of revenue changes are as follows with explanations below: Description Change Contracted public safety services (offset with expenses) $616,500 Building permit revenues 450,000 Community Center revenues 331,700 Engineering fees — private development 150,000 Restaurant licenses and inspections (offset with inspector wages and benefits) 122,000 Police state aid 100,000 Municipal State Aid (MSA) maintenance funds 75,000 Interest income (General fund) 75,000 SPU pilot fee 55,000 Fire state aid 45,000 SandVenture revenues 37,000 Township fire Agreements 25,000 Tribal contribution 25,000 Ice Arena revenues 25,000 MS4 administration fee 25,000 Other (net adjustments) 71,280 Cable franchise fees (35,000) State building official grant (60,000) Change in Revenues $2,133,480 Several organizations contract with the Shakopee police department to provide services during the year. With the addition of concerts at the amphitheater we have increased contracted revenue by $616,500. This revenue is offset by budgeted increases in staffing overtime and contracting with other agencies to fulfill these agreements and related supplies and equipment. The city's building permits have been strong over the past few years with an influx of commercial and residential development. The city has historically been conservative when forecasting and budgeting development and related building permit revenue. The city's 2026 forecast for building permit revenue includes a $450,000 increase in budgeted building permit revenue. In total, the city has budgeted $3.88 million in building permit related revenues. Community center revenues have been increased to reflect proposed fee increases for 2026. The recreation department has created a comprehensive revenue policy and these fee adjustments will align with that policy. The community center will continue to remain one of the most affordable options. Engineering fees related to private development were increased by $150,000 based on continued development. The City contracts with a third party to provide construction inspections services for private development, the increase offsets those contracted costs. The city is proposing to add a dedicated health inspector to ensure the safety and cleanliness of our 12 hotels and 72 restaurants. New licenses and inspection fees are budgeted at $122,000 to offset the cost of the new position. 134 Transfers to the General Fund Transfers from other city funds to the General Fund help pay for operating costs. Description 2025 2026 Change Public safety fund (patrol officer reimbursement) $126,000 $100,000 (26,000) Self-insurance fund 350,000 350,000 Sewer/storm water (allocation of admin overhead) 400,000 400,000 EDA (allocation of admin overhead) - 50,000 50,000 Change in transfers $24,000 The city received $1.99 million in one-time public safety aid in 2023 which was placed in a separate Public Safety Aid special revenue fund. Funding was provided in 2024 and 2025 to pay for a portion of the cost of two additional officers. These positions weren't hired until fall of 2024 and as a result, not all funding has been utilized. Approximately $100,000 remains in the fund which is proposed to be utilized with the 2026 budget. Staff is proposing to utilize $350,000 of fund balance from the city's self-insurance fund to offset costs associated with an increase in the employer share of health insurance premiums (this is the same amount that was used for the 2025 budget). The city continues to explore a potential implementation of a Scott County health insurance pool, a partnership with Scott County and cities, that would increase the plan participants and save money over the long-term. Funding of $600,000 was set -aside initially in 2017 as the city explored their own self-insurance options. A new recurring annual transfer from the EDA to the General fund in the amount of $50,000 is included in the 2026 budget. Similar to the city utility funds (sewer and storm water), the EDA receives administration support from general fund operations including the city council, finance, information technology, communications and human resources. From a financial standpoint, the administration allocation would better reflect the full cost of EDA operations. A corresponding $50,000 increase in the EDA levy is being proposed, resulting in no impact on the EDA operational funding. 135 Expenditures A number of factors will impact the cost of operations in next year's budget. The General Fund expenditures are budgeted to increase in total by $3,327,910. The expenditures have been categorized in this section as wages and benefits, operational (on- going) expenditures, rent (equipment and capital replacement) and one-time adjustments. Wages and benefits Description Change Cost of living adjustment — 3% (3.5% PW Union) $792,000 Pay step changes 388,000 Compensation study implementation (non-union) 320,000 Public safety OT (offset by contracted revenue) 197,000 Health inspector (New) 121,000 Health Insurance — 8.3% premium increase 99,000 Elections judges 94,000 MN Paid Leave (employer contribution) 93,000 Recreation part-time 58,000 Clerk Administrative Assistant (part-time to full-time) 54,000 Fire part-time 51,000 Fire Inspector added July 2025 (half year impact) 49,000 PT Marketing Specialist (split Communication and Rec.) 39,000 Other (net adjustments) 40,700 Workers compensation — reduced rates (295,000) Change in wages & benefits $2,100,700 Wages and benefits account for nearly 70% of the City's General Fund costs. The City has three unions (Patrol, Sergeants, Public Works), all three union contracts were revised during 2024 and cover a three year period (2024-2026). The 2026 budget has been built with the assumption that the Patrol and Sergeants unions and non-union wages will see an equivalent 3.0 percent cost of living adjustment. The Public Works union includes a 3.5 percent cost of living adjustment. Across all employee groups the cost of living adjustment amounts to an increase of approximately $792,000. The city maintains pay plans for all employees that include step increases on employee anniversary dates. Budgeted step increases amount to $388,000. The city recently completed a market compensation study for all non-union employees. The goal of the study was to evaluate wages of non-union full-time staff with our peer comparable cities (Maplewood, Coon Rapids, Lakeville, Roseville, Blaine, St. Louis Park, Golden Valley, Inver Grove Heights, Burnsville and Savage). The City Council has provided guidance that employees should be compensated at the salary mid -point of our comparable cities. The study showed our pay plan is behind market averages and included several positions that were significantly behind the average wage of similar positions. As a result, the following modifications have been proposed to the non-union pay plan: 136 1) Proposed 1% market adjustment 2) Proposed creation of an additional step at 2 percent above the final step for each pay grade 3) Elimination of step 1 for grades 200 through 240 (which places the number of steps in line with other pay grades) 4) Positions that are six percent or more below the market will be adjusted up to a newly created "half" grade. This grade will be inserted at the mid -point between the current grade and next higher grade. These new grades impacted 18 positions (21 employees). These pay plan adjustments will allow the city to remain competitive, re -align positions that were out of the market average and still retain our current pay plan framework. The total budget impact of these changes amount to $320,000. The following chart provides a comparison line showing the current wage, market average and proposed wage adjustments for grade mid- points. Compensation Study - Shakopee (non-union employees) 585.00 . . . 175.00 Shakopee Market Shakopee Mid Mid -point Mid•point(Proposed) point (Current) . .0 . . 065.00 . r .0.0 . . . 0. . . 055.00 .00. . . . 44-5.00 ..0. 135.00 025.00 I," 120 130 140 150 1. 1-C 1,, 14. 444 _„ The 2026 budget currently includes an increase in health insurance premiums of 8.3 percent. This increase along with changes in employee plan elections calculate to an increase of $99,000. We have seen a number of employees move from family to single coverage or from low to high deductible options. The city has seen premium increases of 16.7 percent and 20.9 percent in the past two years. We continue to explore a health insurance pool with Scott County and cities of Scott County, which could occur in 2027. To offset the increase the city is proposing to utilize $350,000 of fund balance previously set aside for potentially moving to self - insured health insurance, which is identified in the transfers section of the memo. The budget includes the following new items impacting the 2026 budget. Building Health Inspector ($121k)- Shakopee needs a dedicated health inspector to ensure the safety and cleanliness of our 12 hotels and 72 restaurants, particularly with the opening of the 19,000 -seat amphitheater, which will significantly increase tourism and food service demand. A full-time inspector will help maintain public 137 health standards, respond promptly to complaints, and support local businesses in meeting state and local regulations —safeguarding both residents and the thousands of visitors expected to attend events throughout the year. The position will be offset by restaurant and hotel licenses and inspection revenues. MN Paid Leave ($93k) — state mandated leave program that requires a .38% contribution of gross wages from employer and employee. The new leave provides job -protected paid time off for eligible employees (up to 20 weeks per year) to care for themselves or family members due to medical reasons, family needs or safety concerns. The City will be contracting with a private insurance provider for this benefit. Clerk Administrative Assistant ($54k) — proposed change from part-time administrative position to a full-time position with benefits. Will provide consistent front -desk customer service and support other positions by enabling them to focus on their specialized areas. Part-time Marketing Specialist ($39k) — this shared position between recreation and communications replaces the seasonal intern with year-round professional marking support for programs, events and facilities at minimal add cost. The City's holds workers compensation insurance through the League of Minnesota's Insurance Trust. From 2022 to 2024 we saw rates trend upwards significantly, specifically for public safety employees. In the 2025 budget, the city forecasted those increases to continue, however we have seen our rates decline. Based on our last renewal, claims data and recent changes to post -traumatic stress disorder disability law, we have budgeted for a decrease in workers compensation insurance of $295,000. Operational Expenditure Changes Adjustments to operating budgets that are anticipated to continue into future years are shown below. These include contractual and utility increases. Description Change Public Safety — amphitheater contracted costs (offset by revenue) $300,000 Engineering contracted construction inspections 170,000 Contingency 110,100 Misc. supply and services (net adjustments) 93,100 Utilities (electric/water/gas) 72,500 County prosecution costs 42,700 Fire — turnout gear/uniforms 34,300 Community center cleaning contract 30,300 Fire — supplies, minor equipment 28,800 Building permit credit card fees 25,000 Finance Contracts (assessing/audit/actuary) 24,000 Fire — training 18,100 Park restroom cleaning contract 12,000 Change in operational expenses $961,010 138 During the early stages of the budget process significant budget adjustments are identified for 2026, which is typically any line item that would increase by greater than $10,000. For operations we also review software contracts and include a forecast for utilities and fuel from a city-wide perspective to adjust these amounts consistently across the organization. Departments then enter their remaining line items into their operating budgets. Engineer professional services were increased for contracted construction review services related to development. These costs are reimbursed through engineering fees. Contingency (unallocated funds) has been increased by $110,000 for unknowns related to insurance rates, firefighter union negotiations and miscellaneous items that might arise following the adoption of the budget. The Fire Department has requested additional funding to provide for turnout gear, additional medical equipment, uniforms, and additional training. The city contracts with Scott County to provide prosecution services, the cost for 2026 will increase by $42,700. The Community Center includes an increase of $30,300 to allow them to increase their cleaning contract from 2 days per week to 7 days per week, which would allow maintenance staff to focus more on deep cleaning and preventative maintenance. Rent Changes The city utilizes internal services funds to accumulate funds for the purchase or replacement of city equipment and facilities. The funding sources are annual rents (internal charges) to the appropriate departments. Descri tion Change Equipment Rent $175,700 Building Rent 124,800 Park Facilities Rent 40,000 Information Technology Rent 18,700 Change in internal rent charges $359,200 The equipment rent increase is both a result of new equipment being added to the schedule as well as increases in year over year costs of vehicles and equipment. A 20 -year equipment replacement schedule is included in the 5 -year Capital Improvement Plan that identifies all equipment, useful lives, replacement years and costs. Building rents are set with the intention that they would provide the funding for major maintenance projects (roofs, boilers, hvac, etc.), but not fully fund building replacement or new construction. The rent increase is both the result of projects related to the aging of city buildings and inflationary costs of those projects. The annual cost for the various internal service funds are calculated based on estimated useful life or scheduled replacement dates. The amounts for 2026 have been further adjusted (decreased) based on current balances. As an example, in 2024 fire vehicles were sold and proceeds of the sale were deposited in the equipment fund, which was taken into account with the budget request for 2025 and 2026. 139 One-time Adjustments The General Fund up and down swings are typically moderated through the use of internal rent charges. However, a few one-time adjustments have been included in this budget. Comprehensive plan updates that will span 2026 and 2027. These costs will be offset by a one- time reduction of salt inventory, built up from the recent mild winters and removal of previous one-time items from the 2025 budget. Description Change Comprehensive Plan $100,000 Road Materials/Salt (one-time inventory reduction for 2026) (50,000) Fire Admin. vehicle (75,000) Building Inspector Ford Lightning (68,000) Change in one-time costs ($93,000) Debt Service The city council approved a transfer of $346,000 of year-end fund balance to pay the 2026 payment on the 2022A Improvement Bonds. The council approved a similar transfer the previous year which effectively eliminated the need for the debt service levy for these bonds. City Council approved a debt service levy reduction to use the available fund balance in both the existing 2016A debt service fund and the 2022A debt service. If approved, this will result in no change to the debt service levy. Capital Project Funds/Capital Improvements Levy Staff and city council have reviewed the 2026-2030 CIP and projects programmed for 2026. The CIP identifies $54.0 million in projects for 2026. The creation and update of a multi -year capital plan allows the city to plan for its current and long-term needs. Project areas within the CIP include buildings, equipment replacement, information technology, parks, street, sanitary sewer and storm drainage. The CIP is published as a separate document and includes appendixes for a 15 -year CIP, 20 -year equipment replacement schedule and a long-term financial plan. Over the five-year plan annual overlay, rehab and reconstruction projects total $38.7 million, which is an average annual cost of $7.7 million needed to maintain current city roadways. This is a significant increase over the previous five years, looking back at the 2021-2025 CIP, those same annual projects total $20.9 million, which was an average of $4.2 million. Recurring funding sources include tax levy, franchise fees, municipal state aid and special assessments. Recurring funding has not kept pace with increasing street improvement costs. That funding gap has been plugged in recent years through one-time funding sources, including a bond issue in 2022 and year-end General Fund transfers. For 2026, staff is recommending an increase the CIP levy from $1.2 million to $1.5 million to prevent that annual funding gap from further widening. The city currently does not have a bond sale anticipated in the budget or CIP for 2026, however a bond issue in 2026 or 2027 will need to be considered to bridge the funding gap. 140 Economic Development Authority The Shakopee EDA has the statutory authority to levy a small percentage (up to 0.0185%) of the city's taxable market value, which for 2026 would be a maximum of $1,532,766. The EDA and City Council can set the levy at any amount up to this cap. The EDA levy is identified on property tax statements as a separate local tax outside of the city's general property tax. For 2026, the preliminary request is for an EDA levy of $550,000 ($50,000 increase). Additional funding is provided through a contribution of %2 percent of revenues from the Shakopee Public Utilities Commission. Staff is proposing a new ongoing transfer beginning in 2026 from the EDA in the amount of $50,000. Similar to the city utility funds (sewer and storm water), the EDA receives administration support from general fund operations including the city council, finance, information technology, communications and human resources. From a financial standpoint, the administration allocation would better reflect the full cost of the EDA. A corresponding $50,000 increase in the EDA levy is being proposed to allow for no net impact on the EDA. The EDA serves as the landlord for the main level business tenants at River City Centre. The EDA currently owns the land and the CDA owns the building. The activity (lease revenue and expenditures) is accounted for in a separate fund of the EDA. Taxable Market Value The city's taxable market value is at $8.70 billion, which is an increase of $412 million (5.0%) from last year. Residential, apartment, commercial all saw growth in market value. New construction accounted for 57.8% of the increase in taxable market value. Class Payable 2025 Payable 2026 Change (%) Agricultural $41,712,610 $53,862,863 29.1% Apartment 775,299,400 849,623,207 9.6% Commercial 745,589,700 771,505,500 3.5% Industrial 1,765,009,000 1,821,276,800 3.2% Public Utility/Railroad 36,422,700 36,480,300 0.2% Residential 4,917,336,577 5,160,489,043 4.9% Other 3,849,500 3,849,600 0.0% Totals $8,285,219,487 $8,697,087,313 5.0% 141 For the city of Shakopee, the total residential taxable market value increased 4.9 percent (includes new construction), the majority of homes (93%) are seeing very little change in their values (increase/decrease by less than the 5.0 percent). A breakdown of the value changes is provided below. Residential Impacts - Shakopee Estimated Market Value Value Range Number of Residential Properties Percentage of Increase/Decrease Total +15.01+% 187 1% +10.01-15.00% 70 1% +5.01-10.00% 693 5% +0.01-5.00% 7,773 59% No Change 503 4% -0.01-5.00% 3,900 30% -5.01 - 10.00% 12 0% -10.00 - 15.00% 3 0% -15.01% + 2 0% 13,143 100% Net Tax Capacity Class Payable 2025 Payable 2026 Change (%) Agricultural $372,853 $476,572 27.8% Apartment 8,736,702 9,668,496 10.7% Commercial 14,678,599 15,196,748 3.5% Industrial 35,164,710 36,290,770 3.2% Public Utility/Railroad 721,249 722,401 0.2% Residential 50,000,427 52,533,250 5.1% Other 39,220 39,221 0.0% Adj. to match county report - (146,997) Gross Tax Capacity $109,713,760 $114,780,461 4.6% Adjustments: Tax Increment ($3,842,380) ($4,395,026) 14.4% Fiscal Disparity Contribution O7,905,859) (20,022,701) 11.8% Net Tax Capacity $87,965,521 $90,362,734 2.7% Fiscal Disparity Distribution ($8,458,436) ($8,316,317) 1.7 % The total net tax capacity of the city is estimated at $90,362,734 compared to $87,965,521 in 2025, which is an increase of $2,397,213 (2.7%). 142 The gross tax capacity is adjusted for the increase in tax capacity of properties within tax increment financing districts. The tax increment adjustment of $4.4 million represents 3.8 percent of gross tax capacity. The net increase is primarily related to the growth of Canterbury Commons. It is important to note that these developments would not have occurred without the use of tax increment financing. The value and tax capacity of these districts are added to the city's tax roll upon the decertification of these districts. The gross tax capacity is also adjusted for the fiscal disparities program which is unique to the seven -county metro area and is further explained in the diagram below: CONTRIBUTION TO SHARED POOL Equals 40% of growth in commercial, industrial, and public utility property tax base since 1971 SHARED POOL OF TAX BASE FOR METRO AREA DISTRIBUTION FROM SHARED POOL Based on population and market value of all property per person compared to average market value per person for metro area The city's estimated contribution to the program is $20.0 million in tax capacity, and the distribution is estimated at $8.3 million for a net contributed amount of $11.7 million. This is an increase of $2.2 million. The city of Shakopee continues to be one of the top net contributors (4111 highest) to the program in 2026 at $11.7 million (10.2%) of the city's tax capacity. City Tax Rates The tax levy and market value estimates are expected to have a minimal impact on the city's tax rate, slightly increasing from 27.77 percent to an estimated 28.67 percent. 37% 35% 33% 31% 29% 27% Historical City Tax Rates 38.525 37.21 -, 34.94% 33.98% 32.10% 32.11% 28.59% 28.67% 27.40% 27.77% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 est. 143 Median Value Home The value of the median value home has increased from $350,700 to $361,300 over the past year. This is an increase of $10,600 (3.0%). The following chart provides information on the median value home and city property taxes paid since 2021. The orange bar and amounts on the left axis represent the median value home. $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $1,200 $1,000 $600 $200 2021 2022 2023 2024 2025 2026 est. •Annual City Taxes $814 $877 $973 $909 $932 $996 e Estimated Market Value $266,800 $284,700 $346,500 $338,400 $350,700 $361,300 Based on the proposed property tax levy and current assessment date, for the median value home this equates to an increase of $63 or (6.8 percent) annually in property taxes. Absent any change in value, homeowners can expect a tax increase of $30 or about 3.2 percent (taking into consideration the proposed tax rate). Enterprise Funds The city operates two public utility funds Sewer and Surface Water. These funds operate on their own ability to generate revenues and receive no property tax support. The Sewer fund provides for the collection and conveyance of wastewater through a system of mains and lift stations. Sewage is treated by the Metropolitan Council Environmental Services, whose contracted services account for approximately 80 percent of the fund's operating expenditures. The disposal charge for 2026 will increase to $3,226,182 (1.8%), following a significant 20.6% increase that occurred in 2025. The Surface Water fund maintains the surface water system for the city, which includes 140 miles of storm sewer and 224 ponds. The City's sewer billings include a city usage rate, a city fixed rate, and Metropolitan Council disposal rate. The surface water charge is based on acreage with residential paying a monthly charge equivalent to 1/3 of an acre. Staff will be proposing rate increases, in the range of one to three percent) for each fund to keep pace with operational costs and maintain the current 144 balances of those funds. For a typical residential user, this would amount to approximately $11 annually for sewer charges and $1 annually in surface water charges. Shakopee is below comparable and surrounding cities when it comes to a cost comparison of city property taxes, sanitary sewer and storm water charges. The following chart provides the 2026 annual cost of services for a $350,000 value home (slightly below the median value home in Shakopee) and 5,000 gallons of water usage a month. With the proposed 2026 changes Shakopee remains at the bottom of the comparison. $2,500 $2,250 $2,000 $1,750 $1,500 $1,250 $1,000 $750 $500 $250 $- 2025 Annual Cost of Services for Comparable & Surrounding Cities ($350,000 home - 5,000 gallons/month) S1,731 S1,717 51,246 S1,314 S1509 $1,540 r Imr r S1,798 51,823 ea 05 V r '4' S2,023 S1,863 S2,093 M 52,189 r S2,280 S2,394 lad • a e S'`' Clr iCS 1�� �el¢ eQ o` Q,J 4„4Q Gio a �``,o GoDe LA Property Taxes v Sewer Storm 46 ♦s 145 Schedule for budget and property tax levy development Date Who What May 6, 2025 Council/Staff Review Long-term Financial Plan June 17, 2025 Staff/Public Public Input Meeting August 5, 2025 Council/Staff Review Preliminary Capital Improvement Plan (CIP) August 19, 2025 Council/Staff 2026 Budget Overview September 16, 2025 Council Adopt proposed maximum tax levy for City and EDA tax levy. September 30, 2025 Staff Certify maximum tax levy to the County which will be used for proposed property tax notices October 21, 2025 Council/Staff EDA Budget Review November 5, 2025 Council Adopt final 2026-2030 CIP November 12, 2025 County Proposed tax notices sent to owners December 2, 2025 Council Hold public meeting to discuss levy and budget. December 16, 2025 Council Adopt final tax levy and budget December 31, 2025 Staff Certify final tax levy and budget to County and State 146 2026 Annual Budget FOR THE CITY OF SHAKOPEE, MINNESOTA Our mission is to deliver high quality services essential to maintaining a safe and sustainable community. We commit to doing this cost effectively, with integrity and transparency. ,. iillll'LIIIIIIIIJ*' SHAKOPEE INNOVATING. ENTERTAINING. THRIVING. City of Shakopeel485 485 Gorman St., Shakopee, MN 55379 952-233-9300 I www.ShakopeeMN.gov 147 2026 City of Shakopee Annual Budget 2026 Shakopee City Council Mayor Councilor Councilor Councilor Councilor Matthew Lehman Angelica Contreras Jay Whiting Jim DuLaney Jesse Lara City of Shakopee Department Heads City Administrator Assistant Administrator Finance Director Police Chief Fire Chief City Engineer Public Works Director Planning and Development Director Park and Recreation Director Contributing Staff William H. Reynolds Chelsea Petersen Nathan Reinhardt Jeff Tate Joe Simon Alex Jordan Bill Egan Michael Kerski Kelsi McNutt Accounting Manager Melissa Schlingman 148 Our Vision Shakopee is a place where people want to be! A distinctive river town, with a multitude of business, cultural and recreational opportunities in a safe, welcoming, and attractive environment for residents and visitors. Our Mission Our mission is to deliver high quality services essential to maintaining a safe and sustainable community. We commit to doing this cost effectively, with integrity and transparency. Our Values Integrity We say what we mean, and we do what we say Best for the Community We work on behalf of community interests, not individual interests Accountability We are committed to achieving results and accountability for our actions Innovation We strive to creatively improve our services and our community Welcoming, Open to Difference We are receptive, we listen, and we are open to the differences of others Fair and Consistent We are fair, consistent, and respectful in our service to the public Fun We enjoy what we do, and we have fun doing it Table of Contents Introduction: Budget Overview Message 1 Executive Summary 16 Organization Highlights 21 Community Profile 23 2026 Budget 26 General Fund 29 General Government 37 Public Safety 51 Public Works 63 Recreation 75 Miscellaneous 81 Special Revenue Funds 86 Debt Service Funds 102 Capital Projects Funds 114 Enterprise Funds 123 Internal Service Funds 134 Appendix: Financial Management Policies 147 Employees by Function 154 150 BLANK 151 SHAKOPEE Pli°1611 I To: Mayor and Council Members From: Nate Reinhardt, Finance Director Cc: Bill Reynolds, City Administrator Date: December 2, 2025 Re: 2026 Property Tax Levy & Budget Background Each year the city must prepare a budget and property tax levy for the following year. Staff analyzed revenues, expenditure information and initiatives to prepare a budget and levy for your consideration. From providing fun recreation programs and beautiful parks to ensuring safe neighborhoods, providing high -quality services enhance and protects people's lives. Responsible fiscal management also builds the foundation for the city to run smoothly and provide effective, innovative programs and services while keeping in mind ways to evolve to meet future expectations and demands. Decisions are made with the future in mind to ensure the city's ongoing ability to provide high quality services at a reasonable price. Shakopee continues to remain in an extremely strong financial position. The city's AA+ long term credit rating reflects the rapidly growing local economy, strong reserves, manageable debt burden and strong financial management practices and policies. The city maintains a very diverse tax base across all sectors, entertainment, industrial, commercial and a range of housing options. The city continues to place an emphasis on long term financial planning including a long-term financial plan, a 15 -year capital improvement plan, establishment of internal service funds, and financial projections of our various funds. Staffing for Adequate Fire and Emergency Response Grant Award (SAFER) The City accepted a federal SAFER grant in October 2025 to hire twelve new full-time firefighters beginning March 2026. The SAFER grant provides funding to offset the initial costs required to shift to a career department with a majority full-time staffing model. The total grant award is $2.63 million over a three-year period and required a progressive match from the city: 25% in year 1, 25% in year 2 and 65% in year 3. City Council approved a budget amendment to assign fund balance to cover the 2026 cost to the City. Since the grant was awarded after the preliminary levy and budget was adopted, the additional costs and staff have not been reflected in this budget document. Levy Request & Impact The proposed 2026 levy is $28,214,480, which is an increase of $1,470,430 or 5.50 percent over last year, and a EDA levy of $550,000, which is an increase of $50,000 from last year. For the median value home, whose property value increased from $350,700 to $361,300 (3.02 percent), this equates to an increase of $63 or (6.79 percent) annually in city property taxes. 152 2 The breakdown and comparison of the proposed 2026 levy is as follows: Summary of Levy Changes — 2026 Budget City of Shakopee Levy Analysis December 2, 2025 2026 Increase/ 2025 Final Preliminary (Decrease) % Change City Levy General Fund $ 23,235,050 $ 24,405,480 $ 1,170,430 5.04% Abatements 120,000 120,000 0.00% Capital Improvement Levy 1,200,000 1,500,000 300,000 25.00% Debt Service 2016 Abatement 2,189,000 2,189,000 - 0.00% 2022A Improvement - - - 0.00% Total Debt Service 2,189,000 2,189,000 0.00% Total City Levy $ 26,744,050 $ 28,214,480 $ 1,470,430 5.50% Shakopee EDA Special Levy $ 500,000 $ 550,000 $ 50,000 10.00% Total City and EDA Levies $ 27,244,050 $ 28,764,480 $ 1,520,430 5.58% A summary of changes, in comparison to 2025, impacting the property tax levy are as follows with detailed information on each section following the summary. The amount shown in red parentheses represents decreases in the property tax levy, as an example an increase in fee revenues would result in less property tax needed to fund those services. Description Levy Impact Revenues (increase) $ (2,133,480) Transfers from other funds (increase) (24,000) Expenditures: Wages & benefits 2,100,700 Operating expenses 961,010 Internal rent changes 359,200 One-time adjustments (93,000) Capital Improvement Levy 300,000 Debt Service - Change in property tax levy $1,470,430 The next few pages provide a breakdown of the summarized changes shown in the table above. 153 3 Revenues The city is projecting an overall net increase of $2,133,480 in non -property tax revenues for the 2026 budget a summary of revenue changes are as follows with explanations below: Description Change Contracted public safety services (offset with expenses) $616,500 Building permit revenues 450,000 Community Center revenues 331,700 Engineering fees — private development 150,000 Restaurant licenses and inspections (offset with inspector wages and benefits) 122,000 Police state aid 100,000 Municipal State Aid (MSA) maintenance funds 75,000 Interest income (General fund) 75,000 SPU pilot fee 55,000 Fire state aid 45,000 SandVenture revenues 37,000 Township fire Agreements 25,000 Tribal contribution 25,000 Ice Arena revenues 25,000 MS4 administration fee 25,000 Other (net adjustments) 71,280 Cable franchise fees (35,000) State building official grant (60,000) Change in Revenues $2,133,480 Several organizations contract with the Shakopee police department to provide services during the year. With the addition of concerts at the amphitheater we have increased contracted revenue by $616,500. This revenue is offset by budgeted increases in staffing overtime and contracting with other agencies to fulfill these agreements and related supplies and equipment. The city's building permits have been strong over the past few years with an influx of commercial and residential development. The city has historically been conservative when forecasting and budgeting development and related building permit revenue. The city's 2026 forecast for building permit revenue includes a $450,000 increase in budgeted building permit revenue. In total, the city has budgeted $3.88 million in building permit related revenues. Community center revenues have been increased to reflect proposed fee increases for 2026. The recreation department has created a comprehensive revenue policy and these fee adjustments will align with that policy. The community center will continue to remain one of the most affordable options. Engineering fees related to private development were increased by $150,000 based on continued development. The City contracts with a third party to provide construction inspections services for private development, the increase offsets those contracted costs. The city is proposing to add a dedicated health inspector to ensure the safety and cleanliness of our 12 hotels and 72 restaurants. New licenses and inspection fees are budgeted at $122,000 to offset the cost of the new position. 154 4 Transfers to the General Fund Transfers from other city funds to the General Fund help pay for operating costs. Description 2025 2026 Change Public safety fund (patrol officer reimbursement) $126,000 $100,000 (26,000) Self-insurance fund 350,000 350,000 Sewer/storm water (allocation of admin overhead) 400,000 400,000 EDA (allocation of admin overhead) - 50,000 50,000 Change in transfers $24,000 The city received $1.99 million in one-time public safety aid in 2023 which was placed in a separate Public Safety Aid special revenue fund. Funding was provided in 2024 and 2025 to pay for a portion of the cost of two additional officers. These positions weren't hired until fall of 2024 and as a result, not all funding has been utilized. Approximately $100,000 remains in the fund which is proposed to be utilized with the 2026 budget. Staff is proposing to utilize $350,000 of fund balance from the city's self-insurance fund to offset costs associated with an increase in the employer share of health insurance premiums (this is the same amount that was used for the 2025 budget). The city continues to explore a potential implementation of a Scott County health insurance pool, a partnership with Scott County and cities, that would increase the plan participants and save money over the long-term. Funding of $600,000 was set -aside initially in 2017 as the city explored their own self-insurance options. A new recurring annual transfer from the EDA to the General fund in the amount of $50,000 is included in the 2026 budget. Similar to the city utility funds (sewer and storm water), the EDA receives administration support from general fund operations including the city council, finance, information technology, communications and human resources. From a financial standpoint, the administration allocation would better reflect the full cost of EDA operations. A corresponding $50,000 increase in the EDA levy is being proposed, resulting in no impact on the EDA operational funding. 155 5 Expenditures A number of factors will impact the cost of operations in next year's budget. The General Fund expenditures are budgeted to increase in total by $3,327,910. The expenditures have been categorized in this section as wages and benefits, operational (on- going) expenditures, rent (equipment and capital replacement) and one-time adjustments. Wages and benefits Description Change Cost of living adjustment — 3% (3.5% PW Union) $792,000 Pay step changes 388,000 Compensation study implementation (non-union) 320,000 Public safety OT (offset by contracted revenue) 197,000 Health inspector (New) 121,000 Health Insurance — 8.3% premium increase 99,000 Elections judges 94,000 MN Paid Leave (employer contribution) 93,000 Recreation part-time 58,000 Clerk Administrative Assistant (part-time to full-time) 54,000 Fire part-time 51,000 Fire Inspector added July 2025 (half year impact) 49,000 PT Marketing Specialist (split Communication and Rec.) 39,000 Other (net adjustments) 40,700 Workers compensation — reduced rates (295,000) Change in wages & benefits $2,100,700 Wages and benefits account for nearly 70% of the City's General Fund costs. The City has three unions (Patrol, Sergeants, Public Works), all three union contracts were revised during 2024 and cover a three year period (2024-2026). The 2026 budget has been built with the assumption that the Patrol and Sergeants unions and non-union wages will see an equivalent 3.0 percent cost of living adjustment. The Public Works union includes a 3.5 percent cost of living adjustment. Across all employee groups the cost of living adjustment amounts to an increase of approximately $792,000. The city maintains pay plans for all employees that include step increases on employee anniversary dates. Budgeted step increases amount to $388,000. The city recently completed a market compensation study for all non-union employees. The goal of the study was to evaluate wages of non-union full-time staff with our peer comparable cities (Maplewood, Coon Rapids, Lakeville, Roseville, Blaine, St. Louis Park, Golden Valley, Inver Grove Heights, Burnsville and Savage). The City Council has provided guidance that employees should be compensated at the salary mid -point of our comparable cities. The study showed our pay plan is behind market averages and included several positions that were significantly behind the average wage of similar positions. As a result, the following modifications have been proposed to the non-union pay plan: 156 6 1) Proposed 1% market adjustment 2) Proposed creation of an additional step at 2 percent above the final step for each pay grade 3) Elimination of step 1 for grades 200 through 240 (which places the number of steps in line with other pay grades) 4) Positions that are six percent or more below the market will be adjusted up to a newly created "half' grade. This grade will be inserted at the mid -point between the current grade and next higher grade. These new grades impacted 18 positions (21 employees). These pay plan adjustments will allow the city to remain competitive, re -align positions that were out of the market average and still retain our current pay plan framework. The total budget impact of these changes amount to $320,000. The following chart provides a comparison line showing the current wage, market average and proposed wage adjustments for grade mid- points. 385.00 075.00 365.00 555.00 345.00 $35.00 $25.00 110 Compensation Study - Shakopee (non-union employees) Shakopee Market Mid Shakopee Mid-point(Current) -point Mid-point (Proposed) . . , 0.. . ./ . . 0. . . . r . . . . r 0. 0. r r r r r r r r r r r 120 130 143 150 160 1-: 15. 1-C =41 =5; The 2026 budget currently includes an increase in health insurance premiums of 8.3 percent. This increase along with changes in employee plan elections calculate to an increase of $99,000. We have seen a number of employees move from family to single coverage or from low to high deductible options. The city has seen premium increases of 16.7 percent and 20.9 percent in the past two years. We continue to explore a health insurance pool with Scott County and cities of Scott County, which could occur in 2027. To offset the increase the city is proposing to utilize $350,000 of fund balance previously set aside for potentially moving to self - insured health insurance, which is identified in the transfers section of the memo. The budget includes the following new items impacting the 2026 budget. Building Health Inspector ($121k) - Shakopee needs a dedicated health inspector to ensure the safety and cleanliness of our 12 hotels and 72 restaurants, particularly with the opening of the 19,000 -seat amphitheater, which will significantly increase tourism and food service demand. A full-time inspector will help maintain public 157 7 health standards, respond promptly to complaints, and support local businesses in meeting state and local regulations —safeguarding both residents and the thousands of visitors expected to attend events throughout the year. The position will be offset by restaurant and hotel licenses and inspection revenues. MN Paid Leave ($93k) — state mandated leave program that requires a .38% contribution of gross wages from employer and employee. The new leave provides job -protected paid time off for eligible employees (up to 20 weeks per year) to care for themselves or family members due to medical reasons, family needs or safety concerns. The City will be contracting with a private insurance provider for this benefit. Clerk Administrative Assistant ($54k) — proposed change from part-time administrative position to a full-time position with benefits. Will provide consistent front -desk customer service and support other positions by enabling them to focus on their specialized areas. Part-time Marketing Specialist ($39k) — this shared position between recreation and communications replaces the seasonal intern with year-round professional marking support for programs, events and facilities at minimal add cost. The City's holds workers compensation insurance through the League of Minnesota's Insurance Trust. From 2022 to 2024 we saw rates trend upwards significantly, specifically for public safety employees. In the 2025 budget, the city forecasted those increases to continue, however we have seen our rates decline. Based on our last renewal, claims data and recent changes to post -traumatic stress disorder disability law, we have budgeted for a decrease in workers compensation insurance of $295,000. Operational Expenditure Changes Adjustments to operating budgets that are anticipated to continue into future years are shown below. These include contractual and utility increases. Description Change Public Safety — amphitheater contracted costs (offset by revenue) $300,000 Engineering contracted construction inspections 170,000 Contingency 110,100 Misc. supply and services (net adjustments) 93,100 Utilities (electric/water/gas) 72,500 I rni inhi nrncnri 'firm mefc A9 7nn Fire — turnout gear/uniforms 34,300 Community center cleaning contract 30,300 Fire — supplies, minor equipment 28,800 Building permit credit card fees 25,000 Finance Contracts (assessing/audit/actuary) 24,000 Fire — training 18,100 Park restroom cleaning contract 12,000 Change in operational expenses $961,010 158 8 During the early stages of the budget process significant budget adjustments are identified for 2026, which is typically any line item that would increase by greater than $10,000. For operations we also review software contracts and include a forecast for utilities and fuel from a city-wide perspective to adjust these amounts consistently across the organization. Departments then enter their remaining line items into their operating budgets. Engineer professional services were increased for contracted construction review services related to development. These costs are reimbursed through engineering fees. Contingency (unallocated funds) has been increased by $110,000 for unknowns related to insurance rates, firefighter union negotiations and miscellaneous items that might arise following the adoption of the budget. The Fire Department has requested additional funding to provide for turnout gear, additional medical equipment, uniforms, and additional training. The city contracts with Scott County to provide prosecution services, the cost for 2026 will increase by $42,700. The Community Center includes an increase of $30,300 to allow them to increase their cleaning contract from 2 days per week to 7 days per week, which would allow maintenance staff to focus more on deep cleaning and preventative maintenance. Rent Changes The city utilizes internal services funds to accumulate funds for the purchase or replacement of city equipment and facilities. The funding sources are annual rents (internal charges) to the appropriate departments. Description Change Equipment Rent $175,700 Buildin Rent 124,800 Park Facilities Rent 40,000 Information Technology Rent 18,700 Change in internal rent charges $359,200 The equipment rent increase is both a result of new equipment being added to the schedule as well as increases in year over year costs of vehicles and equipment. A 20 -year equipment replacement schedule is included in the 5 -year Capital Improvement Plan that identifies all equipment, useful lives, replacement years and costs. Building rents are set with the intention that they would provide the funding for major maintenance projects (roofs, boilers, hvac, etc.), but not fully fund building replacement or new construction. The rent increase is both the result of projects related to the aging of city buildings and inflationary costs of those projects. The annual cost for the various internal service funds are calculated based on estimated useful life or scheduled replacement dates. The amounts for 2026 have been further adjusted (decreased) based on current balances. As an example, in 2024 fire vehicles were sold and proceeds of the sale were deposited in the equipment fund, which was taken into account with the budget request for 2025 and 2026. 159 9 One-time Adjustments The General Fund up and down swings are typically moderated through the use of internal rent charges. However, a few one-time adjustments have been included in this budget. Comprehensive plan updates that will span 2026 and 2027. These costs will be offset by a one- time reduction of salt inventory, built up from the recent mild winters and removal of previous one-time items from the 2025 budget. Description Comprehensive Plan Road Materials/Salt (one-time inventory reduction for 2026) Fire Admin. vehicle Change $100,000 Building Inspector Ford Lightning Change in one-time costs (50,000) (75,000) (68,000) ($93,000) Debt Service The city council approved a transfer of $346,000 of year-end fund balance to pay the 2026 payment on the 2022A Improvement Bonds. The council approved a similar transfer the previous year which effectively eliminated the need for the debt service levy for these bonds. City Council approved a debt service levy reduction to use the available fund balance in both the existing 2016A debt service fund and the 2022A debt service. If approved, this will result in no change to the debt service levy. Capital Project Funds/Capital Improvements Levy Staff and city council have reviewed the 2026-2030 CIP and projects programmed for 2026. The CIP identifies $54.0 million in projects for 2026. The creation and update of a multi -year capital plan allows the city to plan for its current and long-term needs. Project areas within the CIP include buildings, equipment replacement, information technology, parks, street, sanitary sewer and storm drainage. The CIP is published as a separate document and includes appendixes for a 15 -year CIP, 20 -year equipment replacement schedule and a long-term financial plan. Over the five-year plan annual overlay, rehab and reconstruction projects total $38.7 million, which is an average annual cost of $7.7 million needed to maintain current city roadways. This is a significant increase over the previous five years, looking back at the 2021-2025 CIP, those same annual projects total $20.9 million, which was an average of $4.2 million. Recurring funding sources include tax levy, franchise fees, municipal state aid and special assessments. Recurring funding has not kept pace with increasing street improvement costs. That funding gap has been plugged in recent years through one-time funding sources, including a bond issue in 2022 and year-end General Fund transfers. For 2026, staff is recommending an increase the CIP levy from $1.2 million to $1.5 million to prevent that annual funding gap from further widening. The city currently does not have a bond sale anticipated in the budget or CIP for 2026, however a bond issue in 2026 or 2027 will need to be considered to bridge the funding gap. 160 10 Economic Development Authority The Shakopee EDA has the statutory authority to levy a small percentage (up to 0.0185%) of the city's taxable market value, which for 2026 would be a maximum of $1,532,766. The EDA and City Council can set the levy at any amount up to this cap. The EDA levy is identified on property tax statements as a separate local tax outside of the city's general property tax. For 2026, the preliminary request is for an EDA levy of $550,000 ($50,000 increase). Additional funding is provided through a contribution of IA percent of revenues from the Shakopee Public Utilities Commission. Staff is proposing a new ongoing transfer beginning in 2026 from the EDA in the amount of $50,000. Similar to the city utility funds (sewer and storm water), the EDA receives administration support from general fund operations including the city council, finance, information technology, communications and human resources. From a financial standpoint, the administration allocation would better reflect the full cost of the EDA. A corresponding $50,000 increase in the EDA levy is being proposed to allow for no net impact on the EDA. The EDA serves as the landlord for the main level business tenants at River City Centre. The EDA currently owns the land and the CDA owns the building. The activity (lease revenue and expenditures) is accounted for in a separate fund of the EDA. Taxable Market Value The city's taxable market value is at $8.70 billion, which is an increase of $412 million (5.0%) from last year. Residential, apartment, commercial all saw growth in market value. New construction accounted for 57.8% of the increase in taxable market value. Class Payable 2025 Payable 2026 Change (%) Agricultural $41,712,610 $53,862,863 29.1% Apartment 775,299,400 849,623,207 9.6% Commercial 745,589,700 771,505,500 3.5% Industrial 1,765,009,000 1,821,276,800 3.2% Public Utility/Railroad 36,422,700 36,480,300 0.2% Residential 4,917,336,577 5,160,489,043 4.9% Other 3,849,500 3,849,600 0.0% Totals $8,285,219,487 $8,697,087,313 5.0% 161 11 For the city of Shakopee, the total residential taxable market value increased 4.9 percent (includes new construction), the majority of homes (93%) are seeing very little change in their values (increase/decrease by less than the 5.0 percent). A breakdown of the value changes is provided below. Residential Impacts - Shakopee Estimated Market Value Value Range Number of Residential Properties Percentage of Increase/Decrease Total +15.01+% 187 1% +10.01-15.00% 70 1% +5.01-10.00% 693 5% +0.01-5.00% 7,773 59% No Change 503 4% -0.01-5.00% 3,900 30% -5.01 - 10.00% 12 0% -10.00 - 15.00% 3 0% -15.01% + 2 0% 13,143 100% Net Tax Capacity Class Payable 2025 Payable 2026 Change (%) Agricultural $372,853 $476,572 27.8% Apartment 8,736,702 9,668,496 10.7% Commercial 14,678,599 15,196,748 3.5% Industrial 35,164,710 36,290,770 3.2% Public Utility/Railroad 721,249 722,401 0.2% Residential 50,000,427 52,533,250 5.1% Other 39,220 39,221 0.0% Adj. to match county report - (146,997) Gross Tax Capacity $109,713,760 $114,780,461 4.6% Adjustments: Tax Increment ($3,842,380) ($4,395,026) 14.4% Fiscal Disparity Contribution 07,905,859) (20,022,701) 11.8% Net Tax Capacity $87,965,521 $90,362,734 2.7% Fiscal Disparity Distribution ($8,458,436) ($8,316,317) 1.7 % The total net tax capacity of the city is estimated at $90,362,734 compared to $87,965,521 in 2025, which is an increase of $2,397,213 (2.7%). 162 12 The gross tax capacity is adjusted for the increase in tax capacity of properties within tax increment financing districts. The tax increment adjustment of $4.4 million represents 3.8 percent of gross tax capacity. The net increase is primarily related to the growth of Canterbury Commons. It is important to note that these developments would not have occurred without the use of tax increment financing. The value and tax capacity of these districts are added to the city's tax roll upon the decertification of these districts. The gross tax capacity is also adjusted for the fiscal disparities program which is unique to the seven -county metro area and is further explained in the diagram below: CONTRIBUTION TO SHARED POOL Equals 40% of growth in commercial, industrial, and public utility property tax base since 1971 SHARED POOL OF TAX 00, BASE FOR METRO AREA DISTRIBUTION FROM SHARED POOL Based on population and market value of all property per person compared to average market value per person for metro area The city's estimated contribution to the program is $20.0 million in tax capacity, and the distribution is estimated at $8.3 million for a net contributed amount of $11.7 million. This is an increase of $2.2 million. The city of Shakopee continues to be one of the top net contributors (4th highest) to the program in 2026 at $11.7 million (10.2%) of the city's tax capacity. City Tax Rates The tax levy and market value estimates are expected to have a minimal impact on the city's tax rate, slightly increasing from 27.77 percent to an estimated 28.67 percent. 37% 35% 33% 31% 29% 27% Historical City Tax Rates 38.52" 37.21 34.94% 33.98% 32.10% 32.11% 28.59% 28.67% 27.77% 27.40% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 est. 163 13 Median Value Home The value of the median value home has increased from $350,700 to $361,300 over the past year. This is an increase of $10,600 (3.0%). The following chart provides information on the median value home and city property taxes paid since 2021. The orange bar and amounts on the left axis represent the median value home. $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $ $1,200 $1,000 $600 2021 2022 2023 2024 2025 2026 est. a Annual City Taxes $814 $877 $973 $909 $932 $996 Estimated Market Value $266,800 $284,700 $346,500 $338,400 $350,700 $361,300 Based on the proposed property tax levy and current assessment date, for the median value home this equates to an increase of $63 or (6.8 percent) annually in property taxes. Absent any change in value, homeowners can expect a tax increase of $30 or about 3.2 percent (taking into consideration the proposed tax rate). Enterprise Funds The city operates two public utility funds Sewer and Surface Water. These funds operate on their own ability to generate revenues and receive no property tax support. The Sewer fund provides for the collection and conveyance of wastewater through a system of mains and lift stations. Sewage is treated by the Metropolitan Council Environmental Services, whose contracted services account for approximately 80 percent of the fund's operating expenditures. The disposal charge for 2026 will increase to $3,226,182 (1.8%), following a significant 20.6% increase that occurred in 2025. The Surface Water fund maintains the surface water system for the city, which includes 140 miles of storm sewer and 224 ponds. The City's sewer billings include a city usage rate, a city fixed rate, and Metropolitan Council disposal rate. The surface water charge is based on acreage with residential paying a monthly charge equivalent to 1/3 of an acre. Staff will be proposing rate increases, in the range of one to three percent) for each fund to keep pace with operational costs and maintain the current 164 14 balances of those funds. For a typical residential user, this would amount to approximately $11 annually for sewer charges and $1 annually in surface water charges. Shakopee is below comparable and surrounding cities when it comes to a cost comparison of city property taxes, sanitary sewer and storm water charges. The following chart provides the 2026 annual cost of services for a $350,000 value home (slightly below the median value home in Shakopee) and 5,000 gallons of water usage a month. With the proposed 2026 changes Shakopee remains at the bottom of the comparison. S2,500 $2,250 $2,000 S 1,750 S1,500 $1,250 $1,000 $750 $500 $250 $- 2025 Annual Cost of Services for Comparable & Surrounding Cities ($350,000 home - 5,000 gallons/month) 51,793 51,323 S1,731 S1,717 S1,314 51,246 r r Sl 09 S1,540 I I r r I S1,863 S2,023 S2,093 I r $2,189 S2.2_80 r V 1 S2.394 °Q�„�1�` �¢`� 0���4 �Q,c`°�a,,¢ �°¢c �r�� Q,J{cs�O� 4Q�¢.e�el¢�� a¢ oi u Property Taxes Sewer Storm 165 15 Schedule for budget and property tax levy development Date I Who I What May 6, 2025 Council/Staff Review Long-term Financial Plan June 17, 2025 Staff/Public Public Input Meeting August 5, 2025 Council/Staff Review Preliminary Capital Improvement Plan (CIP) August 19, 2025 Council/Staff 2026 Budget Overview September 16, 2025 Council Adopt proposed maximum tax levy for City and EDA tax levy. September 30, 2025 Staff Certify maximum tax levy to the County which will be used for proposed property tax notices October 21, 2025 Council/Staff EDA Budget Review November 5, 2025 Council Adopt final 2026-2030 CIP November 12, 2025 County Proposed tax notices sent to owners December 2, 2025 Council Hold public meeting to discuss levy and budget. December 16, 2025 Council Adopt final tax levy and budget December 31, 2025 Staff Certify final tax levy and budget to County and State 166 16 Executive Summary The City's annual budget is $111.0 million and consists of a variety of revenue sources, including taxes, licenses and permit fees, utility charges for enterprise funds, and grants from federal and state government agencies. Shakopee Consolidated Budget $111.0M Governmental Funds $91.9M General Fund $43.0M Special Revenue Funds $2.1M Debt Service Funds $3.8M 1 Shakopee Government Television $17k Lodging Tax $460k 1 Economic Development Authority $782k RiverCity Centre $654k Opioid Settlement $88k Public Safety Funding$80k Capital Project Funds $43.0M 1 2016A Go Tax Abatement Bond $2.1M 1 2019A Go Tax Increment Rev Bond $340k 1 2020A Go Tax Increment Rev Bond $629k 1 2022A Go Tax Increment Rev Bond $253k 2022A Go Improvement Bond $494k Proprietary Funds $19.1M I I Enterprise Funds $8.8M 1 Park Development $25.7M 1 Capital Improvement Fund $17.2M 1 Tree Replacement $50k Internal Service Funds $10.3M Sewer Fund $5.4M Surface Water Fund $3.4M Refuse Fund $0 Equipment I.S. Fund $4.0M Park Asset I.S. Fund $1.2M Info Tech I.S. Fund $828k Buildingl.S. Fund $3.1M Self Insurance I.S. Fund $1.2M 167 17 Executive Summary Shakopee Sustainable Cycle of City Government The model illustrated on the next page sets high -quality City Services as the foundation of a healthy and growing community as shows where external forces and government action might intervene. The high quality services drive population growth, as more people and businesses want to be a part of our community. Population growth drives growth in real estate values, whether that be new development or rising demand for existing inventory. That growth in real estate values ensures rising tax revenue, which pays for the inflation -based cost increases of high -quality city services with minima/impact on the property tax rate. This cycle is the foundation of annual budget development and helps identify and explain influencing factors. ,<a Revenue Q O High -Quality City Services: Strong Infrastructure, i Safe Neighborhoods, (°c>. Amenities, etc. r?6,. ti An increase or decrease in any one of these areas has a direct effect on the others. 168 18 Executive Summary The City's governmental funds tend to be an area of high visibility as it includes the City's property tax levy. The total tax levy (including the EDA) for the 2026 budget is $28,764,480, which is a 5.58% increase over 2025. For a median -valued home of $361,300, this would be an estimated increase of $63 or 6.8%. The levy includes a $24,525,480 operating levy, $2,189,000 debt service levy, capital improvement levy of $1,500,000 and $550,000 Economic Development Authority levy. Levy Components (In Millions) $24.53 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 $19.60 $18.13 $16.85 $17.29 $16.88 $16.35 $ 20.86 $22.46 $23.36 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 • General Debt Service ■ Abatement ■ CIP Levy • Park Levy n EDA Levy 169 19 Executive Summary $ Change in City/EDA Levy, % Change, City Tax Rate 45.0° , 40.0% 35.0% $1,618,200 38.5% 37.2°o 30.0% $1, 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 146 0% $1,150,000 32.1% $684,207 7.5% 2017 3.6% $637,300 -0.2% 2018 2119 2020 -$30,048 .9% 3.1% $1,406,000 2.1% $1,800,000 $1,581,000 $1,600,000 $1,520,430 $1,400,000 $1,271,050 $1,200,000 28.6% °T7.13°70- $ 1,000,000 $800,000 $600,000 $400,000 ° ern% 5.58%$200,000 2021 2022 2023 2024 2025 2026 $ Change —9'o Change Tax Rate $- $(200,000) The City receives 27.7% of property taxes paid by residents. The remainder is distributed to the Shakopee School District, Scott County and other taxing districts. These amounts will change with the new voter approved school district referendum that passed November 4, 2025. Where do My Property Taxes Go? 011 04 - Shakopee Scott County 27.7% 27.6% Shakopee School District 39.8% Other Taxing Districts 5.0% 170 20 Executive Summary What do my City property taxes pay for? General Government 18% Debt Service 7% Capital Projects 5% Recreation 8% Public Safety 42% Public Works 20% government facility buildings. Public Safety - Police and fire services and building inspections. Capital Prc,y `a - Street infrastructure projects. Recreation - coordination and scheduling of park and athletic field use; coordinating preschool, youth, teen, adult, and senior programs, and special event activities; managing the operations of the Community Center, Ice Arena, SandVenture Outdoor Aquatic Park, and Log Cabin. - Responsibility for the City's public roadways including maintenance and snow plowing. Maintenance of vehicles and equipment is part of this department. Park maintenance and updates on all city parks. Planning infrastructure and maintenance of infrastructure by engineering. 6enerai Oovernment - Mayor and council, administration including communication, human resources and information technology, clerk's department handling records, elections, finance, planning and development and maintaining all - principal and interest payments for debt funded through the tax levy (e.g. road projects and ice arena/community center remodel) General Fund Revenues - the City's General Fund (operating fund) is the largest fund of the city with different revenue sources as described below. It is estimated that the City will collect $42M in General Fund revenue in 2026. ;rnncpc ar'! DP""' - building permits, liquor, tobacco, food establishments licenses. Intergovernmental - grants, programs, and aid from the state and federal governments for roads, public safety, and projects. Charnpc fnr ServirP -recreation programs, room and park shelter rentals, engineering fees and contracted services for police. Miscellaneous - interest income General Fund Revenue Charges for Services 24% Intergovernmental 5% Licenses and Permits 11% Special Assessments 0% Fines and Forfeitures 1% Taxes 58% Miscellaneous 1% 171 21 Organization Highlights Shakopee is organized in Minnesota under Plan A, which includes a city administrator, but the city council retains most decision -making authority such as policy setting, adopting ordinances and budget and staffing. The city council has four members who serve staggered terms of four years plus the mayor who serves a four-year term. All council positions are non-partisan, part-time and members are elected at large. HR Division Residents City Council Planning Commission/Board of Adjustments & Appeals Police Civil Service Commission Shakopee Public Utility Commission (SPU) City Administrator Department of Administrations (Asst. City Admin.) Communications Department Finance Department Park & Recreation Department Department of Planning & Development Police Department Fire Department Engineering Department Public Works Department IT Division City Clerk Facility Management Division Grant & Special Project Coordinator Planning Division Building Inspection Division Economic Development Street Maintenance Department Parks Maintenance Division Fleet Division Sanitary Sewer Division Storm Water Division 172 22 Organization Highlights FULL-TIME EMPLOYEES The city counts full-time equivalent (FTE) employees because it shows both full-time and part-time employees based on the numbers of hours worked per week.The city budgeted for an increase of City FTEs from 179 in 2025 to 1815 in 2026. This increase reflects the addition of a building inspector, recreation specialist and a part-time to full- time administrative assistant. In 2024 the city changed from a paid on call firefighters to part-time fire fighters to meet the community demands and manage the department more effectively. Department/Fund Number of Full -Time Equivalent Employees 2022 2023 2024 2025 2026 Administration City Clerk Finance Planning & Development Facilities Police Sworn Officers Civilian Employees Fire Building Inspection Engineering Street Fleet Park Maintenance Recreation Economic Development Authority Sewer Fund Storm Drainage Fund Total Employees 14 14 15 15 15 3.5 3.5 3.5 3.5 4 4 4 4 4 4 4.4 4.4 4.4 4.4 4.4 2 2 2 2 2 0 50 50 52 52 52 12.5 12.5 12.5 12.5 12.5 8 11 14 15 15 8.1 9.1 9.1 10.1 11.1 9.5 10 10 9 9 9.5 9 9 9 9 3 3 3 3 3 11.2 12.2 12.2 12.2 12.2 18 18 19 19 20 1.5 1.5 1.5 1.5 1.5 3.5 3.5 3.5 3.5 3.5 3.3 3.3 3.3 3.3 3.3 166.00 171.00 178.00 179.00 181.50 173 23 Community Profile The City of Shakopee was incorporated initially in 1857 and for the second time in 1870 and is located about 25 miles southwest of Minneapolis. Bounded by the Minnesota River on the north, Shakopee is in the northern part of Scott County and is the county seat. The city is one of the most rapidly growing communities of the state. The 2020 population of the city was 43,698 as of the 2020 census and the land area covered is approximately 29.5 square miles. State statute allows the City to extend its corporate limits by annexation, which occurs periodically. The city provides the normal municipal services such as police and fire protection, street and infrastructure construction and maintenance, parks and recreation, planning and zoning. Also provided are sewer and storm drainage utilities, and organized refuse collection and recycling. Electric and water utilities are operated by Shakopee Public Utilities Commission which is appointed by the City Council. Housing, economic development and redevelopment are controlled by the Shakopee Economic Development Authority. The Authority is comprised of city council members and is included as an integral part of the city's budget. 174 24 Community Profile Market Value of Property: Last 10 Fiscal Years Shakopee is a growing city with substantial growth the past few years. Since 2017, spurred by growth the city has seen a taxable market value increase by about $4.6 billion (115.6%). Market Value (In millions) Fiscal Year Estimated Taxable 2017 $ 4,251 $ 4,034 2018 $ 4,558 $ 4,343 2019 $ 4,824 $ 4,614 2020 $ 5,279 $ 5,064 2021 $ 5,750 $ 5,540 2022 $ 6,214 $ 6,045 2023 $ 7,369 $ 7,216 2024 $ 7,952 $ 7,782 2025 $ 8,532 $ 8,285 2026 $ 8,914 $ 8,697 Assessed market value of property (in millions) $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $- 2017 2018 2019 2020 2021 2022 202 2024 2025 2026 Source: Property in the City is assessed annually. The assessed value is equal to market value, although taxable value may be different, as shown. Information is provided to the city from the Scott County Assessor's Office. 175 25 Community Profile The City of Shakopee has a diverse tax base and employment opportunities are also diverse. There are several larger taxpayers and employers in the city that are important, but none are dominant. Shakopee is not overly reliant on one business or industry which has allowed us to weather fluctuations in the economy. Top 10 Taxpayers Taxpayer MCP Shakopee LLC GEP X Addison LLC Rahr Malting Shakkin LLC J &J Minneapolis LLC Seagate Technology LLC Southwest Logistic Center, LLC Lothenbach Properties & Challenge Printii Xcel Energy EXETER 2101 4th LLC Source: Scott County Top 10 Employers Employers Employees Amazon 2,200 Valley Fair 1,706 Emerson 1,528 School District No. 720 1,224 Cyberpower System s 1,160 Datacard 1000 St. Francis RMC 905 Scott County 823 Imagine Print Solutions 775 Canterbury Park 700 12,021 2023/24 Tax Capacity Value $ 1,223,406 863,721 753,833 619,949 609,817 589,714 577,450 570,651 514,444 484,760 $ 6,807,745 Rank 1 2 3 4 5 6 7 8 9 10 % of Total Tax Rank Capacity Value 1 1.32% 2 0.93% 3 0.81% 4 0.67% 5 0.66% 6 0.64% 7 0.62% 8 0.62% 9 0.56% 10 0.52% Total City Employment 5.06% 3.92% 3.51% 2.81% 2.67% 2.30% 2.08% 1.89% 1.78% 1.61% 27.64% 7.35% Source: D&B Hoovers, https://app.dnbhoovers.com/, and a December 2024 best efforts contact of individual employers. This is not a comprehensive list. Some employers do not respond to inquiries. 176 26 2026 Annual Budget GOVERNMENT WIDE FUNDS GENERAL FUND SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS TOTAL REVENUES: TAXES SPECIAL ASSESSMENTS LICENSES AND PERMITS INTERGOVERNMENTAL CHARGES FOR SERVICES FINES AND FORFEITURES MISCELLANEOUS TOTAL REVENUES EXPENDITURES: GENERAL GOVERNMENT PUBLIC SAFETY PUBLIC WORKS PARK AND RECREATION ECONOMIC DEVELOPMENT UNALLOCATED DEBT SERVICE TOTAL EXPENDITURES EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES OTHER FINANCING: TRANSFERS IN TRANSFERS OUT TOTAL OTHER FINANCING EXCESS (DEFICIENCY) OF REVENUES AND OTHER SOURCES OVER EXPENDITURES AND OTHER USES PROPERTY TAX LEVY REQUIRED TO SUPPORT THIS BUDGET $24,581,880 17,000 4,392,000 5,617,250 6,548,180 325,200 625,700 $1,036,000 0 20,000 335,000 24,000 68,000 402,500 $2,189,000 111,700 0 0 0 0 0 $2,450,000 550,300 750,000 22,234,800 0 0 617,000 $30,256,880 679,000 5,162,000 28,187,050 6,572,180 393,200 1,645,200 42,107,210 1,885,500 2,300,700 26,602,100 72,895,510 (6,577,150) (21,424,230) (8,771,130) (5,997,100) 0 (237,600) 0 (477,400) (167,220) 0 0 (1,435,700) 0 0 0 0 0 0 0 0 (3,810,200) 0 0 (43,006,500) 0 0 0 0 (7,054,550) (21,591,450) (51,777,630) (5,997,100) (1,435,700) (237,600) (3,810,200) (43,007,210) (2,080,320) (3,810,200) (43,006,500) (91,904,230) (900,000) 900,000 0 (194,820) (1,509,500) (16,404,400) (19,008,720) 0 1,297,800 4,282,300 (150,000) 0 (33,000) 6,480,100 (183,000) 900,000 (150,000) 1,297,800 4,249,300 6,297,100 $0 ($344,820) ($211,700) ($12,155,100) ($12,711,620) $24,525,480 $550,000 $2,189,000 $1,500,000 $28,764,480 177 27 2026 Annual Budget PROPRIETARY FUNDS SEWER FUND SURFACE WATER FUND INTERNAL REFUSE ENTERPRISE SERVICE FUND FUND TOTAL FUNDS TOTAL TOTAL REVENUES: OPERATING REVENUES EXPENSES: OPERATING EXPENSES DEPRECIATION 5,155,000 (4,419,950) (1,010,000) 1,431,000 (2,204,150) (1,180,000) 90,000 6,676,000 0 (6,624,100) 0 (2,190,000) 4,816,200 11,492,200 (9,180,800) (15,804,900) 0 (2,190,000) OPERATING INCOME (LOSS) NON -OPERATING INCOME NON -OPERATING EXPENSES (274,950) 123,000 0 (1,953,150) 230,000 0 90,000 (2,138,100) 0 353,000 0 0 (4,364,600) (6,502,700) 1,540,000 1,893,000 0 0 NET INCOME (LOSS) BEFORE TRANSFERS CAPITAL CONTRIBUTION TRANSFERS IN TRANSFERS OUT NET INCOME (LOSS) (151,950) 50,000 0 (2,050,000) 2,151,950 (1,723,150) 200,000 0 (2,449,300) 3,972,450 90,000 (1,785,100) 0 250,000 0 0 0 (4,499,300) (90,000) 6,034,400 (2,824,600) 0 150,000 (300,000) 2,974,600 (4,609,700) 250,000 150,000 (4,799,300) 9,009,000 178 28 BLANK 179 29 2026 Annual Budget GENERAL FUND The General Fund is used to account for revenues and expenditures necessary to carry out the basic functions of city government. Divisions within the General Fund include general government, public safety, public works and park and recreation. These basic functions include police and fire protection, planning, administration, etc. Appropriations are made from this fund annually. Revenues are recorded by source, i.e., taxes, intergovernmental, charges for services, etc. Expenditures are recorded by object and are primarily for day -to day operating expenses and equipment. Capital expenditures for large scale public improvements are accounted for within the Capital Projects Funds SUMMARY Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 TAXES SPECIAL ASSESSMENTS LICENSES AND PERMITS INTERGOVERNMENTAL CHARGES FOR SERVICES FINES AND FORFEITURES MISCELLANEOUS 20,790,614.32 56,189.70 6,393,007.06 5,592,884.81 5,425,467.91 327,215.22 1,470,310.13 22,730,797.52 19,707.86 5,542,102.05 6,035,453.77 5,019,846.73 296,452.31 1,282,629.27 23,446,450.00 17,000.00 3,810,750.00 5,430,000.00 5,236,800.00 325,200.00 537,100.00 24,581,880.00 17,000.00 4,392,000.00 5,617,250.00 6,548,180.00 325,200.00 625,700.00 TOTAL REVENUES GENERAL GOVERNMENT PUBLIC SAFETY PUBLIC WORKS RECREATION UNALLOCATED DEBT SERVICE CAPITAL OUTLAY 40,055,689.15 40,926,989.51 38,803,300.00 42,107,210.00 (5,272,823.10) (5,855,274.00) (16,248,819.34) (18,491,479.13) (7,539,353.18) (7,796,890.41) (5,017,323.89) (5,198,428.06) (34,004.24) (7,800.00) (64,781.17) (107,574.11) (296,648.07) (176,258.69) (6,039,670.00) (6,577,150.00) (19,386,190.00) (21,424,230.00) (8,398,550.00) (8,771,130.00) (5,558,990.00) (5,997,100.00) (127,900.00) (237,600.00) 0.00 0.00 (168,000.00) 0.00 TOTAL EXPENDITURES TRANSFERS IN PROCEEDS FROM SALE OF ASSETS BOND PROCEEDS TRANSFERS OUT (34,473,752.99) (37,633,704.40) 400,000.00 0.00 85,898.43 (4,048,650.00) 495,552.73 0.00 167,921.96 (2,460,000.00) (39,679,300.00) (43,007,210.00) 876,000.00 900,000.00 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL OTHER FINANCING COMMITTED FUNDS - BUILDING INSPECTIONS ASSIGNED FUND BALANCE- SAND VENTURE NET (3,562,751.57) (1,796,525.31) 126,000.00 0.00 0.00 200,000.00 2,145,184.59 1,696,759.80 876,000.00 900,000.00 0.00 0.00 0.00 0.00 0.00 0.00 180 30 2026 Annual Budget GENERAL FUND DETAIL Object Account Actual Actual 2023 2024 Budget 2025 Requested Budget 2026 01000 - GENERAL FUND REVENUES: 4011 - CURRENT PROPERTY TAX 4012 - DELINQUENT PROPERTY TAX 4013 - MARKET VALUE CREDIT 4015 - FISCAL DISPARITIES 4020 - MOBIL HOME TAX 4025 - PAYMENT IN LIEU OF TAXES 4031 - EXCESS TAX INCREMENT 4032 - TAX ABATEMENT 4035 - TAX PENALTY AND INTEREST 4040 - OTHER TAXES 4202 - CABLE FRANCHISE 4203 - TRACK FRANCHISE (18,184,893.36) (20,123,259.21) (21,038,150.00) (22,216,480.00) 0.00 (1,988.94) (2,330,925.56) (190.51) (43,284.55) 0.00 157,166.00 (7,482.80) (8,595.68) (357,688.22) (12,730.70) 0.00 195,700.00 (1,889.26) 0.00 (2,226,685.98) (2,317,000.00) (185.52) 0.00 (44,171.13) (39,000.00) (70,652.16) 0.00 84,806.00 120,000.00 (6,053.38) (5,000.00) (8,193.25) 0.00 (322,029.93) (350,000.00) (12,483.70) (13,000.00) 195,600.00 0.00 (2,309,000.00) 0.00 (40,000.00) 0.00 120,000.00 (5,000.00) 0.00 (315,000.00) (12,000.00) TAXES 4110 - SPECIAL ASSESSMENT PRINCIPAL 4111 - SPECIAL ASSESSMENT INTEREST 4112 - SPECIAL ASSESSMENT PENALTY & INTEREST 4120 - SPECIAL ASSESSMENT PREPAYMENTS (20,790,614.32) (22,730,797.52) (23,446,450.00) (24,581,880.00) (50,722.14) (4,186.06) (273.79) (1,007.71) (17,429.65) (1,218.51) (285.80) (773.90) (15,000.00) (2,000.00) 0.00 0.00 (15,000.00) (2,000.00) 0.00 0.00 SPECIAL ASSESSMENT 4210 - RENTAL HOUSING LICENSE 4220 - LIQUOR LICENSE 4230 - BEER LICENSE 4240 - TOBACCO LICENSE 4242 - ANIMAL LICENSES 4243 - MISC LICENSE 4251 - BUILDING PERMITS-NON-RESIDENTI 4252 - BUILDING PERMITS -NEW RESIDENTI 4255 - RE -ROOF PERMIT 4256 - WINDOWS -DOORS -RESIDING 4259 - PLAN REVIEW FEE-NON-RESIDENTIA 4260 - PLAN REVIEW FEE -NEW RESIDENTIA 4261 - PLUMBING PERMITS 4265 - MECHANICAL PERMITS 4267 - ELECTRICAL PERMITS 4272 - SEWER & WATER PERMITS 4274 - FIRE INSPECTION PERMITS 4275 - RENTAL HOUSING INSPECTIONS 4280 - ROW PERMITS 4299 - ELECTRONIC RECOVERY FEE (56,189.70) (48,860.00) (192,542.50) (2,830.00) (14,600.00) (10,110.00) (17,694.00) (1,734,220.63) (621,109.67) (573,127.69) 0.00 (999,855.15) (242,265.79) (281,956.08) (379,981.62) (437,814.50) (48,111.78) (60,191.61) 0.00 (112,960.65) (614,775.39) (19,707.86) (203,260.00) (220,304.56) (3,684.14) (14,800.00) (10,895.00) (18,004.00) (928,227.31) (1,219,544.95) (363,630.69) 0.00 (675,626.77) (390,916.49) (182,559.52) (243,733.18) (244,696.90) (97,983.12) (53,232.20) 0.00 (159,227.16) (511,776.06) (17,000.00) (125,000.00) (200,000.00) (1,800.00) (11,600.00) (10,000.00) (12,100.00) (875,000.00) (450,000.00) (100,000.00) 0.00 (607,250.00) (200,000.00) (180,000.00) (200,000.00) (250,000.00) (40,000.00) (45,000.00) (25,000.00) (110,000.00) (368,000.00) (17,000.00) (150,000.00) (200,000.00) (2,000.00) (12,000.00) (11,000.00) (136,500.00) (900,000.00) (600,000.00) (175,000.00) 0.00 (662,500.00) (300,000.00) (200,000.00) (200,000.00) (190,000.00) (75,000.00) (48,000.00) (20,000.00) (110,000.00) (400,000.00) LICENSES AND PERMITS 4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS 4460 - STATE AID - MAINT 4462 - STATE AID - FIRE 4465 - STATE AID - POLICE 4467 - POLICE TRAINING REIMBURSEMENT (6,393,007.06) (158,624.59) (208,759.67) (571,778.00) (391,069.29) (532,674.27) (49,499.72) (5,542,102.05) (123,422.59) (658,674.46) (623,609.00) (447,447.91) (600,112.87) (47,641.19) (3,810,750.00) (16,000.00) (213,000.00) (624,000.00) (345,000.00) (530,000.00) (50,000.00) (4,392,000.00) (16,000.00) (130,250.00) (699,000.00) (390,000.00) (630,000.00) (45,0 181 ) 31 2026 Annual Budget GENERAL FUND DETAIL Object Account Actual Actual 2023 2024 Budget Requested 2025 Budget 2026 4482 - COUNTY GRANTS/AIDS 4490 - OTHER GRANTS/AIDS 4705 - SPUC REVENUE CONTRIBUTION (26,613.45) (26,174.05) (2,500.00) (15,553.70) (3,651,365.82) (3,492,818.00) (22,000.00) (22,000.00) 0.00 0.00 (3,630,000.00) (3,685,000.00) INTERGOVERNMENTAL 4511 - ADMINISTRATIVE CHARGES 4513 - SALE OF DOCUMENTS 4527 - RECORDING FEE 4540 - CONDUIT DEBT ADMIN FEE 4572 - SIGNS 4577 - AUAR 4587 - PLANNING/ZONING APPLICATIONS 4620 - ENGINEER FEE - PRIVATE 4621 - ENGINEER FEE - PUBLIC 4622 - PARK FEE - PUBLIC 4630 - GRADE FEE 4642 - CONTRACTED SERVICES 4643 - VALLEY FAIR 4646 - FALSE ALARMS 4647 - TRIBAL CONTRIBUTION 4660 - FIRE SERVICES 4680 - MISC PUBLIC WORKS 4681 - CAR/TRUCK WASHES 4751 - REFUSE CHARGES 4761 - MEMBERSHIP - DEFERRED REVENUE 4762 - MEMBERSHIPS 4766 - GENERAL ADMISSIONS 4768 - SKATE SCHOOL ADMISSION 4770 - LESSONS 4774 - ICE RENTAL - PRIME TAXABLE 4775 - ICE RENTAL - PRIME EXEMPT 4780 - YOUTH ACTIVITIES 4794 - ADULT SPORTS 4795 - ADULT ACTIVITIES 4796 - ROOM RENTALS 4797 - ROOM RENTAL- NONTAXABLE/EXEMPT 4798 - PARK FACILITY RENTAL 4799 - PARK FIELD RENTALS 4800 - SKATE SHARPENING 4801 - DAMAGE DEPOSIT 4808 - PARK FAC. RENT - NONTAX/EXEMPT 4810 - CONCESSION STANDS 4811 - FIRE BOXES- TAX EXEMPT ENTITY 4812 - VENDING CONCESSION COMMISSION 4816 - NON-RESIDENT FEE/TOWNSHIP PYMT 4817 - ARENA ADVERTISING 4818 - OTHER RECREATION FEES (5,592,884.81) (6,035,453.77) (5,430,000.00) (5,617,250.00) (60,337.13) (503.25) (25.00) 0.00 (15,225.00) (128,834.80) (90,750.00) (891,015.86) (153,609.62) (14,056.47) (215,089.39) (505,827.27) (46,195.50) (7,670.00) (150,000.00) (240,822.00) (1,457.00) (7,571.00) (21,637.96) (8,451.00) (792,250.34) (481,018.31) (72,641.08) (106,359.22) (228,657.24) (548,377.50) (144,369.33) (28,406.00) (51,533.00) (190,733.61) (4,691.71) (9,932.36) (4,128.38) (8,240.85) 225.00 (27,795.00) (82,516.52) 0.00 (11,952.36) 0.00 (69,374.50) (3,637.35) (42,403.66) (1,412.00) (45.00) 0.00 (35,301.00) (216,809.00) (73,631.00) (544,930.17) (189,638.10) (1,126.38) (289,326.19) (550,120.09) (40,685.12) (11,285.00) (175,000.00) (265,027.09) 0.00 (8,255.00) (26,405.85) 10,840.00 (629,864.93) (367,726.53) (69,169.21) (127,012.50) (287,333.38) (525,855.00) (145,041.75) (31,076.50) (58,621.30) (171,644.87) (9,404.45) (5,872.72) (2,162.11) (3,641.25) 900.00 (26,240.00) (16,422.24) 0.00 (12,869.33) 0.00 (65,415.00) (4,813.01) (40,000.00) (400.00) 0.00 0.00 (13,000.00) (45,000.00) (50,000.00) (450,000.00) (425,000.00) (15,000.00) (172,000.00) (606,500.00) (40,000.00) (10,000.00) (175,000.00) (290,000.00) 0.00 (11,700.00) (24,000.00) 0.00 (708,000.00) (614,000.00) (65,000.00) (116,000.00) (300,000.00) (485,000.00) (162,000.00) (25,000.00) (50,000.00) (142,000.00) (19,000.00) (32,000.00) (4,000.00) (7,000.00) (6,000.00) (30,000.00) (27,500.00) 0.00 (13,000.00) (2,200.00) (60,000.00) (1,500.00) (66,000.00) (480.00) 0.00 0.00 (17,000.00) (45,000.00) (65,000.00) (600,000.00) (425,000.00) (15,000.00) (190,000.00) (1,236,600.00) (40,000.00) (10,000.00) (200,000.00) (315,200.00) 0.00 (11,700.00) (24,000.00) 0.00 (829,000.00) (827,000.00) (70,000.00) (132,000.00) (300,000.00) (490,000.00) (182,000.00) (30,000.00) (64,000.00) (166,200.00) (23,000.00) (35,000.00) (4,000.00) (10,000.00) (2,000.00) (30,000.00) (18,000.00) 0.00 (14,000.00) 0.00 (60,000.00) (1,000.00) CHARGES FOR SERVICES 4821 - FINES & FORFEITS (5,425,467.91) (36,892.90) (5,019,846.73) (1,030.35) (5,236,800.00) (200.00) (6,548,180.00) (2.182) 32 2026 Annual Budget GENERAL FUND DETAIL Object Account 4822 - FINES & FORFEITURES - TO COUNTY Actual 2023 (290,322.32) Actual 2024 (295,421.96) Budget 2025 (325,000.00) Requested Budget 2026 (325,000.00) FINES & FORFEITS 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4841,4964 - LEASE RENT/REVENUE 4843 - COMMISSIONS 4845 - CONTRIBUTIONS/DONATIONS 4530 - ANTENNA RENTAL 4850 - MISCELLANEOUS 4853 - INSURANCE REIMBURSEMENT 4855 - SALE OF ASSETS (327,215.22) (566,465.74) (462,573.00) (44,806.25) (1,650.00) (29,721.00) (598.36) (403,341.54) (3,544.51) (2,415.98) (296,452.31) (698,011.38) (382,516.83) (56,508.83) (900.00) (31,208.31) (1,049.90) (158,715.32) (3,889.90) (6,337.63) (325,200.00) (475,000.00) 0.00 0.00 0.00 (38,000.00) (600.00) (23,500.00) 0.00 0.00 (325,200.00) (550,000.00) 0.00 0.00 0.00 (26,000.00) (16,200.00) (33,000.00) 0.00 (500.00) MISCELLANEOUS (1,515,116.38) (1,339,138.10) (537,100.00) (625,700.00) REVENUES EXPENDITURES: 6002 - WAGES 6005 - OVERTIME -FT 6010 - PREMIUM PAY 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP (40,100,495.40) (40,983,498.34) (38,803,300.00) (42,107,210.00) 13,936,844.03 538,406.25 2,455.50 1,773,835.36 39,587.22 15,484,448.59 648,710.10 15,811.20 1,724,678.98 25,240.12 16,991,100.00 780,500.00 12,000.00 1,750,000.00 29,300.00 18,398,400.00 945,900.00 12,000.00 1,924,100.00 29,300.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6160 - UNEMPLOYMENT 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6186 - PENSION EXPENSE 16,291,128.36 1,730,244.09 764,459.52 1,699,945.16 0.00 80,537.65 37,879.87 65,759.85 0.00 816,980.60 444,066.27 23,631.00 17,898,888.99 2,007,896.64 828,097.83 1,984,701.97 0.00 84,537.19 40,248.64 67,586.02 14, 085.44 678,923.15 903,355.33 357,389.00 19,562,900.00 2,269,600.00 948,800.00 2,721,900.00 0.00 92,200.00 46,400.00 92,200.00 0.00 978,800.00 313,700.00 90,000.00 21,309,700.00 2,498,300.00 1,035,100.00 2,848,300.00 89,800.00 94,100.00 49,900.00 94,100.00 0.00 767,700.00 340,200.00 90,000.00 BENEFITS 5,663,504.01 6,966,821.21 7,553,600.00 7,907,500.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6250 - MERCHANDISE FOR RESALE 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6322 - PAVEMENT PRESERVATION 6326 - CLEANING SERVICES 21,954,632.37 580,254.73 9,432.91 163,797.21 12,688.11 178,986.06 261,376.56 365,855.46 36,540.72 475,880.30 128,628.08 396,452.79 559,774.26 130,548.07 24,865,710.20 505,457.07 44,824.48 163,471.61 14,540.15 181,308.21 211,970.27 312,036.76 317.90 480,370.00 214,411.68 300,218.68 599,649.86 137,774.61 27,116,500.00 664,930.00 31,500.00 135,100.00 15,200.00 238,100.00 289,100.00 289,100.00 2,000.00 543,400.00 60,000.00 338,000.00 613,000.00 159,000.00 29,217,200.00 791,000.00 30,000.00 174,400.00 15,200.00 187,100.00 270,400.00 295,500.00 2,500.00 595,000.00 230,000.00 321,100.00 618,C"" 239,183,) 33 2026 Annual Budget GENERAL FUND DETAIL Object Account Actual Actual 2023 2024 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6338 - ADVERTISING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6367 - REFUSE 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6435 - OTHER RENT 6440 - PARK RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 6471 - WELLNESS PROGRAM 1,417,625.86 37,269.51 88,784.65 91,138.37 4,239.14 30,519.25 388,000.00 807,050.86 75,703.61 235,604.74 25,381.46 16,675.87 37,573.83 671,714.06 595,000.20 2,458.18 1,364,700.00 1,185,499.92 17,303.78 635,900.04 234,362.38 39.43 180,732.68 3,800.84 8,925.24 1,262,160.53 20,790.38 75,102.41 83,303.60 2,030.72 35,332.30 342,700.00 791,351.18 57,635.21 206,337.18 30,278.49 23,999.48 36,106.05 694,985.91 634,499.76 7,149.92 1,579,299.96 1,353,199.92 20,192.37 659,100.00 298,082.03 2,204.58 159,350.55 3,555.51 12,616.58 Budget 2025 1,159,300.00 29,500.00 93,200.00 97,600.00 7,200.00 30,140.00 359,900.00 766,600.00 63,100.00 235,800.00 21,300.00 15,000.00 37,900.00 823,280.00 634,700.00 58,600.00 1,699,300.00 1,378,200.00 21,900.00 669,100.00 236,500.00 4,900.00 191,400.00 6,750.00 12,000.00 Requested Budget 2026 1,501,700.00 29,600.00 90,550.00 104,500.00 2,700.00 31,100.00 345,100.00 814,500.00 66,800.00 239,400.00 33,200.00 20,000.00 38,300.00 830,910.00 653,400.00 86,800.00 1,875,000.00 1,503,000.00 26,400.00 709,100.00 289,300.00 5,550.00 194,800.00 5,400.00 12,000.00 SUPPLIES AND SERVICES 6620 - PROPERTY TAX/SPECIAL ASSESS 6630 - PAYMENT TO FIRE RELIEF 6640 - DESIGNATED MISCELLANEOUS 6645 - SERVICE AWARDS 6650 - CREDIT CARD FEES 6660 - BANK FEES- NSF FEE 6661 - CASH SHORT 6670 - RECREATION SCHOLARSHIPS 6681 - CONTINGENCY 11,456,219.16 25,604.24 393,069.29 5,741.86 5,177.89 270,568.83 58.96 66.65 1,184.50 0.00 11,557,715.90 0.00 551,925.36 5,106.19 4,399.86 363,770.43 (98.75) 237.91 1,104.50 0.00 12,031,600.00 0.00 0.00 50,000.00 5,000.00 231,900.00 100.00 0.00 1,200.00 75,000.00 13,278,610.00 0.00 0.00 50,000.00 5,000.00 270,000.00 100.00 0.00 1,200.00 185,100.00 MISCELLANEOUS EXPENSE 6720 - ROW/EASEMENTS 6730 - BUILDINGS 6740 - EQUIPMENT 6745 - SOFTWARE 6765 - IMPROVEMENTS/INFRASTRUCTURE 701,472.22 926,445.50 363,200.00 5,661.84 13,844.00 247,844.82 29,297.41 0.00 0.00 6,167.46 84,935.64 85,155.59 0.00 0.00 0.00 168,000.00 0.00 0.00 511,400.00 0.00 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 6835 - LEASE INTEREST PAYMENT 6836 - SBITA INTEREST PAYMENT 6830 - CAPITAL LEASE PAYMENT 6831 - SBITA PRINICPAL PAYMENT 296,648.07 7,816.94 862.91 41,244.01 14,857.31 176,258.69 5,077.49 1,618.99 65,157.91 35,719.72 168,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 184 34 2026 Annual Budget GENERAL FUND DETAIL Object Account Actual Actual 2023 2024 Budget 2025 Requested Budget 2026 DEBT SERVICE 64,781.17 107,574.11 0.00 0.00 EXPENDITURES OTHER FINANCING: 8010 - TRANSFER IN FROM GENERAL FUND 8013 - TRANSFER IN FROM ENTERPR FUND 8015 - TRANSFER IN FROM IS FUND 8018 - TRANSFER IN FROM SPEC REV FUND 34,473,752.99 37,633,704.40 39,679,300.00 43,007,210.00 (400,000.00) 0.00 0.00 0.00 (400,000.00) 0.00 0.00 (95,552.73) 0.00 (400,000.00) (350,000.00) (126,000.00) 0.00 (400,000.00) (350,000.00) (150,000.00) TRANSFERS IN 8054 - TRANSFER OUT TO DEBT FUNDS 8056 - TRANSFER OUT TO CAPITAL FUNDS 8057 - TRANSFER OUT TO IS FUND (400,000.00) (495,552.73) 348,650.00 3,700,000.00 0.00 346,000.00 1,114,000.00 1,000,000.00 (876,000.00) (900,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 TRANSERS OUT 4,048,650.00 2,460,000.00 0.00 0.00 GAIN/LOSS ON DISPOSAL OF ASSET 4962 - CAPITAL LEASE ISSUED 4966 - SBITA ISSUED PROCEEDS FROM DEBT/LEASE ISSUED 0.00 0.00 (11, 794.77) (29,297.41) (36,257.54) (75,155.59) (41,092.18) (111,413.13) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 OTHER FINANCING 3,607,557.82 1,853,034.14 (876,000.00) (900,000.00) Total 01000 - GENERAL FUND (2,019,184.59) (1,496,759.80) 0.00 0.00 185 35 2026 Annual Budget GENERAL FUND EXPENDITURES BY DIVISION Division Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 01000 - GENERAL FUND 00 - N/A 11 - MAYOR & COUNCIL 12 - ADMINISTRATION 13 - CITY CLERK 15 - FINANCE 17 - PLANNING & DEVELOPMENT 18 - FACILITIES 31 - POLICE DEPARTMENT 32 - FIRE 33 - BUILDING INSPECTIONS 41 - ENGINEERING 42 - STREET MAINTENANCE 44 - FLEET 46 - PARK MAINTENANCE 67 - RECREATION 91 - UNALLOCATED 133.16 175,970.93 2,322,234.58 514,431.68 1,063,151.88 587,877.61 670,731.96 11,019,755.20 3,662,338.66 1,774,234.20 1,204,737.07 2,591,333.03 469,800.21 3,279,144.71 5,095,251.08 42,627.03 1,859.40 135,799.56 2,660,747.36 605,908.37 1,124,343.22 811,304.94 602,887.81 12,361,362.08 4,221,604.15 2,045,022.67 1,348,073.75 2,565,925.01 520,525.66 3,368,809.02 5,251,731.40 7,800.00 0.00 205,900.00 2,726,280.00 480,700.00 1,166,950.00 765,540.00 694,300.00 12,973,990.00 4,448,100.00 2,132,100.00 1,430,500.00 2,846,050.00 607,800.00 3,514,200.00 5,558,990.00 127,900.00 0.00 196,400.00 2,951,650.00 633,900.00 1,226,150.00 902,450.00 666,600.00 14,260,280.00 4,847,700.00 2,316,250.00 1,631,700.00 2,894,450.00 603,170.00 3,641,810.00 5,997,100.00 237,600.00 Total 01000 - GENERAL FUND 34,473,752.99 37,633,704.40 39,679,300.00 43,007,210.00 186 36 BLANK 187 37 2026 Annual Budget General Fund: General Government SHAKOPEE The General Government division comprises 15.3% of the General Fund Expenditures. It includes the following divisions: • Mayor and Council • Administration • Clerk • Finance • Planning & Development • Facilities Mayor & Council City Administrator Assistant City Administrator Finance Director Communication Manager Director of Planning & Development Human Resources Director IT Director City Clerk Grants & Special Projects Coordinator Facilities Maintenance Supervisor Accounting Manager Accounting Specialist Accounting Clerk p Communication Specialist Senior Planner Planner Human Resources Specialist IT Infrastructure Administrator IT Specialist Deputy City Clerk Records Clerk Administrative Assistant Facilities Maintenance Worker 188 38 Division: Mayor & Council PIIIILAII SHAKOPEF. Category: General Government 2026 Annual Budget Description of Services: As the elected policy -making body for the City of Shakopee, the Mayor and City Council are here to serve you, the community of Shakopee. The Mayor and City Council are regularly asked to make important and sometimes difficult decisions based on information and recommendations provided to them by staff, as well as input from the community. The job is not always easy, but they are public servants who accept the responsibility to do all they can to make Shakopee a great place to live, work, and play. Shakopee's Mayor and City Council are responsible for adopting ordinances, setting policy, adopting budgets, and reviewing certain projects, as well as providing oversight to the administration. They typically meet as a group on the first and third Tuesdays of every month, but due to the nature of city business, they may be called in for special meetings or workshops. In addition to regular meetings as a governing body, each member is assigned additional committees to serve on, which helps them maintain relationships with community, regional, state-wide and national -level groups to ensure that Shakopee's voice is heard. The Mayor and City Council members are elected for staggered four-year terms. The mayor serves as chief executive officer of the city and chairman of the City Council. The Mayor and City Council attend many events throughout the year as ambassadors of the city, and each member has an equal voice and vote on city matters. Members: 2023 2024 2025 2026 Mayor Council 1 1 1 1 4 4 4 4 Total 5 5 5 5 Accomplishments: V Keep tax rates low with the expanding community. Goals/Challenges: • Improve efficiency, stay atop of issues and changes at the state and federal level, and ensure that Shakopee's voice is heard on important issues. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Council Meetings & Work Sessions 25 27 25 26 189 39 2026 Annual Budget Division: 11- MAYOR & COUNCIL Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 11 - MAYOR & COUNCIL 6002 - WAGES 6015 - WAGES - PART TIME/TEMP WAGES 6122-PERA 6124 -FICA 6170 - WORKERS COMPENSATION 58,461.69 53,200.17 57,500.00 57,500.00 6,964.50 9,289.75 17,500.00 8,200.00 65,426.19 62,489.92 75,000.00 65,700.00 2,797.13 2,660.21 4,300.00 4,300.00 5,011.80 4,613.69 5,800.00 5,000.00 260.82 184.15 300.00 300.00 BENEFITS 8,069.75 7,458.05 10,400.00 9,600.00 WAGES & BENEFITS 6202 - SUPPLIES 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6310 - ATTORNEY 6327 - PROFESSIONAL SERVICES 6336 - PRINTING/PUBLISHING 6351 - INSURANCE PREMIUM (IS FUND) 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 73,495.94 69,947.97 85,400.00 75,300.00 647.00 87.09 300.00 300.00 0.00 0.00 500.00 500.00 18.76 0.00 200.00 200.00 9,357.75 7,886.50 16,000.00 16,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 200.00 200.00 200.00 200.00 3,800.04 2,700.00 1,500.00 1,500.00 22,100.04 20,900.04 20,000.00 20,200.00 939.40 1,135.00 1,600.00 2,000.00 0.00 58.96 200.00 200.00 65,412.00 32,884.00 80,000.00 80,000.00 SUPPLIES AND SERVICES 102,474.99 65,851.59 120,500.00 121,100.00 MISCELLANEOUS EXPENSE 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 0.00 0.00 0.00 0.00 Total 11 - MAYOR & COUNCIL 175,970.93 135,799.56 205,900.00 196,400.00 190 40 PlikA SHaKOPFF Division: Administration Category: General Government 2026 Annual Budget Description of Services: The Department of Administration is responsible for the direction and coordination of all city departments in carrying out the policies established by the City Council, preparation of the annual budget, and recommendations to the council regarding existing and new policies and programs. The department is also responsible for all personnel matters, including payroll and benefits administration; communications activities, such as the city's website and newsletter; telecommunications functions, including operation of the Government Access Channel; information technology (IT) which takes care of the various individual and organizational devices and infrastructure. Employees: 2023 2024 2025 2026 City Administrator Assistant City Administrator Grants & Special Projects Coordinator Human Resources Director 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Human Resources Specialist Communications Manager Communications Specialist IT Director 2 3 3 3 1 1 1 1 2 2 2 2 1 1 1 1 IT Infrastructure Administrator 2 2 2 2 IT Specialist 2 2 2 2 Total 14 15 15 15 Accomplishments: ✓ Upgrade of recording and broadcast equipment in City Council Chambers to continue to provide high -quality viewing of official city meetings, as well as record other presentations without automatically broadcasting them. ✓ Prepared to implement Paid Family Leave by January 1, 2026, as directed by the State of Minnesota. ✓ Completed BCA audit, and have both implemented many best practices and have plans to implement further digital and physical security measures. ✓ Communications produced more than 30 park tour videos, showcasing amenities at every park in Shakopee. Goals/Challenges: • Strive to provide an example of excellence in customer service throughout our organization. • Keeping up to date on legislative changes that affect city operations and/or service delivery. • Ensuring that all community members have access to important information. • Continue collaborating with Scott County and other public partner entities to explore and establish a group healthcare consortium that strengthens employee benefits and promotes cost efficiencies. • In conjunction with Parks & Recreation, integrating the shared part-time marketing specialist position to provide support for city programs, events, and facilities. Performance Measures: Actual 2023 Actual Projected 2024 2025 Projected 2026 New Hires (Full & Part Time, Election Judges, Seasonal) Computers and Equipment Supported by IT Help Desk Tickets 3,949 Software Apps Supported Website Visits 134 151 150 175 963 990 975 1,000 3,949 4,250 4,600 125 125 125 125 272,000 269,900 300,000 300,000 Social Media Followers 50,520 54,727 60,000 63,000 Video Productions 46 113 50 40 191 41 2026 Annual Budget Division: 12- ADMINISTRATION Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 12 - ADMINISTRATION 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 1,423,797.42 1,558,310.72 1,694,900.00 1,831,000.00 351.49 1,702.25 0.00 0.00 3,272.40 20,114.71 3,200.00 31,900.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6160 - UNEMPLOYMENT 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6186 - PENSION EXPENSE 1,427,421.31 1,580,127.68 1,698,100.00 1,862,900.00 106,324.40 116, 373.34 127,100.00 138, 800.00 102,040.78 114,245.58 130,000.00 142,600.00 131, 545.62 166, 565.55 190,100.00 222,400.00 0.00 0.00 0.00 7,900.00 6,951.00 7,315.84 8,100.00 8,100.00 3,604.88 3,924.34 4,400.00 4,700.00 6,463.80 6,822.90 8,100.00 8,100.00 0.00 0.00 0.00 0.00 10,655.13 8,941.25 12,700.00 10,000.00 7,320.74 90,794.91 30,500.00 33,000.00 248.00 60,526.00 0.00 0.00 BENEFITS 375,154.35 575,509.71 511,000.00 575,600.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6338 - ADVERTISING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6367 - REFUSE 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 6471 - WELLNESS PROGRAM 1,802, 575.66 11, 309.31 1,023.99 539.00 1,523.23 447.43 178.21 62,756.26 104,060.00 9,240.13 6,974.82 30,819.35 57.24 264.59 7,100.00 0.00 99,696.66 52,700.04 152.70 5,300.04 57,400.08 30,907.00 0.00 22,063.77 300.08 8,925.24 2,155,637.39 5,542.68 8,619.87 0.00 2,244.53 516.12 44.00 22,301.78 81,670.04 6,137.55 5,153.34 25,462.15 689.88 386.10 5,700.00 0.00 103,442.90 63,799.92 0.00 5,499.96 57,999.96 55,932.75 932.84 25,687.64 223.33 12,616.58 2,209,100.00 4,500.00 0.00 0.00 2,200.00 600.00 7,600.00 42,000.00 77,000.00 11,800.00 9,000.00 37,000.00 1,200.00 400.00 6,000.00 12, 000.00 114, 680.00 58,000.00 0.00 4,000.00 60,100.00 44,000.00 2,000.00 5,900.00 200.00 12, 000.00 2,438,500.00 4,500.00 3,500.00 0.00 2,200.00 600.00 2,900.00 43,000.00 79,900.00 12,800.00 7,000.00 36,700.00 1,000.00 400.00 5,600.00 0.00 122,550.00 55,000.00 0.00 4,400.00 60,400.00 45,000.00 2,500.00 5,900.00 300.00 12,000.00 SUPPLIES AND SERVICES 6640 - DESIGNATED MISCELLANEOUS 6645 - SERVICE AWARDS MISCELLANEOUS EXPENSE 513,739.17 741.86 5,177.89 5,919.75 490,603.92 106.19 4,399.86 4,506.05 512,180.00 0.00 5,000.00 5,000.00 508,150.00 0.00 5,000.00 5,000.00 6745 - SOFTWARE 0.00 10, 000.00 0.00 0.00 CAPITAL OUTLAY 0.00 10,000.00 0.00 0.Q^ Total 12 - ADMINISTRATION 2,322,234.58 2,660,747.36 2,726,280.00 192 2,951,650.6 42 PlikA SHaKOPFF Division: City Clerk Category: General Government 2026 Annual Budget Description of Services: A primary objective of the city is to provide excellent customer service to you, our community members, and to work as efficiently as possible with your tax dollars. The City Clerk's office is a major player for both objectives, as it serves as an informational hub throughout the city. From the moment you enter or otherwise contact City Hall, you will be greeted by a member of the City Clerk's division. All staff are ready to help get you where you need to go, and are passionate about providing top-notch customer service. Whether you need business licensing, have a records request, or just aren't quite sure who to contact about a particular issue, our staff are here to help guide you through the process. City clerk's office is also responsible for maintaining official city records by scanning, filing, and managing the documents in our electronic repository. Finally, the City Clerk's office is responsible for administering elections in the City of Shakopee. They recruit, hire, and train our election judges; maintain and test election equipment; and provide exceptional customer service to our citizens on Election Day. Employees: 2023 2024 2025 2026 City Clerk Deputy City Clerk Administrative Assistant 1 1 1 1 1 1 1 1 0.5 0.5 0.5 1 Records Clerk 1 1 1 1 Total 3.5 3.5 3.5 4 Accomplishments: ✓ Strive to provide an example of excellence in customer service throughout our organization. ✓ Onboarded new City Clerk and evaluated current positions and customer service needs. ✓ Created new licensure processes for the state mandated cannabis licensing, as well as the state authorized Shakopee Social District. Goals/Challenges: • Keeping up to date on legislative changes that primarily affect data retention, official publications, and election procedures. • Ensuring that all parties have access to important public information. • Transitioning Administrative Assistant position to full-time in order to provide consistent front desk customer service, and support other departmental positions by enabling them to focus on their specialized areas. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Business, Solicitor, and Gambling Licenses Issued Registered Voters Voter Turnout 228 241 265 250 25,745 29,717 29,717 30,000 1,592 23,484 N/A 19,650 Election Judges Clerk Team Documents Scanned 73 185 N/A 185 3,113 4,305 5,000 5,500 Clerk Team Total Pages Scanned Other Department Documents Scanned Other Departments Total Pages Scanned 37,709 50,446 45,000 50,000 146,787 85,759 60,000 65,000 529,157 231,288 175,000 185,000 193 43 2026 Annual Budget Division: 13- CITY CLERK Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 13 - CITY CLERK 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 253,723.68 307,713.54 272,600.00 332,400.00 105.00 2,217.95 0.00 0.00 40,604.48 72,436.26 34,400.00 86,800.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 294,433.16 382,367.75 307,000.00 419,200.00 20,487.00 21,988.73 23,000.00 25,000.00 20,203.73 23,474.54 23,500.00 32,000.00 27,842.16 33,518.00 38,300.00 62,200.00 0.00 0.00 0.00 1,900.00 1,620.00 1,581.74 1,600.00 2,200.00 700.37 759.63 800.00 900.00 957.60 963.59 1,600.00 2,200.00 1,962.41 1,996.87 2,000.00 1,500.00 (2,012.68) 19,318.37 4,900.00 6,000.00 BENEFITS 71, 760.59 103, 601.47 95, 700.00 133, 900.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6213 - MEETINGS 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6351 - INSURANCE PREMIUM (IS FUND) 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 366,193.75 485,969.22 402,700.00 553,100.00 4,905.32 1,122.69 1,730.66 0.00 2,358.00 3,374.72 10,698.86 49.39 3,778.54 1,400.00 20,202.08 15,800.04 146.18 15,399.96 5,107.74 0.00 610.00 3,390.98 0.00 6,127.33 0.00 4,792.00 3,322.73 175.05 2.48 1,100.84 1,200.00 12,200.78 15,300.00 0.00 14,499.96 2,173.73 0.00 710.00 3,300.00 3,600.00 0.00 0.00 4,000.00 4,000.00 300.00 0.00 1,800.00 2,300.00 1,300.00 1,300.00 400.00 400.00 100.00 100.00 3,300.00 3,300.00 1,300.00 1,200.00 21,300.00 28,500.00 22,200.00 17,300.00 100.00 100.00 14,000.00 14,100.00 3,800.00 3,800.00 200.00 200.00 600.00 600.00 SUPPLIES AND SERVICES 86,684.18 64,995.88 78,000.00 80,800.00 MISCELLANEOUS EXPENSE 6740 - EQUIPMENT 6745 - SOFTWARE CAPITAL OUTLAY 6836 - SBITA INTEREST PAYMENT 6831 - SBITA PRINICPAL PAYMENT DEBT SERVICE 0.00 61,553.75 0.00 61, 553.75 0.00 0.00 0.00 0.00 36,620.33 36,620.33 735.89 17,587.05 0.00 18,322.94 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 Total 13 - CITY CLERK 514,431.68 605,908.37 480,700.00 633,900.00 194 44 PlikA SHaKOPFF Division: Finance Category: General Government 2026 Annual Budget Description of Services: The major activities of the Finance Department encompass accounts payable, cash and investment management, accounts receivable, financial reports, special assessments, debt service management and oversight, insurance, annual financial report, budget preparation, and long-term financial planning. As the economic development of the area continues to expand, the coordination of the potential projects, requests for business subsidies, review and impact of tax increment financing and tax abatements also flow through this department. Finance is responsible for the oversight and review of the Internal Service funds which allows for a consistent funding source to meet the needs of a growing staff and community. Employees: 2023 2024 2025 2026 Finance Director 1 1 1 1 Accounting Manager Accounting Specialist Accounting Clerk 1 1 1 1 1 1 1 1 1 1 1 1 Total 4 4 4 4 Accomplishments: ✓ Maintained Standard & Poors city's AA+ bond rating. ✓ Updated the city's financial management policies ✓ Updated five-year capital improvement plan, long-term financial plan, and 20 -year equipment replacement schedule. ✓ Award winning financial transparency tools (Budget Board, Taxpayer Receipt), marketed through the city website, social media and taxpayer receipt video. In 2024, received honorable mention in the National GFOA's fiscal fluency challenge, League of MN Cities City of Excellence Award, and ICMA's Voice of the People Award in Excellence in Budget & Finance. Goals/Challenges: • Maintain fiscal stability and keep tax rates low. • Keep up with the need of the growing community both in residential, commercial and industrial areas. • Continue to review and analyze internal service funds to ensure long-term sustainability of the city's assets while maintaining moderate annual tax impacts. • Review of state law changes and analyzation of their impacts on operations and finances. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Number of Checks Issued 3,532 3,670 3,300 3,500 Number of ACHs Issued 1,623 2,691 2,700 2,900 Pcards Processed 403,043 446,520 500,000 510,000 Average Days to Process Invoices Rate of Return on Cash/Investments 13.7 16.5 16.5 16.5 2.39% 2.86% 3.10% 3.25% 195 45 2026 Annual Budget Division: 15- FINANCE Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 15 - FINANCE 6002 - WAGES 6005 - OVERTIME -FT WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 395,948.06 414,638.36 438,200.00 463,000.00 0.00 0.00 800.00 800.00 395,948.06 414,638.36 439,000.00 463,800.00 30,634.25 31,705.40 32,900.00 34,800.00 29,425.41 30,332.83 33,600.00 35,500.00 53,954.52 62,373.45 74,600.00 68,400.00 0.00 0.00 0.00 2,000.00 2,160.00 2,160.00 2,200.00 2,200.00 1,043.38 1,061.88 1,100.00 1,200.00 1,915.20 1,795.50 2,200.00 2,200.00 2,636.67 2,059.42 2,800.00 1,600.00 12,163.28 22,661.95 7,900.00 8,300.00 BENEFITS 133, 932.71 154,150.43 157, 300.00 156, 200.00 WAGES & BENEFITS 6202 - SUPPLIES 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 529,880.77 1,521.62 0.00 1,701.50 387,862.74 2,039.85 682.40 3,097.96 0.00 2,300.00 99,101.25 11,900.04 544.38 17,700.00 4,556.91 39.43 585.00 0.00 568,788.79 1,812.79 0.00 2,296.50 398,507.66 2,112.33 644.15 3,256.61 80.04 1,900.00 102,399.39 11,300.04 0.00 16,599.96 4,129.76 495.19 687.00 93.02 596,300.00 2,000.00 0.00 1,200.00 414,900.00 2,600.00 800.00 2,600.00 0.00 2,000.00 110,150.00 10,200.00 0.00 16,000.00 7,000.00 500.00 700.00 0.00 620,000.00 2,000.00 0.00 1,600.00 437,900.00 2,600.00 800.00 3,300.00 0.00 1,800.00 120,350.00 11,400.00 0.00 16,100.00 7,000.00 600.00 700.00 0.00 SUPPLIES AND SERVICES 6650 - CREDIT CARD FEES 6660 - BANK FEES- NSF FEE 6661 - CASH SHORT 533,633.08 (361.97) 0.00 0.00 546, 314.44 (2,000.74) (30.00) (0.05) 570,650.00 0.00 0.00 0.00 606,150.00 0.00 0.00 0.00 MISCELLANEOUS EXPENSE 6745 - SOFTWARE (361.97) 0.00 (2,030.79) 8,354.78 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 6836 - SBITA INTEREST PAYMENT 6831 - SBITA PRINICPAL PAYMENT DEBT SERVICE 0.00 0.00 0.00 0.00 8,354.78 209.34 2,706.66 2,916.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total 15 - FINANCE 1,063,151.88 1,124,343.22 1,166,950.00 1,226,150.00 196 46 PDlikA SHaKOPFF Division: Planning & Development Category: General Government 2026 Annual Budget Description of Services: Provide efficient and inclusive planning and management for the city's ongoing development in concert with the City Council and various boards and commissions. This includes providing land use, zoning, and related information to the city's residents, businesses, city clients and other units of government. Planning staff prepare and update the city's Comprehensive Plan as well as other special planning studies; provide planning and design services for the placement and improvements to the city's park system; staff also serve as liaisons to the City Council, Planning Commission, and Board of Adjustments and Appeals. Employees: 2023 2024 2025 2026 Director of Planning & Development Senior Planner 0.4 0.4 0.4 0.4 3 3 3 3 Planner 1 1 1 1 Total 4.4 4.4 4.4 4.4 Accomplishments: ✓ The city annexed additional land to complete the Windermere area and the proposed park while allowing for the future completion of 17th Avenue and its connection to CH 69. ✓ David Weekly Homes acquired the remaining lots in Summerland. ✓ DR Horton's Highview Park continued to expand and completed its fifth phase, nearing its 601 planned homes. ✓ The Hauer Farm site on Valley View now called Arbor Bluff completed more than half of the 196 homes. ✓ Bluff View by DR Horton in the West End was approved for 247 homes with 131 in the first phase. ✓ Pulte Home started construction on the first of 83 homes approved in Palomino Trails adjacent to Bluff View. ✓ Countryside 3rd was approved for an additional 17 homes. ✓ Staff approved a number of projects at Canterbury including the new headquarters for Danny's Construction. ✓ Worked through the courts to demolish a blighted property on Jennifer Lane along with the removal of fallen trees and abandoned vehicles. ✓ Modified city code to allow for dog related home businesses to be allowed as a home occupation. ✓ Worked with the Scott County CDA to develop a repair program for qualified homes in the city of Shakopee using the city's Local Affordable Housing Aid from sales tax funds from the State. Goals/Challenges: • Growing community with expected 60,000 residents by 2040 with much of that growth occurring in land being annexed from Jackson Township Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Number of Case Files 78 77 75 80 197 47 2026 Annual Budget Division: 17- PLANNING & DEVELOPMENT Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 17 - PLANNING & DEVELOPMENT 6002 - WAGES WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 370,161.07 453,222.41 481,100.00 516,800.00 370,161.07 453,222.41 481,100.00 516,800.00 28,741.51 34,920.48 36,100.00 38,800.00 28,126.65 33,809.25 36,800.00 39,500.00 32,103.36 44,364.87 80,500.00 69,400.00 0.00 0.00 0.00 2,700.00 2,016.00 2,376.01 2,700.00 2,700.00 970.41 1,233.19 1,500.00 1,600.00 1,748.10 2,107.20 2,700.00 2,700.00 2,476.70 2,266.76 3,800.00 2,200.00 9,405.28 17,851.84 10,500.00 11,300.00 BENEFITS 105, 588.01 138, 929.60 174, 600.00 170, 900.00 WAGES & BENEFITS 6202 - SUPPLIES 6213 - MEETINGS 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6351 - INSURANCE PREMIUM (IS FUND) 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 475,749.08 592,152.01 655,700.00 687,700.00 1,229.00 605.44 1,000.00 500.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 24,701.79 11,249.80 12,000.00 20,000.00 0.00 0.00 0.00 0.00 25,258.35 131,094.65 30,600.00 130,000.00 1,148.16 1,597.32 1,200.00 1,200.00 82.40 429.14 200.00 350.00 4,237.15 3,872.28 2,000.00 2,500.00 1,900.00 1,500.00 1,600.00 1,600.00 11,615.05 16,454.03 18,540.00 20,700.00 16, 800.00 18, 999.96 18, 800.00 14, 300.00 306.42 0.00 400.00 0.00 19,400.04 18,200.04 17,600.00 17,700.00 3,434.22 3,074.58 4,000.00 4,000.00 0.00 25.05 100.00 100.00 1,916.00 2,379.48 1,800.00 1,800.00 99.95 167.95 0.00 0.00 SUPPLIES AND SERVICES 112,128.53 209,649.72 109,840.00 214,750.00 DEPRECIATION 0.00 0.00 0.00 0.00 MISCELLANEOUS EXPENSE 6740 - EQUIPMENT 0.00 0.00 0.00 9,503.21 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 0.00 9,503.21 0.00 0.00 Total 17 - PLANNING & DEVELOPMENT 587,877.61 811,304.94 765,540.00 902,450.00 198 48 PIIIIIIII Division: Facilities SHAKOPEF. Category: General Government 2026 Annual Budget Description of Services: The Facilities Division budget provides for the safe and effective operation of city -owned facilities including City Hall, Police Station, Public Works, 500 Gorman Street, two Fire Stations, and the Library. Operating costs for these buildings, as well as staff time, are charged to the respective division budgets. Employees: 2023 2024 2025 2026 Facilities Maintenance Supervisor Facilities Maintenance Worker 1 1 1 1 1 1 1 1 Total 2 2 2 2 Accomplishments: ✓ Made significant strides toward finishing LED light conversions. ✓ Updated cellular dialers and fire panels to ensure safety and monitoring of city facilities. Goals/Challenges: • Keep all buildings running smoothly as they continue to age. • Begin implementation of asset management software to better track and forecast replacement schedules. • Fire Station 2 renovation. • Long-term planning for Police Department and 500 Gorman Street facilities. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Square Feet of Building Maintained 50,940 50,940 50,940 50,940 199 49 2026 Annual Budget Division: 18- FACILITIES Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 18 - FACILITIES 6002 - WAGES 6005 - OVERTIME -FT WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 140,459.14 151,201.08 159,400.00 171,500.00 1,080.34 2,123.61 1,500.00 1,500.00 141, 539.48 153, 324.69 160, 900.00 173, 000.00 10,615.48 11,499.43 12,100.00 13,000.00 9,297.64 10,645.39 12,300.00 13,200.00 37,429.84 39,879.25 45,400.00 49,000.00 0.00 0.00 0.00 800.00 1,103.29 1,093.26 1,100.00 1,100.00 414.22 445.07 400.00 500.00 974.21 967.92 1,100.00 1,100.00 10,417.52 8,429.20 11,800.00 6,000.00 (3,600.66) 1,772.81 2,900.00 3,100.00 BENEFITS 66,651.54 74,732.33 87,100.00 87,800.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6315 - BUILDING REPAIRS & MAINTENANCE 6326 - CLEANING SERVICES 6327 - PROFESSIONAL SERVICES 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 208,191.02 228,057.02 248,000.00 260,800.00 2,885.62 10,488.22 8,500.00 8,500.00 0.00 4,485.17 0.00 0.00 953.95 960.63 800.00 800.00 756.83 950.78 0.00 0.00 1,933.61 2,042.01 2,100.00 2,200.00 16, 342.92 985.79 1,800.00 1,800.00 129,970.78 47,300.39 112,300.00 62,000.00 57,954.67 60,604.39 77,100.00 77,100.00 1,449.92 871.47 500.00 500.00 3,185.77 3,980.84 4,000.00 4,000.00 1,569.08 1,183.39 100.00 100.00 0.00 0.00 0.00 0.00 17,200.00 14,900.00 15,700.00 14,400.00 81,408.67 76,781.27 76,700.00 80,000.00 287.36 388.15 200.00 500.00 26,695.09 23,525.24 27,600.00 28,400.00 273.89 378.80 300.00 400.00 1,287.82 1,324.25 1,300.00 1,400.00 0.00 0.00 0.00 0.00 6,099.96 8,700.00 5,800.00 8,900.00 15,000.00 17,700.00 15,200.00 20,000.00 96,900.00 97,200.00 95,900.00 94,400.00 385.00 80.00 200.00 200.00 0.00 0.00 200.00 200.00 0.00 0.00 0.00 0.00 SUPPLIES AND SERVICES 462,540.94 374,830.79 446,300.00 405,800.00 MISCELLANEOUS EXPENSE 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 0.00 0.00 0.00 0.00 Total 18 - FACILITIES 670,731.96 602,887.81 694,300.00 666,600.00 200 50 BLANK 201 51 2026 Annual Budget General Fund: Public Safety The Public Safety division comprises 49.8% of the General Fund Expenditures. It includes the following divisions: • Police • Fire • Building Inspections Mayor & Council City Administrator Police Chief Fire Chief Director of Planning & Development Captain (Services Division) Administrative Assistant Captain (Operations Division) Deputy Chief Supervisor (Police Records) Sergeant (Investigation Commander) Police Records Technician Police Records Specialist Receptionist Investigator Investigative Assistant Victim & Community Services Coordinator Task Force Officer Sergeant Police Evidence Technician Sergeant (Administrative) Sergeant (Beat One) Sergeant (Beat Two) Sergeant (Beat Three) Administrative Assistant Fire Marshal Captain Deputy Chief PT Lieutenant Building Official `{ Permit Coordinator Building Inspector Rental Housing Inspector Administrative Assistant Crime Prevention Specialist School Resource Officer Community Service Officer (CSO) Code Compliance Specialist Patrol Officer Patrol Officer Patrol Officer Fire Inspector Fire Fighter (Full - Time) Fire Fighter (Part - Time) 202 52 PlikA SHaKOPFF Division: Police Category: Public Safety 2026 Annual Budget Description of Services: It is the mission of the Shakopee Police Department to provide service with integrity and professionalism, to protect citizens through enforcement of the law and to work in partnership with our community to enhance the quality of life in the City of Shakopee. The primary services of the Police Department are heavily focused on safety. This includes the prevention of crimes and hazards through education and citizen involvement; the timely response to life threatening, hazardous, suspicious, or in progress criminal activity; followed by the investigation of these events to prevent their recurrence, seek prosecution, and reassure the community of its safety. Employees: 2023 2024 2025 2026 Police Chief 1 1 1 1 Police Captain Sergeant Investigator School Resource Officer 2 2 2 2 9 9 9 9 5 5 5 5 3 3 3 3 Proactive Policing Unit Officer Patrol Officer 2 2 2 2 28 30 30 30 Police Records Supervisor Police Records Technician 1 1 1 1 2 2 2 2 Police Records Specialist Victim & Community Services Coordinator Community Service Officer (CSO) Police Evidence Technician 2 2 2 2 1 1 1 1 1 1 1 1 0.5 0.5 0.5 0.5 Crime Prevention Specialist Investigative Assistant Code Compliance Specialist Administrative Assistant 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 Receptionist 1 1 1 1 Total 62.5 64.5 64.5 64.5 Accomplishments: ✓ The only Police Department in the country recognized with both the Leadership in Community Policing and Excellence in Victim Services awards from the International Association of Chiefs of Police (IACP). ✓ 2019 FBI National Academy Science and Innovation Award. ✓ 2019 League of Minnesota Cities City of Excellence Award. ✓ Our Proactive Policing Unit continues to be instrumental in advancing complex investigations that patrol officers cannot complete because of call responses. They continue to have a heavy impact on our clearance rates. ✓ In 2023, we were awarded the Law Enforcement mental health and wellness grant, one of our Detectives received the 2023 Tri-County Law Enforcement Associations Investigator of the year award, and our victim services coordinator was given the Radical Vision Award by the Sexual Violence Center. ✓ In 2024 Shakopee had the lowest reported crime rate in 30 years, creating a very safe community for our citizens. ✓ Victim Services received the Ed Stout Memorial Award, receiving congressional recognition. ✓ In 2024 the agency began a partnership with TSR Injury Law to further enhance our Sober Ride Home Program. 203 53 Goals/Challenges: • It's easy to say our goal is to keep people in Shakopee safe. While certainly true, our goal is also to exceed your expectation and be known as the best police department in Minnesota. • Shakopee is home to many large entertainment venues. These attractions bring millions of people to our city every year and help make Shakopee the great city it is. That said, these attractions also add to the significant workload our department has. In 2025 we will be adding an amphitheater to the entertainment options in the city. Over 70% of people arrested here are not from Shakopee. • Recruitment and retention issues continue to exist in policing; we continue to adapt and maintain our authorized staffing level. • The department collected data related to mental health related calls for service and found that our Officer's spent 777.183 hours in 2024 on these calls. The average time spent on a mental health related call per officer is 34.6 minutes. The department responded to 502 mental health related calls in 2024. Officers made 87 referrals to our embedded social worker. This data is indicative of the impact this program has had on our community. Performance Measures: Actual Actual Projected 2023 2024 2025 Calls for Services 22,358 22,661 22,870 Crimes (FBI classified Part 1 crimes) Shakopee Crime Rate (Per 100,000 people) DWI Arrests 257 251 300 652 596 600 4.43 4.00 4.00 Ordinance Calls 2,031 2,081 2100 Percent of Crimes Cleared 44% 55% 55% Sworn Officers (budgeted) 52 52 52 Gun Permits 341 322 330 204 54 2026 Annual Budget Division: 31- POLICE DEPARTMENT Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 31 - POLICE DEPARTMENT 6002 - WAGES 6005 - OVERTIME -FT 6010 - PREMIUM PAY 6015 - WAGES - PART TIME/TEMP 5,975,962.85 414,899.21 2,455.50 28,967.36 6,536,335.10 505,153.40 4,353.18 47,824.21 7,079,800.00 544,100.00 12,000.00 39,400.00 7,595,900.00 695,900.00 12,000.00 43,000.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6160 - UNEMPLOYMENT 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6186 - PENSION EXPENSE 6,422,284.92 1,042,047.48 135,876.37 706,461.21 0.00 33,231.61 16,717.77 27,246.78 0.00 460,965.05 238,718.12 23,004.00 7,093,665.89 1,150,621.31 148,584.11 788,825.10 0.00 32,984.49 16,552.61 26,539.67 13, 042.46 380,666.34 385,570.85 204,558.00 7,675,300.00 1,262,900.00 168,000.00 1,003,000.00 0.00 34,600.00 18,600.00 34,600.00 0.00 525,400.00 127,500.00 90,000.00 8,346,800.00 1,375,300.00 181,800.00 1,127,500.00 33,500.00 34,600.00 19,700.00 34,600.00 0.00 441,400.00 136,700.00 90,000.00 BENEFITS 2,684,268.39 3,147, 944.94 3,264,600.00 3,475,100.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6315 - BUILDING REPAIRS & MAINTENANCE 6326 - CLEANING SERVICES 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6435 - OTHER RENT 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 9,106,553.31 105,804.89 809.00 35,391.43 3,017.98 117,902.06 49,035.04 368,969.50 12,573.70 25,374.00 103,485.15 1,176.45 35,214.40 13,089.17 7,070.08 158,300.00 45,229.46 5,035.76 13,908.71 706.93 1,064.69 89,555.57 157,300.08 546.98 270,500.04 121,899.96 0.00 57,962.29 0.00 10,241,610.83 82,935.21 0.00 34,960.11 2,221.46 110,869.84 94,655.55 420,426.42 33,663.13 26,145.64 160,829.56 2,011.30 30,738.09 14,512.26 11,488.26 131,500.00 43,806.24 3,544.05 12,290.62 786.62 1,094.88 63,626.89 157,299.96 7,073.60 297,900.00 121,899.96 320.15 87,127.14 427.19 10,939,900.00 127,930.00 0.00 15,000.00 2,000.00 134,200.00 36,000.00 463,000.00 4,000.00 30,000.00 101,000.00 2,000.00 36,000.00 14,500.00 7,000.00 138,100.00 45,100.00 4,200.00 17,300.00 600.00 1,100.00 123,260.00 160,100.00 4,000.00 314,700.00 118,300.00 0.00 50,500.00 200.00 11,821,900.00 242,600.00 0.00 20,000.00 2,000.00 140,400.00 46,000.00 505,700.00 35,000.00 30,000.00 336,000.00 2,500.00 36,000.00 14,500.00 7,000.00 136,900.00 46,000.00 3,600.00 13,000.00 800.00 1,100.00 74,180.00 174,000.00 4,000.00 315,400.00 117,200.00 0.00 75,300.00 X205) 55 2026 Annual Budget Division: 31- POLICE DEPARTMENT Object Account 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS SUPPLIES AND SERVICES Actual 2023 45,815.61 1,502.54 Actual 2024 1,848,241.47 51,037.73 908.48 2,006,100.34 Budget 2025 55,000.00 4,000.00 2,009,090.00 Requested Budget 2026 58,000.00 1,000.00 2,438,380.00 MISCELLANEOUS EXPENSE 6740 - EQUIPMENT 6745 - SOFTWARE CAPITAL OUTLAY 6835 - LEASE INTEREST PAYMENT 6836 - SBITA INTEREST PAYMENT 6830 - CAPITAL LEASE PAYMENT 6831 - SBITA PRINICPAL PAYMENT 0.00 0.00 0.00 43,171.98 60,625.57 25,000.00 14,140.06 25,497.45 0.00 57,312.04 86,123.02 25,000.00 25.72 301.21 0.00 464.91 245.47 0.00 88.28 19,282.79 0.00 7,069.47 7,698.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 DEBT SERVICE 7,648.38 27,527.89 0.00 0.00 Total 31 - POLICE DEPARTMENT 11,019,755.20 12,361,362.08 12,973,990.00 14,260,280.00 206 56 PlikA SHaKOPFF Division: Fire Category: Public Safety 2026 Annual Budget Description of Services: The Shakopee Fire Department provides a comprehensive range of emergency services, including fire suppression, emergency medical services (EMS), and technical rescue operations. The department is staffed by a combination of full-time and part-time personnel and primarily operates out of Station 1. Station 2, while currently unstaffed, remains available to support operations as needed. • Station 1 — Centrally located, this facility houses Fire Department Administration, as well as full-time and part- time staff. It serves as the department's primary operational hub. • Station 2 — Located on the city's west side, this station is unstaffed but maintained for support and future deployment needs. The department is organized into four primary divisions: • Administration Division : Oversees compliance with state and federal mandates, manages hiring and personnel, coordinates scheduling and payroll, develops policies, and manages the annual budget. • Operations Division : Ensures readiness for fire, EMS, technical rescue, and hazardous materials incidents. This division also manages apparatus, equipment, facilities, and daily operations. • Training Division : Ensures all personnel meet local, state, and federal training requirements for certification and licensing. It also evaluates new technologies and best practices for emergency response. • Prevention Division : Focuses on community risk reduction through plan and site reviews, inspections of commercial and high -risk facilities, and coordination of fire prevention and public outreach events. Employees: 2023 2024 2025 2026 Fire Chief 1 1 1 1 Deputy Chief Assistant Chief O 2 2 2 1 0 0 0 Fire Marshal 1 1 1 1 Battalion Chief 3* 0 0 0 Fire Captain - Administration Fire Captain Fire Inspector Full-time Firefighters Administrative Assistant 1 0 0 0 0 3 3 3 O 0 1 1 4 6 6 6 O 1 1 1 Total Full-time Staff 11 14 15 15 Part -Time Firefighters/Paid On -Call Firefighters** Total Staff (Full -Time, Part-Time/Paid On -Call) 46 25 25 25 57 39 40 40 *Staff not hired in 2023 ** In 2024, the designation was changed from 'Paid On -Call Firefighters' to 'Part -Time Firefighters.' Accomplishments: ✓ Formed internal committees to boost engagement, collaboration, and shared ownership resulting in improved morale and communication. ✓ Built strong internal and external partnerships that improved coordination, resource sharing, and community - focused service delivery. ✓ Created a dedicated Fire Inspector role to enhance fire prevention, code compliance, and community engagement —freeing up operational staff for emergency response. ✓ Transitioned the department's records system to a modern, unified platform improving operations, data access, and user experience. 207 57 ✓ Updated the Incident Command System to standardize and improve incident management across the department. ✓ Launched planning, budgeting, and design for the Station 2 remodel, including facility assessments and early architectural concepts. Goals/Challenges: • Strategic Planning and Governance • Develop a comprehensive strategic plan to establish long-term goals and guide the department's growth, operations, and service delivery. • Adopt performance measures (e.g., station distribution, response force capabilities). • Service Expansion • Transition EMS first response responsibilities to the Fire Department. • Transfer Emergency Management role and responsibilities to the Fire Department. • Evaluate and Improve Fire Station Infrastructure • Continue assessing fire station needs to align with the department's evolving demands and staffing model. • Implement additional remodel phases at Station 1 to address safety, operational efficiency, and expanded staff support areas. • Explore additional remodel phases of Station 2 to address the future needs of 24 -hour staffing. • Explore future fire station locations. • Enhance Staffing and Leadership Development • Identify and develop future leaders to ensure operational continuity amid anticipated retirements and organizational growth. • Address staffing needs to support 24 -hour operations, particularly in Shakopee's fastest -growing areas, improving response times, command presence, and overall service delivery. • Strengthen Operational Readiness and Resource Allocation • Ensure personnel, equipment, and resources are effectively deployed to meet community needs, maintain adequate response times, and ensure appropriate on -scene staffing. • Modernize Procedures and Technology • Update operating procedures to improve efficiency, reduce risk, enhance decision -making, and increase customer satisfaction. - Explore and adopt new technologies to enhance operations and provide real-time performance data. • Foster Organizational Culture and Collaboration - Continue building a strong organizational culture by enhancing training programs, supporting staff development, and fostering collaboration across teams and partner agencies. • Promote Health & Wellness Initiatives • Support firefighter mental and physical health through wellness programs, peer support, and access to resources that promote long-term well-being and resilience. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Fire District Population Calls for Service 48,999 49,400 49,850 50,000 1,728 1,938 2,100 2.100 Public Education Events 47 20 40 50 Plan Reviews 516 412 350 325 Fire Inspections Training (hrs.) 716 714 725 675 7,059 4,819 7,000 5,000 208 58 Pik Division: Fire SHAKOPEE Category: Public Safety Staffing for Adequate Fire and Emergency Response Grant Award (SAFER) 2026 Annual Budget The City was awarded a federal SAFER grant in October 2025 to hire twelve new full-time firefighters beginning March 2026. The total grant award is $2.63 million over a three-year period and required a progressive match from the city: 25% in year 1, 25% in year 2 and 65% in year 3. City Council approved a budget amendment to assign fund balance to cover the 2026 cost to the City. Since the grant was awarded after the preliminary levy and budget was adopted, the additional costs and staff have not been reflected in this budget document. The funding, provided in part by the Department of Homeland Security, will allow the Shakopee Fire Department to expand coverage, improve response times, and staff Fire Station 2 with full- time personnel for the first time. Why It Matters • Faster Response Times: With more full-time fire staff and two fully -staffed stations, emergency response for medical and fire calls will be faster across Shakopee. • Improved Staff Safety: More staff means safer operations for firefighters and better outcomes for community members. • Long -Term Planning: The grant funding helps the City grow the Fire Department incrementally and sustainably to meet the needs of a growing community without overburdening taxpayers. • Increased Capacity: Since 2018, the department's annual call volume has more than doubled (from 910 calls in 2018 to 1,938 calls in 2024), while staffing has decreased. More staff means an increased capacity to effectively manage this volume of calls. INCIDENTS AND STAFFING BY YEAR 2200 54 54 54 54 �- 55 2000 1800 1600 1,938 50 45 I,/31_! 1,728 40 , 1400 c °J 1200 `o a 1000 1,544 35 Z c 30 c 1R 1,146 a g Z 800 600 910 957 25 vi y 20 15 400 10 200 5 0 2018 2019 2020 2021 Incidents 0 2022 2023 2024 Staff In 2024, the department saw a 12.15% increase of incidents with a 27% decrease in staffing. 209 59 2026 Annual Budget Division: 32- FIRE Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 32 - FIRE 6002 - WAGES 6005 - OVERTIME -FT 6010 - PREMIUM PAY 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP 783,876.87 980,876.15 1,472,600.00 1,643,400.00 38,507.51 102,568.58 111,500.00 125,100.00 0.00 11,458.02 0.00 0.00 703,874.78 611,144.58 439,200.00 503,600.00 9,208.54 6,780.94 13,500.00 13,500.00 WAGES 6122-PERA 6124 - FICA 6135 -HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 -DENTAL 6160 - UNEMPLOYMENT 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 1,535,467.70 1,712,828.27 2,036,800.00 2,285,600.00 125,371.15 234,453.32 360,500.00 395,400.00 21,740.85 26,728.78 29,500.00 38,800.00 86,004.30 126,554.03 247,500.00 231,400.00 0.00 0.00 0.00 8,000.00 3,772.13 5,508.42 7,800.00 8,100.00 1,877.62 2,532.48 4,000.00 4,300.00 2,856.31 3,687.15 7,800.00 8,100.00 0.00 312.08 0.00 0.00 111,156.06 105,826.29 157,500.00 134,100.00 36,367.57 114,724.98 26,600.00 29,600.00 BENEFITS 389,145.99 620,327.53 841,200.00 857,800.00 WAGES & BENEFITS 1,924,613.69 2,333,155.80 2,878,000.00 3,143,400.00 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 103,611.39 2,820.55 93,087.05 3,515.85 0.00 29,438.33 106,465.18 490.00 14,202.29 33,346.43 4,441.63 5,358.79 3,138.16 9,800.86 20,800.00 51,211.59 3,558.86 24,583.70 637.26 2,103.51 19,931.55 88,800.00 80.29 392,799.96 140,300.04 85,765.18 0.00 34,773.30 614.06 58,932.36 4,832.22 90,236.19 1,674.09 332.41 23,050.74 80, 310.94 565.00 48,052.91 39,061.35 319.78 4,318.24 2,839.13 9,494.40 17,800.00 48,271.66 3,088.85 20,717.76 594.83 2,163.08 39,529.00 91,599.96 76.32 481,200.00 145,500.00 79,221.49 0.00 34,263.32 424.96 95,000.00 5,000.00 79,000.00 3,200.00 0.00 31,000.00 68,000.00 500.00 28,000.00 33,000.00 1,800.00 5,200.00 2,800.00 9,500.00 18,700.00 52,300.00 3,000.00 25,400.00 700.00 2,100.00 40,500.00 88,900.00 8,100.00 636,800.00 148,700.00 71,500.00 500.00 35,000.00 900.00 113, 800.00 15, 000.00 113, 300.00 3,500.00 0.00 27, 000.00 79, 700.00 500.00 34, 300.00 35, 600.00 1,000.00 5,200.00 2,800.00 9,500.00 18, 600.00 53, 000.00 3,000.00 24, 000.00 1,500.00 2,200.00 40, 500.00 95,200.00 8,400.00 728,100.00 160, 800.00 89, 600.00 500.00 35, 900.00 1,800.00 SUPPLIES AND SERVICES 1,275,675.81 6630 - PAYMENT TO FIRE RELIEF 6650 - CREDIT CARD FEES MISCELLANEOUS EXPENSE 6740 - EQUIPMENT 393,069.29 0.11 1,328,470.99 551,925.36 0.00 393,069.40 551,925.36 60,927.76 0.00 1,495,100.00 0.00 0.00 1,704,300.00 0.00 0.00 0.00 0.00 75,000.00 0.00 CAPITAL OUTLAY 6835 - LEASE INTEREST PAYMENT 6830 - CAPITAL LEASE PAYMENT DEBT SERVICE 60,927.76 0.00 2,228.87 5,823.13 75,000.00 0.00 1,591.63 0.00 6,460.37 0.00 8,052.00 8,052.00 0.00 0.00 0.00 0.00 210 Total 32 - FIRE 3,662,338.66 4,221,604.15 4,448,100.00 4,847,700.00 60 2026 Annual Budget SHaKOPFF Division: Building Inspections Category: Public Safety Description of Services: Provide effective and timely review of building permits and other building related applications and inspections for the City's constituents and outside parties. Employees: 2023 2024 2025 2026 Director of Planning & Development Building Official Building Inspector Rental Housing Inspector Permit Coordinator 0.1 0.1 0.1 0.1 1 1 1 1 4 4 5 6 1 1 1 1 2 2 2 2 Administrative Assistant 1 1 1 1 Total 9.1 9.1 10.1 11.1 Accomplishments: ✓ The city's permitting system continues to improve and staff has worked to make it the go -to -use source including issuing the new Social District permits and cup sales. ✓ Canterbury continues to be very busy with the continued construction at the amphitheater, opening of the Boardwalk and new headquarters for Danny's Construction. ✓ New subdivisions continue to keep staff busy with Lennar's Arbor Bluff, two new subdivisions by DR Horton and Pulte adjacent to Windermere and DR Horton's continued home building in Highview. ✓ The city's rental program continues to grow with hundreds of properties being notified that they were not in compliance and hundreds of inspections of rental properties. ✓ Staff also began the licensing process for hotel properties under a new licensing program. ✓ Council also approved a new licensing program for short term rental properties that includes inspections. ✓ A Master Plumber was added to inspection staff to assist in the field with plumbing reviews and inspections. Goals/Challenges: • Ensure residents are safe in their buildings while also providing great customer service with timely inspections • Single family home production continued strong for 2025 despite rising interest rates Performance Measures: Actual 2023 Actual Projected 2024 2025 Projected 2026 Number of Inspections Number of Permits 15,892 16,279 15,000 18,000 7,449 7,036 7,000 8,000 Average Inspection/Employee 2,648 2,713 1,917 2,000 211 61 2026 Annual Budget Division: 33- BUILDING INSPECTIONS Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 33 - BUILDING INSPECTIONS 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 817,784.95 977,845.27 57.33 850.70 837.50 0.00 1,031,900.00 0.00 0.00 1,178,500.00 0.00 0.00 WAGES 6122-PERA 6124 - FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 818,679.78 978,695.97 61,850.08 73,511.37 57,840.37 68,784.57 120, 377.38 162, 759.51 0.00 0.00 4,896.28 5,560.68 2,247.25 2,685.43 3,470.44 4,412.41 7,452.73 7,579.63 19,470.37 32,504.36 1,031,900.00 77,700.00 78,700.00 195,100.00 0.00 5,400.00 2,600.00 5,400.00 7,700.00 17,400.00 1,178, 500.00 88,400.00 90,100.00 200,400.00 4,900.00 5,900.00 3,000.00 5,900.00 7,000.00 20,200.00 BENEFITS 277,604.90 357,797.96 390,000.00 425,800.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 1,096,284.68 2,033.57 1,266.68 3,490.85 863.50 4,255.83 2,581.20 412.00 0.00 46,830.14 324.05 3,182.99 105.00 5,155.28 5,100.00 2,260.54 256,108.69 27,900.00 78.81 14, 799.96 35, 799.96 12,456.13 0.00 532.95 532.68 1,336,493.93 2,297.92 3,368.05 3,012.34 12.95 4,035.09 3,479.02 1,457.50 0.00 4,538.66 53.07 3,925.76 1,216.00 5,521.38 4,400.00 3,106.18 278,560.72 32,700.00 0.00 15,399.96 37,700.04 15,367.78 218.72 860.00 187.50 1,421,900.00 2,500.00 1,500.00 2,500.00 100.00 4,400.00 5,600.00 0.00 0.00 0.00 200.00 2,800.00 500.00 5,000.00 4,600.00 2,300.00 303,200.00 56,600.00 0.00 24,200.00 40,500.00 9,000.00 200.00 1,000.00 500.00 1,604,300.00 2,000.00 1,500.00 2,500.00 0.00 4,000.00 5,100.00 0.00 0.00 2,000.00 200.00 2,800.00 500.00 5,000.00 4,900.00 6,000.00 327,200.00 58,400.00 0.00 30,300.00 40,700.00 16,000.00 350.00 2,000.00 500.00 SUPPLIES AND SERVICES 6650 - CREDIT CARD FEES 6660 - BANK FEES- NSF FEE 6661 - CASH SHORT 426,070.81 178, 580.18 (270.00) (0.01) 178,310.17 421,418.64 272,573.24 (270.00) 0.00 467,200.00 175,000.00 0.00 0.00 511,950.00 200,000.00 0.00 0.00 MISCELLANEOUS EXPENSE 272,303.24 175,000.00 200,000.00 6740 - EQUIPMENT 73,568.54 14,806.86 68,000.00 0.00 CAPITAL OUTLAY 73, 568.54 14,806.86 68,000.00 0.00 Total 33 - BUILDING INSPECTIONS 1,774,234.20 2, 045, 022.67 2,132,100.00 212 2,316,251,.., 62 BLANK 213 63 2026 Annual Budget General Fund: Public Works The Public Works division comprises 20.4% of the General Fund Expenditures. It includes the following divisions: • Engineering • Street Maintenance • Fleet • Park Maintenance Mayor & Council City Administrator City Engineer Public Works Director Project Coordinator Assistant City GIS Engineer Coordinator Project Engineer Water Water Resource- Resources - Environmental Environmental Manager Technician Administrative Assistant f PW Supervisor Foreperson (Street/Utility) (Street/Utility) Administrative Assistant Foreperson Mechanic PW Supervisor (Park) Mechanic Foreperson (Park) Graduate Engineer Maintenance Operator Maintenance Operator 214 64 IllilikAll Division: Engineering SHAKOPEF Category: Public Works 2026 Annual Budget Description of Services: Conduct field investigations, collect engineering data and specify the criteria for the investigations. Furnish designs, drawings, specifications, and criteria. Secure bids and oversee and inspect infrastructure construction projects. Approve, inspect, and deliver all sanitary sewer, storm sewer and roadway construction projects. Prepare all reports, studies, and plans required to preserve Municipal State Aid Funding received by the city. Manage the City's Natural Resources, including wetlands, stormwater management systems, native planting areas and woodlands. Review all public infrastructure proposed in the city, administer Wetland Conservation Act requirements, review building permits, manage public right-of-way and permitting, provide engineering assistance to other Departments, review technical engineering material, and provide engineering liaison to the City Council, other City departments, City Commissions, and Committees. Employees: 2023 2024 2025 2026 City Engineer Assistant City Engineer Project Engineer Project Coordinator Senior Engineering Technician Graduate Engineer Engineering Technician Water Resources -Environmental Manager Water Resources -Environmental Technician 1 1 1 1 2 1 0 0 1 2 2 2 1 0 0 0 0 0.2 0.2 0.2 0 0.8 0.8 0.8 GIS Coordinator 1 1 1 1 Administrative Assistant 1 1 1 1 Total 10 10 9 9 Accomplishments: ✓ Awarded several grants to fund future improvements, including; Safe Routes to School Design Assistance and Infrastructure grants, MnDOT Safe Road Zone Grant to complete a safety study along US Highway169, SS4A grant program to develop a Safety Action Plan, DNR Grants for native vegetation maintenance, MPCA Grant to develop a city-wide stormwater model and LCCMR funding to construct the Riverbank Stabilization improvements ✓ Completed first Engineering/Public Works Annual Report and supported Public Works on APWA Accredidation efforts ✓ Completed several significant improvement projects, including the second phase of the Downtown Lighting Improvements, Arbor Bluff Stream Stabilization Project , partnered with Scott County to construct a roundabout at the intersection of CH78 and CH79, completed the first full year of pavement rejuvenation as part of the City's Pavement Management Plan, activated the CSAH101 and Shenandoah Drive traffic signal, and completed a substantial number of pavement management projects including the Stagecoach Road Reconstruction and Trail Improvements ✓ Received federal approval and began the first phase of the Marystown Corridor Improvements Project ✓ Retained all full-time staff and successfully trained and developed three seasonal interns Goals/Challenges: • Provide an infrastructure system that supports the community and advances the quality of life for all. • Provide good value for public services and use the tax -payers money in a fiscally responsible manner. • Staff are consistently challenged with being experts in a wide range of tasks including infrastructure management and design, traffic safety, transportation planning, project management, natural resources, contract management, underground utilities, private development and forestry management. 215 65 Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Number of Projects Value of Projects 12,279,937 15,830,734 15,243,400 31,569,200 Number of Private Subdivision Permits Issued 6 17 16 12 4 9 7 7 Number of Private Grading Permits Issued Number of ROW Permits Issued 14 19 14 14 402 525 400 400 216 66 BLANK 217 67 2026 Annual Budget Division: 41- ENGINEERING Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 41 - ENGINEERING 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP 523,904.26 709,403.70 755,500.00 808,400.00 17,109.53 463.08 53,000.00 53,000.00 29,559.63 17,512.14 23,200.00 23,700.00 1,080.05 0.00 2,500.00 2,500.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6186 - PENSION EXPENSE 571,653.47 727,378.92 834,200.00 887,600.00 41,765.63 53,342.43 60,800.00 64,900.00 45,813.07 52,398.11 63,000.00 67,100.00 63,226.29 74,224.04 177,400.00 144,600.00 0.00 0.00 0.00 5,200.00 2,992.62 3,887.98 5,400.00 5,400.00 1,424.33 1,872.48 2,800.00 3,000.00 2,247.59 2,486.50 5,400.00 5,400.00 12,601.20 10,695.47 26,100.00 15,500.00 47,760.05 39,586.84 19,000.00 20,400.00 221.00 54,722.00 0.00 0.00 BENEFITS 218,051.78 293,215.85 359,900.00 331,500.00 WAGES & BENEFITS 6202 - SUPPLIES 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 789,705.25 32,109.81 1,074.96 300.06 3,637.87 1,035.19 2,794.50 128,628.08 0.00 93,565.63 2,269.10 6,112.94 1,548.06 1,560.19 7,200.00 15,095.70 48,800.04 605.58 16,400.04 39,699.96 6,270.77 0.00 286.50 375.00 1, 020, 594.77 5,688.79 926.83 470.28 3,343.28 2,568.58 9,394.50 214,411.68 0.00 (65,319.37) 1,700.08 5,650.92 1,301.43 1,366.60 4,600.00 15,759.60 50,499.96 0.00 24,900.00 41,400.00 7,677.52 0.00 1,030.30 108.00 1,194,100.00 1,219,100.00 7,300.00 1,500.00 300.00 4,600.00 2,300.00 5,800.00 60,000.00 0.00 3,800.00 2,500.00 7,900.00 2,500.00 1,000.00 4,800.00 16,600.00 44,100.00 0.00 20,200.00 40,100.00 9,000.00 900.00 800.00 400.00 7,200.00 1,300.00 500.00 4,300.00 3,000.00 5,400.00 230,000.00 0.00 3,800.00 2,500.00 7,900.00 3,000.00 1,300.00 4,600.00 17,600.00 45,800.00 0.00 26,200.00 36,300.00 10,000.00 900.00 800.00 200.00 SUPPLIES AND SERVICES 409,369.98 327,478.98 236,400.00 412,600.00 MISCELLANEOUS EXPENSE 6720 - ROW/EASEMENTS 0.00 5,661.84 0.00 0.00 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 5,661.84 0.00 0.00 Total 41 - ENGINEERING 1,204, 737.07 1,348,073.75 1,430,500.00 0.00 218- 1,631,i .,.,..,J 68 Division: Street Maintenance PINIllikAll SHAKOPEF_ Category: Public Works 2026 Annual Budget Description of Services: Maintain bituminous and gravel roadways/alleys, traffic signs/striping, snowplowing/ice control, street sign fabrication/installation, diseased tree prevention, boulevard tree trimming/removal/planting and manage streetlights. Employees: 2023 2024 2025 2026 Public Works Director 1 1 1 1 PW Supervisor Foreperson (PW) Maintenance Operator Administrative Assistant 1 1 1 1 1 1 1 1 5 5 5 5 1 1 1 1 Total 9 9 9 9 Accomplishments: ✓ Streets crews, the parks crews and mechanics also jump in the equipment to plow more than 253 lane -miles of streets, alleys, trails and sidewalks in addition to the many city facility parking lots when snow or ice events happen. Goals/Challenges: • Growing city which adds new streets to be maintained by the department. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Street Miles 174.1 178 180 182 Streets Seal Coated (in CL -Miles) 15.9 11.8 13.5 13 Alley Miles Alleys Paved (Miles) Number of Street Lights Streetlights replaced (Poles/Fixtures/Repaired) Number of Signs Number of Signs replaced Snowplowing Occurrences Snowplowing/Ice Control Expenses 10.3 10.3 10.3 10.3 2.4 2.4 2.4 2.4 3,281 3293 3,400 3500 23 11 17 18 5,497 5573 5,750 5850 18 28 30 30 8 2 8 8 $404,080 $216,770 $400,100 $400,000 219 69 2026 Annual Budget Division: 42- STREET MAINTENANCE Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 42 - STREET MAINTENANCE 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP 508,420.73 533,433.03 615,100.00 643,500.00 40,294.01 11,368.76 45,000.00 45,000.00 26,964.56 37,957.99 36,100.00 37,300.00 0.00 62.59 0.00 0.00 WAGES 6122 - PERA 6124 - FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 575,679.30 582,822.37 696,200.00 725,800.00 41,019.91 40,749.53 49,500.00 51,600.00 40,514.31 40,636.93 52,600.00 54,800.00 96,824.56 95,804.09 157,000.00 162,300.00 0.00 0.00 0.00 3,700.00 3,603.30 3,831.08 4,300.00 4,300.00 1,512.52 1,363.28 2,100.00 2,200.00 3,385.82 3,028.29 4,300.00 4,300.00 40,022.73 31,301.37 50,900.00 28,600.00 31, 211.16 39, 516.45 13, 600.00 14, 500.00 BENEFITS 258,094.31 256,231.02 334,300.00 326,300.00 WAGES & BENEFITS 833,773.61 839,053.39 1,030,500.00 1,052,100.00 6202 - SUPPLIES 6212- UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6315 - BUILDING REPAIRS & MAINTENANCE 6322 - PAVEMENT PRESERVATION 6326 - CLEANING SERVICES 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336- PRINTING/PUBLISHING 6338 - ADVERTISING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6367 - REFUSE 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 34,940.97 36,291.88 49,500.00 49,500.00 9,575.06 8,225.18 14,200.00 14,200.00 500.06 484.27 600.00 600.00 151,489.92 133,211.28 181,000.00 131,000.00 60,972.40 30,404.40 63,000.00 43,200.00 94,161.12 53,069.66 81,000.00 72,000.00 0.00 0.00 0.00 0.00 5,251.56 29,892.73 10,400.00 28,000.00 504,991.65 534,460.34 540,000.00 540,000.00 21,110.40 20,168.90 24,600.00 24,600.00 207, 264.99 175, 581.62 173, 500.00 175, 500.00 3.66 0.69 300.00 300.00 6,155.02 5,029.19 6,000.00 6,000.00 2,826.47 830.35 3,300.00 2,300.00 0.00 359.89 1,000.00 700.00 735.21 1,260.36 1,000.00 2,000.00 38,000.00 44,000.00 46,200.00 43,400.00 83,733.26 88,875.52 85,700.00 90,000.00 10,733.93 8,676.11 9,100.00 9,500.00 37,335.53 27,941.45 36,400.00 40,000.00 7,519.41 4,999.92 6,300.00 8,600.00 16,646.62 23,182.42 3,000.00 20,000.00 4,174.18 4,292.39 4,200.00 4,300.00 1,052.61 1,593.01 1,050.00 1,450.00 29,400.00 31,899.96 29,600.00 29,300.00 0.98 0.00 0.00 0.00 364,700.04 396,800.04 379,100.00 427,300.00 59,700.00 60,000.00 60,300.00 73,400.00 4,127.36 4,528.50 4,400.00 4,400.00 331.50 354.30 500.00 500.00 125.51 457.26 300.00 300.00 SUPPLIES AND SERVICES 6650 - CREDIT CARD FEES 1,757,559.42 1,726,871.62 1,815,550.00 1,842,350.00 0.00 0.00 0.00 0.00 MISCELLANEOUS EXPENSE 0.00 0.00 0.00 0.00 6740 - EQUIPMENT 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 0.00 0.00 0.00 0.00 Total 42 - STREET MAINTENANCE 2,591,333.03 2,565,925.01 2,846,050.00 2,894,450.00 220 70 PlikA SHaKOPFF Division: Fleet Category: Public Works 2026 Annual Budget Description of Services: Maintain vehicles/equipment in streets, parks, administration, police, fire and other fleet areas, by preparing vehicle evaluation reports for all departments. Repairs for vehicles and equipment are billed to the respective departments. The Fleet Division also operates a fueling station, a car wash, and a truck wash for government vehicles. Employees: 2023 2024 2025 2026 Foreperson Mechanic Mechanic 1 1 1 1 2 2 2 2 Total 3 3 3 3 Accomplishments: ✓ Every repair is tracked with work orders which allows us to track parts, repairs, and labor for historical data. This data is analyzed monthly along with fuel usage and car/truck washes. ✓ The city's garage runs a fuel dispensary system that provides fuel to the city's fleet, as well as Scott County, the Shakopee School District, CDA, and Shakopee Public Utilities vehicles. About 150,000 gallons of fuel are dispensed annually. ✓ GPS technology exists on all city vehicles. Goals/Challenges: • The city has nearly 400 pieces of equipment and vehicles in its inventory and that number continues to grow as the city does. • Transition of some diesel vehicles to gas due to high initial cost and high maintenance cost with emissions control devices. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Number of Vehicles/Pieces of Equipment Gallons of Diesel Used (city equip) Gallons of Unleaded Used (city equip) Car/Truck Washes 397 398 399 401 39,000 32,656 40,000 38,000 60,900 62,891 61,000 65,000 1,021 953 1,100 1100 221 71 2026 Annual Budget Division: 44- FLEET Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 44 - FLEET 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 250,184.54 276,781.18 309,500.00 309,600.00 4,687.28 2,363.04 8,600.00 8,600.00 8,741.00 8,569.90 9,800.00 10,100.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 263,612.82 287,714.12 327,900.00 328,300.00 18,980.17 21,093.44 23,800.00 23,800.00 18,826.10 21,824.64 24,800.00 25,000.00 32,904.00 16,251.68 49,200.00 46,800.00 0.00 0.00 0.00 1,600.00 1,573.10 1,741.51 2,200.00 2,200.00 682.66 771.24 900.00 900.00 1,241.85 1,091.41 2,200.00 2,200.00 14,362.08 10,846.91 16,000.00 10,700.00 (5,057.97) 10,247.59 6,200.00 6,400.00 BENEFITS 83, 511.99 83, 868.42 125, 300.00 119, 600.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6366 - SEWER 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 347,124.81 371,582.54 453,200.00 447,900.00 19,384.24 24,131.48 40,200.00 40,200.00 0.00 509.74 0.00 0.00 2,903.09 3,139.54 2,900.00 3,100.00 0.00 0.00 200.00 200.00 552.38 519.62 700.00 1,200.00 24,564.03 11,274.20 25,200.00 25,200.00 13,429.36 29,531.45 11,200.00 11,200.00 1,654.12 3,818.55 1,000.00 1,000.00 2,127.33 1,856.21 2,000.00 2,000.00 5,222.38 1,452.88 2,000.00 2,000.00 0.00 0.00 0.00 0.00 2,500.00 2,000.00 2,100.00 1,800.00 3,215.70 3,145.67 3,200.00 3,200.00 911.60 1,209.56 700.00 0.00 1,109.81 1,328.11 900.00 0.00 17,099.03 14,993.26 17,800.00 18,770.00 13,599.96 13,299.96 11,700.00 10,400.00 0.00 12,300.00 13,700.00 13,700.00 13,299.96 12,999.96 15,900.00 18,100.00 951.36 4,829.00 3,000.00 3,000.00 25.54 25.00 100.00 100.00 125.51 135.90 100.00 100.00 SUPPLIES AND SERVICES 6745 - SOFTWARE 122, 675.40 142, 500.09 154, 600.00 155, 270.00 0.00 4,683.03 0.00 0.00 CAPITAL OUTLAY 6836 - SBITA INTEREST PAYMENT 6831 - SBITA PRINICPAL PAYMENT DEBT SERVICE 0.00 4,683.03 0.00 0.00 0.00 165.00 0.00 0.00 0.00 1,595.00 0.00 0.00 0.00 1,760.00 0.00 0.00 Total 44 - FLEET 469, 800.21 520, 525.66 607, 800.00 603,121i1 72 PlikA SHaKOPFF Division: Park Maintenance Category: Public Works 2026 Annual Budget Description of Services: Provide public services to maintain the investment of infrastructure in parks and public grounds. Additionally, identify, recommend, develop, and coordinate ecologically sound development and management practices. Manage trees through pruning and the City's Emerald Ash Borer treatment program. Employees: 2023 2024 2025 2026 PW Supervisor Foreperson (PW) Maintenance Operator Environmental Engineer 1 1 1 1 2 2 2 2 9 9 9 9 0.2 0.2 0.2 0.2 Total 12.2 12.2 12.2 12.2 Accomplishments: ✓ Park crews supported numerous tournaments, sporting events, music festivals, and city -sponsored activities, drawing hundreds of teams and thousands of spectators to Shakopee. ✓ The public works team worked with engineering and planning on key projects including the new Marystown Canine Agility Park, Jackson Commons, Farmstead bike course, Scenic Heights Gaga pit, Killarney Hills playground and nature area, Miracle Field (completion expected summer 2026), and annual trail replacements and sealcoating Goals/Challenges: • The growing community, expanding parks, requires routine maintenance to keep them safe and running smoothly providing great experiences for the public. • Shakopee's ash trees remain under attack. The first case of emerald ash borer was confirmed in 2021. The city's tree stock is such a significant and valuable resource. Maintaining safe, healthy trees takes significant efforts and the city is dedicated to these efforts. Shakopee has received the "Tree City USA" designation for the past 17 years for the city's efforts and commitment to its urban forest management. Performance Measures: Actual 2023 Actual Projected 2024 2025 Projected 2026 Acres of Land Mowed 299 299 299 319 Playgrounds Outdoor Ice Rinks Maintained 31 30 31 31 8 8 8 8 Sports Fields Maintained Trees Pruned (contractor) 94 94 95 95 1,222 1,222 1,090 1,700 Ash Trees Treated 159 159 174 155 Ash Trees Removed (contractor)Trees Planted 176 176 197 40 223 73 2026 Annual Budget Division: 46- PARK MAINTENANCE Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 46 - PARK MAINTENANCE 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP 978,099.06 1,072,665.69 1,060,800.00 1,102,300.00 16,769.07 7,172.39 14,200.00 14,200.00 155,453.60 137,188.64 187,400.00 193,100.00 24.30 120.24 0.00 0.00 WAGES 6122 - PERA 6124 - FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 1,150,346.03 1,217,146.96 1,262,400.00 1,309, 600.00 74,086.02 80,546.89 80,600.00 83,700.00 81,647.25 86,496.13 96,400.00 99,900.00 113,859.50 135,541.28 151,800.00 148,900.00 0.00 0.00 0.00 5,600.00 6,569.48 6,624.87 6,500.00 6,500.00 2,656.42 2,966.79 2,900.00 3,000.00 5,634.89 5,807.28 6,500.00 6,500.00 73,358.56 58,267.12 81,100.00 56,000.00 28, 037.97 58, 931.46 18, 600.00 19, 300.00 BENEFITS 385,850.09 435,181.82 444,400.00 429,400.00 WAGES & BENEFITS 6202 - SUPPLIES 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6315 - BUILDING REPAIRS & MAINTENANCE 6322 - PAVEMENT PRESERVATION 6326 - CLEANING SERVICES 6327 - PROFESSIONAL SERVICES 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 6435 - OTHER RENT 6440 - PARK RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 1,536,196.12 1,652, 328.78 1,706,800.00 1,739, 000.00 64,539.62 58,272.44 75,000.00 10,801.07 12,358.40 11,000.00 400.06 498.86 500.00 26,600.47 46,625.34 57,000.00 40,348.67 35,429.63 46,500.00 45,570.66 40,381.06 43,700.00 15,099.88 6,703.77 38,000.00 54,782.61 65,189.52 73,000.00 0.00 0.00 0.00 311,216.92 228,119.10 230,500.00 6,432.70 6,263.67 5,700.00 313.84 308.42 500.00 420.12 420.12 500.00 65,200.00 61,000.00 64,100.00 86,715.56 87,754.39 77,500.00 36,940.24 18,559.92 30,700.00 5,337.75 4,992.81 4,500.00 638.22 845.71 500.00 15,912.88 13,831.85 16,100.00 64.80 69.60 2,000.00 23,900.04 32,900.04 30,400.00 (31.63) 0.00 0.00 212,499.96 242,900.04 225,400.00 65,400.00 72,399.96 81,800.00 14,479.32 16,492.22 20,000.00 635,900.04 659,100.00 669,100.00 3,052.78 4,587.17 3,000.00 286.50 340.30 200.00 125.51 135.90 200.00 80,000.00 11, 000.00 500.00 56,000.00 45,400.00 43,700.00 24,000.00 78,000.00 50,000.00 197,000.00 9,500.00 500.00 0.00 59,500.00 88,000.00 25,000.00 5,000.00 900.00 16, 000.00 1,910.00 30,200.00 0.00 253,200.00 90,300.00 23,600.00 709,100.00 4,000.00 300.00 200.00 SUPPLIES AND SERVICES 1,742,948.59 1,716,480.24 1,807,400.00 1,902, 810.00 MISCELLANEOUS EXPENSE 0.00 0.00 0.00 0.00 6740 - EQUIPMENT 0.00 0.00 0.00 0.00 CAPITAL OUTLAY 0.00 0.00 0.00 0.00 Total 46 - PARK MAINTENANCE 3,279,144.71 3,368,809.02 3,514,200.00 3,641,810.0 224 74 BLANK 225 75 2026 Annual Budget General Fund: Recreation The Recreation division comprises 13.9% of the General Fund Expenditures. It includes the following divisions: • Recreation Mayor & Council City Administrator Director of Parks and Recreation Assistant City Administrator , , I Recreation Manager (Programs) Recreation Manager (Facilities) Community Engagement Coordinator Building Maintenance Manager Recreation Supervisor (Aquatic) Recreation Supervisor Guest Services Supervisor Fitness Supervisor Recreation Facilities Specialist Ice Arena Supervisor Facilities Maintenance Worker Aquatic Specialist Recreation Specialist Ice Arena Specialist 226 76 PlikA SHaKOPFF Division: Recreation Category: Recreation 2026 Annual Budget Description of Services: The Parks and Recreation department is responsible for providing fun and engaging recreational activities, programs, facilities and outdoor spaces for the community. This includes the coordination and scheduling of park and athletic field use; coordinating preschool, youth, teen, adult, and senior programs and special event activities; managing the operations of the Community Center, Ice Arena, Sand Venture Outdoor Aquatic Park, and Log Cabin; and collaborating with other departments for parks/trail maintenance, park land acquisition, and parks/trail development. Employees: 2023 2024 2025 2026 Director of Park & Recreation 1 1 1 1 Recreation Manager Recreation Supervisor Recreation Facilities Specialist Community Engagement Coordinator Recreation Specialist Ice Arena Supervisor Guest Services Supervisor Guest Services Specialist Fitness Supervisor Aquatics Specialist Ice Arena Specialist Building Maintenance Manager Facilities Maintenance Worker 2 2 2 2 2 2 2 2 1 1 1 1 1 1 1 1 2 2 3 3 1 1 1 1 1 1 1 1 1 1 0 0 0 0 1 1 1 1 1 1 3 3 3 3 1 1 1 1 2 2 2 2 Total 19 19 20 20 Accomplishments: • Celebrated the grand re -opening of SandVenture Aquatic Park, resulting in record attendance and revenue. • Expanded summer camp offerings, doubling participation opportunities for residents. • Opened Jackson Commons Park, adding new recreational amenities to the community. ✓ Developed and began implementation of a Comprehensive Revenue Policy to strengthen financial sustainability ✓ Launched the first Park Passport program, engaging 132 participants in exploring Shakopee's park system. Goals/Challenges: • The department is nearing completion of the CAPRA Accreditation self -assessment and remains on schedule to achieve accreditation in 2026. Development of a Recreation Program Plan is underway to establish a structured program lifestyle that guides planning, implementation, and evaluation based on community wants and needs. • Over the past two years, sponsorship revenue has declined as businesses shift from monetary support to more in kind contributions and participating in events as "friends of the event". The department continues to evaluate and adapts its sponsorship strategy to maintain strong community and business relationships. • Ongoing emphasis on recruitment, training, and mentorship of part-time employees has strengthened workforce engagement and improved retention. 227 77 Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 CC Membership/Admission Revenue CC Membership Usage/Daily Admission SandVenture Attendance $1,050,038 $959,085 $935,000 $1,225,000 177,472 183,413 199,365 203,000 32,568 CLOSED* 50,000 40,000 SV Membership/Admission Revenues Programming Participants Fitness Participants/Water Aerobics Ice Rental/Admission Revenues $189,678 CLOSED* $347,000 $388,000 8,318 12,500 13,000 13,500 25,136 26,687 29,000 29,000 $883,228 $846,000 $890,000 $833,000 Walking Track 22,542 20,895 26,000 25,000 * SandVenture Construction took place in 2024, the pool was closed the entire season. 228 78 2026 Annual Budget Division: 67- RECREATION Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 67 - RECREATION 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP 1,456,059.71 4,545.48 768,595.55 29,274.33 1,458,822.19 12,726.34 762,640.80 18,276.35 1,562,200.00 1,800.00 959,800.00 13,300.00 1,744,600.00 1,800.00 986,400.00 13,300.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6160 - UNEMPLOYMENT 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6186 - PENSION EXPENSE 2,258,475.07 2,252,465.68 2,537,100.00 2,746,100.00 125,523.88 134,430.76 118,300.00 160,500.00 168, 095.19 165, 523.28 193, 800.00 209, 800.00 197,412.42 238,041.12 312,000.00 315,000.00 0.00 0.00 0.00 12,000.00 10, 048.84 9,871.31 10, 300.00 10, 800.00 4,028.04 4,080.22 4,300.00 4,900.00 7,617.26 7,876.20 10, 300.00 10, 800.00 0.00 730.90 0.00 0.00 68,652.94 49,862.37 80,700.00 52,800.00 24,283.04 69,872.92 28,100.00 31,400.00 158.00 37,583.00 0.00 0.00 BENEFITS 605,819.61 717,872.08 757,800.00 808,000.00 WAGES & BENEFITS 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6250 - MERCHANDISE FOR RESALE 6310 - ATTORNEY 6315 - BUILDING REPAIRS & MAINTENANCE 6326 - CLEANING SERVICES 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6338 - ADVERTISING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6367 - REFUSE 6368 - STORM 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6425 - EQUIPMENT RENT (IS FUND) 2,864,294.68 195,332.37 2,390.00 5,980.75 817.95 138.84 1,887.98 25,921.91 36,540.72 2,339.00 205,925.22 26,109.00 98,256.75 5,927.62 13,225.70 21,393.21 4,181.90 5,512.92 57,400.00 453,276.08 18,235.86 127,743.96 14,495.94 29.25 13,030.75 42,191.07 98,199.96 27.49 72,699.96 2,970,337.76 214,979.79 23,009.43 9,652.39 806.38 188.40 1,759.54 25,267.96 317.90 0.00 105,074.30 30,855.68 100,064.51 6,683.21 7,110.38 25,967.86 980.95 5,315.04 49,200.00 439,610.25 22,168.57 116,869.30 21,344.50 817.06 13,399.60 46,356.73 103,500.00 0.00 84,699.96 3,294,900.00 247,900.00 25,000.00 7,700.00 1,900.00 100.00 2,000.00 17,600.00 2,000.00 1,100.00 134,100.00 27,300.00 92,200.00 6,700.00 13,500.00 26,500.00 5,000.00 5,740.00 51,600.00 423,800.00 15,200.00 124,600.00 12,000.00 0.00 13,100.00 54,200.00 96,800.00 46,000.00 66,000.00 3,554,100.00 236,300.00 10,000.00 7,700.00 1,500.00 100.00 2,100.00 16,100.00 2,500.00 500.00 126,600.00 57,600.00 101,200.00 6,100.00 8,900.00 33,000.00 1,000.00 5,900.00 48,100.00 448,300.00 25,200.00 129,000.00 21,000.00 0.00 13,300.00 57,200.00 101,700.00 74,300.00 56,` 229 79 2026 Annual Budget Division: 67- RECREATION Object Account Actual 2023 Actual 2024 6430 - BUILDING RENT (IS FUND) 6435 - OTHER RENT 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 480,499.92 635,900.04 2,824.46 3,380.00 18,446.24 28,217.61 0.00 46.63 8,094.01 9,091.48 0.00 713.21 Budget 2025 649,000.00 1,900.00 25,500.00 100.00 9,600.00 150.00 Requested Budget 2026 743,300.00 2,800.00 25,000.00 0.00 8,000.00 1,000.00 SUPPLIES AND SERVICES 6650 - CREDIT CARD FEES 6660 - BANK FEES- NSF FEE 6661 - CASH SHORT 6670 - RECREATION SCHOLARSHIPS 2,059,076.79 2,133,348.66 2,205,890.00 92,350.51 93,197.93 350.75 201.25 66.66 237.96 1,184.50 1,104.50 56,900.00 100.00 0.00 1,200.00 2,371,700.00 70,000.00 100.00 0.00 1,200.00 MISCELLANEOUS EXPENSE 6730 - BUILDINGS 6745 - SOFTWARE CAPITAL OUTLAY 6835 - LEASE INTEREST PAYMENT 6836 - SBITA INTEREST PAYMENT 6830 - CAPITAL LEASE PAYMENT 6831 - SBITA PRINICPAL PAYMENT 93,952.42 94,741.64 13,844.00 6,167.46 15,157.35 0.00 29,001.35 6,167.46 5,527.14 2,801.02 398.00 263.29 35,212.86 37,938.98 7,787.84 6,132.59 58,200.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 71,300.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 DEBT SERVICE 48,925.84 47,135.88 0.00 0.00 Total 67 - RECREATION 5,095,251.08 5,251,731.40 5,558,990.00 5,997,100.00 230 80 BLANK 231 81 2026 Annual Budget General Fund: Miscellaneous The Miscellaneous division comprises 0.6% of the General Fund Expenditures. Description of Services: This division accounts for costs not readily chargeable to other departments, and transfers to other funds. Goals/Challenges: • At the approval of the 2026 budget, union negotiations began for the firefighters and were unsettled, pand the budget impact is unknown. Unallocated was increased in anticipation of the contracts being settled. A budget amendment will be made in 2026 to allocate the contingency when the contract is finalized. • Provision for unfunded liability costs. • Contingency as needed for community projects or unanticipated needs. 232 82 2026 Annual Budget SHaKOPFF Division: Unallocated Category: Unallocated Description of Services: This division accounts for costs not readily chargeable to other departments, and transfers to other funds. Goals/Challenges: • At the approval of the 2026 budget, union negotiations began for the firefighters and were unsettled and the budget impact is unknown. Unallocated was increased in anticipation of the contracts being settled. A budget amendment will be made in 2026 to allocate the contingency when the contract is finalized. • Provision for unfunded liability costs. • Contingency as needed for community projects or unanticipated needs. 233 83 2026 Annual Budget Division: 91- UNALLOCATED Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 91 - UNALLOCATED WAGES 0.00 0.00 0.00 0.00 BENEFITS 0.00 0.00 0.00 0.00 WAGES & BENEFITS 6202 - SUPPLIES 6327 - PROFESSIONAL SERVICES 6351 - INSURANCE PREMIUM (IS FUND) 6420 - EQUIPMENT LEASES 0.00 0.00 0.00 0.00 3,400.00 0.00 0.00 0.00 2,800.00 0.00 0.00 0.00 0.00 0.00 2,900.00 0.00 0.00 0.00 2,500.00 0.00 SUPPLIES AND SERVICES 6620 - PROPERTY TAX/SPECIAL ASSESS 6640 - DESIGNATED MISCELLANEOUS 6681 - CONTINGENCY 3,400.00 25,604.24 5,000.00 0.00 2,800.00 0.00 5,000.00 0.00 2,900.00 0.00 50,000.00 75,000.00 2,500.00 0.00 50,000.00 185,100.00 MISCELLANEOUS EXPENSE 6740 - EQUIPMENT 30,604.24 5,000.00 125,000.00 235,100.00 8,622.79 0.00 0.00 0.00 CAPITAL OUTLAY 8,622.79 0.00 0.00 0.00 Total 91 - UNALLOCATED 42,627.03 7,800.00 127,900.00 237,600.00 234 84 BLANK 235 85 2026 Annual Budget SPECIAL REVENUE, DEBT SERVICE AND CAPITAL PROJECT FUNDS SPECIAL REVENUE FUNDS DEBT SERVICE FUNDS CAPITAL PROJECTS FUNDS TOTAL REVENUES: TAXES SPECIAL ASSESSMENTS LICENSES AND PERMITS INTERGOVERNMENTAL CHARGES FOR SERVICES FINES AND FORFEITURES MISCELLANEOUS TOTAL REVENUES EXPENDITURES: GENERAL GOVERNMENT PUBLIC SAFETY PUBLIC WORKS PARK AND RECREATION ECONOMIC DEVELOPMENT UNALLOCATED DEBT SERVICE TOTAL EXPENDITURES EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES OTHER FINANCING: TRANSFERS IN TRANSFERS OUT TOTAL OTHER FINANCING EXCESS (DEFICIENCY) OF REV. OVER EXP. FUND BALANCE, JANUARY 1 FUND BALANCE, DECEMBER 31 $1,036,000 0 20,000 335,000 24,000 68,000 402,500 $2,189,000 111,700 0 0 0 0 0 $2,450,000 $5,675,000 550,300 662,000 750,000 770,000 22,234,800 22,569,800 0 24,000 0 68,000 617,000 1,019,500 1,885,500 2,300,700 26,602,100 30,788,300 (477,400) (167,220) 0 0 (1,435,700) 0 0 0 0 0 0 0 0 (3,810,200) 0 0 (43,006,500) 0 0 0 0 (477,400) (167,220) (43,006,500) 0 (1,435,700) 0 (3,810,200) (2,080,320) (3,810,200) (43,006,500) (48,897,020) (194,820) (1,509,500) 0 1,297,800 (150,000) 0 (16,404,400) 4,282,300 (33,000) (18,108,720) 5,580,100 (183,000) (150,000) 1,297,800 4,249,300 5,397,100 (344,820) (211,700) 4,474,680 3,464,000 (12,155,100) 11,643,500 (12,711,620) 19,582,180 4,129,860 3,252,300 (511,600) 6,870,560 236 86 SPECIAL REVENUE Special Revenue Funds are used to account for the proceeds of specific revenue sources designed to finance activities as required by law or administrative regulations. SUMMARY SHAKOPEE GOVERNMENT TELEVISION ECONOMIC LODGING TAX DEVELOPMENT AUTHORITY TAXES LICENSES AND PERMITS INTERGOVERNMENTAL CHARGES FOR SERVICES FINES AND FORFEITURES MISCELLANEOUS 26,000.00 0.00 0.00 0.00 0.00 500.00 460,000.00 0.00 0.00 0.00 0.00 0.00 550,000.00 20,000.00 335,000.00 24,000.00 0.00 2,000.00 TOTAL REVENUES GENERAL GOVERNMENT PUBLIC SAFETY ECONOMIC DEVELOPMENT CAPITAL OUTLAY 26,500.00 (17,400.00) 0.00 0.00 0.00 460,000.00 (460,000.00) 0.00 0.00 0.00 931,000.00 0.00 0.00 (706,700.00) (75,000.00) TOTAL EXPENDITURES TRANSFERS OUT (17,400.00) 0.00 (460,000.00) 0.00 (781,700.00) (50,000.00) TOTAL OTHER FINANCING 0.00 0.00 (50,000.00) EXCESS (DEFICIENCY) OF REV. OVER EXP. 9,100.00 0.00 99,300.00 FUND BALANCE, JANUARY 1 85,800.00 0.00 3,049,700.00 FUND BALANCE, DECEMBER 31 94,900.00 0.00 3,149,000.00 237 87 2026 Annual Budget RIVER CITY CENTRE 0.00 0.00 0.00 0.00 0.00 400,000.00 OPIOID SETTLEMENT PUBLIC SAFETY TOTAL SPECIAL FUNDING REVENUE 0.00 0.00 0.00 0.00 68, 000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,036,000.00 20,000.00 335,000.00 24,000.00 68,000.00 402,500.00 400,000.00 0.00 0.00 (254,000.00) (400,000.00) 68,000.00 0.00 (87,500.00) 0.00 0.00 0.00 0.00 0.00 0.00 (79,720.00) 1,885,500.00 (477,400.00) (87,500.00) (960,700.00) (554,720.00) (654,000.00) (87,500.00) 0.00 0.00 (79,720.00) (100,000.00) (2,080,320.00) (150,000.00) 0.00 0.00 (100,000.00) (150,000.00) (254,000.00) (19,500.00) (179,720.00) (344,820.00) 716,300.00 243,900.00 378,980.00 4,474,680.00 462,300.00 224,400.00 199,260.00 4,129,860.00 238 88 2026 Annual Budget Fund: Shakopee Government Television SHAKOPEE Description of Services: Government access cable television provides information about government and community programs, services, events and issues with the goal of increasing residents' access to local government meetings and information. Shakopee Government TV is available to Comcast cable subscribers in the city as part of their basic cable packages. Accomplishments: ✓ Upgraded broadcast and livestream equipment to stabilize the broadcast system and create a sustainable, scalable environment for the future. ✓ Produced more than 30 individual park tour videos showcasing the amenities in every park in Shakopee. ✓ Produced a series of weekly "Dontcha Know" videos highlighting free City -provided services and amenities. Goals/Challenges: • PEG revenues have decreased as fewer people subscribe to cable services. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Shakopee Government TV Meetings Broadcasts 35 37 36 35 Video Productions (includes social media) 46 113 50 40 239 89 2026 Annual Budget Company: SHAKOPEE GOVERNMENT TELEVISION Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 02150 - SHAKOPEE GOVERNMENT TELEVISION REVENUES: 4205 - CABLE PEG FEES (25,387.34) (32,203.12) (29,000.00) (26,000.00) TAXES (25,387.34) (32,203.12) (29,000.00) (26,000.00) CHARGES FOR SERVICES 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE MISCELLANEOUS 0.00 0.00 (1,702.77) (1,813.53) (2,269.77) (1,074.51) (3,516.30) (3,344.28) 0.00 0.00 (500.00) 0.00 (500.00) 0.00 (500.00) (500.00) REVENUES (28,903.64) (35,547.40) (29,500.00) (26,500.00) EXPENDITURES: 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6240 - EQUIPMENT REPAIR & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6410 - SOFTWARE 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 0.00 0.00 2,125.00 0.00 9,662.45 0.00 0.00 16,849.50 0.00 1,385.46 3,905.76 0.00 0.00 8,000.00 28,000.00 0.00 5,000.00 0.00 0.00 4,000.00 2,000.00 4,000.00 7,400.00 0.00 SUPPLIES AND SERVICES 6740 - EQUIPMENT 6745 - SOFTWARE CAPITAL OUTLAY 11,787.45 0.00 1,325.48 22,140.72 0.00 0.00 1,325.48 0.00 41,000.00 17,400.00 0.00 0.00 0.00 0.00 0.00 0.00 DEBT SERVICE 0.00 0.00 0.00 0.00 EXPENDITURES OTHER FINANCING: 13,112.93 22,140.72 41,000.00 17,400.00 TRANSERS OUT 0.00 0.00 0.00 0.00 PROCEEDS FROM DEBT/LEASE ISSUED 0.00 0.00 0.00 0.00 OTHER FINANCING 0.00 0.00 0.00 0.00 Total 02150 - SHAKOPEE GOVERNMENT TELEVISION (15,790.71) (13,406.68) 11,500.00 (9,100.00) 240 90 2026 Annual Budget Fund: Lodging Tax SHaKOPFE Description of Services: A statutorily allowed 3 percent lodging tax is imposed by the City Council. Once collected, 95 percent is submitted to the Shakopee Chamber and Visitors Bureau (CVB) and 5 percent is retained to defer administrative expenses. This fund accounts for the tax revenue and the expenditures to both the CVB and the city's General Fund for the administration portion of the lodging tax proceeds. Goals/Challenges: • Lodging tax was hit hard with the coronavirus pandemic resulting in a decrease in revenues, those revenues are finally above the pre -pandemic level. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Number of Hotels 12 12 12 12 241 91 2026 Annual Budget Company: LODGING TAX Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 02180 - LODGING TAX REVENUES: 4050 - LODGING TAX (461,094.98) (472,151.93) (422,000.00) (460,000.00) TAXES (461,094.98) (472,151.93) (422,000.00) (460,000.00) REVENUES EXPENDITURES: 6320 - LODGING TAX 6327 - PROFESSIONAL SERVICES (461,094.98) 439,893.98 21,201.00 (472,151.93) 448,544.25 23,607.68 (422,000.00) 400,900.00 21,100.00 (460,000.00) 437,000.00 23,000.00 SUPPLIES AND SERVICES 461, 094.98 472,151.93 422,000.00 460,000.00 EXPENDITURES OTHER FINANCING: 461,094.98 472,151.93 422,000.00 460,000.00 Total 02180 - LODGING TAX 0.00 0.00 0.00 0.00 242 92 BLANK 243 93 2026 Annual Budget Fund: Economic Development Authority SHaKOPFF Description of Services: The EDA was organized to promote development, new businesses, business retention, improve housing and reduce blighted areas in the city. These services are overseen by the Planning and Development Director with the assistance of the Economic Development Coordinator and other staff as required. The EDA Board is comprised of the City Council Members. The City Administrator is also the Executive Director of the EDA. Employees: 2023 2024 2025 2026 Director of Planning & Development 0.5 0.5 0.5 0.5 Economic Development Coordinator 1 1 1 1 Total 1.5 1.5 1.5 1.5 Accomplishments: ✓ The EDA approved a Tax Increment District for the Shakopee Gravel Site along with a Planned Unit Development and Preliminary Plat. The project is expected to generate more than $350 million in value when completed. ✓ GN Resound began construction on the former Shutterfly site as its new North American Headquarters, eventually employing more than 800 people and adding several new divisions to the location. ✓ The Amphitheater at Canterbury is under construction and will be completed in early 2026. Live Nation was named as the facility operator and the facility was named the Mystic Lake Amphitheater. ✓ Shakopee's entrepreneur group that started with less than six companies is now more than 35. ✓ The FounderyMN entered into partnership with BETA MN which heightened innovators interest in Shakopee as a location for business. ✓ The successful completion of another year of the annual TAP beer event brought people to Shakopee from all over the world including first attendees from London. The event hosted 44 Minnesota breweries, the largest number in four years. ✓ The Social District opened in September and included almost all the facilities downtown and at Canterbury. New district and rules signs were installed. The city purchased 50,000 compostable cups that will be sold to users to help fund the costs for the District. ✓ Staff responded to numerous inquiries for economic development projects from the State and Greater MSP. ✓ EDA partnered with Canterbury to retain Hunden Partners to complete a study for the 28 acres adjacent to the amphitheater to create additional entertainment destinations. Goals/Challenges: • Continue to be a destination location for all businesses. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Projected companies in FounderyMN Companies Joined 15 25 35 TBD 20 28 40 TBD Organization Chart: • Mayor & Council City Administrator Director of Planning & Development Economic Development Coordinator 244 94 2026 Annual Budget Company: ECONOMIC DEVELOPMENT AUTHORITY OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 02190 - ECONOMIC DEVELOPMENT AUTHORITY REVENUES: 4011 - CURRENT PROPERTY TAX 4013 - MARKET VALUE CREDIT 4015 - FISCAL DISPARITIES 4020 - MOBIL HOME TAX 4025 - PAYMENT IN LIEU OF TAXES 4031 - EXCESS TAX INCREMENT 4040 - OTHER TAXES (439,707.91) (41.20) (53,604.79) (4.07) (896.27) (74,001.42) (26.74) (452,011.92) (37.00) (46,158.55) (3.74) (862.34) 0.00 49.58 (500,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 (550,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 TAXES 4243 - MISC LICENSE (568,282.40) 0.00 (499,023.97) 0.00 (500,000.00) 0.00 (550,000.00) (20,000.00) LICENSES AND PERMITS 4450 - STATE GRANTS & AIDS 4490 - OTHER GRANTS/AIDS 4705 - SPUC REVENUE CONTRIBUTION 0.00 (23,250.00) 0.00 (332,058.59) 0.00 0.00 0.00 (317,529.00) 0.00 0.00 0.00 (330,000.00) (20,000.00) 0.00 0.00 (335,000.00) INTERGOVERNMENTAL 4588 - BUSINESS SUBSIDY APP FEE 4766 - GENERAL ADMISSIONS CHARGES FOR SERVICES 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4850 - MISCELLANEOUS 4855 - SALE OF ASSETS (355,308.59) 0.00 (23,995.90) (23,995.90) (42,333.72) (4,509.66) 0.00 (12,000.00) (317,529.00) (12,000.00) (17,736.95) (29,736.95) (73,466.44) (38,522.57) 23.88 0.00 (330,000.00) 0.00 (28,000.00) (28,000.00) (1,000.00) 0.00 0.00 0.00 (335,000.00) 0.00 (24,000.00) (24,000.00) (2,000.00) 0.00 0.00 0.00 MISCELLANEOUS (58,843.38) (111,965.13) (1,000.00) (2,000.00) REVENUES EXPENDITURES: 6002 - WAGES (1,006,430.27) 166,954.24 (958,255.05) 180,937.88 (859,000.00) 206,900.00 (931,000.00) 222,200.00 WAGES 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 166,954.24 13,897.74 13,514.16 15,095.03 0.00 810.02 458.38 717.60 1,197.15 2,009.70 180,937.88 14,787.68 14,403.99 18,026.99 0.00 809.97 482.35 717.60 960.49 1,815.75 206,900.00 15,500.00 15,800.00 10,800.00 0.00 500.00 400.00 500.00 800.00 2,200.00 222,200.00 16,700.00 17,000.00 11,900.00 600.00 500.00 400.00 500.00 500.00 2,300.00 BENEFITS 47,699.78 52,004.82 46,500.00 50,400.00 WAGES & BENEFITS 6202 - SUPPLIES 6213 - MEETINGS 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 214,654.02 232,942.70 253,400.00 272,600.00 3,744.83 389.46 3,500.00 14,500.00 10,987.97 12,086.14 3,000.00 3,000.00 3,761.00 5,651.00 25,000.00 25,000.00 0.00 0.00 50,000.00 50,(245 95 2026 Annual Budget Company: ECONOMIC DEVELOPMENT AUTHORITY OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6338 - ADVERTISING 6351 - INSURANCE PREMIUM (IS FUND) 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6430 - BUILDING RENT (IS FUND) 6435 - OTHER RENT 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 0.00 226,140.04 416.91 510.47 1,213.27 8,288.32 11,300.00 12,328.38 1,800.00 100.98 6,600.00 0.00 670.24 0.00 2,066.00 564.00 0.00 235,636.80 311.09 496.37 1,126.62 17,519.95 8,300.00 1,843.73 2,400.00 0.00 6,200.04 999.50 428.00 390.16 1,921.00 10,784.00 0.00 281,000.00 500.00 500.00 500.00 15,000.00 8,700.00 13,600.00 2,200.00 0.00 6,000.00 0.00 3,000.00 500.00 2,100.00 1,500.00 0.00 295,000.00 500.00 500.00 500.00 15,000.00 9,900.00 3,700.00 3,400.00 0.00 6,000.00 0.00 3,000.00 500.00 2,100.00 1,500.00 SUPPLIES AND SERVICES 6620 - PROPERTY TAX/SPECIAL ASSESS 6661 - CASH SHORT MISCELLANEOUS EXPENSE 6765 - IMPROVEMENTS/INFRASTRUCTURE 290,492.41 0.00 (41.00) (41.00) 306,483.86 3,192.00 0.00 3,192.00 13,726.00 150,000.00 416,600.00 0.00 0.00 0.00 0.00 434,100.00 0.00 0.00 0.00 75,000.00 CAPITAL OUTLAY 6860 - FISCAL AGENT FEES 13,726.00 525.00 150,000.00 0.00 0.00 75,000.00 0.00 0.00 DEBT SERVICE 525.00 0.00 0.00 0.00 EXPENDITURES OTHER FINANCING: 519,356.43 692,618.56 670,000.00 781,700.00 TRANSFERS IN 8053 - TRANSFER OUT TO GENERAL FUND 0.00 0.00 0.00 23,250.00 0.00 0.00 0.00 50,000.00 TRANSERS OUT 8101 - PROCEEDS CAPITAL ASSET SALES 0.00 (275,000.00) 23,250.00 0.00 0.00 0.00 50,000.00 0.00 GAIN/LOSS ON DISPOSAL OF ASSET (275,000.00) 0.00 0.00 0.00 OTHER FINANCING (275,000.00) 23,250.00 0.00 50,000.00 Total 02190 - ECONOMIC DEVELOPMENT AUTHORITY (762,073.84) (242,386.49) (189,000.00) (99,300.00) 246 96 2026 Annual Budget Fund: River City Centre SHAKOPEF Description of Services: In August 2022, the EDA became the master tenant for the commercial space on River City Centre. The property consists of 13 tenant spaces. The city has all of the spaces currently leased but we can assume over time that there will be some vacancies. The city provides day-to-day management and oversaw the renovation of the structure in 2023. The city is in the process of working with Scott County CDA on dividing the building into two condo units, one for the commercial space and one for the rental space. Tenant Summary: Address Lease Start Lease End 115 1St Avenue E 7/1/2020 6/30/2026 135 1St Avenue E 2/1/2011 6/30/2028 145 1St Avenue E 6/1/2023 5/31/2028 155 1St Avenue E 7/1/2022 10/31/2027 165 1St Avenue E 4/1/2016 11/30/2031 175 1St Avenue E 1/1/2022 8/31/2030 185 1St Avenue E 5/1/2018 8/31/2028 215/235 15t Avenue E 12/1/2024 11/30/2029 245 15t Avenue E 3/1/2019 2/28/2029 255 15t Avenue E 3/1/2022 12/31/2028 265 15t Avenue E 2/1/2025 1/31/2026 275 1St Avenue E 5/1/2025 4/30/2030 285 1St Avenue E 6/1/2022 5/31/2027 Accomplishments: ✓ The renovations of the building were completed in 2024. ✓ All rental spaces are filled. Tenancy has been stabilized, and Yummy Bites was added as a new tenant in 2025, featuring coffees, pastries and specialty non-alcoholic drinks. Goals/Challenges: • Potential for vacancies Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Occupancy 96% 99% 97% 99% Stable Rent Roll meeting building needs 100% 100% 95% 95% 247 97 2026 Annual Budget Company: RIVER CITY CENTRE Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 02300 - RIVER CITY CENTRE REVENUES: 4833 -INTEREST 4841,4964 - LEASE RENT/REVENUE 4842 - LEASE OPERATING CHARGE 4850 - MISCELLANEOUS (32,092.43) (442,941.13) (17,190.43) (26,760.51) (39,906.31) (439,573.35) (12,029.00) (156,995.25) 0.00 (400,000.00) (16,000.00) 0.00 0.00 (400,000.00) 0.00 0.00 MISCELLANEOUS (518,984.50) (648,503.91) (416,000.00) (400,000.00) REVENUES EXPENDITURES: 6202 - SUPPLIES 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6326 - CLEANING SERVICES 6327 - PROFESSIONAL SERVICES 6352 - LIABILITY 6362 - ELECTRIC 6364 - WATER 6365 - GAS 6366 - SEWER 6367 - REFUSE 6368 - STORM 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) (518,984.50) (648,503.91) (416,000.00) (400,000.00) 367.51 11,714.79 55,526.00 0.00 23,851.77 2,733.63 99,414.85 5,084.75 184.00 (49.72) 2,194.80 19.20 8,334.89 10.92 552.63 59.61 0.00 8,293.49 0.00 59,942.78 7,510.39 25,341.70 5,708.75 1,000.00 0.00 1,078.57 0.00 9,388.56 0.00 0.00 200.00 10,000.00 15,000.00 0.00 35,000.00 5,000.00 20,000.00 6,000.00 2,000.00 300.00 3,000.00 300.00 12,000.00 200.00 0.00 200.00 10,000.00 15,000.00 0.00 60,000.00 5,000.00 25,000.00 6,000.00 2,000.00 300.00 3,000.00 300.00 12,000.00 200.00 0.00 SUPPLIES AND SERVICES 6610 - AWARDS & DAMAGES 6620 - PROPERTY TAX/SPECIAL ASSESS MISCELLANEOUS EXPENSE 6765 - IMPROVEMENTS/INFRASTRUCTURE 209,940.02 0.00 102,328.00 102,328.00 3,454,181.92 118,323.85 0.00 112,736.00 112,736.00 108,498.85 109,000.00 0.00 115,000.00 115,000.00 0.00 139,000.00 0.00 115,000.00 115,000.00 400,000.00 CAPITAL OUTLAY 3,454,181.92 108,498.85 0.00 400,000.00 EXPENDITURES OTHER FINANCING: 8019 - TRANSFER IN FROM CAPITAL FUND TRANSFERS IN 3,766,449.94 339,558.70 (3,592,076.30) (421,105.70) (3,592,076.30) (421,105.70) 224,000.00 0.00 0.00 654,000.00 0.00 0.00 OTHER FINANCING (3,592,076.30) (421,105.70) 0.00 0.00 Total 02300 - RIVER CITY CENTRE (344,610.86) (730,050.91) (192,000.00) 254,000.00 248 98 PlikA SHaKOPFF Fund: Opioid Settlement 2026 Annual Budget Description of Services: The fund was created in 2022 when the City received the first opioid settlement from the Department of Finance. The City opted in as part of the settlement with the State of Minnesota. The city receives a portion of the settlement disbursed by the State. At least 85% of the funds must be used for abatement of the opioid epidemic. Shakopee Share of the Settlement: Distribution Total Funds Pending Years Allocated Received Funding Distributor 2022-2038 $ 478,625 $ 103,194 $ 375,43 J&J 2022-2031 111,128 82,687 28,441 Teva 2023-2035 100,896 14,892 85,914 Allergan Walgreens Walmart 2023-2029 55,578 15,876 39,702 2023-2036 134,200 17,189 110,176 2023-2028 69,887 69,887 0 CVS 2023-2032 123,414 15,862 107,552 Mallinckrodt 2023 9,331 9,331 0 Endo 2024 9,213 9,213 0 McKinsey 2024 6,793 6,793 0 Total 1,099,065 351,849 747,216 Accomplishments: ✓ To maintain a coordinated response program with the mission for County services staff to work in partnership with local law enforcement departments to provide outreach following a crisis and jointly assist with finding a long-term solution to mental health impacts in the community. Goals/Challenges: • The program focuses on connecting community members who have had police contact, to a qualified social work Coordinated Responder within days after the mental health related crisis has passed with the goal for the Coordinated Responder to provide needs assessments, culturally appropriate referrals, assistance with system navigation, and care coordination. Performance Measures: Service Provided 2023 2024 2025 Grand Total 165 199 94 458 Unable to Contact/Declined Services 59 70 126 255 Total Shakopee Total Savage Total Sheriff 224 269 220 713 389 491 354 1234 135 216 121 472 Grand Total 748 976 695 2419 Allocation of Settlement: $200,000 $150,000 $100,000 $50,000 $- IIIIIIIIIII I 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 249 99 2026 Annual Budget Company: OPIOID SETTLEMENT Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 02400 - OPIOID SETTLEMENT REVENUES: 4821 - FINES & FORFEITS (31,036.94) (188,928.77) (63,800.00) (68,000.00) FINES & FORFEITS (31,036.94) (188,928.77) (63,800.00) (68,000.00) REVENUES EXPENDITURES: 6327 - PROFESSIONAL SERVICES SUPPLIES AND SERVICES (31,036.94) (188,928.77) (63,800.00) (68,000.00) 0.00 80,851.86 0.00 80,851.86 84,100.00 87,500.00 84,100.00 87,500.00 EXPENDITURES OTHER FINANCING: 0.00 80,851.86 84,100.00 87,500.00 Total 02400 - OPIOID SETTLEMENT (31,036.94) (108,076.91) 20,300.00 19,500.00 250 100 2026 Annual Budget Fund: Public Safety Funding SHaKOPFE Description of Services: This fund was created in 2023. The 2023 omnibus tax bill included $210 million in one-time public safety aid that will be distributed on Dec. 26, 2023, to cities across the state. Unlike local government aid, this aid cannot be used for general purposes, but instead must be used to "provide public safety." The City received $1,995,163 in December 2023. Budgeted Projects: Patrol Officers (2) $ 321,506 Marked Squads Car 85,000 Body Worn Cameras 398,590 Fire Department Services Study 55,353 Fire Station #1 Design 72,250 Fire Station #1 Remodel 800,000 SCBAs 262,464 Total Budgeted Projects $ 1,990,697 Accomplishments: ✓ New body cameras were leased using the public safety funding ✓ New self-contained breathing apparatuses (SCBA) were purchased for the fire department to make all SCBA the same model. ✓ Fire station remodel began in 2024. ✓ 2 new officers were hired partially funded with public safety dollars Goals/Challenges: • Estimated costs rising due to inflation for projects originally budgeted to be spend with these funds. Project Summary: Actual Actual Revised Budget Budget 2023 2024 Budget 2026 2027 2025 Patrol Officers (2) $ 0 $ 72,303 $ 126,000 $ 100,000 $ 0 Marked Squads Car Body Worn Cameras Fire Department Services Study Fire Station #1 Design Fire Station #1 Remodel 0 15,083 69,900 0 0 19,875 146,057 79,720 79,720 79,720 35,336 43,487 0 0 0 23,104 50,507 0 0 0 0 677,115 23,000 0 0 SCBAs 265,736 0 0 0 0 Total Budgeted Projects 344,051 1,004,102 298,620 179,720 79,720 251 101 2026 Annual Budget Company: PUBLIC SAFETY FUNDING Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 02500 - PUBLIC SAFETY FUNDING REVENUES: 4450 - STATE GRANTS & AIDS (1,995,163.00) 0.00 0.00 0.00 INTERGOVERNMENTAL 4850 - MISCELLANEOUS (1,995,163.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 MISCELLANEOUS 0.00 0.00 0.00 0.00 REVENUES EXPENDITURES: 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6310 - ATTORNEY 6327 - PROFESSIONAL SERVICES (1,995,163.00) 0.00 265,735.76 0.00 87,005.24 0.00 70,713.47 0.00 784.00 565,011.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 SUPPLIES AND SERVICES 6730 - BUILDINGS 6740 - EQUIPMENT CAPITAL OUTLAY 6835 - LEASE INTEREST PAYMENT 6830 - CAPITAL LEASE PAYMENT DEBT SERVICE 352,741.00 0.00 374,856.74 636,509.01 122,814.08 66,695.40 0.00 0.00 79,720.00 0.00 0.00 79,720.00 374,856.74 189,509.48 79,720.00 79,720.00 3,950.31 15,924.58 10, 249.20 129,311.87 19,874.89 139,561.07 0.00 0.00 0.00 0.00 0.00 0.00 EXPENDITURES OTHER FINANCING: 8053 - TRANSFER OUT TO GENERAL FUND TRANSERS OUT 4962 - CAPITAL LEASE ISSUED 747,472.63 965,579.56 79,720.00 79,720.00 0.00 72,302.73 126,000.00 100,000.00 0.00 (374,856.74) 72,302.73 0.00 126,000.00 0.00 100,000.00 0.00 PROCEEDS FROM DEBT/LEASE ISSUED (374,856.74) 0.00 0.00 0.00 OTHER FINANCING (374,856.74) 72,302.73 126,000.00 100,000.00 Total 02500 - PUBLIC SAFETY FUNDING (1,622,547.11) 1,037,882.29 205,720.00 179,720.00 252 102 DEBT SERVICE FUNDS Debt Service Funds are established to account for the activity of servicing general obligation debt, paid for by tax levy and special assessments. Any residual balances in debt service funds are transferred to the Capital Improvement Fund. Debt Service Prepayments from special assessments and the use of existing cash position have allowed for reductions in previous and current year levies. Future budgets will require increased debt service levies to meet future payment obligations. SUMMARY 2016A GO TAX ABATEMENT BOND 2019A GO TAX INCREMENT REV BON 2020A GO TAX INCREMENT REV BON TAXES SPECIAL ASSESSMENTS TOTAL REVENUES DEBT SERVICE 2,189,000.00 0.00 2,189,000.00 (2,095,400.00) 0.00 0.00 0.00 (339,800.00) 0.00 0.00 0.00 (628,500.00) TOTAL EXPENDITURES TRANSFERS IN (2,095,400.00) 0.00 (339,800.00) 364,800.00 (628,500.00) 665,000.00 TOTAL OTHER FINANCING 0.00 364,800.00 665,000.00 EXCESS (DEFICIENCY) OF REV. OVER EXP. 93,600.00 25,000.00 36,500.00 FUND BALANCE, JANUARY 1 1,549,500.00 328,900.00 601,800.00 FUND BALANCE, DECEMBER 31 1,643,100.00 353,900.00 638,300.00 253 103 2026 Annual Budget 2022A GO TAX 2022A GO INCREMENT REV IMPROVEMENT BON BONDS TOTAL DEBT SERVICE 0.00 0.00 0.00 111,700.00 2,189,000.00 111, 700.00 0.00 111,700.00 (252,500.00) (494,000.00) 2,300,700.00 (3,810,200.00) (252,500.00) 268,000.00 (494,000.00) (3,810,200.00) 0.00 1,297,800.00 268,000.00 0.00 1,297,800.00 15,500.00 (382,300.00) (211,700.00) 149,900.00 833,900.00 3,464,000.00 165,400.00 451,600.00 3,252,300.00 254 104 2026 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 4,1111 A 2034 2035 2026 2027 2028 2029 2030 2031 2032 2033 Principal Interest Staff Recommended Levy Cash balance 2036 255 105 2026 Annual Budget Company: 2016A GO TAX ABATEMENT BOND Object Account Actual Actual 2023 2024 Budget 2025 Requested Budget 2026 03044 - 2016A GO TAX ABATEMENT BOND REVENUES: 4011 - CURRENT PROPERTY TAX (2,189,000.00) (2,189,000.00) (2,189,000.00) (2,189,000.00) TAXES 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE MISCELLANEOUS (2,189,000.00) (2,189,000.00) (3,289.58) (39,454.91) (2,951.45) (20,166.89) (42,744.49) (23,118.34) (2,189,000.00) 0.00 0.00 0.00 (2,189,000.00) 0.00 0.00 0.00 REVENUES EXPENDITURES: 6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST 6860 - FISCAL AGENT FEES (2,231,744.49) (2,212,118.34) 1,330,000.00 789,531.26 1,025.00 1,355,000.00 742,356.26 500.00 (2,189,000.00) 1,425,000.00 672,900.00 500.00 (2,189,000.00) 1,495,000.00 599,900.00 500.00 DEBT SERVICE 2,120,556.26 2,097,856.26 2,098,400.00 2,095,400.00 EXPENDITURES OTHER FINANCING: 2,120,556.26 2,097,856.26 2,098,400.00 2,095,400.00 TRANSFERS IN 0.00 0.00 0.00 0.00 PROCEEDS FROM DEBT/LEASE ISSUED 0.00 0.00 0.00 0.00 OTHER FINANCING 0.00 0.00 0.00 0.00 Total 03044 - 2016A GO TAX ABATEMENT BOND (111,188.23) (114,262.08) (90,600.00) (93,600.00) 256 106 2026 Annual Budget Fund: G.O. Tax Increment Revenue Bonds, Series 2019A Issuance: $4,220,000 Maturity: February 1, 2036 Description of Services: The bond was issued for $4,220,000 and matures on February 01, 2036. 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: 600,000 500,000 400,000 300,000 200,000 100,000 1 U 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 Principal Interest Fund Transfer Cash balance 257 107 2026 Annual Budget Company: 2019A GO TAX INCREMENT REV BOND Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 03045 - 2019A GO TAX INCREMENT REV BON REVENUES: 4833 - INTEREST (337.56) (17.12) 0.00 0.00 4834 - CHANGE IN FAIR MARKET VALUE (9,227.58) (4,509.39) 0.00 0.00 MISCELLANEOUS (9,565.14) (4,526.51) 0.00 0.00 REVENUES EXPENDITURES: 6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST 6860 - FISCAL AGENT FEES (9,565.14) (4,526.51) 220,000.00 119,462.52 1,075.00 230,000.00 108,212.52 550.00 0.00 0.00 245,000.00 96,300.00 1,000.00 255,000.00 83,800.00 1,000.00 DEBT SERVICE 340,537.52 338,762.52 342,300.00 339,800.00 EXPENDITURES 340,537.52 338,762.52 342,300.00 339,800.00 OTHER FINANCING: 8010 - TRANSFER IN FROM GENERAL FUND 8019 - TRANSFER IN FROM CAPITAL FUND TRANSFERS IN 0.00 0.00 0.00 0.00 (344,914.00) (348,627.88) (362,500.00) (364,800.00) (344,914.00) (348,627.88) (362,500.00) (364,800.00) PROCEEDS FROM DEBT/LEASE ISSUED 0.00 0.00 0.00 0.00 OTHER FINANCING (344,914.00) (348,627.88) (362,500.00) (364,800.00) Total 03045 - 2019A GO TAX INCREMENT REV BON (13,941.62) (14,391.87) (20,200.00) (25,000.00) 258 108 2026 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 i 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 Principal Interest Fund Transfer Cash balance 259 109 2026 Annual Budget Company: 2020A GO TAX INCREMENT REV BOND Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 03046 - 2020A GO TAX INCREMENT REV BON REVENUES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE MISCELLANEOUS (630.65) (17,176.77) (17,807.42) (1.58) (8,426.93) (8,428.51) 0.00 0.00 0.00 0.00 0.00 0.00 REVENUES EXPENDITURES: 6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST 6860 - FISCAL AGENT FEES 6890 - DEBT SERVICE - OTHER CHARGES (17,807.42) (8,428.51) 0.00 0.00 410,000.00 425,000.00 440,000.00 460,000.00 219,500.00 202,800.00 185,500.00 167,500.00 1,025.00 0.00 1,000.00 1,000.00 0.00 500.00 0.00 0.00 DEBT SERVICE 630,525.00 628,300.00 626,500.00 628,500.00 EXPENDITURES OTHER FINANCING: 8010 - TRANSFER IN FROM GENERAL FUND 8019 - TRANSFER IN FROM CAPITAL FUND 630,525.00 0.00 (636,977.00) 628,300.00 0.00 (634,977.10) 626,500.00 0.00 (668,500.00) 628, 500.00 0.00 (665,000.00) TRANSFERS IN (636,977.00) (634,977.10) (668,500.00) (665,000.00) PROCEEDS FROM DEBT/LEASE ISSUED 0.00 0.00 0.00 0.00 OTHER FINANCING (636,977.00) (634,977.10) (668,500.00) (665,000.00) Total 03046 - 2020A GO TAX INCREMENT REV BON (24,259.42) (15,105.61) (42,000.00) (36,500.00) 260 110 2026 Annual Budget Fund: G.O. Tax Increment Revenue Bonds, Series 2022A Issuance: $5,910,000 Maturity: February 1, 2041 Description of Services: The bond was issued for $10,000,000 and matures on February 01, 2041. $5,910,000 of the bond was issued to fund various public improvements including Highway 83 within the Tax Increment Financing District No. 18 (Canterbury Commons). $4,090,000 was issued for improvement projects related to 2020-2022 reconstructions projects, funded from the Capital Improvements Fund. The tax increment portion fully matures on February 1, 2041 and the improvement portion fully matures on February 1, 2033. Debt Totals by Year: 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 Ei ii 11111111 I I Iu 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 Principal Interest Fund Transfer Cash balance 261 111 2026 Annual Budget Company: 2022A GO TAX INCREMENT REV BOND Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 03047 - 2022A GO TAX INCREMENT REV BON REVENUES: 4833 - INTEREST 2,627.30 7,912.47 0.00 0.00 4834 - CHANGE IN FAIR MARKET VALUE (4,938.66) 3,258.45 0.00 0.00 MISCELLANEOUS (2,311.36) 11,170.92 0.00 0.00 REVENUES EXPENDITURES: 6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST 6860 - FISCAL AGENT FEES (2,311.36) 11,170.92 0.00 212,760.00 820.50 75,000.00 176,175.00 500.00 0.00 0.00 80,000.00 173,900.00 1,000.00 80,000.00 171,500.00 1,000.00 DEBT SERVICE 213,580.50 251,675.00 254,900.00 252,500.00 EXPENDITURES 213,580.50 251,675.00 254,900.00 252,500.00 OTHER FINANCING: 8010 - TRANSFER IN FROM GENERAL FUND 8019 - TRANSFER IN FROM CAPITAL FUND TRANSFERS IN 0.00 0.00 0.00 0.00 (72,015.67) (493,164.32) (265,300.00) (268,000.00) (72,015.67) (493,164.32) (265,300.00) (268,000.00) OTHER FINANCING (72,015.67) (493,164.32) (265,300.00) (268,000.00) Total 03047 - 2022A GO TAX INCREMENT REV BON 139,253.47 (230,318.40) (10,400.00) (15,500.00) 262 112 2026 Annual Budget Fund: G.O. Improvement Bonds, Series 2022A Issuance: $4,090,000 Maturity: February 1, 2033 Description of Services: The bond was issued for $10,000,000 and matures on February 01, 2041. $5,910,000 of the bond was issued to fund various public improvements including Highway 83 within the Tax Increment Financing District No. 18 (Canterbury Commons). $4,090,000 was issued for improvement projects related to 2020-2022 reconstructions projects, funded from the Capital Improvements Fund. The tax increment portion fully matures on February 1, 2041 and the improvement portion fully matures on February 1, 2033. Debt Totals by Year: 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 1 2026 2027 2028 2029 Principal Interest Staff Recommended Levy 1 ■ 2030 2031 2032 2033 Assessment Revenue Cash balance 263 113 2026 Annual Budget Company: 2022A GO IMPROVEMENT BONDS Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 03048 - 2022A GO IMPROVEMENT BONDS REVENUES: 4011 - CURRENT PROPERTY TAX (148,000.00) (121,500.00) 0.00 0.00 TAXES 4110 - SPECIAL ASSESSMENT PRINCIPAL 4111 - SPECIAL ASSESSMENT INTEREST 4112 - SPECIAL ASSESSMENT PENALTY & INTEREST 4120 - SPECIAL ASSESSMENT PREPAYMENTS (148,000.00) (39,198.54) (16,561.43) (145.83) (234,674.91) (121,500.00) (79,506.38) (35,370.38) (142.48) (5,742.30) 0.00 (87,300.00) (30,500.00) 0.00 0.00 0.00 (85,800.00) (25,900.00) 0.00 0.00 SPECIAL ASSESSMENT 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE MISCELLANEOUS (290,580.71) (120,761.54) (117,800.00) (111,700.00) (10,730.14) 6,239.31 (20,098.83) (11,026.30) (4,490.83) (31,125.13) 0.00 0.00 0.00 0.00 0.00 0.00 REVENUES EXPENDITURES: 6810 - DEBT SERVICE PRINCIPAL 6850 - DEBT SERVICE INTEREST 6860 - FISCAL AGENT FEES (443,071.54) (273,386.67) (117,800.00) (111,700.00) 0.00 147,240.00 204.50 395,000.00 116,775.00 0.00 395,000.00 104,900.00 1,000.00 400,000.00 93,000.00 1,000.00 DEBT SERVICE 147,444.50 511,775.00 500,900.00 494,000.00 EXPENDITURES OTHER FINANCING: 8010 - TRANSFER IN FROM GENERAL FUND TRANSFERS IN 147,444.50 511,775.00 500,900.00 494,000.00 (348,650.00) (346,000.00) (348,650.00) (346,000.00) 0.00 0.00 0.00 0.00 OTHER FINANCING (348,650.00) (346,000.00) 0.00 0.00 Total 03048 - 2022A GO IMPROVEMENT BONDS (644,277.04) (107,611.67) 383,100.00 382,300.00 264 114 2026 Annual Budget CAPITAL PROJECT FUND Capital Project Funds are established to account for the construction of major capital facilities. Projects resources are a combination of several revenue sources such as bond proceeds, inter -fund transfers, intergovernmental revenue, grants, etc. These funds provide the means for administrators to ensure that designated revenues are appropriately utilized. The city releases a five year capital improvement plan each year. SUMMARY PARK DEVELOPMENT TAXES SPECIAL ASSESSMENTS LICENSES AND PERMITS INTERGOVERNMENTAL MISCELLANEOUS 0.00 0.00 700,000.00 15, 024, 300.00 157,000.00 CAPITAL IMPROVEMENT FUND 2,450,000.00 550,300.00 0.00 7,210,500.00 455,000.00 TREE REPLACEMENT 0.00 0.00 50,000.00 0.00 5,000.00 TOTAL REVENUES CONSERVATION AND NATURAL RESOURCES CAPITAL OUTLAY TOTAL EXPENDITURES TRANSFERS IN TRANSFERS OUT TOTAL OTHER FINANCING 15,881,300.00 0.00 (25,710,000.00) (25,710,000.00) 3,308,700.00 0.00 3,308,700.00 10,665,800.00 0.00 (17,246,500.00) (17,246,500.00) 973,600.00 0.00 973,600.00 55,000.00 (50,000.00) 0.00 (50,000.00) 0.00 (33,000.00) (33,000.00) EXCESS (DEFICIENCY) OF REV. OVER EXP. (6,520,000.00) (5,607,100.00) (28,000.00) FUND BALANCE, JANUARY 1 4,655,300.00 6,706,700.00 281,500.00 FUND BALANCE, DECEMBER 31 (1,864,700.00) 1,099,600.00 253,500.00 265 115 2026 Annual Budget CAPITAL PROJECT FUND Capital Project Funds are established to account for the construction of major capital facilities. Projects resources are a combination of several revenue sources such as bond proceeds, inter -fund transfers, intergovernmental revenue, grants, etc. These funds provide the means for administrators to ensure that designated revenues are appropriately utilized. The city releases a five year capital improvement plan each year. SUMMARY TOTAL CAPITAL PROJECT 2,450,000.00 550,300.00 750,000.00 22,234,800.00 617,000.00 26,602,100.00 (50,000.00) (42,956,500.00) (43,006,500.00) 4,282,300.00 (33,000.00) 4,249,300.00 (12,155,100.00) 11,643,500.00 (511,600.00) 266 116 2026 Annual Budget Fund: Park Development Fund SHAKOPEE Description of Services: The Park Development Fund provides for the acquisition and improvements for all City Parks. The Planning & Development Division provides community outreach and initial designs and then works with the designers and a Construction Manager or General Contractor in cooperation with Public Works - Parks and Engineering on construction. The Parks & Recreation Department handles programming of parks. Accomplishments: ✓ Windermere Regional Park appraisal completed and offers made to property owners. ✓ Signage installed for Vierling Greenway and new city parks. ✓ SandVenture including complete pool renovation, playground, jumping platform, and new changing room, offices and restaurant housing Tommy's Malt Shop was completed and opened. ✓ The Disc Golf Course in Lions Parks was upgraded including new tee boxes, nets and a new mandatory obstacle was added, all of which significantly increased usage. ✓ A new digital message sign was installed in Lions Park and the existing monument sign was rebuilt. ✓ Jackson Commons was completed in partnership with Jackson Township that includes a one -of -a -kind agricultural themed playground, three level mountain bike course, tot track, parking lot, shelter, oak savannah and one mile walking and riding trail were completed. ✓ Killarney Hills Park was completed including a new playground. ✓ Designs were completed to Valleycrest Park for construction in 2026. ✓ Designs were completed for the historic Schroeder House and Livery and surrounding properties for construction in 2026. ✓ A new mountain bike trail section was completed at Quarry Lake XCEL Mountain Bike Course allowing the Mountain Bike Races to return. Goals/Challenges: • Increase in costs for Park Development. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Number of Projects Park Dedication Collected $3,790,800 $1,911,040 $3,000,000 $2,000,000 3 4 5 11 Capital Improvement Plan: The City prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project location, description and source and use of funds. 267 117 2026 Annual Budget Company: PARK DEVELOPMENT Object Account Actual 2023 Actual 2024 Budget 2025 Requested Budget 2026 04020 - PARK DEVELOPMENT REVENUES: TAXES 4295 - PARK DEDICATION FEE 0.00 (3,790,800.00) 0.00 (1,911,040.50) 0.00 (3,000,000.00) 0.00 (700,000.00) LICENSES AND PERMITS 4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS 4461 - STATE AID - CONSTRUCTION 4482 - COUNTY GRANTS/AIDS 4490 - OTHER GRANTS/AIDS (3,790,800.00) 0.00 0.00 0.00 (102.33) 0.00 (1,911,040.50) 0.00 0.00 0.00 0.00 0.00 (3,000,000.00) 0.00 (1,840,000.00) 0.00 0.00 0.00 (700,000.00) (5,000,000.00) 0.00 (6,460,000.00) 0.00 (3,564,300.00) INTERGOVERNMENTAL 4511 - ADMINISTRATIVE CHARGES 4810 - CONCESSION STANDS CHARGES FOR SERVICES 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4845 - CONTRIBUTIONS/DONATIONS 4850 - MISCELLANEOUS (102.33) 0.00 (3,148.35) (3,148.35) (171,059.24) (164,340.59) (133,327.28) (1,147.04) 0.00 (1,840,000.00) (15,024,300.00) 0.00 (5,262.33) (5,262.33) (204,785.03) (145,882.87) (13,133.12) 4,902.00 0.00 0.00 0.00 (115,500.00) 0.00 (750,000.00) 0.00 0.00 0.00 0.00 (65,000.00) 0.00 (92,000.00) 0.00 MISCELLANEOUS (469,874.15) (358,899.02) (865,500.00) (157,000.00) REVENUES EXPENDITURES: 6202 - SUPPLIES 6215 - MATERIALS 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6327 - PROFESSIONAL SERVICES 6365 - GAS (4,263,924.83) (2,275,201.85) (5,705,500.00) (15,881,300.00) 1,018.94 151,142.75 1,447.50 192,213.27 983,508.74 119.32 202.80 0.00 5,342.00 776,999.82 748,132.77 133.69 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 SUPPLIES AND SERVICES 1,329,450.52 1,531,099.83 0.00 0.00 MISCELLANEOUS EXPENSE 6740 - EQUIPMENT 6765 - IMPROVEMENTS/INFRASTRUCTURE 0.00 33,864.69 1,426,027.37 0.00 116,527.59 3,705,189.40 0.00 0.00 0.00 0.00 9,261,000.00 25,710,000.00 CAPITAL OUTLAY 1,459,892.06 3,821,716.99 9,261,000.00 25,710,000.00 EXPENDITURES OTHER FINANCING: 8013 - TRANSFER IN FROM ENTERPR FUND 8015 - TRANSFER IN FROM IS FUND TRANSFERS IN 2,789,342.58 5,352,816.82 9,261,000.00 25,710,000.00 0.00 (280,000.00) (280,000.00) 0.00 0.00 0.00 0.00 (3,008,700.00) 0.00 (300,000.00) 0.00 (3,308,700.00) OTHER FINANCING (280,000.00) 0.00 0.00 (3,308,700.00) Total 04020 - PARK DEVELOPMENT (1,754,582.25) 3,077,614.97 3,555,500.00 6,520,000.00 268 118 2026 Annual Budget Fund: Capital Improvement Fund SHaKOPFE Description of Services: The Capital Improvement Fund is for the various infrastructure projects in the City. These services are overseen by the City Engineer with the assistance of other staff as required. Accomplishments: ✓ Completed construction of the Stagecoach Road Reconstruction and Trail Improvement Project. ✓ Partnered with Scott County to complete intersection improvements at the CR79/CR78 intersection. ✓ Began the first phase of the Marystown Road Corridor Improvements, which is a project that has been in the planning for 10 years. ✓ Completed the first year of the annual Reclamite Project, which has been included in the City's overall pavement management plan. Goals/Challenges: • Infrastructure costs continue to rise, increasing the cost of annual pavement management. • New growth requires an infrastructure network designed to support the increased traffic. The city must balance the cost of maintaining the existing infrastructure with the need to provide additional capacity system -wide. • The city continues to research and develop procedures and systems to extend the life of roadways. Lower cost proactive maintenance saves the need to spend more money reconstructing infrastructure before it is needed. Performance Measures: Actual Actual 2023 2024 Projected 2025 Projected 2026 Number of Projects Total Overlay Projects Total Reconstruction/Rehab Projects Other Projects 6 8 7 9 $2,355,127 w/reconstruction $3,220,000 $2,330,000 $2,123,055 $3,234,871 $5,995,400 $2,580,000 $5,761,033 $1,614,639 $4,883,000 $10,154,200 Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2026. The CIP book provides a summary of each project location, description and source and use of funds. 269 119 2026 Annual Budget Company: CAPITAL IMPROVEMENT FUND Object Account Actual Actual 2023 2024 Budget 2025 Requested Budget 2026 04021 - CAPITAL IMPROVEMENT FUND REVENUES: 4011 - CURRENT PROPERTY TAX 4204 - UTILITY FRANCHISE FEE (700,000.00) (700,000.00) (1,200,000.00) (1,500,000.00) (1,175,139.17) (928,586.11) (950,000.00) (950,000.00) TAXES 4110 - SPECIAL ASSESSMENT PRINCIPAL 4111 - SPECIAL ASSESSMENT INTEREST 4112 - SPECIAL ASSESSMENT PENALTY & INTEREST 4120 - SPECIAL ASSESSMENT PREPAYMENTS (1,875,139.17) (419,389.71) (52,984.69) (5,536.33) (487,411.29) (1,628,586.11) (416,924.81) (43,584.56) (2,555.50) (15,393.84) (2,150,000.00) (350,000.00) 0.00 0.00 (134,100.00) (2,450,000.00) (350,000.00) 0.00 0.00 (200,300.00) SPECIAL ASSESSMENT 4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS 4461 - STATE AID - CONSTRUCTION 4490 - OTHER GRANTS/AIDS (965,322.02) (478,458.71) (484,100.00) (550,300.00) 0.00 0.00 (4,792,058.37) 0.00 0.00 (17,955.00) (1,012,091.55) 0.00 (1,975,300.00) 0.00 (1,989,800.00) 0.00 (2,735,300.00) 0.00 (3,760,000.00) (715,200.00) INTERGOVERNMENTAL 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4845 - CONTRIBUTIONS/DONATIONS 4850 - MISCELLANEOUS (4,792,058.37) (223,512.12) (417,962.47) 0.00 (184,825.67) (1,030,046.55) (337,666.36) (142,436.66) 0.00 (28,011.16) (3,965,100.00) (185,000.00) 0.00 (72,000.00) 0.00 (7,210,500.00) (100,000.00) 0.00 (355,000.00) 0.00 MISCELLANEOUS (826,300.26) (508,114.18) (257,000.00) (455,000.00) REVENUES EXPENDITURES: 6202 - SUPPLIES 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE (8,458,819.82) (3,645,205.55) (6,856,200.00) (10,665,800.00) 148.62 1,897.50 523,729.23 10,053.10 0.00 0.00 514.50 955,622.86 54,950.00 10.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 SUPPLIES AND SERVICES 535, 828.45 1, 011, 098.11 0.00 0.00 MISCELLANEOUS EXPENSE 6765 - IMPROVEMENTS/INFRASTRUCTURE 0.00 0.00 0.00 0.00 9,703,385.79 3,838,412.18 14,098,400.00 17,246,500.00 CAPITAL OUTLAY 9,703,385.79 3,838,412.18 14,098,400.00 17,246,500.00 EXPENDITURES OTHER FINANCING: 8013 - TRANSFER IN FROM ENTERPR FUND 8019 - TRANSFER IN FROM CAPITAL FUND TRANSFERS IN 10,239,214.24 4,849,510.29 14,098,400.00 17,246,500.00 (3,700,000.00) (1,114,000.00) (1,309,000.00) (940,600.00) 0.00 0.00 (33,000.00) (33,000.00) (3,700,000.00) (1,114,000.00) (1,342,000.00) (973,600.00) OTHER FINANCING (3,700,000.00) (1,114,000.00) (1,342,000.00) (973,600.00) Total 04021 - CAPITAL IMPROVEMENT FUND (1,919,605.58) 90,304.74 5,900,200.00 5,607,100.00 270 120 2026 Annual Budget Fund: Tree Replacement Fund SHAKOPEF Description of Services: The Tree Replacement fund accounts for tree replacement along major corridors throughout the City. Trees provide beautification, shade and water quality and quantity benefits. Accomplishments: ✓ Replaced ash trees with 23 different species of trees to create a more diverse urban forest. Goals/Challenges: • Shakopee's ash trees remain under attack. The first case of emerald ash borer was confirmed in 2021. The city's tree stock is such a significant and valuable resource. Replacing these trees is important to maintain the city's urban forest. Shakopee has received the "Tree City USA" designation for the past 15 years for the city's efforts and commitment to its urban forest management. • Plant a diverse variety of trees to create a more sustainable urban forest that is more resilient to impacts from pests and disease. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Trees Planted 216 237 343 200 Trees Sold at Tree Sale 94 83 85 100 Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project location, description and source and use of funds. 271 121 2026 Annual Budget Company: TREE REPLACEMENT Object Account Actual Actual Budget Requested 2023 2024 2025 Budget 2026 04400 - TREE REPLACEMENT REVENUES: 4295 - PARK DEDICATION FEE 0.00 0.00 (50,000.00) (50,000.00) LICENSES AND PERMITS 4490 - OTHER GRANTS/AIDS 0.00 0.00 (50,000.00) (50,000.00) 0.00 0.00 0.00 0.00 INTERGOVERNMENTAL 4683 - NATURAL RESOURCE PLANTINGS 0.00 0.00 (3,725.00) (3,206.00) 0.00 0.00 0.00 0.00 CHARGES FOR SERVICES 4821 - FINES & FORFEITS (3,725.00) (34,800.00) (3,206.00) (4,000.00) 0.00 0.00 0.00 0.00 FINES & FORFEITS 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE MISCELLANEOUS (34,800.00) (4,000.00) (7,688.81) (10,628.80) (8,827.89) (5,386.27) (18,317.61) (14,214.16) 0.00 0.00 (5,100.00) 0.00 (5,000.00) 0.00 (5,100.00) (5,000.00) REVENUES (56,842.61) (21,420.16) (55,100.00) (55,000.00) EXPENDITURES: 6202 - SUPPLIES 6215 - MATERIALS 6327 - PROFESSIONAL SERVICES 0.00 43,040.00 0.00 0.00 44,160.00 0.00 0.00 50,000.00 0.00 0.00 50,000.00 0.00 SUPPLIES AND SERVICES 6765 - IMPROVEMENTS/INFRASTRUCTURE 43,040.00 1,564.20 44,160.00 0.00 50,000.00 0.00 50,000.00 0.00 CAPITAL OUTLAY 1,564.20 0.00 0.00 0.00 EXPENDITURES OTHER FINANCING: 44,604.20 44,160.00 50,000.00 50,000.00 TRANSFERS IN 8056 - TRANSFER OUT TO CAPITAL FUNDS 0.00 0.00 0.00 0.00 0.00 33,000.00 0.00 33,000.00 TRANSERS OUT 0.00 0.00 33,000.00 33,000.00 OTHER FINANCING 0.00 0.00 33,000.00 33,000.00 Total 04400 - TREE REPLACEMENT (12,238.41) 22,739.84 27,900.00 28,000.00 272 122 BLANK 273 123 2026 Annual Budget ENTERPRISE FUNDS The Enterprise Funds are maintained to account for the operation of the sanitary sewer, storm drainage systems and refuse. Since the operation of these systems is financed by user charges and are self-supporting, they are accounted for in a manner similar to private business. The intent of the City Council is to have a cash balance to provide for six to twelve months operating costs, annual debt service requirements and at least ten percent of accumulated depreciation to provide for capital outlay. The city reviews fees annually to determine appropriate revenue levels. SUMMARY SEWER FUND SURFACE WATER FUND REFUSE FUND TOTAL REVENUES: OPERATING REVENUES EXPENSES: OPERATING EXPENSES DEPRECIATION 5,155,000 (4,419,950) (1,010,000) 1,431, 000 (2,204,150) (1,180,000) 90,000 6,676,000 0 (6,624,100) 0 (2,190,000) OPERATING INCOME (LOSS) NON -OPERATING INCOME NON -OPERATING EXPENSES (274,950) 123,000 0 (1,953,150) 230,000 0 90,000 (2,138,100) 0 353,000 0 0 NET INCOME (LOSS) BEFORE TRANSFER CAPITAL CONTRIBUTION TRANSFERS IN TRANSFERS OUT (151,950) 50,000 0 (2,050,000) (1,723,150) 200,000 0 (2,449,300) 90,000 (1,785,100) 0 250,000 0 0 0 (4,499,300) NET INCOME (LOSS) 2,151,950 3,972,450 (90,000) 6,034,400 274 124 BLANK 275 125 SHAKOPEE 2026 Annual Budget Fund: Sewer Description of Services: Activity in this fund reflects the operations of the Municipal Sanitary Sewer System. This includes repairing and maintaining sanitary sewer lines, manhole rehabilitation/replacement, respond to Gopher State One Call locates, and GIS/GPS hardware and software. Employees: 2023 2024 2025 2026 Foreperson (PW) Maintenance Operator 0.5 0.5 0.5 0.5 3 3 3 3 Total 3.5 3.5 3.5 3.5 Accomplishments: • Installation of a SCADA system throughout the city is being completed. This will help the city to better safeguard against potential blockage. • Southbridge lift station rehabilitation. • 2 new lift stations — Maras/Hansen and West End. • New grease trap enforcement procedures will be in place in 2026 Goals/Challenges: • Metropolitan Council Environmental Service's (MCES) fees are passed on to customers and the city has no influence on those fees. • Pipes often become clogged with grease buildup and debris that shouldn't have been flushed down the toilet. City crews systematically clean the sewer conveyance system to minimize blockages and backups, and crews perform other general inspections to ensure all is flowing clean and unrestricted. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Manholes Repaired Jetted (LF) 157 126 90 100 369,921 240,495 275,000 278,000 Miles of Sewer 155.4 158.2 165 166 # of Lift Stations 3 4 4 4 MCES Treatment Cost (% of Expenditures) 45.5% 46% 46% 46% Organization Chart: Mayor & Council I City Administrator Public Works Director I Public Works Supervisor Foreman (Utility) I Maintenance Operator Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project's location, description and source and use of funds. 276 126 2026 Annual Budget Company: SEWER FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07100 - SEWER FUND OPERATING REVENUES: 4721 - SEWER CHARGES 4723 - METRO SAC CHARGES 4725 - CITY SAC CHARGES 4530 - ANTENNA RENTAL 4850 - MISCELLANEOUS (4,689,226.87) (5,485,527.39) (4,820,500.00) (5,085,000.00) (19,954.55) (17,792.60) (20,000.00) (20,000.00) (432,209.00) (405,648.00) (25,000.00) (50,000.00) (2,646.00) (2,646.00) 0.00 0.00 (2,134.07) (1,067.03) 0.00 0.00 OPERATING REVENUES OPERATING EXPENSES: 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6185 - OPEB 6186 - PENSION EXPENSE (5,146,170.49) (5,912,681.02) (4,865,500.00) (5,155,000.00) 363,099.47 4,940.40 7,578.45 27,420.71 26,328.73 47,718.86 0.00 2,624.97 951.90 1,847.51 23,456.66 4,057.12 (2,141.00) 64,052.00 340,493.50 5,612.28 4,906.86 25,925.77 24,270.35 60,087.93 0.00 2,033.66 1,020.86 1,683.70 15,803.97 6,249.20 (2,813.00) (65,413.00) 354,200.00 7,500.00 19,500.00 27,100.00 29,100.00 54,900.00 0.00 1,600.00 700.00 1,600.00 21,600.00 4,400.00 0.00 0.00 294,300.00 7,500.00 20,100.00 22,600.00 24,500.00 67,000.00 1,200.00 1,600.00 700.00 1,600.00 10,600.00 4,600.00 0.00 0.00 WAGES & BENEFITS 6502 - DEPRECIATION EXPENSE 6202 - SUPPLIES 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6332 - POSTAGE 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6364 - WATER 6366 - SEWER 6369 - MET COUNCIL SEWER DISPOSAL CHARGE 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6430 - BUILDING RENT (IS FUND) 571,935.78 976,276.08 25,575.54 5,387.80 384.38 70.10 13,182.77 20,863.50 0.00 1,903.50 545.23 164,721.57 0.00 1,029.07 649.33 1,758.94 45,300.00 35,730.38 88.98 49.93 2,651,598.00 64.80 7,299.96 24,300.00 419,862.08 1,009,506.54 33,627.59 3,792.77 484.30 864.77 10,084.50 20,522.52 0.00 12, 536.48 591.18 884,253.72 56.95 991.08 308.41 1,390.20 33,700.00 34,833.19 89.36 46.27 2,627,730.12 69.60 6,699.96 24,200.04 522,200.00 976,400.00 31,000.00 5,000.00 400.00 7,500.00 13,000.00 26,000.00 1,000.00 20,000.00 1,000.00 199,000.00 0.00 1,700.00 1,000.00 1,500.00 35,400.00 35,000.00 100.00 100.00 3,168,900.00 0.00 6,600.00 26,900.00 456,300.00 1,010,000.00 31,000.00 5,000.00 450.00 7,500.00 14,000.00 26,000.00 1,000.00 20,000.00 2,000.00 199,000.00 0.00 1,700.00 1,000.00 2,500.00 37,100.00 36,000.00 100.00 100.00 3,226,200.00 0.00 6,900.00 29,z 277) 127 2026 Annual Budget Company: SEWER FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 6740 - EQUIPMENT 6765 - IMPROVEMENTS/INFRASTRUCTURE 6,900.19 311.50 125.51 0.00 45,774.53 7,453.06 265.30 135.92 0.00 39,924.65 7,000.00 500.00 200.00 0.00 696,000.00 7,000.00 500.00 200.00 123,000.00 186,000.00 OPERATING EXPENSES 4,601, 827.37 5,174,020.56 5,783,400.00 5,429,950.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 8102 - NET BOOK VALUE (544,343.12) (116,839.76) (97,932.55) 0.00 (738,660.46) (189,155.66) (107,904.46) 82,953.18 917,900.00 274,950.00 (129,000.00) 0.00 0.00 (123,000.00) 0.00 0.00 NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4735 - TRUNK CHARGE - SANITARY 4971 - CAPITAL CONTRIBUTIONS 4110 - SPECIAL ASSESSMENT PRINCIPAL 4111 - SPECIAL ASSESSMENT INTEREST (214,772.31) (211,540.19) (1,787,449.38) (17,742.79) (4,011.89) (214,106.94) (154,223.33) (1,959,615.38) (31,547.11) (10,630.15) (129,000.00) (123,000.00) 0.00 0.00 0.00 0.00 (50,000.00) 0.00 0.00 0.00 CAPITAL CONTRIBUTIONS 8019 - TRANSFER IN FROM CAPITAL FUND 8053 - TRANSFER OUT TO GENERAL FUND 8056 - TRANSFER OUT TO CAPITAL FUNDS (2,020,744.25) 0.00 200,000.00 0.00 (2,156,015.97) 0.00 200,000.00 0.00 0.00 0.00 200,000.00 324,000.00 (50,000.00) 0.00 200,000.00 1,850,000.00 TRANSFERS 200,000.00 200,000.00 524,000.00 2,050,000.00 CAPITAL CONTRIBUTIONS AND TRANSFERS (1,820,744.25) (1,956,015.97) 524,000.00 2,000,000.00 CHANGE IN NET POSITION (2,579,859.68) (2,908,783.37) 1,312,900.00 2,151,950.00 278 128 2026 Annual Budget Fund: Surface Water SHAKOPEF Description of Services: The Public Works Department operates and maintains the surface water system for the City of Shakopee which includes 157 miles of storm sewer and 203 public constructed ponds. Services also include implementing the city's Surface Water Management Plan, managing the City's MS4 program, responding to Gopher State One Call locates and implementing stormwater and erosion control projects. Employees: 2023 2024 2025 2026 Foreperson (PW) Maintenance Operator Environmental Engineer Water Resource Technician 0.5 0.5 0.5 0.5 2 2 2 2 0.8 0.6 0.6 0.6 0 0.2 0.2 0.2 Total 3.3 3.3 3.3 3.3 Accomplishments: ✓ The city has a permit which expires in 2025 through MPCA's National Pollution Discharge Elimination System (NPDES) called the MS4 permit. This permit allows us to discharge stormwater from the city into downstream water bodies (e.g., the Minnesota River). We are actively working with the MPCA to update our permit, and it should be completed in 2026. We will need to apply for a new permit and update official controls to meet any new requirements regarding the permit. ✓ The permit requires the city to establish a comprehensive stormwater management program that includes education and outreach, public participation and involvement, illicit discharge detection and elimination, construction site runoff control, post -construction management, and pollution prevention/good housekeeping. Goals/Challenges: • Many unfunded mandates of the Clean Water and Wetland Conservation Acts and the many overlapping jurisdictional authorities from three different watershed districts within the city, Minnesota Board of Water and Soil Resources, Army Corps of Engineers, Minnesota Department of Natural Resources, Minnesota Pollution Control Agency (MPCA), Scott County, and the Minnesota Department of Transportation • The number of ponds and wetlands continue to increase as the city develops, and more area is annexed into the city. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Sweeping Annual Cost Catch Basins Repaired Ponds Inspected Number of Ponds (Public & Private) Acres of Wetlands $156,847 $155,036 $172,500 $165,000 34 20 40 40 84 93 62 85 415 442 445 450 2228 2228 2228 2228 279 129 Organization Chart: Mayor & Council I City Administrator Public Works Director City Engineer Public Works Supervisor Environmental Engineer Foreman (Utility) Water Resource Technician Maintenance Operator Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project's location, description and source and use of funds. 280 130 2026 Annual Budget Company: SURFACE WATER FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07300 - SURFACE WATER FUND OPERATING REVENUES: 4745 - STORM CHARGES 4680 - MISC PUBLIC WORKS 4850 - MISCELLANEOUS 4113 - CERTIFIED UNPAID FEES- STORM 4112 - SPECIAL ASSESSMENT PENALTIES (1,350,796.31) (1,384,921.89) (1,390,500.00) (22,000.00) (22,000.00) (21,000.00) (80,725.30) (76,300.67) 0.00 (3,675.70) (3,124.46) 0.00 (58.27) (78.89) 0.00 (1,406,000.00) (22,000.00) 0.00 (3,000.00) 0.00 OPERATING REVENUES OPERATING EXPENSES: 6002 - WAGES 6005 - OVERTIME -FT 6015 - WAGES - PART TIME/TEMP 6017 - OVERTIME -PART TIME/TEMP 6122-PERA 6124 -FICA 6135 - HEALTH 6136 - PAID FAMILY LEAVE 6139 - POST EMPLOYMENT HEALTH PLAN 6140 - LIFE/LTD 6145 - DENTAL 6170 - WORKERS COMPENSATION 6180 - COMPENSATED ABSENCES 6185 - OPEB 6186 - PENSION EXPENSE (1,457,255.58) (1,486,425.91) (1,411,500.00) 424,545.39 530,895.29 3,591.98 2,324.89 35,234.18 24,697.58 0.00 85.30 31,730.75 39,821.43 33,187.14 39,443.84 54,037.82 80,801.15 0.00 0.00 2,538.99 3,140.02 1,196.80 1,481.14 1,894.12 2,477.70 27,733.53 25,980.00 (5,030.17) 121.06 (2,141.00) (2,813.00) 18,715.00 3,162.00 550,500.00 6,000.00 36,200.00 0.00 41,700.00 45,200.00 56,100.00 0.00 1,600.00 700.00 1,600.00 22,600.00 4,700.00 0.00 0.00 (1,431,000.00) 702,800.00 6,000.00 37,300.00 0.00 53,200.00 57,000.00 51,900.00 1,300.00 1,600.00 800.00 1,600.00 11,100.00 4,900.00 0.00 0.00 WAGES & BENEFITS 6502 - DEPRECIATION EXPENSE 6202 - SUPPLIES 6212 - UNIFORMS/CLOTHING 6213 - MEETINGS 6215 - MATERIALS 6222 - FUEL 6240 - EQUIPMENT REPAIR & MAINTENANCE 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6334 - TELEPHONE 6336 - PRINTING/PUBLISHING 6339 - CABLE/INTERNET 6351 - INSURANCE PREMIUM (IS FUND) 6362 - ELECTRIC 6367 - REFUSE 6410 - SOFTWARE 6415 - INFORMATION TECHNOLOGY RENT (IS FUND) 6420 - EQUIPMENT LEASES 6430 - BUILDING RENT (IS FUND) 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 627,234.53 751,618.40 1,143,079.39 1,180,117.44 29,296.96 29,037.03 1,970.96 2,971.71 287.32 484.30 933.14 7,826.46 25,002.88 22,807.58 68,110.70 54,504.34 0.00 0.00 4,340.00 22,844.83 0.00 591.19 137,941.75 97,949.32 1,181.18 1,486.62 649.32 308.41 1,019.51 489.96 9,400.00 11,300.00 529.14 0.00 20,008.77 16,266.09 64.80 69.60 7,899.84 8,400.00 0.00 1,625.00 14,800.08 14,900.04 3,717.11 4,698.37 766,900.00 1,143,000.00 49,500.00 6,500.00 350.00 21,000.00 34,400.00 48,000.00 5,000.00 20,000.00 0.00 162,500.00 2,000.00 1,000.00 1,700.00 11,900.00 600.00 20,000.00 0.00 11,500.00 4,000.00 16,900.00 8,000.00 929,500.00 1,180,000.00 39,000.00 6,500.00 400.00 20,000.00 27,000.00 48,000.00 5,000.00 20,000.00 0.00 166,500.00 2,000.00 1,000.00 1,700.00 7,700.00 600.00 20,000.00 0.00 11,300.00 4,000.00 18,7nn n0 8,(281 131 2026 Annual Budget Company: SURFACE WATER FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 6476 - MILEAGE 6480 - DUES 6490 - SUBSCRIPTIONS/PUBLICATIONS 6740 - EQUIPMENT 6765 - IMPROVEMENTS/INFRASTRUCTURE 0.00 311.50 125.50 0.00 43,230.40 0.00 530.30 135.92 0.00 44,132.54 500.00 450.00 150.00 9,900.00 1,542,850.00 500.00 450.00 200.00 21,100.00 845,000.00 OPERATING EXPENSES 2,141,134.78 2,275,095.45 3,888,600.00 3,384,150.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4490 - OTHER GRANTS/AIDS 4482 - COUNTY GRANTS/AIDS 8101 - PROCEEDS CAPITAL ASSET SALES 683,879.20 (283,003.28) (382,490.80) 0.00 (81,409.00) (3,490.21) 788,669.54 (363,423.61) (179,722.45) 0.00 (114,779.86) (2,746.33) 2,477,100.00 (225,000.00) 0.00 0.00 0.00 0.00 1,953,150.00 (230,000.00) 0.00 0.00 0.00 0.00 NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4746 - TRUNK CHARGE - STORM 4971 - CAPITAL CONTRIBUTIONS 4110 - SPECIAL ASSESSMENT PRINCIPAL (750,393.29) (497,509.40) (2,556,962.07) 0.00 (660,672.25) (1,166,230.87) (2,832,471.24) 0.00 (225,000.00) (100,000.00) 0.00 (3,000.00) (230,000.00) (200,000.00) 0.00 0.00 CAPITAL CONTRIBUTIONS 8053 - TRANSFER OUT TO GENERAL FUND 8056 - TRANSFER OUT TO CAPITAL FUNDS TRANSFERS (3,054,471.47) 200,000.00 0.00 200,000.00 (3,998,702.11) 200,000.00 0.00 200,000.00 (103,000.00) 200,000.00 985,000.00 1,185,000.00 (200,000.00) 200,000.00 2,249,300.00 2,449,300.00 CAPITAL CONTRIBUTIONS AND TRANSFERS (2,854,471.47) (3,798,702.11) 1,082,000.00 2,249,300.00 CHANGE IN NET POSITION (2,920,985.56) (3,670,704.82) 3,334,100.00 3,972,450.00 282 132 2026 Annual Budget Fund: Refuse Fund SHAKOPEE Description of Services: The city originally purchased and provided refuse and recycling carts to Shakopee residents. In 2021, the city solicited proposals for organized collection for the upcoming five-year period and City Council approved a change in hauler from Republic Services to Dick's Sanitation beginning January 2022. The new hauler purchased all remaining carts from the city and cart ownership is the responsibility of the hauler. Accomplishments: ✓ The City receives a monthly payment of $7,500 for the first 60 months of the contract, which began January 31, 2022. ✓ The payments were used to pay down the interfund loan with the Sewer fund that was used for the original refuse and recycling cart purchase. ✓ The interfund loan was paid off in 2025. 283 133 2026 Annual Budget Company: REFUSE FUND OBJECT ACCOUNT ACTUAL ACTUAL BUDGET 2023 2024 2025 REQUESTED BUDGET 2026 07400 - REFUSE FUND OPERATING REVENUES: 4751 - REFUSE CHARGES (90,000.00) (90,000.00) (90,000.00) (90,000.00) OPERATING REVENUES (90,000.00) (90,000.00) (90,000.00) (90,000.00) OPERATING EXPENSES: OPERATING EXPENSES 0.00 0.00 0.00 0.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 6890 - DEBT SERVICE - OTHER CHARGES (90,000.00) (90,000.00) (90,000.00) (90,000.00) 328.37 (539.26) 2,134.07 595.92 98.77 1,067.03 0.00 0.00 0.00 0.00 0.00 0.00 NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 1,923.18 1,761.72 0.00 0.00 CHANGE IN NET POSITION (88,076.82) (88,238.28) (90,000.00) (90,000.00) 284 134 INTERNAL SERVICE FUND The Internal Service Funds are used to account for the financing of major mobile equipment, major governmental buildings, park assets, information technology items and insurance. SUMMARY EQUIPMENT I.S. FUND PARK ASSET INFO TECH I.S. I.S. FUND FUND REVENUES: OPERATING REVENUES 1,875,000 709,100 675,000 EXPENSES: OPERATING EXPENSES (3,979,000) (1,235,000) (828,000) DEPRECIATION 0 0 0 OPERATING INCOME (LOSS) (2,104,000) (525,900) (153,000) NON -OPERATING INCOME 215,000 200,000 25,000 NON -OPERATING EXPENSES 0 0 0 NET INCOME (LOSS) BEFORE TRANSFER (1,889,000) (325,900) (128,000) CAPITAL CONTRIBUTION 0 0 0 TRANSFERS IN 0 150,000 0 TRANSFERS OUT 0 (300,000) 0 NET INCOME (LOSS) 1,889,000 475,900 128,000 285 135 2026 Annual Budget BUILDING I.S. FUND SELF INTERNAL INSURANCE SERVICE I.S. FUND FUNDS TOTAL 1,557,100 1,196,400 4,816,200 (3,138,800) (1,237,400) (9,180,800) 0 0 0 (1,581,700) (41,000) (4,364,600) 1,100,000 25,000 1,540,000 0 0 0 (481,700) (16,000) (2,824,600) 0 0 0 0 0 150,000 0 (350,000) (300,000) 481,700 366,000 2,974,600 286 136 2026 Annual Budget Equipment Internal Service Fund SHaKOPFE Establishment: The Equipment Fund was established by Resolution #4077 in 1994. Description of Services: This fund finances the multi -year Equipment Plan. Financing to purchase equipment is provided by "rent" payments from the operating departments at rates established annually by the Finance Department as part of the budget process. Equipment for the Sewer and Storm Drainage enterprise funds is not included. The Equipment Fund shall "own" and acquire larger pieces of equipment including but not limited to cars, trucks, graders, loaders, tractors and larger mowers or items generally costing $20,000 or more. Accomplishments: ✓ 20 -year CIP was updated for long range financial planning. ✓ Fire Department restructured equipment to meet future needs. Goals/Challenges: • With nearly 400 pieces of equipment and vehicles, it is important to have a well -planned vehicle replacement program. • Raising inflation on vehicles and longer waiting times on orders makes replacing equipment and vehicles more costly. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Cost of Vehicles Added/Replaced $1,075,777 $2,610,250 $1,900,300 $3,979,000 # of Vehicles Added/Replaced 22 29 23 26 Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project's location, description and source and use of funds. A full 20 -year equipment replacement plan, encompassing all equipment and vehicles, is included as an appendix in the CIP. 287 137 2026 Annual Budget Company: EQUIPMENT I.S. FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07800 - EQUIPMENT I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES) (1,364,700.00) (1,579,299.96) (1,699,300.00) (1,875,000.00) OPERATING REVENUES OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE 6530 - LEASE ACCUMULATED AMORTIZATION 6420 - EQUIPMENT LEASES 6740 - EQUIPMENT (1,364,700.00) (1,579,299.96) 953,017.27 8,191.59 0.00 0.00 910,802.12 32,766.36 0.00 157,439.20 (1,699,300.00) 0.00 0.00 0.00 1,900,300.00 (1,875,000.00) 0.00 0.00 0.00 3,979,000.00 OPERATING EXPENSES 961,208.86 1,101,007.68 1,900,300.00 3,979,000.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4450 - STATE GRANTS & AIDS 4490 - OTHER GRANTS/AIDS 6835 - LEASE INTEREST PAYMENT 8101 - PROCEEDS CAPITAL ASSET SALES 8102 - NET BOOK VALUE 4853 - INSURANCE REIMBURSEMENT 4855 - SALE OF ASSETS (403,491.14) (172,152.75) (178,627.46) 0.00 0.00 1,650.72 (766,443.18) 183,266.78 (327.29) 0.00 (478,292.28) (215,846.44) (130,711.35) 0.00 0.00 3,994.14 (559,807.40) 202,439.24 (603.28) (14,200.00) 201,000.00 2,104,000.00 (170,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (15,000.00) (200,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (15,000.00) NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS CAPITAL CONTRIBUTIONS (932,633.18) (714,735.09) (173,691.95) (156,122.86) (173,691.95) (156,122.86) (185,000.00) 0.00 0.00 (215,000.00) 0.00 0.00 TRANSFERS 0.00 0.00 0.00 0.00 CAPITAL CONTRIBUTIONS AND TRANSFERS (173,691.95) (156,122.86) 0.00 0.00 CHANGE IN NET POSITION (1,509,816.27) (1,349,150.23) 16,000.00 1,889,000.00 288 138 2026 Annual Budget Park Asset Internal Service Fund SHaKOPFE Establishment: The Fund was established in 2007. Description of Services: This fund finances the replacement of park assets. Financing to accomplish this is provided by "rental" payments from the park maintenance division at rates established annually by the Finance Department as part of the budget process. Accomplishments: Replaced/updates at our current parks in 2025, all the items below are from a team effort, from city staff: ✓ Annual trail reconstruction: UVDD from Vierling drive to Goldenrod. ✓ Annual fence replacement: additional fencing around Schleper Stadium Goals/Challenges: • Aging infrastructure and rising inflation. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 # of Park Projects 4 6 2 3 Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project's location, description and source and use of funds. 289 139 2026 Annual Budget Company: PARK ASSET I.S. FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07805 - PARK ASSET I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES) (635,900.04) (659,100.00) (669,100.00) (709,100.00) OPERATING REVENUES OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE 6202 - SUPPLIES 6215 - MATERIALS 6310 - ATTORNEY 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6765 - IMPROVEMENTS/INFRASTRUCTURE (635,900.04) 430,052.22 0.00 1,583.25 980.00 0.00 0.00 19,402.00 42,214.75 (659,100.00) 445,918.64 0.00 0.00 0.00 0.00 0.00 12,775.00 59,741.87 (669,100.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 175,000.00 (709,100.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,235,000.00 OPERATING EXPENSES 494,232.22 518,435.51 175,000.00 1,235,000.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4410 - FEDERAL GRANTS 4450 - STATE GRANTS & AIDS 8102 - NET BOOK VALUE (141,667.82) (50,433.77) (51,750.25) 0.00 0.00 62,233.04 (140,664.49) (65,461.36) (34,933.15) 0.00 0.00 0.00 (494,100.00) (32,500.00) 0.00 0.00 0.00 0.00 525,900.00 (50,000.00) 0.00 0.00 (150,000.00) 0.00 NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS CAPITAL CONTRIBUTIONS 8013 - TRANSFER IN FROM ENTERPR FUND 8019 - TRANSFER IN FROM CAPITAL FUND 8053 - TRANSFER OUT TO GENERAL FUND 8056 - TRANSFER OUT TO CAPITAL FUNDS (39,950.98) 2,390.25 2,390.25 0.00 0.00 0.00 280,000.00 (100,394.51) 0.00 0.00 0.00 0.00 0.00 0.00 (32,500.00) 0.00 0.00 0.00 0.00 0.00 0.00 (200,000.00) 0.00 0.00 (150,000.00) 0.00 0.00 300,000.00 TRANSFERS 280,000.00 0.00 0.00 150,000.00 CAPITAL CONTRIBUTIONS AND TRANSFERS 282,390.25 0.00 0.00 150,000.00 CHANGE IN NET POSITION 100, 771.45 (241,059.00) (526,600.00) 475,900.00 290 140 2026 Annual Budget Information Technology Internal Service Fund SHAKOPEE Establishment: The fund was established in 2010 by Resolution No. 7001. Description of Services: This fund finances the replacement and acquisition of information technology including computers, printers, copiers and network items. Financing to accomplish this is provided by charges to benefiting divisions at rates established annually by the Finance Department as part of the budget process. Accomplishments: ✓ Executed fiber use agreement with Scott County after several years of negotiation and legal review. Goals/Challenges: • Changing technology and growing employee base. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 Deployed Computers Surveillance Cameras and Network Infrastructure 248 260 250 260 215 230 215 240 User License (Microsoft O365) 230 230 240 240 Conference Rooms 18 18 18 19 Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project location, description and source and use of funds. 291 141 2026 Annual Budget Company: INFO TECH I.S. FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07806 - INFO TECH I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES) (612,000.00) (651,999.72) (655,000.00) (675,000.00) OPERATING REVENUES OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE 6520 - SBITA ACCUMULATE AMORTIZATION 6202 - SUPPLIES 6204 - MINOR EQUIPMENT (NOT CAPITALIZED) 6240 - EQUIPMENT REPAIR & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6339 - CABLE/INTERNET 6410 - SOFTWARE 6420 - EQUIPMENT LEASES 6472 - CONFERENCE/SCHOOL/TRAINING (ALL EXPENSES) 6740 - EQUIPMENT (612,000.00) 19,752.49 46,641.35 157,629.73 0.00 0.00 65,419.36 235.35 259,130.41 0.00 0.00 0.00 (651,999.72) 85,129.11 158,102.25 19,695.12 182,516.31 0.00 121,850.87 825.30 239,252.05 50.88 0.00 0.00 (655,000.00) 0.00 0.00 40,000.00 265,000.00 0.00 233,000.00 0.00 300,000.00 0.00 0.00 285,000.00 (675,000.00) 0.00 0.00 45,000.00 188,000.00 0.00 285,000.00 0.00 310,000.00 0.00 0.00 0.00 OPERATING EXPENSES 548,808.69 807,421.89 1,123,000.00 828,000.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 6836 - SBITA INTEREST PAYMENT 4855 - SALE OF ASSETS (63,191.31) (28,341.07) (38,628.17) 2,510.09 0.00 155,422.17 (33,969.60) (19,327.85) 8,936.34 0.00 468,000.00 (21,000.00) 0.00 0.00 0.00 153,000.00 (25,000.00) 0.00 0.00 0.00 NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS CAPITAL CONTRIBUTIONS 8019 - TRANSFER IN FROM CAPITAL FUND (64,459.15) 0.00 0.00 0.00 (44,361.11) (10,000.00) (10,000.00) 0.00 (21,000.00) 0.00 0.00 0.00 (25,000.00) 0.00 0.00 0.00 TRANSFERS 0.00 0.00 0.00 0.00 CAPITAL CONTRIBUTIONS AND TRANSFERS 0.00 (10,000.00) 0.00 0.00 CHANGE IN NET POSITION (127,650.46) 101,061.06 447,000.00 128,000.00 292 142 PlikA SHaKOPFE Government Building Asset Internal Service Fund 2026 Annual Budget Establishment: Council established the Building Fund in 1998. The scope of the fund was expanded in 2000 to include major repairs defined as those without which the building would be unusable for its intended purpose. It was further expanded in 2008 to include energy savings or green initiatives such as lighting upgrades, boiler modifications, etc. Description of Services: This fund finances the future purchase, major reconstruction, and additions to City owned buildings including City Hall, Library, Community Center, Ice Arena, Log Cabin, SandVenture, Public Works, Police, and Fire Stations. Financing to accomplish this is provided by "rental" payments from the operating departments at rates established annually by the Finance Department as part of the budget process. The Building Fund shall "own" and acquire these buildings. Accomplishments: ✓ SandVenture construction was completed, and the facility was fully operational for the 2025 season. ✓ Fire Station 1 underwent its first significant renovation since it was built in order to allow for dorm spaces for full- time staff, and a reconfiguration of the existing office spaces. Goals/Challenges: • Aging infrastructure and rising inflation. • Planning for the long-term use of city facilities as staff and equipment continues to evolve. • Fire Station 2 remodel to allow for dorm spaces in anticipation of hiring additional full-time staff. Performance Measures: Actual Actual Projected Projected 2023 2024 2025 2026 # of Projects 10 8 13 10 Capital Improvement Plan: The city prepares a five-year capital improvement program (CIP). A separate CIP document was approved by Council on October 21, 2025. The CIP book provides a summary of each project location, description and source and use of funds. 293 143 2026 Annual Budget Company: BUILDING I.S. FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07810 - BUILDING I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES) 4850 - MISCELLANEOUS OPERATING REVENUES OPERATING EXPENSES: 6502 - DEPRECIATION EXPENSE 6202 - SUPPLIES 6215 - MATERIALS 6312 - ENGINEERING/DESIGN CONSULTANTS 6315 - BUILDING REPAIRS & MAINTENANCE 6327 - PROFESSIONAL SERVICES 6740 - EQUIPMENT 6765 - IMPROVEMENTS/INFRASTRUCTURE (1,231,200.00) (1,398,500.04) (1,428,000.00) (1,557,100.00) 0.00 0.00 0.00 0.00 (1,231,200.00) (1,398,500.04) (1,428,000.00) (1,557,100.00) 685,477.54 785,542.16 0.00 0.00 0.00 10,768.07 0.00 8,644.54 20,209.54 28,000.00 14,900.75 30,311.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13,649,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,138,800.00 OPERATING EXPENSES 720,587.83 863,266.61 13,649,000.00 3,138,800.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4410 - FEDERAL GRANTS 6890 - DEBT SERVICE - OTHER CHARGES 8102 - NET BOOK VALUE (510,612.17) (181,573.74) (183,700.48) 0.00 13,750.00 463,093.34 (535,233.43) 12,221,000.00 1,581,700.00 (192,893.43) (89,000.00) (100,000.00) (192,462.74) 0.00 0.00 0.00 (13,000,000.00) (1,000,000.00) 12,375.00 0.00 0.00 0.00 0.00 0.00 NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS CAPITAL CONTRIBUTIONS 8010 - TRANSFER IN FROM GENERAL FUND 8018 - TRANSFER IN FROM SPEC REV FUND TRANSFERS 111,569.12 (372,981.17) (13,089,000.00) (1,100,000.00) (8,670.00) (160,904.80) (8,670.00) (160,904.80) 0.00 (1,000,000.00) (2,940,128.18) 0.00 (2,940,128.18) (1,000,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 CAPITAL CONTRIBUTIONS AND TRANSFERS (2,948,798.18) (1,160,904.80) 0.00 0.00 CHANGE IN NET POSITION (3,347,841.23) (2,069,119.40) (868,000.00) 481,700.00 294 144 2026 Annual Budget Self Insurance Internal Service Fund SHaKOPFE Establishment: The Self Insurance Fund was created in 2016. The initial contribution was from savings realized from increasing deductible premiums for the property/casualty policy. General liability moved to the self insurance fund during the 7/1/16 renewal. Workers Compensation moved to the self insurance fund as of the 1/1/17 renewal. In addition, a 2016 transfer of $75,000 from the General Fund surplus created an initial balance suitable for covering claims expenses. In 2017 funds were set aside to work toward health insurance self insurance. The goal of the fund is to establish an appropriate fund balance with the goal of moving towards a self insurance program, thus realizing the benefit of reduced premiums. Description of Services: This fund pays the costs related to the City's workers' compensation and property/casualty insurance policies through charges received from city departments and divisions. Coverage is maintained through the League of Minnesota Cities Insurance Trust (LMCIT). Accomplishments: V Scott County and surrounding Cities are in talks of working toward a pooled insurance program for health insurance. Goals/Challenges: • Rising rates, aging workforce and increased property and equipment. Workers Compensation: Actual Actual Projected Projected 2023 2024 2025 2026 Deductible $25,000 $25,000 $25,000 $25,000 Amount Paid $58,806 $23,306 $40,000 N/A Experience Modification (less than 1.0 is good) 0.58 0.54 0.66 N/A General Liability: Actual Actual Projected Projected 2023 2024 2025 2026 Deductible $50,000 $50,000 $75,000 $75,000 $41,725 $42,633 $30,000 N/A Amount Paid Experience Modification (less than 1.0 is good) 0.773 0.754 0.939 N/A 295 145 2026 Annual Budget Company: SELF INSURANCE I.S. FUND OBJECT ACCOUNT ACTUAL 2023 ACTUAL 2024 BUDGET 2025 REQUESTED BUDGET 2026 07820 - SELF INSURANCE I.S. FUND OPERATING REVENUES: 4840 - RENTS (INTERNAL CHARGES) 4853 - INSURANCE REIMBURSEMENT OPERATING REVENUES OPERATING EXPENSES: 6352 - LIABILITY 6471 - WELLNESS PROGRAM 6610 - AWARDS & DAMAGES (1,323,367.94) (1,117,667.27) (1,439,700.00) (1,191,400.00) (5,431.20) (59,392.20) (5,000.00) (5,000.00) (1,328,799.14) (1,177,059.47) (1,444,700.00) (1,196,400.00) 857,717.86 0.00 100,530.33 809,933.35 0.00 65,938.43 1,439,700.00 1,000.00 70,000.00 1,191,400.00 1,000.00 45,000.00 OPERATING EXPENSES 958,248.19 875,871.78 1,510,700.00 1,237,400.00 OPERATING (INCOME) LOSS NONOPERATING (REVENUES) EXPENSES: 4833 -INTEREST 4834 - CHANGE IN FAIR MARKET VALUE 4843 - COMMISSIONS 4852 - INSURANCE DIVIDENDS/FEES (370,550.95) (301,187.69) (69,779.15) (83,813.65) 0.00 (27,053.00) (94,140.27) (46,316.00) 0.00 (80,324.00) 66,000.00 41,000.00 (5,000.00) 0.00 0.00 (20,000.00) (5,000.00) 0.00 0.00 (20,000.00) NONOPERATING (REVENUES) EXPENSES CAPITAL CONTRIBUTIONS AND TRANSFERS: 4971 - CAPITAL CONTRIBUTIONS CAPITAL CONTRIBUTIONS 8053 - TRANSFER OUT TO GENERAL FUND (180,645.80) (220,780.27) (25,000.00) (25,000.00) 47,525.00 49,725.50 47,525.00 0.00 0.00 0.00 49,725.50 0.00 0.00 0.00 350,000.00 350,000.00 TRANSFERS 0.00 0.00 350,000.00 350,000.00 CAPITAL CONTRIBUTIONS AND TRANSFERS 47,525.00 49,725.50 350,000.00 350,000.00 CHANGE IN NET POSITION (503,671.75) (472,242.46) 391,000.00 366,000.00 296 146 BLANK 297 147 Appendix FINANCIAL POLICY OBJECTIVE The City of Shakopee has an important responsibility to its citizens to plan the adequate funding of services desired by the public, including the provision and maintenance of public facilities, to manage municipal finances and resources wisely, and to carefully account for public funds. The city strives to ensure that it is capable of adequately funding and providing local government services needed by the community. The city will maintain or improve its infrastructure on a systematic basis to maintain quality neighborhoods. These policies provide the framework for fiscal management and guide the decision -making process. The policies operate independently of changing circumstances and conditions. Objectives 1. To protect the council's policy -making ability by ensuring that important decisions are not controlled by financial problems or emergencies. 2. To enhance the council's policy -making ability by providing accurate information on the cost of various authority or service levels. 3. To assist sound management of the city government by providing accurate and timely information on financial condition. 4. To provide sound principles to guide the important decisions of the council and of management which have significant fiscal impact. 5. To set forth operational principals which minimize the cost of local government, to the extent consistent with services desired by the public, and which minimize financial risk. 6. To employ revenue policies and forecasting tools to prevent undue or unbalanced reliance on certain revenues, especially property taxes, which distribute the cost of municipal services fairly, and which provide adequate funds to operate desired programs. 7. To provide essential public facilities and prevent deterioration of the city's infrastructure including its various facilities. 8. To protect and enhance the city's credit rating and prevent default on any municipal debts. 9. Ensure the legal use and protection of all city funds through a good system of financial and accounting controls. 10. Manage risk through loss awareness, loss prevention, loss control and loss financing. OPERATING BUDGET POLICY (34.20.01.P Adopted 11/5/2025) The operating budget policy ensures that the city's annual operating expenditures are consistent with past expenditures and responds to long-term objectives rather than short-term benefits. The policy allows the city to maintain a stable level of service, expenditures and tax levies over time. These policies are most critical to programs funded with property tax revenue because accommodating large fluctuations in this revenue can be difficult. 1. The city will adopt a balanced operating budget for the General Fund with current revenues equal or greater than current expenditures. It is not the policy to finance ongoing operations with one-time revenues or fund balance. One-time revenues and fund balance will only be used for one-time expenditures. 2. An objective analytical process will be used to forecast revenues. 3. Opportunities for other revenue sources will be explored to reduce property tax levels. 4. The city will avoid postponing expenditures and provide for the adequate maintenance, replacement and improvement of the city's physical assets to protect the capital investment and minimize future maintenance and replacement costs. 5. To protect against unforeseen events, the city will budget a contingency and maintain fund balances according to the city's policies. 6. The city will apportion its administrative and general government costs to all funds as appropriate and practical. 298 148 7. Budgets are legally adopted at the division level for the General Fund and Economic Development Authority (EDA). Staff may shift budget amounts within divisions but governing body action is needed to change division or fund totals. 8. Budgets are prepared, but not formally adopted for special revenue funds, debt service funds, capital project funds, enterprise funds and internal service funds. 9. The city staff will monitor revenues and expenditures to adhere to their budgeted amounts. Monthly reports comparing budget with revenues and expenditures will be prepared. Line items within a division may be overspent if the total division budget is not overspent. 10. Appropriations will be included in the operating budgets to keep internal service fund resources at an appropriate level. 11. Appropriations lapse at year end with the exception of capital projects and capital assets that may carry forward to the subsequent year. 12. The City will publish the annual budget on its official website following the adoption by the City Council. FUND BALANCE/NET POSITION POLICY (34.12.01.P Adopted 4/2/2019) The purpose of the fund balance policy is to provide adequate working capital for cash flow and contingency purposes, while maintaining reasonable tax rates and user fees. The Government Finance Officers Association (GFOA's) guiding principle for classifying the various components of fund balance is to indicate the extent to which the government is bound to honor constraints on the specific purposes for which amounts in the fund can be spent. Following governmental accounting standards, the City has three basic categories: governmental funds, proprietary funds, and fiduciary funds. The fund balance classification policy applies only to the governmental and proprietary categories. 1. Fund Balance/Net Position — Fund balance is the difference between the assets and liabilities in a governmental fund. A governmental fund generally involves tax support and the focus of accounting is the flow or control of money. The General, Special Revenue, Debt Service and Capital Projects funds are governmental funds. Net Position is similar to fund balance but applies to enterprise and internal services fund and has a longer -term focus including fixed assets, accumulated depreciation and long-term debt. 2. Nonspendable Fund Balance — Amounts that are not in a spendable form (e.g., prepaid items and inventories of supplies). Resources that must be maintained intact pursuant to legal or contractual requirements are also considered nonspendable. 3. Restricted Fund Balance — amounts subject to externally enforceable legal restrictions (creditors, grantors, contributors, and by law through constitutional provisions or enabling regulations). 4. Unrestricted Fund Balance — the total of committed fund balance, assigned fund balance, and unassigned fund balance, as described below. a) Committed Fund Balance — amounts that can be used only for the specific purposes determined by a formal action of the government's highest level of decision -making authority (City Council). Commitments may be changed or lifted only by the City Council taking the same formal action that imposed the constraint originally. The City Council must take action on these commitments before year end. b) Assigned Fund Balance — amounts a government intends to use for a specific purpose; intent can be expressed by the government body or by an official or body to which the governing body delegates the authority. c) Unassigned Fund Balance — amounts that are available for any purpose in the general fund. Only the general fund can report a positive amount of unassigned fund balance. 299 149 General Fund The General Fund is established to account for all revenues and expenditures which are not required to be accounted for in other funds. Revenue sources include property taxes, license and permit fees, fines and forfeits, program revenues, intergovernmental revenues, investment interest earnings, and transfers. The General Fund's resources finance a wide range of functions including the operations of general government, public safety, public works, and recreation. The General Fund may have a portion of its fund balance classified as nonspendable if there are long term receivables, inventories, or prepaid items on the balance sheet. The General Fund is the only fund that can have any unassigned positive fund balance. The working capital balance of the general fund will fall into the unassigned fund balance classification. The target level of unassigned fund balance as recommended by the Office of the Minnesota State Auditor is 35 to 50% of ensuing year's expenditure budget. This amount of unassigned fund balance will provide adequate funds until the next property tax revenue collection cycle for cash flow, unexpected decline in revenue Unassigned fund balance can be spent down by City Council action or appropriation or due to emergency situations. Replenishing fund balance when it falls below the target level shall be accomplished by interfund transfers or budgeting for expenditures and other uses to be less than revenue and other sources over a period not to exceed three years. Annually the City Council will decide what to do with the General Fund unassigned fund balance that exceeds 50% of the ensuing year's expenditure budget. Any excess fund balance transfers will not be used as a funding source for ongoing recurring expenditures. Unrestricted fund balance can be spent down by City Council action, appropriation or due to emergency situations. Replenishing fund balance when it falls below the target level shall be accomplished by inter -fund transfers or budgeting for expenditures and other uses to be less than revenue and other sources over a period not to exceed three years. Special Revenue Funds These funds shall maintain sufficient fund balance to provide for working capital. Debt Service Funds These funds shall maintain sufficient fund balance to provide for the timely payment of principal, interest and service charges. Capital Project Funds There are no fund balance requirements for these funds. Long-range planning through use of the Capital Improvement Plan (CIP) and other forecasting methods should be utilized to ensure long-term sustainability. Enterprise Funds These funds shall have sufficient equity and liquid assets to provide for six to twelve months operating costs, annual debt service requirements and at least ten percent (10%) of accumulated depreciation to provide for capital outlay. Internal Service Funds These funds shall have sufficient equity to smooth out the "peaks and valleys" of major expenditures over the long term; provide funding equal to at least the current liability for employee compensated absences and other post - employment benefits; and provide sufficient funding to take advantage of premium discounts for general liability and workers' comp premiums. Order of Fund Balance Spend -down When both restricted and unrestricted resources are available for use, it is the City's policy to first use restricted resources, and then use unrestricted resources as they are needed. When unrestricted resources are available for use, it is the City's policy to use resources in the following order: (1) committed, (2) assigned, and (3) unassigned. 300 150 Assigning Fund Balance The City Council can assign fund balance by expressing its intent or the Finance Director is hereby authorized to assign fund balance. REVENUE AND EXPENDITURE POLICY (34.21.01.P Adopted 11/5/2025) The revenue and expenditure policy is designed to ensure; 1) diversified and stable revenue sources, 2) adequate long-term funding by using specific revenues sources to fund related programs and services, and 3) funding levels to accommodate needed city services and programs equitably. 1. The city will provide long-term financial stability through sound short and long-term financial planning. The city will maintain a diversified and stable revenue system in order to avoid short-term fluctuations in a single revenue source. 2. Annual revenues will be conservatively estimated. All existing and potential revenue sources will be re- examined annually. 3. One-time or special purpose revenue will be used for capital expenditures or for expenditures required by the revenue, and not to subsidize recurring personnel, operation and maintenance costs. 4. To provide the greatest level of flexibility and control over financial resources, the City will apply restricted revenues first when an expense is incurred for purposes for which both restricted and unrestricted revenues are available. 5. The city will establish all fees and charges at a level related to the cost or providing the services, or as adjusted for program goals. The city will review the full cost of activities supported by fees and charges to identify the impact of inflation and other cost increases and will review these fees and charges along with resulting net property tax costs with the council at budget time. 6. The city will consider market rates and charges levied by other public and private organizations for similar services in establishing taxes, fees and charges. 7. The city will see a balanced tax base through support of a sound mix of residential, commercial and industrial development. 8. Enterprise fund fees will be set at a level that fully supports the total direct and indirect cost of the activity (net of any grants or similar revenues), including depreciation or capital assets and debt service, to maintain a positive cash flow and provide adequate working capital. Replacement (or bonding for replacement) or enterprise infrastructure will be paid for from accumulated (or annual) earnings of the fund. 9. The city will budget 99% of the tax levy to allow for delinquencies and adjustments. 10. The city will offset reduced revenues with reduced expenditures. 11. Department heads are responsible to monitor their respective budget and control spending so that the budget is not exceeded. Expenditures over $25,000 will have prior council approval. Any unauthorized expenditure or exceeding the budget may be a personal obligation of the person incurring the obligation. 301 151 ACCOUNTING, AUDITING AND FINANCIAL REPORTING POLICY (34.22.01.P Adopted 11/5/2025) The accounting, auditing and financial reporting policy is designed to maintain a system of financial monitoring, control and reporting for all operations and funds in order to provide an effective means of ensuring that overall city goals and objectives will be met and to assure the city's residents and investors that the city is well managed and fiscally sound. 1. The city will adhere to a policy of full and open public discourse of all financial activity. The proposed budget will be prepared in a manner to maximize its understanding by citizens and elected officials. Copies of financial documents will be made available to all interested parties. Opportunities will be provided for full citizen participation prior to adopting the budget. 2. The city will maintain its accounting records and report on its financial condition and results of operation in accordance with city, state and federal law and regulations, and Generally Accepted Accounting Principles (GAAP), and standards established by the Governmental Accounting Standards Board (GASB). Budgetary reporting will be in accordance with City and State budget laws. 3. An independent firm of certified public accountants will annually perform a financial and compliance audit of the City's financial statements. Their opinions will be contained in the City's Annual Comprehensive Financial Report (ACFR). 4. As an additional independent confirmation of the quality of the city's financial reporting, the city will annually seek to obtain the Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting. The ACFR will be presented in a way designed to communicate with residents about the financial affairs of the city. DEBT POLICY (34.17.01.P Adopted 10/21/2025) The debt policy ensures that the city's debt 1) does not weaken the city's financial structure; and 2) provide limits on debt to avoid problems in servicing debt. This policy is critical for maintaining the best possible credit rating. 1. Long-term debt will not be used for current operations. 2. The city will avoid the issuance of short-term debt such as: Budget, Tax and Revenue Anticipation Notes. 3. Long-term borrowing will be confined to capital improvements, equipment or projects that have a life of more than 5 years and cannot be financed from current revenues. 4. The city will use special assessments, revenue bonds, and/or other available self-liquidating debt measures instead of general obligation bonds where and when possible, applicable and practical. 5. Debt will be paid back within a period not to exceed the expected life of the project or asset being financed. 6. Tax supported debt such as building bonds shall not exceed a term of 20 years unless there are extraordinary reasons. 7. Debt supported by special assessments shall have a term of 10 years or less depending on the size of the assessments. 8. The city will not exceed three percent of the market value of taxable property for general obligation debt per state statutes. 9. The city will maintain good communications with bond rating agencies about its financial condition and will follow a policy of full disclosure in every Annual Comprehensive Financial Report and official statement. The city will comply with Securities Exchange Commission (SEC) reporting requirements. 10. The city may refinance or call any debt issue when beneficial for future savings. 11. The maturity of direct debt shall have a 50% maturity in ten years or less. 12. The city will conservatively project the revenue sources that will be utilized to repay the debt (i.e., taxes for general obligation debt are levied at 105% of the required debt service). 13. Business/development subsidy financing will be based on pay as you go financing to the greatest extent possible. 302 152 CAPITAL IMPROVEMENT & CAPITAL ASSET REPLACEMENT POLICY (34.13.01.P Adopted 9/16/2025) The purpose of the capital improvement and capital asset replacement policy is to plan for the construction, replacement and maintenance of the City's infrastructure and capital assets with as minimal impact to City funds as possible. Capital Improvement Program (CIP) 1. The City will develop a 5 -year plan for capital improvements and will update the plan annually. 2. The City will identify the estimated cost and potential funding sources for each capital project, which includes new and replacement infrastructure projects. 3. The City will coordinate development of the capital improvement budget with the development of the operating budget. As resources are available, the most current year of the plan will be incorporated into the current year operating budget. Years two through five are for planning purposes only. 4. Future operating costs associated with new capital improvements will be projected and included in the operating budget. 5. All infrastructure assets will be managed to deliver expected service levels at the lowest total life cycle costs. 6. The City will use inter -governmental assistance to finance those capital improvements that are consistent with the capital improvement plan and City priorities. 7. The City will maintain all its assets at a level adequate to protect the City's and its residents' capital investment and minimize future maintenance and replacement costs. 8. Federal, State and other intergovernmental and private funding sources of a special revenue nature shall be sought out and used as available to assist in financing capital improvements. 9. All infrastructure assets will be inventoried in the City's GIS database. Information will be kept regarding their physical location, date of installation, and maintenance records. Capital Asset Replacement 1. The City will maintain internal service funds for the replacement of equipment, park asset, and city owned buildings. Funding for future replacement costs will be provided through annual internal rent charges to the appropriate departments. 2. The City will plan the capital asset replacement program and revenues to assure that funds remain in the internal service funds to accrue interest. 3. The City will plan for the purchase of replacement vehicles and major equipment as part of the City's 20 -year equipment replacement program. 4. Anticipated replacements and additions will be based on realistic asset life expectancies and cash balances. 5. Capital assets will be maintained to protect its capital investment and minimize future capital expenditures. 6. The City will use the least expensive financing method for all capital equipment purchases. 7. Multiple cost estimates and bids will be requested when appropriate and required by law. 8. Capital asset purchases will follow the requirements of the City's purchasing policy. 9. The initial cost of capital assets not planned through the replacement program will be purchased from department operating budgets. Prioritization — Capital improvements/replacement will be considered using the following priority guidelines (in order): 1. Have to do. Projects necessary for public health and safety, or to meet legal mandates. 2. Smart to do. Projects which help maintain existing systems more efficiently. Cost benefits and coordination with related projects will be considered. 3. Want to do. Projects expanding existing systems, providing new services, or for general community betterment. 303 153 CAPITAL ASSET POLICY (34.14.02.P Amended 9/16/2025) The City of Shakopee will recognize all items with a per -unit value at or above the capitalization threshold and a useful life of more than 3 years as a capital asset. Assets in the aggregate over $100,000 will be recognized as a capital asset even if the per unit value is under $25,000. The increased threshold (previously $10,000) will be effective for assets purchased on or after January 1, 2025. Software which meets the City's $25,000 threshold on a per -unit basis will be capitalized unless the software is a short- term subscription -based technology arrangement Developer contributions of infrastructure will be recorded at estimated construction cost as provided by the engineering department. Donated capital assets are recorded at historical cost or estimated historical cost if purchased or constructed. Repairs/additions of less than $50,000 or not materially improving or extending the life of the assets are not capitalized. Depreciation The City of Shakopee uses the straight-line method of depreciation. Capitalization Threshold/Useful Lives Capital Asset Category Land Park Buildings Buildings Building Improvements Machinery& Equipment Fire Trucks Infrastructure Capitalization Threshold All land is capitalized $50,000 $50,000 $50,000 $25,000 $ 25,000 $50,000 Useful Life Indefinite (not depreciated) 30 years 50 years 25 years 4 — 20 years 10 — 25 years 30-75 years 304 154 Employees By Function Function/Division/Position 2026 Annual Budget 2022 2023 2024 2025 2026 Governmental Funds General Government Administration City Administrator 1 1 1 1 1 Assistant City Administrator 1 1 1 1 1 Grants & Special Projects Coordinator 1 1 1 1 1 Human Resources Director 1 1 1 1 1 Human Resources Specialist 2 2 3 3 3 Communications Manager 1 1 1 1 1 Communications Specialist 2 2 2 2 2 IT Director 1 1 1 1 1 IT Infrastructure Administrator 2 2 2 2 2 IT Specialist 2 2 2 2 2 Total 14 14 15 15 15 City Clerk City Clerk Deputy City Clerk Administrative Assistant Records Clerk Finance Finance Director Accounting Manager Accounting Specialist Accounting Clerk Administrative Assistant Planning & Development Director of Planning & Development Senior Planner Planner Facilities Facilities Maintenance Supervisor Facilities Maintenance Worker 1 1 1 1 1 1 1 1 1 1 0.5 0.5 0.5 0.5 1 1 1 1 1 1 Total 3.5 3.5 3.5 3.5 4 1 1 1 1 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 0 0 0 Total 4 4 4 4 4 0.4 0.4 0.4 0.4 0.4 3 3 3 3 3 1 1 1 1 1 Total 4.4 4.4 4.4 4.4 4.4 1 1 1 1 1 1 1 1 1 1 Total 2 2 2 2 2 305 155 Function/Division/Position 2022 2023 2024 2025 2026 Public Safety Police Police Chief 1 1 1 1 1 Police Captain 2 2 2 2 2 Sergeant 9 9 9 9 9 Investigator 5 5 5 5 5 Proactive Policing Unit 2 2 2 2 2 Crime Prevention Officer School Resource Officer 3 3 3 3 3 Patrol Officer 28 28 30 30 30 Police Records Supervisor 1 1 1 1 1 Police Records Technician 2 2 2 2 2 Police Records Specialist 2 2 2 2 2 Community Service Officer (CSO) 1 1 1 1 1 Police Evidence Technician 0.5 0.5 0.5 0.5 0.5 Crime Prevention Specialist 1 1 1 1 1 Victim & Community Services Coordinator 1 1 1 1 1 Investigative Assistant 1 1 1 1 1 Administrative Assistant 1 1 1 1 1 Code Compliance Specialist 1 1 1 1 1 Receptionist 1 1 1 1 1 Total 62.5 62.5 64.5 64.5 64.5 Fire Fire Chief Deputy Chief Assistant Fire Chief Fire Marshal Fire Captain - Administration Fire Inspector Fire Captain Administrative Assistant Battallion Chief (Full -Time) Firefighter (Full -Time) Building Inspection Director of Planning & Development Building Official Building Inspector Rental Housing Inspector Permit Coordinator Administrative Assistant Total 1 1 1 1 1 0 0 2 2 2 1 1 0 0 0 1 1 1 1 1 1 1 0 0 0 0 0 0 1 1 0 0 3 3 3 0 0 1 1 1 0 3 0 0 0 4 4 6 6 6 8 11 14 15 15 0.1 0.1 0.1 0.1 0.1 1 1 1 1 1 4 4 4 5 6 0 1 1 1 1 2 2 2 2 2 1 1 1 1 1 Total 8.1 9.1 9.1 10.1 11.1 306 156 Function/Division/Position 2022 2023 2024 2025 2026 Public Works Engineering City Engineer/Public Works Director 0.5 0 0 0 0 City Engineer 0 1 1 1 1 Assistant City Engineer 1 1 1 1 1 Project Engineer 1 1 1 1 1 Project Coordinator 1 1 1 1 1 Senior Engineering Technician 2 2 1 0 0 Graduate Engineer 1 1 2 2 2 Engineering Technician 1 1 0 0 0 Environmental Engineer 0 0 0.2 0.2 0.2 Water Resource Technician 0 0 0.8 0.8 0.8 GIS Coordinator 1 1 1 1 1 Administrative Assistant 1 1 1 1 1 Total 9.5 10 10 9 9 Street Public Works Director 0.5 1 1 1 1 Public Works Superintendant 1 0 0 0 0 PW Supervisor 1 1 1 1 1 Foreperson (PW) 1 1 1 1 1 Maintenance Operator 5 5 5 5 5 Administrative Assistant 1 1 1 1 1 Total 9.5 9 9 9 9 Fleet Foreperson Mechanic 1 1 1 1 1 Mechanic 2 2 2 2 2 Total 3 3 3 3 3 Park Maintenance PW Supervisor 1 1 1 1 1 Foreperson (PW) 2 2 2 2 2 Maintenance Operator 8 9 9 9 9 Water Resources/Environmental Engineer 0.2 0.2 0.2 0.2 0.2 Total 11.2 12.2 12.2 12.2 12.2 307 157 Function/Division/Position 2022 2023 2024 2025 2026 Park and Recreation Recreation Director of Park & Recreation 1 1 1 1 1 Recreation Manager 2 2 2 2 2 Recreation Supervisor 2 2 2 2 2 Recreation Facilities Specialist 1 1 1 1 1 Community Engagement Coordinator 1 1 1 1 1 Recreation Specialist 2 2 3 3 4 Ice Arena Supervisor 2 2 2 2 2 Guest Services Supervisor 1 1 1 1 1 Guest Services Specialist 1 1 0 0 0 Fitness Supervisor 0 0 1 1 1 Aquatics Specialist 1 1 1 1 1 Ice Arena Specialist 1 1 1 1 1 Building Maintenance Manager 1 1 1 1 1 Facilities Maintenance Worker 2 2 2 2 2 Total 18 18 19 19 20 Economic Development EDA Fund Director of Planning & Development 0.5 0.5 0.5 0.5 0.5 Economic Development Coordinator 0 1 0 1 1 Economic Development Specialist 1 0 1 0 0 Total 1.5 1.5 1.5 1.5 1.5 Enterprise Funds Sewer Fund Foreperson (PW) Maintenance Operator Storm Drainage Fund Foreperson (PW) Maintenance Operator Environmental Engineer Water Resource Technician 0.5 0.5 0.5 0.5 0.5 3 3 3 3 3 Total 3.5 3.5 3.5 3.5 3.5 0.5 0.5 0.5 0.5 0.5 2 2 2 2 2 0.8 0.8 0.6 0.6 0.6 0 0 0.2 0.2 0.2 Total 3.3 3.3 3.3 3.3 3.3 Total Employees 166.00 171.00 178.00 179.00 181.50 308 • City Council Meeting - Public Presentation December 2, 2025 z z= Z! 4191 d',g2 Z`41 740 0 0 zzo ?j) 309 2026 Budget & Property Tax Levy y adopts a budget and property tax 0 T 0 0 0 0 C CD V a) s +-, a) _a) co . .o 7:3 Q(D CO3 > c a arc' a -O o 0 cu V_ o_ ate --+ s �o o V •O O V • • Where do My Property Taxes Go? cU O O V iC Vl C O O v O 0 t�O n N 0 O1 *Voter approved school referendum not included 310 City of Shakopee 2025 Budget and Levy E A E• YTHECfTY •FSHAK• EEFINANCE EPA TMENT 2025 Budget Fast Facts c 11 W 4-) ) a) •ftmt O 03 • LEL CD C N N • City Council g LU V c w s$ '„ L_ LL E S b o • r. UtIS 8 O� z z 7. 8 Q Ea g 1,;..'& O a o g w z orc c 0 • E - EE 2 CC r E Z O - g ,S i ✓ ? E c Z H F E 8 `l g :2 0 g' - o a t E t o 3• 2It • Low taxes/stable tax rate • Increase tax capacity 0 N 0 0 f, WI N Administration • V v v as LI c./1 C L- a) (75 U d1 v cz O f • • WPM F iri EV1111 cAU LL Mi III www.ShakopeeMN.gov/budget 4-1 CU CL3 O lU V O u V 4-1 cu cu C Q 0 f0 312 work session 2026 Budget Process work session 'u 0 V C 0_ • May 6 — Long-term Financia • July 17 — Budget listening session 'V C O u O_ C co 0 C a) E N O 2 Q E a V rn O O N minary levy and budget presented to counci • August 19 - Pre iminary levy and budget approva • September 16 - Pre evy and budget a) O Q O 2 c N C O .5 c 01 - -0 E D cI u Q p D zv 0 N 0_ �° w I hi �,. N �z za3 N N Q) ,10 o'4 N z cu E' 4O > U O v O a O z o . . . 313 0 u N O u a) C E O 4 — so Ln N O N N N N a) ro V s V ro :E a) N CD a) CD x O i a) a) E C a) E E O -o a) co cu O a) O O O V • C O f6 Q O Q C O +1-+ a)t/1 a—+ CNI M O 0 O N O to a) a) t/') V .(J C .(J E 0 C C ✓Provides additiona C co co a) O a) a) N X a) a) a) O Q To u a) a) `r' O u u C L- O c O O M • 314 Property Taxes in IMP Metro Area for a $300,000 Home • • • • • • • • • • • • • • • u, o _ • • • •Lta .sc • • • • #• • • = •• • • o 0 0 0 0 rn n lit xA #i xA VI. *.Is saxel Alit 8 K/} 8 SJY O C U O c O O Lti 0 r N Do uw N C O 0 +� S ^� x O r O }�+ i O C� Q O O a E (71.1 0 O N O o a C N RI a-+ c Co 0 4J N N V 0 R o C7 S z 0 m z= zv 0 0 F° ct, Ds Pp UI8 315 MMI OMNI 0 o a +i o o C+ o 0 0 x 0 0 0 0 0 CD N O ea ez N O ,--1 ,--1 ,--1 ,-1 °'i t°'s off, 6) 642. les N� �C1O a A Ce 4'e6 --At: 0 r,O -70 t) riS-1 44, -70 a z 0 0 0 0 0 0 0 0 0 0 o0 o z E- , N 0 m m LD N N CO rl N. N N O Cr) o u.A N� O L0 N d- N. 01 r -1 01 O c -I Z V; 111 00 00 00 00 01 Ol H ° z J H6-; W E a V z a--+ Z a Li L ›,),„,9, Y 4J o -°' zo' >, v = a . z C) N Qi co U C p a 0 D N C CU CO L as co tlo v) co ? ft] o o E • �' o ° o - a U N m m cc U i 316 Ttt O 64 d' N 6F} O O O O O O O O I O kri O O 01 M N O 00 00 N ,-I N ,-I ---- M ^i N N N b4 Capital Improvement Levy Debt Service 2016 Abatement N N N Total Debt Service O O O O O O M O M cl' O 'd' O O O N V-) N _--I 1-0 bl4 69 bl4 O O O GC O GC d' O d' — VZ Cl V) l 00 00 N N EA EA � O in © O © N Cl., N N N Total City Levy Shakopee EDA Special Levy Total City and EDA Levies 317 N M N N 8 0 CO 00 vt O O 8 8 o� N M%O K Vi 0 0 00 00 K vt l0 8 8 88 Vl V1 IN M %N0 8 0 8 8 8 8 8 0N$888 to r o o •O vi r" 4 -. - M M N en 00 -eT N M Vl M M Vl Vl N Vl ▪ 00 0 ▪ r r M N O. 0 0 K Co .e.N -f %O en • oo N ~ Vl ▪ 0 O 0% N N vi ,O vi N CA M I-- O 00 ▪ O▪ . ▪ N -n 4 Crl 00 r 00 G▪ rlpp - O- l0 •t O 00 .? N M O. Vri 0.. Oi en"N. N N r0 r en V. K M K O l0 Vl V1 .-. N SPECLLL ASSESSMENTS 8 O N K 38,803,300.00 00 'O H r•l vi 4 TOTAL REVENUES 8 0 r Vl v (21,424,230.00 8 Nr 00 8 O� O l0 (19,386,190.00 8 N CO O. M 00 $ $88 s O. r N Vl w.' 8 888 00 CO Vl N •O Vl - - h 8888 o §0.0 § 8 a (39,679,300.00 8 r Vl gel 00 Vl (18,491,479.13 O M N 00 N r N V1 0 (16,248,819.34 PUBLIC SAFETY rt. O S - cs ON 00. K 00 00 h 0• 0% ..' 0 - - It.: v-i. v v v O. %O Co N b - 0co �0 N - O VMl N O 00 a00 M M O r{ 2 O. n M NV a en r• O '.' ' ' 1^-1 IN: ▪ % PUBLIC WORKS -o -I--, a) (I) N O O) Q Q 73 N O s- m 8 8 8 8 gO O .o 00 8 O .11 V1 O. K p88 8 O 8 S FROM SALE OF ASSETS a a 88 O 8 N 8 8 8 8 Q O O O Ol 8 O 8 8 ¢ O O O r 00 C4 P N M Grp 8 8 O. Vl CO Vl K FUNDS - BUILDING INSPECTIONS 0 U 318 Summary of Levy Changes Levy Impact $ (2,133,480) N f... S§:7 a o o _ g) 8 N M g vig 8 C`J I w 4 49 Description I Revenues (increase) Transfers from other funds (increase) Expenditures: Wages & benefits Operating expenses Internal rent changes One-time adjustments Capital Improvement Levy 8 .2 cn c Change in property tax levy 319 v I au (a V C cc (a C 22 N N cu X ate-+ cu" a O L a C V x a) CO M t- 0 CU V a--+ CU C t/f a--+ t/) • nO W N a� Description i Change 0 OOOOO DO1-OO ( — 6O9M 0 0 O(r)ON 0 ,- 0 O rr 0 N 0 OOOOO OOOOO 0 ON r 0 0 -N 0 0 -O 0 0 0 0 V• j 37,000 O OO O NN O O O 25,000 O O00OO ONOO O Nr�(�COO O � ^^ trc ..... $2,133,480 Contracted public safety services (offset with expenses) J Building permit revenues 1 Community Center revenues -) Engineering fees — private development Restaurant licenses and inspections (offset with inspector wages and benefits) Police state aid Municipal State Aid (MSA) maintenance funds Interest income (General fund) J SPU pilot fee Fire state aid SandVenture revenues Township fire Agreements Tribal contribution Ice Arena revenues MS4 administration fee Other (net adjustments) Cable franchise fees 1 State building official grant Change in Revenues 320 (N N Fund operating costs) • Transfers from other city funds (covers Genera Change 0 o o co c., § AS 2026 0000 8888 8§&S EH hig§§ §§§ ' Description Public safety fund (patrol officer reimbursement) Self-insurance fund 1 Sewer/storm water (allocation of admin overhead) EDA (allocation of admin overhead) Change in transfers 321 C s V :2-(73 C a) a X w ca C N N • Change in wages and benefits ($2,100,700) 7 Change $792,000 0 0 co- 0 p 0 0 - 0 0 0 0 No 0 p 0 0 p 0 c 0 0 cLOLOLOd' 0 p 0 0 0 0 p 0 p 0 0 PT Marketing Specialist (split Communication and Rec.) ` 39,000 rOther (net adjustments) 40,700 Workers compensation — reduced rates (295,000) 0 0 O (V 69. Description Cost of hying adjustment — 300 (3.5°o PW Union) Pay step changes Compensation study implementation (non-union) Public safety OT (offset by contracted revenue) Health inspector (New) Health Insurance — 8.3% premium increase Elections judges MN Paid Leave (employer contribution) Recreation part-time Clerk Administrative Assistant (part-time to full-time) Fire part-time Fire Inspector added July 2025 (half year impact) Change in wages & benefits 322 03) CU i s �, 4—•c0 L E u a) -� • - ro V D >,5 • cn c6 , +-' (c CU CU5 CU co 4J O c c cn a v 0 O 4J E O + a I O c o E CV c0S O 0 _C CU +a O 7 > C 0:1)O V O O --O I Q1 C _O0 a, I L co a..+ i ++ • N p o p cn 0 C 4U :+ E N ON v ra — O -+ N 2 7:3E ai 4J a v 2 >. ��;9 cn § '2 ›.. .1.0 CO CO C6 C6 -O a1 V) teC O O E 70 at A N CO V V - v a 2-) s O O N Q) O Vi p r0 O C cu O- N o W CU _ p u a p o_ v o Ca ra O U W v 0 Ol E 5 N L • • • • O o_ a o_ V 323 Compensation Study Shakopee (non-union employees) t Shakopee Mid -point (Current) Market Mid -point Shakopee Mid -point ( Proposed) O 4 C? G IL) I!) co N #f} #9 Li (O ' O {r] f}} 324 W C s V C CU a X w ca C • E • W N N expenditures ($961,010) • Change in operationa Description Change O O O O CO te OOO OOO O' N -I e- -QM) %. 72,500 42,700 OOOO OOOO MM0OO c`)C))NN 24,000 OOO OO. XOO %N w CO Of N Public Safety — amphitheater contracted costs (offset by revenue) Engineering contracted construction inspections I Contingency Misc. supply and services (net adjustments) Utilities (electric/water/gas) County prosecution costs Fire — turnout gear/uniforms Community center cleaning contract Fire — supplies, minor equipment Building permit credit card fees Finance Contracts (assessing/audit/actuary) Fire — training _ Park restroom cleaning contract Change in operational expenses 325 W ow) 4-0 s V • E • W N N • Rent Charges ($359,200) Cn L fJ ro a) E 0 0 a) a) O u ra 0 CD C 0 ncreases a resu . Change $175,700 124,800 000 Q O O NI- 0 00 N a in 41) r Description Equipment Rent 46 LPark Facilities Rent Information Technology Rent Change in internal rent charges CL E' Mm_ W 4z It 1,1 Q ng O5rn zoo W 0 irc; 326 • p C cu a w cD C e E • N O N • One-time Adjustments (not recurring in future) ($93,000) Description Change Comprehensive Plan $100,000 1 Road Materials/Salt (one-time inventory reduction for 2026) (50,000) Fire Admin. vehicle (75,000) Building Inspector Ford Lightning (68,000) a O O el - a) te Change in one-time costs 327 ncrease) mprovement Levy (Proposed co V C 0 ion to $1.5 mi • Proposing a $300,000 increase (from $1.2 mi V a) Q C O 00 V . O D n% .-1 V u u L c C - c O O i a) 7 N C i a) c c _D -O _O O a) a--+ N N to C v _ ' O L7 Ca i i C - a) >• a) c o C • D r V > % a) _ � •E a) . • • ) O_ . . • $4.2 million bond issue in 2022. on (Levy, Franchise fees) Funding - $2.15 mi rn N O N co O N N O N N O N C C LL a 0 V • 8 U) tic N CO 8 O 'v) 8 O O O M O U) v) 8 n W Capital Improvement Fund N O E co Q O C O N I .C >.f6 > - �f6 4--+ c � N E E O O V v M N N O * a--+ 328 W 4J co t ro O a at Q ea I.ci V Agricultural $41,712,610 $53,862,863 29.1% Apartment 775,299,400 849,623,207 9.6% O WI M Industrial 1,765,009,000 1,821,276,800 3.2% Public Utility/Railroad 36,422,700 36,480,300 0.2% Residential 4,917,336,577 5,160,489,043 4.9% Other 3,849,500 3,849,600 0.0% Totals $8,285,219,487 $8,697,087,313 5.0% O viz. 0 in N O N au ci a ill U'1 0 n 0 NI 0 0 N p; 4) 00 Ir1 A 1 A/ a N- IW •am 1.•1 El El New construction accounts for $269 million or 57.8% of the increase 329 Market Value Average value change (excluding new construction) was 2.1% • Residential Impacts - Shakopee Percentage 15o Total Lf) 59% I 30% I O O O 0 9 O O Number of Residential Properties 187 70 693 7,773 503 3,900 � co N 13,143 Estimated Market Value Value Range Increase/Decrease + O + O Lfi 7 O O + +5.01-10.00% +0.01-5.00% No Change O O Lf) O O i o O p = O Lc; -10.00 - 15.00% I + o O Ln C7 z z= Z! z W E a g Z a 3 0 zzo 4,h ?J) 330 Fiscal Disparities (net contribution) Fiscal Disparities Net Contribution (Tax Capacity) 0 8 8 0 0 8 8 0 0 8.5% of Gross Tax Capacity ($9,447,423) 0 0 0 0 8 N N 0 N N w N 0 N 0 lGy {fiJ N 0 N I.I [Y} N 60 N N 0 N .. 0 ri rl N 0 N 'C N rl u7 N 0 N r -I 6 tD wit N N Do rl 0 N 0 V▪ 5 ti O 331 .4?'‘ V co V I Tax Capacity (2025 Payable) Tax Capacity (2026 Payable) C E I5 CO a To s I u a .� Residential Io '0 M C z zL; z� E o za3 r=: w 3 cc x o o a a 332 City Tax Rates co V - s- O _ N Lf1 00 M d' m m m 0 M M e -I Q1 I� M N N 0 N M N O N N N 0 '--I N 0 O N O cn 0 z= z! 0o O �7a N 4170 't Z a 3 7 0 0 zz o 4 0 V N W O 333 a 0 0 0 0 0 0 0 0 41. o o o o o o o o o Lt) 0 0 o ul o o d4 m m N N d X 44 0 I C C ■ ■ Estimated Market Value 334 2026 Property Tax Levy Comparison 4J v 1— N O N CL v rts 4-0 V C X aJ (10 ICU V C X 4-0 (10 kO 4.} I I QJ O L_ ▪ O O u .O N ,_ N X ON 45 Ch � � M a 73 VI' 335 GA •.-.r Imo Co) 00 ea ILM -14 Catli C9 cu 5 .O A C CIO 0 O 0 Uri if) I INM T .-i Fr; in IN 'o FIN 3 0 0 00 0 p0 0 p0 o N o N M r , .-I 6A f/9 f/9 619 6A 6A 6A /4 J o? �iy tP a -40 -14O 44. 3 LA Property Taxes 336 0 L CD IV CI Review Long-term Financial Plan Council/Staff in N O N VO >+ R 5 Budget Listening Session Public/Staff In N 0 N n I- 3 6-2 V_ c ms 1 ▪ cu +-, 0- c aJ QJ 1 E -o a) c > (13 O u„ o_ cu ILl n -O c Q' E > O • a a O 0_ N a) O a1 a) n cu ccmoc Council/Staff August 6, 2025 Council/Staff August 19, 2025 Adopt proposed maximum tax levy for City and EDA. U C O 0 V September 16, 2025 a) t V LE> >\ C n O V v 0 > a) x no E n E x E q- v k...) N v V 0 C x (B +., a) Q O a -o a) O a O a O p v O Se • tember 30, 2025 Adopt final 2026-2030 CIP Proposed tax notices sent to owners C C O O V V October 21, 2025 Mid -November Work session to review budget document Council/Staff November a) > a) a) +-' cc oz a) -c O1 C O T +-' no O >\ V > 0 aJ - N +� }' � O -o cn -o N O O O C2 a>2 ro n3 > > ✓ — vcu — a) -' x x E fa V > f6 • 2C C - a i Q o Q TD -0 O c < Vi 2 V C M 0 V December 2, 2025 V C m O V December 16, 2025 ra N December 31, 2025 337 2026 Proposed Budget and Levy (Next Steps) a) O o V c cu v) O C U V O ro 4J _ Q Q - V C all � as +--+ a) i Cl o _o Q -o au Q s C s rJ •O O1 x N ' CD O 22 z= N C‘4' _ �°> C • C •n V >` .Cf) " � W E L �z _0 CU +-+ N z 41 � - E C i FA zo Q +j cu 0 L_ O V w N \O i N V O LL) -o 41 r _c C C 0 ?j) I— (O < O Z • • • 338 SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 12.a December 2, 2025 News and Announcements Rick Parsons Action to be considered: No action, item is informational only. Motion Type: Informational only Background: Announcements and Upcoming Events: - Winter Parking Restrictions • Winter parking restrictions are now in effect and run until April 1. No parking is allowed from 2:00 am - 6:00 am on City Streets. certain exceptions apply within the Calendar Zone. Please visit www.ShakopeeMN.gov/winterparking for more information. - Holiday Fest 2025 • Holiday Fest is Saturday, December 6, 2025, from 2:00 - 6:00 pm in Downtown Shakopee. Holiday Fest is a celebration to kick-off the holiday season. There will be a winter vendor marketplace, pictures with Santa, a tree lighting, and fireworks. Come join in the holiday fun! More information can be found on the Shakopee Chamber of Commerce website. Recommendation: Please review the information on upcoming news and announcements. Budget Impact: N/A. Attachments: 339 WILLA! SHAKOPEE Agenda Item: Prepared by: Reviewed by: Shakopee City Council 12.b December 2, 2025 City Bill List Becky Smith, Accounting Specialist Action to be considered: Review of City Bill List Motion Type: Informational only Background: The City Bill has been provided to the City Council. Recommendation: Review of City Bill List Budget Impact: N/A Attachments: 340