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Shakopee finance staff report preliminary 2025 results: general fund shows multi‑million dollar positive variance
Summary
City finance staff presented unaudited preliminary results for 2025 showing roughly $4.8 million positive variance in the general fund (revenues ~110% of budget; expenditures ~97%); auditors’ final report is expected in June after an April audit.
City finance staff presented preliminary, unaudited 2025 financial results to the Shakopee City Council on Feb. 17, reporting a positive variance in the general fund and stronger‑than‑budget revenues.
Finance presenter Mr. Reinhart said revenues were about 110% of budget — roughly $4.1 million favorable — and expenditures were around 97% of budget (approximately $1.2 million under), producing…
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