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Shakopee City Council
April 7, 2020
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| | | | | | | | | FROM: | Nate Reimhardt, Finance Director | | TO: | Mayor and Council Members |
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| | | | | | | | Policy/Action Requested:
None | | |
| | | | | | | | Recommendation:
Informational Only | | |
| | | | | | | | Discussion:
Attached is the most recent monthly Financial Report for the General fund. These reports reflect the expenditures as recorded for 2020 activity. The following transactions are notable for this reporting cycle:
- Draw #4 for TIF 20, was made by Enclave Development in March for $162,093.99
- J & J Minneapolis (SanMar property) payments are for the acquisition of land for Unbridled Avenue. The total is $651,000.00
- Community Center refunds for lessons, room rentals, senior programs that were cancelled due to the Coronavirus (Covid-19). The number of checks processed were 273, some with multiple lessons cancelled totaling. $27,921.62.
Included in the check list are various refunds, returns, and pass through. | | |
| | | | | | | | Budget Impact:
Operating and capital expenditures within the 2020 budget.
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