2022 Comprehensive Annual Financial Report for Sarasota Coun

Sarasota County, Florida Notes to Financial Statements September 30, 2022 All transfers were used to either (1) move revenues from the fund that statute or budget requires to collect them, to the fund that statute or budget requires to expend them; (2) move receipts restricted to debt service from the funds collecting receipts to the debt service fund as debt service payments become due; or (3) use unrestricted revenues collected in the general fund to finance various programs accounted for in other funds in accordance with budgetary authorization. The transfers to the General Fund totaling $29.9 million includes $22 million from the Federal, State, and Local Grants Fund to support various COVID-19 approved expenditures. Transfers to Nonmajor Governmental Funds from General Fund $ 78,032,127 Emergency Services Special Revenue 5,652,463 Capital Revenue Programs Special Revenue 45,130,410 Federal, State and Local Grants Fund 50,000 Nonmajor Governmental Funds 28,806,651 Utility System 195,606 Solid Waste System 24,189 Stormwater Utility 16,887 Internal Service Funds 1,877,535 Total transfers to Nonmajor Governmental Funds $ 159,785,869 Transfers to Solid Waste System from Internal Service Funds 17,222 $ Total transfers to Solid Waste System 17,222 $ Transfers to Utility System from Solid Waste System 13,000 $ Total transfers to Utility System 13,000 $ Transfers to Transit from General Fund $ 19,998,360 Internal Service Funds 96,044 Total transfers to Transit $ 20,094,404 Transfers to Stormwater Utility from Internal Service Funds 89,517 $ Total transfers to Stormwater Utility 89,517 $ Transfers to Internal Service Funds from General Fund 681,379 $ Emergency Services Special Revenue 40,340 Federal, State and Local Grants Fund 3,531,230 Nonmajor Governmental Funds 56,823 Utility System 66,262 Solid Waste System 10,524 Internal Service Funds 100,278 Total transfers to Internal Service Funds $ 4,486,836 Total transfers In $ 272,557,104 107

RkJQdWJsaXNoZXIy MzM3Mjg=