Sarasota County, Florida Notes to Financial Statements September 30, 2022 Issue Purpose Maturity Interest Rate Annual Principal Installment Range Original Principal Amount Outstanding Principal and Unamortized Premium Amount Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2018 To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2024 5.00% 3,860,000 to 4,050,000 22,965,000 8,186,253 Total Infrastructure Sales Surtax Revenue Bonds – Governmental Activities $ 33,273,543 Capital Improvement Revenue Bonds, which are secured by a pledge of the Half-Cent Sales Tax Revenues, outstanding at year-end were as follows: Issue Purpose Maturity Interest Rate Annual Principal Installment Range Original Principal Amount Outstanding Principal and Unamortized Premium Amount Capital Improvement Revenue Bonds, Series 2017 (Federally Taxable) To finance a portion of the cost of the acquisition and construction of the spring training facility for the Atlanta National League Baseball Club, LLC. 2047 2.72% to 3.72% $ 510,000 to 1,145,000 $21,625,000 $ 19,350,000 Capital Improvement Revenue Refunding Bonds, Series 2018A To finance the costs of the acquisition, construction and equipping of the Sheriff’s Office and Administrative Headquarters Facility by refinancing a loan from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2047 3.50% to 5.00% 370,000 to 1,030,000 18,015,000 17,568,700 Capital Improvement Revenue To refinance certain loans from the Pooled Commercial Paper Loan 2034 3.00% to 5.00% 610,000 to 1,525,000 16,215,000 11,122,726 118
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