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 Utility System Revenue Refunding Bonds, Series 2019A To advance refund all of the County’s Utility System Revenue Bonds, Series 2010, maturing on or after October 1, 2020. 2040 5.00% $ 790,000 to 8,930,000 38,725,000 45,238,185 Utility System Revenue Bonds, Series 2020A To finance the design, acquisition and construction of facilities expanding and improving the County’s Utility System and to refinance a loan from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2050 5.00% 1,480,000 to 4,325,000 61,295,000 79,229,176 Utility System Revenue Refunding Bonds, Series 2020B (Federally Taxable) To advance refund all or a portion of the County’s Utility System Revenue Refunding Bonds, Series 2011A, maturing on and after October 1, 2022 and to advance refund all or a portion of the County’s Utility System Revenue Bonds, Series 2013, maturing on and after October 1, 2024. 2043 0.46% to 2.71% 1,465,000 to 2,890,000 44,740,000 42,320,000 Utility System To refinance a loan under 2052 5.00% 800,000 Revenue Bonds the Pooled Commercial to to Series 2022 Paper Loan Program and 5.25% 16,595,000 To finance a portion of the Costs of the acquisition And construction of Additions, Extensions and Improvements to the County’s Utility system. Total Self-supporting Revenue Bonds – Business-type Activities 135,730,000 149,323,499 $384,591,040 125
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