2022 Comprehensive Annual Financial Report for Sarasota Coun

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Taxes $ 3,418,615 $ 3,418,615 $ 3,419,873 1,258 $ Charges for services 83,139 65,718 10,253 (55,465) Interest income 21,870 21,870 105,510 83,640 Net inc (dec) in fair value of investments - - (738,753) (738,753) Contributions and donations 163,877 163,877 163,877 - Miscellaneous 94,145 100,955 549,816 448,861 Total revenues 3,781,646 3,771,035 3,510,576 (260,459) EXPENDITURES Current: Economic environment 5,451,335 6,048,857 2,970,903 3,077,954 Total expenditures 5,451,335 6,048,857 2,970,903 3,077,954 Excess (deficiency) of revenues over (under) expenditures (1,669,689) (2,277,822) 539,673 2,817,495 OTHER FINANCING SOURCES (USES) Transfers in 399,939 402,081 402,081 - Transfers out (2,485,772) (3,995,969) (3,894,926) 101,043 Total other financing sources and (uses) (2,085,833) (3,593,888) (3,492,845) 101,043 Net change in fund balances (3,755,522) (5,871,710) (2,953,172) 2,918,538 Fund balances - beginning 10,658,449 10,658,449 10,658,449 - Fund balances - ending $ 6,902,927 $ 4,786,739 $ 7,705,277 $ 2,918,538 Sarasota County, Florida Economic Development Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2022 211

RkJQdWJsaXNoZXIy MzM3Mjg=