2022 Comprehensive Annual Financial Report for Sarasota Coun

Fleet Information Risk Medical Services Technology Management Benefits ASSETS Current assets: Cash and investments $ 35,307,318 $ 14,298,945 $ 5,851,833 $ 17,346,689 Interest receivable 37,465 15,136 6,245 18,152 Accounts receivable - - 44,278 1,322,954 Prepaid items - - 1,617,295 - Intergovernmental receivable - - - - Inventories 324,383 - - - Total current assets 35,669,166 14,314,081 7,519,651 18,687,795 Non-current assets: Net OPEB asset 54,322 109,481 10,037 13,271 Non-depreciable capital assets - 3,450,438 - - Depreciable capital assets (net) 32,418,005 8,024,365 - 6,159 Total non-current assets 32,472,327 11,584,284 10,037 19,430 Total assets 68,141,493 25,898,365 7,529,688 18,707,225 DEFERRED OUTFLOWS OF RESOURCES Deferred amounts for pensions 396,994 1,523,217 118,866 160,141 Deferred amounts for OPEB 37,443 75,463 6,918 9,148 Total deferred outflows of resources 434,437 1,598,680 125,784 169,289 LIABILITIES Current liabilities: Internal balances - - - - Accounts payable 4,115 108,142 43,903 13,041 Wages and benefits payable 39,517 120,266 6,024 10,267 Contracts and retainages payable 2,501,952 234,475 5,407 342,001 Compensated absences 182,677 724,917 39,757 59,169 Claims and judgments payable - - 4,434,948 3,438,000 Total current liabilities 2,728,261 1,187,800 4,530,039 3,862,478 Non-current liabilities: Net pension liability 1,464,014 5,617,237 438,347 590,558 Compensated absences 13,750 54,564 2,992 4,454 Claims and judgments payable - - 5,047,757 - Total non-current liabilities 1,477,764 5,671,801 5,489,096 595,012 Total liabilities 4,206,025 6,859,601 10,019,135 4,457,490 DEFERRED INFLOWS OF RESOURCES Deferred amounts for pensions 78,598 301,572 23,534 31,705 Deferred amounts for OPEB 46,082 92,874 8,514 11,258 Total deferred inflows of resources 124,680 394,446 32,048 42,963 NET POSITION Net investment in capital assets 32,418,005 11,474,803 - 6,159 Unrestricted 31,827,220 8,768,195 (2,395,711) 14,369,902 Total net position $ 64,245,225 $ 20,242,998 $ (2,395,711) $ 14,376,061 Sarasota County, Florida Combining Statement of Net Position Internal Service Funds September 30, 2022 Board of County Commissioners 246

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