Sarasota County, Florida Notes to Financial Statements September 30, 2024 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 2.90% to 3.72% $540,000 to 1,145,000 $21,625,000 $18,315,000 Capital Improvement Refunding Revenue Bonds, Series 2018A To refinance a loan from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2047 3.50% to 5.00% 410,000 to 1,030,000 18,015,000 16,405,335 Capital Improvement Refunding Revenue Bonds, Series 2018B To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2034 3.00% to 5.00% 875,000 to 1,525,000 16,215,000 7,760,591 Capital Improvement Revenue Bonds, Series 2019A To finance the construction of a new Sheriff's Office Support Services Facility to provide for Sheriff's vehicle maintenance and administrative support functions. 2039 4.00% to 5.00% 585,000 to 1,125,000 15,085,000 13,838,531 122
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