Sarasota County, Florida Notes to Financial Statements September 30, 2024 L. Pledged Revenues The County has pledged certain revenues to repay certain revenue bonds and notes outstanding at September 30, 2024. The following table reports the revenues, sometimes net of related operating expenses, pledged for each debt issue, the amount of such revenues received in the current year, the current year principal and interest paid on the debt, the approximate percentage of each revenue which is pledged to meet the debt obligation, the date through which the revenue is pledged under the debt agreement, and the total pledged future revenues for each debt, which is the amount of the remaining principal and interest on the revenue bonds and notes at September 30, 2024: Governmental Activities Debt Pledged Revenue Current Year Pledged Revenue Current Year Debt Service Paid Estimated Percent of Revenue Pledged Debt Maturity Calendar Year Remaining Pledged Principal and Interest Communications Services Tax Revenue Refunding Note, Series 2014 Communications Services Tax Revenue $8,658,101 $1,999,584 23.1% 2025 $2,003,040 Five-Cent Local Option Fuel Tax Revenue Refunding Note, Series 2014 Five-Cent Local Option Fuel Tax Revenue 5,228,625 1,035,800 19.8% 2025 1,033,129 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2014 Infrastructure Sales Surtax Revenue 61,460,980 6,457,500 10.5% 2024 - Limited Ad Valorem Tax Refunding Bond, Series 2014 Limited Ad Valorem Tax Revenue 22,116,386 7,561,180 34.2% 2029 37,770,905 Communications Services Tax Revenue Refunding Note, Series 2015 Communications Services Tax Revenue 8,658,101 1,270,357 14.7% 2026 2,541,510 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2015 Infrastructure Sales Surtax Revenue 61,460,980 6,536,250 10.6% 2024 - 137
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