Local Government Maximum Annual Half-Cent Fiscal Debt Service Sales Tax Debt Service Year Requirement Revenues Coverage 2019 7,527,517 34,442,203 5.70X 2020 8,561,192 32,837,640 3.84 2021 8,561,842 39,692,704 4.64 2022 8,561,842 45,915,210 5.36 2023(1) 10,004,565 48,803,178 4.88 2024 18,140,870 47,140,547 2.60 (1) The Mads for this year was updated for new Capital Improvement Bonds that were issued throughout the year Sarasota County, Florida Coverage of Maximum Annual Debt Service Requirement by Local Government Half-Cent Sales Tax Revenues Fiscal Year Ending September 30 318
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