2024 Sarasota County Annual Comprehensive Financial Report

Sarasota County, Florida Balance Sheet Governmental Funds September 30, 2024 Emergency Capital Revenue Services Programs General Special Special Fund Revenue Fund Revenue Fund ASSETS Cash and investments $ 144,248,176 $ 19,387,083 $ 105,561,774 Accounts receivable (net) 2,371,866 6,001,063 53,508 Accounts and lease receivable-other 6,825,873 - - Interest receivable 676,173 97,420 552,819 Due from individuals - 2,852,251 - Due from other funds 52,145,191 - - Intergovernmental receivable 11,859,563 1,879,681 13,089,729 Loans receivable - - - Inventories - 190,491 - Prepaid items 37,519 - - Total assets 218,164,361 30,407,989 119,257,830 Liabilities: Accounts payable 2,148,694 195,899 - Wages and benefits payable 15,847,279 3,162,276 - Contracts and retainages payable 5,620,771 839,818 - Due to individuals 238,663 - - Due to other funds - - - Intergovernmental payable 2,469,757 - - Unearned revenue 587,868 - - Deposits 22,019 - - Total liabilities 26,935,051 4,197,993 - DEFERRED INFLOWS OF RESOURCES Taxes received in advance 3,198,037 - - Deferred lease proceeds 338,243 - - Unavailable revenues - - - Total deferred inflows of resources 3,536,280 - - Fund Balances Nonspendable 37,519 190,491 - Restricted - 26,019,505 119,257,830 Committed 74,215,535 - - Assigned 29,645,476 - - Unassigned 83,794,500 - - Total fund balances 187,693,030 26,209,996 119,257,830 Total liabilities, deferred inflows of resources and fund balances $ 218,164,361 $ 30,407,989 $ 119,257,830 The notes to the financial statements are an integral part of this statement. LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES 48

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