Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Intergovernmental $ 250,074,611 $ 260,949,513 $ 17,837,837 (243,111,676) $ Charges for services 300 300 60 (240) Judgments, Fines, and Forfeits - 358 357 (1) Interest income 13,125 327,715 1,942,188 1,614,473 Miscellaneous 1,259,099 1,259,099 767,088 (492,011) Total revenues 251,347,135 262,536,985 20,547,530 (241,989,455) EXPENDITURES Current: Public safety 234,968,201 237,519,300 23,088,140 214,431,160 Physical environment 7,942,957 8,295,047 2,998,404 5,296,643 Transportation 350,000 346,368 - 346,368 Economic environment 8,264,720 8,264,720 1,525,600 6,739,120 Human services 363,500 363,500 159,290 204,210 Culture and recreation - 75,000 - 75,000 Debt Service Principal - - 98,919 (98,919) Interest and fiscal charges - - 1,714 (1,714) Total expenditures 251,889,378 254,863,935 27,872,067 226,991,868 Excess (deficiency) of revenues over (under) expenditures (542,243) 7,673,050 (7,324,537) (14,997,587) OTHER FINANCING SOURCES (USES) Transfers in - 2,000,018 442 (1,999,576) Transfers out (320,000) (17,221,907) (15,112,730) 2,109,177 Issuance of leases - - 1,430,258 1,430,258 Total other financing sources and (uses) (320,000) (15,221,889) (13,682,030) 1,539,859 Net change in fund balances (862,243) (7,548,839) (21,006,567) (13,457,728) Fund balances - beginning (42,726,717) (42,726,717) (42,726,717) - Fund balances - ending $ (43,588,960) $ (50,275,556) $ (63,733,284) $ (13,457,728) The notes to the financial statements are an integral part of this statement. Federal, State & Local Grants Special Revenue Fund Sarasota County, Florida Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2024 61
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