2024 Sarasota County Annual Comprehensive Financial Report

Sarasota County, Florida Notes to Financial Statements September 30, 2024 Z. GOVERNMENTAL FUND BALANCES At September 30, 2024, the County's governmental fund balances were classified as follows: Nonspendable: Endowments $ - $ - $ - $ - Inventories 37,519 - - 190,491 Total nonspendable 37,519 - - 190,491 Restricted: Debt service - - - - Capital projects - 101,110,607 - - Grants - - 2,146,342 - Enabling legislation - - - 24,119,001 Impact fees - - - 1,900,504 Other - - - - Total restricted - 101,110,607 2,146,342 26,019,505 Committed: Contingency/Emergency 74,215,535 - - - Capital projects - - - - Formal action - - - - Total committed 74,215,535 - - - Assigned: Compensated absences 6,363,621 - - - Subsequent year expenditures 20,755,359 - - - Other 2,526,496 Total assigned 29,645,476 - - - Unassigned(1): 83,794,500 - (65,879,626) - Total fund balances $ 187,693,030 $ 101,110,607 $ (63,733,284) $ 26,209,996 59,372,428 $ 59,372,428 Major Funds General Fund Federal, State & Local Grants Infrastructure One Cent Sales Tax Capital Projects Note: (1) Included in Unassigned Fund Balance is Budget Stabilization and Economic Uncertainty Reserves in the following amounts: General Fund Emergency Services Special Revenue Fund 94

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