Sarasota County, Florida Notes to Financial Statements September 30, 2021 Annual Outstanding Principal and Issue Purpose Maturity Interest Rate Principal Installment Range Original Principal Amount Unamortized Premium Amount Utility System Revenue Refunding Bonds, Series 2016B To advance refund all or a portion of the County’s Utility System Revenue Bonds, Series 2007, maturing on or after October 1, 2018. 2037 4.00% to 5.00% 1,415,000 to 4,470,000 43,015,000 48,393,278 Utility System Revenue Refunding Bonds, Series 2019A To advance refund all of the County’s Utility System Revenue Bonds, Series 2010, maturing on or after October 1, 2020. 2040 5.00% 790,000 to 8,930,000 38,725,000 45,681,935 Utility System Revenue Bonds, Series 2020A To finance the design, acquisition and construction of facilities expanding and improving the County’s Utility System and to refinance a loan from 2050 5.00% 1,480,000 to 4,325,000 61,295,000 80,235,672 the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. Utility System Revenue Refunding Bonds, Series 2020B (Federally Taxable) To advance refund all or a portion of the County’s Utility System Revenue Refunding Bonds, Series 2011A, maturing on and after October 1, 2022 and to advance refund all or a 2043 0.39% to 2.71% 1,465,000 to 2,890,000 44,740,000 44,170,000 portion of the County’s Utility System Revenue Bonds, Series 2013, maturing on and after October 1, 2024. Total Self-supporting Revenue Bonds – Business-type Activities $240,473,816 Notes Payable from direct placements – Business-type Activities There were two types of self-supporting revenue notes payable from direct placements outstanding at year-end: Utility System Revenue Refunding Notes and Solid Waste System Revenue, and Revenue Refunding, Notes. 120
RkJQdWJsaXNoZXIy MzM3Mjg=