2021 Annual Comprehensive Financial Report for Sarasota County

Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Tourist Development Special Revenue Fund For the Year Ended September 30, 2021 Budgeted Amounts Actual Amounts Variance with REVENUES Original Final GAAP Basis Final Budget Taxes Intergovernmental Interest income Net inc (dec) in fair value of investments Contributions and donations Total revenues $ 19,000,000 $ 19,000,000 - - 289,900 289,900 - - 400,000 400,000 19,689,900 19,689,900 $ 31,076,839 53,476 222,108 (226,015) 400,000 31,526,408 $ 12,076,839 53,476 (67,792) (226,015) - 11,836,508 EXPENDITURES Current: Physical environment Economic environment Culture and recreation Total expenditures 350,000 6,666,464 14,636,429 21,652,893 350,000 6,666,464 13,129,722 20,146,186 110,363 3,899,088 8,154,847 12,164,298 239,637 2,767,376 4,974,875 7,981,888 Excess (deficiency) of revenues over (under) expenditures (1,962,993) (456,286) 19,362,110 19,818,396 OTHER FINANCING SOURCES (USES) Transfers in Transfers out Total other financing sources and (uses) - (4,125,985) (4,125,985) 19,339 (6,879,379) (6,860,040) 19,339 (6,879,379) (6,860,040) - - - Net change in fund balances Fund balances - beginning Fund balances - ending $ (6,088,978) (7,316,326) 29,452,881 29,452,881 23,363,903 $ 22,136,555 12,502,070 29,452,881 $ 41,954,951 19,818,396 - $ 19,818,396 192

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