2021 Annual Comprehensive Financial Report for Sarasota County

6 8 10 Sarasota County, Florida Statement of Net Position September 30, 2021 Governmental Business-type Activities Activities Total ASSETS Current: Cash and investments $ 750,857,801 $ 284,894,508 $ 1,035,752,309 Interest receivable 594,926 264,523 859,449 Accounts receivable (net of allowance) 13,259,437 12,052,862 25,312,299 Prepaid items 1,334,266 - 1,334,266 Internal balances (140,366,364) 140,366,364 - Intergovernmental receivable 34,781,241 6,765,459 41,546,700 Loans and notes receivable 8,796,769 - 8,796,769 Inventories 3,706,767 - 3,706,767 Total current unrestricted assets 672,964,843 444,343,716 1,117,308,559 Current restricted assets: Accounts receivable 60,824 - 60,824 Customer deposits cash - 4,072,517 4,072,517 Landfill closure cash - 371,482 371,482 Construction trust cash - 6,338,758 6,338,758 Debt service cash - 156 156 Total current restricted assets 60,824 10,782,913 10,843,737 Total current assets 673,025,667 455,126,629 1,128,152,296 Non-current assets: Restricted assets Landfill closure cash - 33,490,900 33,490,900 Construction trust cash - 104,060,707 104,060,707 Debt service cash - 341,360 341,360 Renewal and replacement cash - 2,500,000 2,500,000 Capacity fee receivable - 2,469,096 2,469,096 Interest receivable - 94,093 94,093 Intergovernmental receivable - 772,974 772,974 Total non-current restricted assets - 143,729,130 143,729,130 Net OPEB asset 3,786,239 960,844 4,747,083 Nondepreciable capital assets 691,621,821 118,971,179 810,593,000 Depreciable capital assets (net) 905,521,950 840,851,229 1,746,373,179 Total non-current assets 1,600,930,010 1,104,512,382 2,705,442,392 Total assets 2,273,955,677 1,559,639,011 3,833,594,688 DEFERRED OUTFLOWS OF RESOURCES Deferred amounts on debt refundings 6,470,114 8,014,467 14,484,581 Deferred amounts for pensions 84,183,108 5,626,196 89,809,304 Deferred amounts for OPEB 4,893,637 427,235 5,320,872 Total deferred outflows of resources $ 95,546,859 $ 14,067,898 $ 109,614,757 The notes to the financial statements are an integral part of this statement. 44

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