2021 Annual Comprehensive Financial Report for Sarasota County

Sarasota County, Florida Notes to Financial Statements September 30, 2021 X. GOVERNMENTAL FUND BALANCES At September 30, 2021, the County's governmental fund balances were classified as follows: Major Funds Infrastructure Emergency One Cent Services Sales Tax Federal, Special General Capital State & Revenue Fund Projects Local Grants Fund Nonspendable: Endowments $ - $ - $ - $ - Inventories 2,039 - - 199,767 Total nonspendable 2,039 - - 199,767 Restricted: Debt service - - - - Capital projects - 64,747,975 - - Grants - - 7,182,301 - Enabling legislation - - - 15,297,520 Impact fees - - - 2,023,654 Other - - - - Total restricted - 64,747,975 7,182,301 17,321,174 Committed: Contingency/Emergency 53,921,426 - - - Capital projects - - - - Formal action - - - - Total committed 53,921,426 - - - Assigned: Compensated absences 4,430,279 - - - Subsequent year expenditures 22,844,210 - - - Total assigned 27,274,489 - - - Unassigned(1): 49,321,085 - (16,361,920) - Total fund balances $ 130,519,039 $ 64,747,975 $ (9,179,619) $ 17,520,941 Note: (1) Included in Unassigned Fund Balance is Budget Stabilization and Economic Uncertainty Reserves in the following amounts: General Fund 43,137,141 $ 43,137,141 94

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