Sarasota County, Florida Notes to Financial Statements September 30, 2023 Capital Improvement Revenue Bonds, which are secured by a pledge of the Half-Cent Sales Tax Revenues, outstanding at year-end were as follows: Issue Purpose Maturity Interest Rate Annual Principal Installment Range Original Principal Amount Outstanding Principal and Unamortized Premium Amount Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2018 To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. Secured by a pledge 2024 5.00% 4,050,000 22,965,000 4,155,675 Total Infrastructure Sales Surtax Revenue Bonds-Governmental Activities $ 16,845,960 Issue Purpose Maturity Interest Rate Annual Principal Installment Range Original Principal Amount Outstanding Principal and Unamortized Premium Amount Capital Improvement Revenue Bonds, Series 2017 (Federally Taxable) To finance a portion of the cost of the acquisition and construction of the spring training facility for the Atlanta National League Baseball Club, LLC. 2047 2.62% to 3.72% $525,000 to 1,145,000 $21,625,000 $18,840,000 Capital Improvement Refunding Revenue Bonds, Series 2018A To refinance a loan from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2047 3.50% to 5.00% 390,000 to 1,030,000 18,015,000 16,886,760 Capital Improvement Refunding Revenue Bonds, Series 2018B To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2034 3.00% to 5.00% 1,350,000 to 1,525,000 16,215,000 9,221,997 119
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