Sarasota County, Florida Notes to Financial Statements September 30, 2023 Public Improvement Revenue Bonds, which are secured by a pledge of revenue sharing moneys, outstanding at year-end were as follows: Capital Improvement Revenue Bonds, Series 2023A To finance the design and construction of a (i) new Mosquito Management Facility which will include, among other things, labs and associated functions, aqua culture, fabrication and workshop, and administrative and staff accommodations and (ii) a new Emergency Services Administration Building. 2048 5.00% 0 to 1,720,000 24,575,000 27,405,043 Total Capital Improvement Revenue Bonds - Governmental Activities $135,860,183 Issue Purpose Maturity Interest Rate Annual Principal Installment Range Original Principal Amount Outstanding Principal and Unamortized Premium Amount Public Improvement Revenue Refunding Bonds, Series 2021A (Federally Taxable) To advance refund all of the County's outstanding Second Guaranteed Entitlement Revenue Bonds, Series 2013. 2043 0.664% to 3.033% $590,000 to 930,000 $15,750,000 $14,530,000 Public Improvement Revenue Refunding Bonds, Series 2021B To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2041 4.00% to 5.00% 665,000 to 1,500,000 20,795,000 23,181,594 Total Public Improvement Revenue Bonds - Governmental Activities $37,711,594 Total Bonds - Governmental Activities $190,417,737 121
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