2023 Sarasota County Annual Comprehensive Financial Report

Fleet Information Risk Services Technology Management OPERATING REVENUES Charges for services $ 32,600,297 $ 24,696,793 $ 6,001,660 Other revenue 863 58,056 25,695 Total operating revenues 32,601,160 24,754,849 6,027,355 OPERATING EXPENSES Personal services 4,155,590 13,087,908 798,480 General and administrative 10,132,333 10,932,825 5,296,622 Claims paid - - 2,891,665 Depreciation and amortization 13,292,253 4,403,871 - Total operating expenses 27,580,176 28,424,604 8,986,767 Operating income (loss) 5,020,984 (3,669,755) (2,959,412) NON-OPERATING REVENUES (EXPENSES) Interest income 859,441 361,788 199,310 Net inc (dec) in fair value of investments 216,177 158,689 (14,945) Interest expense - (146,098) - Other non operating revenues (expense) (358) - - Gain on disposition of assets 868,410 - - Total nonoperating revenues 1,943,670 374,379 184,365 Income (loss) before contributions and transfers 6,964,654 (3,295,376) (2,775,047) Transfers in - - 4,750,000 Transfers out (1,694,278) (177,932) - Change in net position 5,270,376 (3,473,308) 1,974,953 Net position - beginning 64,245,225 20,242,998 (2,395,711) Net position - ending $ 69,515,601 $ 16,769,690 (420,758) $ Sarasota County, Florida Combining Statement of Revenues, Expenses and Changes in Fund Net Position Internal Service Funds For the Year Fiscal Year Ended September 30, 2023 Board of County Commissioners 252

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