2023 Sarasota County Annual Comprehensive Financial Report

2014 2015 2016 2017 GOVERNMENTAL ACTIVITIES Net investment in capital assets $ 1,094,503,212 $ 1,113,722,152 $ 1,136,891,713 $ 1,127,840,372 Restricted for capital projects 127,476,401 126,866,436 114,122,230 123,481,742 Restricted for enabling legislation 135,151,970 136,503,408 82,860,437 83,519,690 Restricted for special revenues-other 28,731,928 30,591,124 37,571,499 49,214,818 Restricted for debt service 16,022,656 13,163,789 12,682,114 7,255,993 Restricted for grants - - - - Restricted for impact fee programs - - - - Restricted for other purposes nonexpendable 1,492,710 1,492,710 1,492,710 1,504,356 Restricted for other purposes 8,522,210 8,906,358 10,682,038 2,269,456 Unrestricted 109,559,940 (79,792,637) (81,921,692) (141,938,860) Subtotal governmental activities net position 1,521,461,027 1,351,453,340 1,314,381,049 1,253,147,567 BUSINESS-TYPE ACTIVITIES Net investment in capital assets 549,775,675 555,753,902 598,075,686 639,215,780 Restricted for capital projects 22,339,623 23,576,039 23,224,714 23,279,007 Restricted for renewal and replacement 2,500,000 2,500,000 2,500,000 2,500,000 Restricted for other purposes 6,637,643 5,097,807 5,296,569 5,299,637 Unrestricted 279,104,704 294,349,490 305,332,251 313,301,601 Subtotal business-type activities net position 860,357,645 881,277,238 934,429,220 983,596,025 PRIMARY GOVERNMENT Net investment in capital assets 1,644,278,887 1,669,476,054 1,734,967,399 1,767,056,152 Restricted for capital projects 149,816,024 150,442,475 137,346,944 146,760,749 Restricted for enabling legislation 135,151,970 136,503,408 82,860,437 83,519,690 Restricted for special revenues-other 28,731,928 30,591,124 37,571,499 49,214,818 Restricted for debt service 16,022,656 13,163,789 12,682,114 7,255,993 Restricted for grants - - - - Restricted for impact fee programs - - - - Restricted for renewal and replacement 2,500,000 2,500,000 2,500,000 2,500,000 Restricted for other purposes nonexpendable 1,492,710 1,492,710 1,492,710 1,504,356 Restricted for other purposes 15,159,853 14,004,165 15,978,607 7,569,093 Unrestricted 388,664,644 214,556,853 223,410,559 171,362,741 Total primary government net position $ 2,381,818,672 $ 2,232,730,578 $ 2,248,810,269 $ 2,236,743,592 Sarasota County, Florida Net Position by Component Last Ten Fiscal Years (accrual basis of accounting) Fiscal Year 268

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