2023 Sarasota County Annual Comprehensive Financial Report

Sarasota County, Florida Statement of Activities For the Year Ended September 30, 2023 Program Revenues Operating Capital Charges for Grants and Grants and FUNCTIONS / PROGRAMS Expenses Services Contributions Contributions Governmental activities: General government $ 136,938,581 $ 31,155,421 $ 2,976,356 $ 6,723,808 Public safety 424,326,599 85,920,903 41,610,369 9,293,053 Physical environment 11,866,185 2,724,521 2,091,645 1,365,151 Transportation 60,474,649 1,736,425 6,365,873 19,008,375 Economic environment 10,641,250 637,379 3,064,028 - Human services 24,638,876 13,336 193,103 9,737 Culture and recreation 66,641,788 2,816,780 453,478 14,244,612 Interest on long term debt 8,310,112 - - - Total governmental activities 743,838,040 125,004,765 56,754,852 50,644,736 Business-type activities: Utility system 149,163,544 153,268,839 70,975 40,852,091 Solid waste system 13,356,025 67,485,967 - - Stormwater utility 24,854,911 24,864,522 91,769 715,208 Transit 37,541,631 2,264,559 10,559,114 1,312,976 Total business-type activities 224,916,111 247,883,887 10,721,858 42,880,275 Total primary government $ 968,754,151 $ 372,888,652 $ 67,476,710 $ 93,525,011 General revenues: Ad valorem taxes Motor fuel tax Tourist tax Franchise tax Local communications services tax Local government sales tax State revenue sharing-unrestricted Other state shared revenue-unrestricted Unrestricted investment earnings Miscellaneous Transfers Total general revenues and transfers Change in net position Net position - beginning Net position - ending The notes to the financial statements are an integral part of this statement. 46

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