2023 Sarasota County Annual Comprehensive Financial Report

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget Economic environment: Financial management $ 327,727 $ 360,606 $ 360,606 - $ Community services 99,000 116,581 30,570 86,011 Human services 843,083 843,083 722,550 120,533 Total economic environment 1,269,810 1,320,270 1,113,726 206,544 Human services: Community services 482,241 482,241 391,206 91,035 Human services 5,506,281 5,506,281 5,137,265 369,016 Public health services 3,482,409 3,482,409 3,346,162 136,247 Judicial 294,775 294,775 32,100 262,675 Total human services 9,765,706 9,765,706 8,906,733 858,973 Culture and recreation: Historical resources 605,878 611,053 456,494 154,559 Libraries 15,634,310 15,667,936 13,849,719 1,818,217 Parks and recreation 22,606,571 23,500,991 21,635,474 1,865,517 Total culture and recreation 38,846,759 39,779,980 35,941,687 3,838,293 Debt service: Principal 84,513 84,513 2,040,669 (1,956,156) Interest and fiscal charges 12,997 12,997 68,883 (55,886) Total debt service 97,510 97,510 2,109,552 (2,012,042) Total expenditures 328,458,137 333,812,085 318,638,233 15,173,852 Excess (deficiency) of revenues over (under) expenditures 25,726,443 21,074,779 70,598,785 49,524,006 OTHER FINANCING SOURCES (USES) Transfers in 6,081,863 6,234,374 5,674,343 (560,031) Transfers out (50,086,755) (61,893,449) (54,629,895) 7,263,554 Lease proceeds - - 5,484,444 5,484,444 Total other financing sources and (uses) (44,004,892) (55,659,075) (43,471,108) 12,187,967 Net change in fund balance (18,278,449) (34,584,296) 27,127,677 61,711,973 Fund balance - beginning 117,792,093 117,792,093 117,792,093 - Fund balance - ending $ 99,513,644 $ 83,207,797 $ 144,919,770 $ 61,711,973 Sarasota County, Florida General Fund Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2023 57

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