2023 Sarasota County Annual Comprehensive Financial Report

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Intergovernmental $ 46,481,184 $ 149,419,753 $ 41,977,296 (107,442,457) $ Charges for services 300 300 240 (60) Judgments, Fines, and Forfeits - - 2,959 2,959 Interest income 12,415 13,184 1,146,959 1,133,775 Miscellaneous 1,235,393 1,664,568 7,459,936 5,795,368 Total revenues 47,729,292 151,097,805 50,587,390 (100,510,415) EXPENDITURES Current: General government - 37,750 37,750 - Public safety 32,262,730 136,191,411 89,107,360 47,084,051 Physical environment 4,975,270 6,012,390 1,550,188 4,462,202 Transportation - 350,000 - 350,000 Economic environment 8,097,871 8,330,248 2,833,735 5,496,513 Human services 363,500 373,600 202,929 170,671 Culture and recreation - 23,427 23,427 - Total expenditures 45,699,371 151,318,826 93,755,389 57,563,437 Excess (deficiency) of revenues over (under) expenditures 2,029,921 (221,021) (43,167,999) (42,946,978) OTHER FINANCING SOURCES (USES) Transfers in - 736 736 - Transfers out (2,820,000) (569,794) (496,248) 73,546 Total other financing sources and (uses) (2,820,000) (569,058) (495,512) 73,546 Net change in fund balances (790,079) (790,079) (43,663,511) (42,873,432) Fund balances - beginning 936,794 936,794 936,794 - Fund balances - ending $ 146,715 $ 146,715 $ (42,726,717) $ (42,873,432) The notes to the financial statements are an integral part of this statement. Federal, State & Local Grants Special Revenue Fund Sarasota County, Florida Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2023 61

RkJQdWJsaXNoZXIy MzM3Mjg=