2023 Sarasota County Annual Comprehensive Financial Report

Sarasota County, Florida Statement of Net Position Proprietary Funds September 30, 2023 6 16 16 Major Major Major Utility Solid Waste Stormwater System System Utility ASSETS Current unrestricted assets: Cash and investments $ 194,791,916 $ 90,238,023 $ 30,367,700 Interest receivable 871,572 353,965 122,873 Accounts and lease receivables 15,220,775 848,387 - Prepaid items - - - Internal balances 1,775,361 - - Intergovernmental receivable 10,350 946,706 25,351 Inventories - 63,115 159,164 Total current unrestricted assets 212,669,974 92,450,196 30,675,088 Current restricted assets: Customer deposits cash 3,684,380 864,483 - Landfill closure cash - 391,354 - Debt service cash 48,152 - - Construction trust cash 10,987,070 - 62,525 Due from other governments 21,534 - - Total current restricted assets 14,741,136 1,255,837 62,525 Total current assets 227,411,110 93,706,033 30,737,613 Non-current assets: Restricted assets Landfill closure cash - 32,291,215 - Construction trust cash 162,589,156 1,638,027 1,317,546 Debt service cash - 200,667 - Renewal and replacement cash 2,000,000 500,000 - Capacity fee receivable 1,687,074 - - Intergovernmental receivable 5,078,466 - 1,105,053 Interest receivable 515,791 142,641 5,504 Total non-current restricted assets 171,870,487 34,772,550 2,428,103 Net OPEB asset 115,412 16,621 40,697 Nondepreciable capital assets 207,944,144 30,644,604 16,236,822 Depreciable capital and lease assets (net) 690,943,750 87,014,176 62,683,579 Total non-current assets 899,003,306 117,675,401 78,961,098 Total assets 1,298,284,903 246,153,984 112,126,814 DEFERRED OUTFLOWS OF RESOURCES Deferred amounts on debt refundings 6,631,812 - - Deferred amounts for pensions 2,874,541 411,492 1,048,690 Deferred amounts for OPEB 445,151 64,107 156,971 Total deferred outflows of resources 9,951,504 $ $ 475,599 $ 1,205,661 The notes to the financial statements are an integral part of this statement. Business-type Activities Enterprise Funds 62

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