Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Notes to Financial Statements September 30, 2019 Issue Purpose/ Revenue Pledged Maturity Interest Rate Original Amount Outstanding Amount Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2015 To advance refund all of the Series 2008A Bonds maturing on or after October 1, 2019. Secured by a pledge of the Infrastructure Sales Surtax Revenues 2024 4.00% to 5.00% 33,490,000 $ 30,515,700 $ Capital Improvement Revenue Bonds, Series 2017 (Federally Taxable) To finance a portion of the cost of the acquisition and construction of the spring training facility for the Atlanta National League Baseball Club, LLC. Secured by a pledge of the Half-Cent Sales Tax Revenues 2047 2.30% to 3.72% 21,625,000 20,805,000 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2018 To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. Secured by the pledge of the Infrastructure Sales Surtax Revenues 2024 5.00% 22,965,000 19,727,285 Capital Improvement Refunding Revenue Bonds, Series 2018A To refinance a loan from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission, the proceeds of which were used to finance the costs of the acquisition, construction and equipping of the Sheriff's Office and Administrative Headquarters Facility. Secured by a pledge of the Half-Cent Sales Tax Revenues 2047 3.50% to 5.00% 18,015,000 18,752,006 Capital Improvement Refunding Revenue Bonds, Series 2018B To refinance loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. Secured by a pledge of the Half-Cent Sales Tax Revenues 2034 3.00% to 5.00% 16,215,000 15,715,223 109