Sarasota County Comprehensive Annual Financial Report 2019

Nonmajor Special Revenue Funds (continued) Law Enforcement - To account for revenues received for restitution of damage to either the Sheriff’s property or to an officer’s property. Funds from the sale of confiscated property and unclaimed evidence are also recorded in this fund. Sheriff’s Funds - To account for forfeited property in accordance with state and federal contractual obligations and Florida Statutes; to account for monies collected by the Clerk of Circuit Court and remitted to the Sheriff to provide for education and training of Sheriff’s personnel; and to account for revenue from the sale of various items to prisoners. Clerk’s Funds - To account for monies to be used for purchasing equipment, personnel training, and technical assistance in modernizing the official records system. Nonmajor Debt Service Funds Debt service funds are used to account for the accumulation of resources for, and the payment of, general long term debt principal and interest. Limited Ad Valorem Tax Series 2005 - To account for debt service on funds used to finance the costs of acquiring and protecting environmentally sensitive lands. Infrastructure Sales Surtax Series 2008A - To account for debt service on funds used to finance the planning, engineering, constructing, reconstructing, and equipping of various capital infrastructure projects. Bank Term Loans - To account for debt service on funds used for a variety of capital improvement projects, equipment purchases, and other uses. Commercial Paper - To account for debt service on funds used for a variety of capital improvement projects, equipment purchases, and other uses. Capital Improvement Series 2010 – To account for debt service on funds used to finance a portion of the cost of the acquisition, construction and renovation of a major league baseball spring training facility, including practice fields, and other ancillary facilities. Communication Services Tax Series 2010 - To account for debt service on funds used to finance or refinance the acquisition, construction, and equipping of an aquatic nature center and related improvements. Second Guaranteed Entitlement Series 2013 – To account for debt service on funds used to finance the planning, engineering, constructing, reconstructing, and equipping of the Sarasota Emergency Operations Center. Infrastructure Sales Surtax Series 2014A, Series 2015, Series 2018 – To account for debt service on funds used to advance refund all or a portion of the Infrastructure Sales Surtax Revenue Bonds Series 2008B maturing on or after October 1, 2018, Series 2008A maturing on or after October 1, 2019, and to refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission, respectively. Capital Improvement Series 2017 - To account for debt service on funds used 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. 164