Sarasota County Comprehensive Annual Financial Report 2019

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Taxes 11,946,182 $ 11,946,182 $ 13,295,837 $ 1,349,655 $ Permits, fees and special assessments - - 315 315 Intergovernmental 5,050,454 5,050,454 5,355,466 305,012 Charges for services 1,271,211 1,271,211 2,069,096 797,885 Interest income 70,517 70,517 67,532 (2,985) Net inc (dec) in fair value of investments - - 20,273 20,273 Contributions and donations - - 52,498 52,498 Miscellaneous 28,500 28,500 172,828 144,328 Total revenues 18,366,864 18,366,864 21,033,845 2,666,981 EXPENDITURES Current: Transportation 20,833,491 20,882,757 18,577,912 2,304,845 Total expenditures 20,833,491 20,882,757 18,577,912 2,304,845 Excess (deficiency) of revenues over (under) expenditures (2,466,627) (2,515,893) 2,455,933 4,971,826 OTHER FINANCING SOURCES (USES) Transfers in 6,213,454 6,262,720 3,245,671 (3,017,049) Transfers out (3,746,827) (3,746,827) (3,746,827) - Total other financing sources and (uses) 2,466,627 2,515,893 (501,156) (3,017,049) Net change in fund balances - - 1,954,777 1,954,777 Fund balances - beginning 1,994,681 1,994,681 1,994,681 - Fund balances - ending 1,994,681 $ 1,994,681 $ 3,949,458 $ 1,954,777 $ Sarasota County, Florida Transportation Special Revenue Fund Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2019 182