Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Subcombining Statement of Revenues, Expenditures and Changes in Fund Balances Nonmajor Debt Service Funds For the Year Ended September 30, 2019 Capital Capital Capital Improvement Improvement Improvement Series 2017 Series 2018A Series 2018B REVENUES Taxes - $ - $ - $ Intergovernmental - - - Interest income 11,907 11,142 23,466 Net inc (dec) in fair value of investments 389 2,006 5,963 Total revenues 12,296 13,148 29,429 EXPENDITURES Current: Debt service: Principal 465,000 305,000 1,250,000 Interest and fiscal charges 726,945 766,475 730,794 Debt issuance costs - - - Total expenditures 1,191,945 1,071,475 1,980,794 Excess (deficiency) of revenues over (under) expenditures (1,179,649) (1,058,327) (1,951,365) OTHER FINANCING SOURCES (USES) Transfers in 1,191,945 1,070,650 1,979,972 Transfers out - - - Issuance of refunding bonds - - - Payment to refunded bond escrow agent - - - Premium on bond issuance - - - Total other financing sources (uses) 1,191,945 1,070,650 1,979,972 Net change in fund balances 12,296 12,323 28,607 Fund balances - beginning 30,127 40,948 7,904 Fund balances - ending 42,423 $ 53,271 $ 36,511 $ 206