Sarasota County Comprehensive Annual Financial Report 2019

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Interest income - $ - $ 12,412 $ 12,412 $ Net inc (dec) in fair value of investments - - 5,699 5,699 Total revenues - - 18,111 18,111 EXPENDITURES Debt service: Principal 4,153,000 4,153,000 506,000 3,647,000 Interest and fiscal charges 1,563,967 1,030,555 257,524 773,031 Total expenditures 5,716,967 5,183,555 763,524 4,420,031 Excess (deficiency) of revenues over (under) expenditures (5,716,967) (5,183,555) (745,413) 4,438,142 OTHER FINANCING SOURCES (USES) Transfers in 5,716,967 5,183,555 909,866 (4,273,689) Total other financing sources (uses) 5,716,967 5,183,555 909,866 (4,273,689) Net change in fund balances - - 164,453 164,453 Fund balances - beginning 207,648 207,648 207,648 - Fund balances - ending 207,648 $ 207,648 $ 372,101 $ 164,453 $ Commercial Paper Debt Service Fund Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2019 211