Sarasota County Comprehensive Annual Financial Report 2019

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Interest income 20,000 $ 20,000 $ 212,253 $ 192,253 $ Net inc (dec) in fair value of investments - - 1,031 1,031 Total revenues 20,000 20,000 213,284 193,284 EXPENDITURES Debt service: Principal 13,005,000 13,005,000 13,005,000 - Interest and fiscal charges 4,238,450 4,238,450 4,237,349 1,101 Total expenditures 17,243,450 17,243,450 17,242,349 1,101 Excess (deficiency) of revenues over (under) expenditures (17,223,450) (17,223,450) (17,029,065) 194,385 OTHER FINANCING SOURCES (USES) Transfers in 17,223,450 17,223,450 17,223,450 - Total other financing sources (uses) 17,223,450 17,223,450 17,223,450 - Net change in fund balances - - 194,385 194,385 Fund balances - beginning 90,340 90,340 90,340 - Fund balances - ending 90,340 $ 90,340 $ 284,725 $ 194,385 $ Infrastructure Sales Surtax Series 2014A, Series 2015 and Series 2018 Fund Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2019 215