Sarasota County Comprehensive Annual Financial Report 2019

Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Interest income - $ - $ 11,907 $ 11,907 $ Net inc (dec) in fair value of investments - - 389 389 Total revenues - - 12,296 12,296 EXPENDITURES Debt service: Principal 465,000 465,000 465,000 - Interest and fiscal charges 726,945 726,945 726,945 - Total expenditures 1,191,945 1,191,945 1,191,945 - Excess (deficiency) of revenues over (under) expenditures (1,191,945) (1,191,945) (1,179,649) 12,296 OTHER FINANCING SOURCES (USES) Transfers in 1,191,945 1,191,945 1,191,945 - Total other financing sources (uses) 1,191,945 1,191,945 1,191,945 - Net change in fund balances - - 12,296 12,296 Fund balances - beginning 30,127 30,127 30,127 - Fund balances - ending 30,127 $ 30,127 $ 42,423 $ 12,296 $ Capital Improvement Series 2017 Fund Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual For the Year Ended September 30, 2019 216