Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Combining Statement of Revenues, Expenses and Changes in Fund Net Position Internal Service Funds For the Year Fiscal Year Ended September 30, 2019 Board of County Commissioners Fleet Information Risk Services Technology Management OPERATING REVENUES Charges for services 22,440,934 $ 22,522,398 $ 4,761,991 $ Other revenue 69,821 - 511,146 Total operating revenues 22,510,755 22,522,398 5,273,137 OPERATING EXPENSES Personal services 2,856,427 8,839,134 615,317 General and administrative 8,267,918 10,961,957 3,169,598 Claims paid - - 1,880,309 Depreciation and amortization 10,456,949 2,912,605 1,231 Total operating expenses 21,581,294 22,713,696 5,666,455 Operating income (loss) 929,461 (191,298) (393,318) NON-OPERATING REVENUES (EXPENSES) Interest income 494,315 289,049 125,953 Net inc (dec) in fair value of investments 227,955 129,644 52,640 Other non operating revenues (expense) - (1,720) - Gain on disposition of assets 395,416 - - Total nonoperating revenues 1,117,686 416,973 178,593 Income (loss) before contributions and transfers 2,047,147 225,675 (214,725) Capital contributions - 428,187 - Transfers in 31,723 499,439 5,274 Transfers out (182,920) (362,035) - Change in net position 1,895,950 791,266 (209,451) Net position - beginning 48,772,967 23,435,793 3,250,441 Net position - ending 50,668,917 $ 24,227,059 $ 3,040,990 $ 234