Sarasota County Comprehensive Annual Financial Report 2019

Fleet Information Risk Services Technology Management Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) 929,461 $ (191,298) $ (393,318) $ Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities: Depreciation expense 10,456,949 2,912,605 1,231 (Increase) decrease in intergovernmental receivable (36,329) - - (Increase) decrease in inventories (21,094) - - (Increase) decrease in prepaid items - - (164,684) (Increase) decrease in OPEB assets held in trust (30,381) (62,032) (5,051) (Increase) decrease in deferred outflows for pensions 54,561 187,354 10,267 (Increase) decrease in deferred outflows for OPEB 1,117 2,282 186 Increase (decrease) in vouchers payable (57,283) 38,529 34,348 Increase (decrease) in wages and benefits payable 13,626 45,484 1,352 Increase (decrease) in contract and retainage payable 376,148 138,431 7,705 Increase (decrease) in claims payable - - 193,343 Increase (decrease) in intergovernmental payable (1,813) - - Increase (decrease) in net pension liability 166,827 557,756 42,297 Increase (decrease) in compensated absences 47,120 49,340 6,005 Increase (decrease) in deferred inflows for pensions (47,585) (161,859) (10,066) Increase (decrease) in deferred inflows for OPEB 6,152 12,561 1,023 Total adjustments 10,928,015 3,720,451 117,956 Net cash provided by (used for) operating activities 11,857,476 $ 3,529,153 $ (275,362) $ Contributed capital assets - $ 428,187 $ - $ Transfers of capital assets - 1,720 - Payables related to capital asset acquistion 557,060 - - Change in fair value of investments 76,194 43,675 19,384 Board of County Commissioners Non-cash investing, capital and financing activities: For the Year Ended September 30, 2019 Sarasota County, Florida Combining Statement of Cash Flows-Continued Internal Service Funds 238