Sarasota County Comprehensive Annual Financial Report 2019

2010 2011 2012 2013 NET (EXPENSE)/REVENUE Governmental activities: General government (50,560,560) $ (53,355,874) $ (49,039,124) $ (47,590,125) $ Public safety (118,268,219) (112,464,059) (116,599,284) (115,003,809) Physical environment 573,289 (4,763,558) (4,410,080) (3,469,062) Transportation (37,465,055) (29,222,033) (36,126,639) (51,888,992) Economic environment (8,853,127) (11,193,526) (8,582,373) (7,752,255) Human services (18,723,389) (19,413,764) (18,846,422) (20,580,844) Culture and recreation (28,693,221) (20,076,966) (31,710,053) (22,645,587) Interest on long term debt (15,616,461) (15,365,483) (14,869,484) (15,242,712) Subtotal governmental activities net expense (277,606,743) (265,855,263) (280,183,459) (284,173,386) Business-type activities: Utility system 11,848,413 14,626,918 20,129,375 18,556,352 Solid waste system 5,859,990 3,513,873 3,839,909 2,493,804 Stormwater utility 7,639,306 5,754,901 2,851,684 2,391,097 Transportation authority (12,484,419) (7,313,469) (15,967,604) (17,919,800) Subtotal business-type activities net expense 12,863,290 16,582,223 10,853,364 5,521,453 Total primary government net expense (264,743,453) (249,273,040) (269,330,095) (278,651,933) GENERAL REVENUES AND OTHER CHANGES IN NET POSITION Governmental activities: Ad valorem taxes 176,753,200 160,219,581 150,531,445 150,965,782 Motor fuel tax 11,732,182 11,697,973 11,183,012 11,552,806 Tourist tax 9,777,447 11,469,148 14,076,593 14,960,055 Franchise tax 16,941,643 16,576,491 15,665,884 15,346,666 Local communications services tax 10,590,006 10,538,700 10,734,887 10,675,672 Local government sales tax 46,323,424 49,837,878 50,271,002 52,186,598 State revenue sharing-unrestricted 7,425,253 7,581,187 7,772,346 8,219,825 Other state shared revenue-unrestricted 2,898,600 2,798,056 2,770,828 2,719,695 Unrestricted investment earnings 24,854,089 19,467,113 17,959,499 (1,469,198) Securities lending income 180,271 5,760 23,538 - Miscellaneous 8,794,774 6,520,740 6,636,129 31,308,390 Transfers (15,243,600) (17,861,861) (11,196,862) (20,477,496) Subtotal governmental activities 301,027,289 278,850,766 276,428,301 275,988,795 Business-type activities: Unrestricted investment earnings 6,251,019 5,584,404 6,517,940 734,733 Miscellaneous 1,892,910 2,898,676 2,126,773 2,601,881 Transfers 15,243,600 17,861,861 11,196,862 20,477,496 Subtotal business-type activities 23,387,529 26,344,941 19,841,575 23,814,110 Total primary government 324,414,818 305,195,707 296,269,876 299,802,905 Increase (Decrease) in Net Position Governmental activities 23,420,546 12,995,503 (3,755,158) (8,184,591) Business-type activities 36,250,819 42,927,164 30,694,939 29,335,563 Total primary government 59,671,365 $ 55,922,667 $ 26,939,781 $ 21,150,972 $ (accrual basis of accounting) Fiscal Year Sarasota County, Florida Changes in Net Position Last Ten Fiscal Years 260