Sarasota County Comprehensive Annual Financial Report 2019

Communication Services Tax Percent Fiscal Year Revenues Change 2010 10,590,006 $ (5.11) % 2011 10,538,700 (0.48) 2012 10,734,887 1.86 2013 10,675,572 (0.55) 2014 10,764,661 0.83 2015 10,216,291 (5.09) 2016 9,581,789 (6.21) 2017 9,973,816 4.09 2018 9,851,002 (1.23) 2019 9,370,896 (4.87) Maximum Combined Communication Services Tax Annual Revenues for the Fiscal Pro-Forma Debt Debt Service (1)(2) Year Ended September 30, 2019 Service Coverage 3,298,992 $ 9,370,896 $ 2.84X (1) (2) Includes maximum combined annual debt service on the Series 2010 Bonds, Series 2014 and the 2015 Refunding Notes. The Series 2010 Bonds were advance refunded in the fiscal year ended September 30, 2019. Pro-Forma Debt Service Coverage Sarasota County, Florida Continuing Disclosure September 30, 2019 Communication Services Tax Revenue Refunding Note, Series 2014 and 2015 Historical Receipts of Communications Services Tax Revenues Communication Services Tax Revenue Bonds Series 2010, and 310