Sarasota County Comprehensive Annual Financial Report 2019

program. This was a 99.6 percent increase over the prior fiscal year. During fiscal year 2019, $21.7 million was transferred to pay debt service. The Infrastructure One-Cent Sales Tax Capital Projects Fund has a total fund balance of $49.8 million, an increase $3.2 million from the prior fiscal year. This increase is a result of changes in capital construction related expenses and the timing of funding for the projects, majority of which, $18.4 million is allocated to Transportation. Transportation expenditures included costs for the County’s roadway resurfacing, sidewalk program and road improvement projects. The Debt Proceeds Capital Project Fund has a total fund balance of $27.4 million, an increase of $14.6 million from the prior fiscal year. This increase is largely a result of the issuance of the General Obligation Bonds, Series 2019 in the amount of $32.5 million. The fund balance must be used to account for specific general government capital improvements that are financed by the issuance of general obligation and non-self-supporting revenue bonds. During fiscal year 2019, $39.2 million was spent on capital construction with the largest part related to the acquisition and construction of Legacy Trail Extension railroad corridor project within the County. Proprietary Funds. Sarasota County’s proprietary funds provide the same type of information found in the government-wide statements but in more detail. Unrestricted net position of the Utility System increased $11.8 million to $156.1 million at the end of the current fiscal year. This is a result of increases to operating and non-operating revenues of the system combined with a decrease in non-operating expenses of the system. The Solid Waste System unrestricted net position increased by $283 thousand to $59.1 million at the end of the current fiscal year. The Stormwater Utility unrestricted net position increased $406 thousand to $22.1 million at the end of the current fiscal year. The Transportation Authority reported an increase in unrestricted net position of $2.1 million and reported negative unrestricted fund balance of $3.0 million at the end of the current fiscal year. This is largely due to changes in pension amounts of the Transportation Authority. Unrestricted net position in the proprietary funds is available to fund future needs of their respective activities. Other factors concerning the finances of these funds have previously been addressed in the discussion of Sarasota County’s business-type activities on page 36. Unrestricted net position in the internal services funds amounted to $40.5 million at the end of the current fiscal year, a decrease of $5.0 million over the prior fiscal year. The County’s Workers’ Compensation fund reported a decrease in unrestricted net position due to an increase in the actuarial determined liability, a decrease in charges for services related to a change in population and ultimately reflected negative $4.1 million in unrestricted net position at the end of the fiscal year due to this liability. The Public Works fund also reported negative unrestricted net position at the end of the fiscal year of $ 1.9 million due to the net pension liability. General Fund Budgetary Highlights During the current fiscal year, the Board of County Commissioners approved a $4.8 million increase in appropriations between the original and the final amended budget. This variance was largely due to personnel and operating expenditure increases for the Sheriff. Budget to actual variances for the General Fund are listed below:  Appropriations for unanticipated repairs and expenses in Administration of $4.3 million were unspent during fiscal year 2019.  Appropriations for General Services of $2.7 million were unspent during fiscal year 2019 due to underspent contingency budgets for operating and facilities maintenance.  Budgetary fund balance of $23.2 million was budgeted to be used in fiscal year 2019, however none was used. 38