Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Balance Sheet Governmental Funds September 30, 2019 Emergency Capital Revenue Services Programs General Special Special Fund Revenue Fund Revenue Fund ASSETS Cash and investments 100,664,884 $ 22,528,437 $ 69,937,422 $ Accounts receivable (net) - 7,343,862 - Accounts receivable - other 3,550,021 - - Interest receivable 189,958 59,138 161,317 Due from other funds 4,464,112 - - Intergovernmental receivable 10,454,454 1,015,868 8,121,180 Loans receivable - - - Inventories - 137,276 - Other assets - - - Total assets 119,323,429 $ 31,084,581 $ 78,219,919 $ LIABILITIES AND FUND BALANCES Liabilities: Accounts payable 4,873,725 $ 381,442 $ 277,928 $ Wages and benefits payable 8,137,093 2,578,850 - Contracts and retainages payable 2,049,445 493,300 - Due to other funds - - - Due to individuals 98,647 - - Intergovernmental payable 1,184,786 1,188 114,208 Unearned revenue 184,582 - - Deposits 17,463 - - Total liabilities 16,545,741 3,454,780 392,136 DEFERRED INFLOWS OF RESOURCES Taxes received in advance 2,764,336 - - Unavailable revenues 1,297,754 - 1,687,528 Total deferred inflows of resources 4,062,090 - 1,687,528 Fund Balances Nonspendable - 137,276 - Restricted - 27,492,525 76,140,255 Committed 52,347,904 - - Assigned 25,110,350 - - Unassigned 21,257,344 - - Total fund balances 98,715,598 27,629,801 76,140,255 Total liabilities, deferred inflows of resources and fund balances 119,323,429 $ 31,084,581 $ 78,219,919 $ The notes to the financial statements are an integral part of this statement. 48