Sarasota County Comprehensive Annual Financial Report 2019

SARASOTA COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 2019 TABLE OF CONTENTS 9) Landfill Closure and Postclosure Care Cost.................................................................................................... 121 10) Risk Management............................................................................................................................................ 122 11) Employee Retirement Plans ............................................................................................................................ 123 12)Deferred Compensation Plan .......................................................................................................................... 13 4 13) Post-Employment Benefits (Other Than Pensions)......................................................................................... 134 14)Contingencies .................................................................................................................................................. 14 1 15) Subsequent Events ......................................................................................................................................... 141 16) Deficit Fund Balances...................................................................................................................................... 141 17) Tax Abatement ................................................................................................................................................ 142 Required Supplementary Information: Schedule of Changes in the County’s Net OPEB Liability and Related Ratios ..................................................... 144 Schedule of Contributions for the County’s OPEB Trust Fund .............................................................................. 145 Schedule of Changes in the Sheriff’s Net OPEB Liability and Related Ratios ...................................................... 147 Schedule of Proportionate Share of Net Pension Liability ..................................................................................... 148 Schedule of Contributions ...................................................................................................................................... 154 Governmental Funds Financial Statements: Combining and Individual Fund Statements and Other Supplemental Information: Combining Balance Sheet – Nonmajor Governmental Funds ............................................................................... 166 Combining Statement of Revenues, Expenditures and Changes in Fund Balances Nonmajor Governmental Funds ...................................................................................................................... 168 Special Revenue Funds: Subcombining Balance Sheet – Nonmajor Special Revenue Funds........................................................ 170 Subcombining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Special Revenue Funds ..................................................................................... 176 Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – Nonmajor Special Revenue Funds: Transportation Special Revenue Fund............................................................................................... 182 Building and Zoning Special Revenue Fund ...................................................................................... 183 Tourist Development Special Revenue Fund..................................................................................... 184 Franchise Utilities Special Revenue Fund.......................................................................................... 185 Mosquito Control Special Revenue Fund........................................................................................... 186 Grants in Aid Special Revenue Fund ................................................................................................. 187 Federal, State & Local Grants Special Revenue Fund ...................................................................... 188 Environmental Resources Special Revenue Fund............................................................................. 189 Gifts, Donations and Recreation Special Revenue Fund................................................................... 190 Improvement Districts Special Revenue Fund ................................................................................... 191 Court Improvements Special Revenue Fund ..................................................................................... 192 Street Lighting Districts Special Revenue Fund ................................................................................. 193 Arts in Public Places Special Revenue Fund ..................................................................................... 194 Economic Development Special Revenue Fund ................................................................................ 195 Moving Violation Surcharge Special Revenue Fund .......................................................................... 196 Law Enforcement Special Revenue Fund .......................................................................................... 197 Sheriff’s Special Revenue Fund ........................................................................................................ 198 Clerk’s Special Revenue Fund ........................................................................................................... 199 Debt Service Funds: Subcombining Balance Sheet – Nonmajor Debt Service Funds .............................................................. 200 Subcombining Statement of Revenues, Expenditures, and Changes in Fund Balances – Nonmajor Debt Service Funds............................................................................................ 204 4