Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Notes to Financial Statements September 30, 2019 X. GOVERNMENTAL FUND BALANCES At September 30, 2019, the County's governmental fund balances were classified as follows: Nonspendable: Endowments $ - $ - $ - $ - Inventories - 137,276 - - Total nonspendable - 137,276 - - Restricted: Debt service - - - - Capital projects - - - 49,799,702 Grants - - - - Enabling legislation - 24,888,443 14,147,913 - Impact fees - 2,604,082 61,992,342 - Other - - - - Total restricted - 27,492,525 76,140,255 49,799,702 Committed: Contingency/Emergency 52,347,904 - - - Capital projects - - - - Formal action - - - - Other - - - - Total committed 52,347,904 - - - Assigned: Compensated absences 4,395,759 - - - Subsequent year expenditures 20,714,591 - - - Total assigned 25,110,350 - - - Unassigned (1) : 21,257,344 - - - Total fund balances $ 98,715,598 $ 27,629,801 $ 76,140,255 $ 49,799,702 Note: (1) Included in Unassigned Fund Balance is Budget Stabilization and Economic Uncertainty Reserves in the following amounts: 20,817,686 $ 20,817,686 Major Funds General Fund Infrastructure One Cent Sales Tax Capital Projects Fund General Fund Emergency Services Special Revenue Fund Capital Revenue Programs Special Revenue Fund 90