Sarasota County Comprehensive Annual Financial Report 2019

Sarasota County, Florida Notes to Financial Statements September 30, 2019 At September 30, 2019, the County had the following investments: Fair Value Measurement Using Total Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs 9/30/2019 (Level 1) (Level 2) (Level 3) Investments By Fair Value Level U.S. Treasury $ 20,080,561 $ 20,080,561 $ - $ - U.S Agencies Fixed 283,001,078 - 283,001,078 - Adjustable Mortgages 55,313,972 - 55,313,972 - Fixed Mortgages 102,061,193 - 102,061,193 - GNMA Adjustable Mortgages 138,793,146 - 138,793,146 - Fixed Mortgages 26,132,883 - 26,132,883 - Total Investments by Fair Value Level $ 625,382,834 $ 20,080,561 $ 605,302,273 $ - Investments Measured At Net Asset Value (NAV) FLFIT $ 101,343,504 FLSAFE 25,802,451 FLGIT 20,680,390 FLPALM 75,234,376 Total Investments Measured at NAV $ 223,060,722 Investments At Amortized Cost Certificates of Deposit $ 60,000,000 Short term cash 9,809,403 Total investments at Cost $ 69,809,403 Total Investments $ 918,252,959 Other information for investments measured at the NAV or its equivalent follows: 2019 Fair Value Unfunded Commitments Redemption Frequency Redemption Notice Period Pooled/Common/Commingled Funds: FLFIT Cash Pool $ 101,343,504 $ - Daily 12:30 PM EST prior day FLSAFE Stable NAV 25,802,451 - Daily 1:00 PM EST same day FLGIT Day to Day 20,680,390 - Daily 11:00 AM EST same day FLPALM 75,234,376 - Daily 2:00 PM EST same day Total Investments Measured at NAV $ 223,060,722 $ - 94