Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Notes to Financial Statements September 30, 2020 Balance Balance 9/30/2019 Additions Deletions 9/30/2020 Business-type Activities Capital assets, not being depreciated or amortized: Land Utility System $ 19,557,141 $ 74,407 $ - $ 19,631,548 Solid Waste System 27,609,210 - - 27,609,210 Stormw ater Utility 15,155,863 - - 15,155,863 Transportation Authority 2,265,535 - - 2,265,535 Total 64,587,749 74,407 - 64,662,156 Right of Way/Easements Utility System 735,586 753,106 - 1,488,692 Total 735,586 753,106 - 1,488,692 Construction In Progress Utility System 23,622,872 48,726,447 16,156,125 56,193,194 Solid Waste System 1,379,217 1,598,037 399,343 2,577,911 Stormw ater Utility 1,236,614 1,767,979 1,672,667 1,331,926 Total 26,238,703 52,092,463 18,228,135 60,103,031 Total capital assets, not being depreciated or amortized 91,562,038 52,919,976 18,228,135 126,253,879 Capital assets, being depreciated or amortized: Buildings and building improvements Utility System 108,840,373 - 11,445,443 97,394,930 Solid Waste System 5,287,196 - - 5,287,196 Stormw ater Utility 588,920 - 49,930 538,990 Transportation Authority 9,463,109 - - 9,463,109 Total 124,179,598 - 11,495,373 112,684,225 Equipment Utility System 53,796,768 152,149 40,394,707 13,554,210 Solid Waste System 524,206 8,545 57,322 475,429 Stormw ater Utility 506,955 45,079 97,024 455,010 Transportation Authority 33,596,399 404,655 1,514,415 32,486,639 Total 88,424,328 610,428 42,063,468 46,971,288 Infrastructure Utility System 938,418,374 64,298,970 761,048 1,001,956,296 Solid Waste System 103,714,198 351,626 - 104,065,824 Stormw ater Utility 150,214,969 1,274,505 - 151,489,474 Transportation Authority 7,399,051 282,212 - 7,681,263 Total 1,199,746,592 66,207,313 761,048 1,265,192,857 Software Utility System - 665,416 - 665,416 Transportation Authority 1,964,685 99,506 - 2,064,191 Total 1,964,685 764,922 - 2,729,607 Water, Timber Rights Utility System 27,027,363 - - 27,027,363 Total 27,027,363 - - 27,027,363 Total capital assets, being depreciated or amortized $ 1,441,342,566 $67,582,663 $ 54,319,889 $ 1,454,605,340 108