Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Notes to Financial Statements September 30, 2020 Purpose/ Interest Original Outstanding Issue Revenue Pledged Maturity Rate Amount Amount Revenue Note, Series 2014B (Bank Term Loan) Limited Ad Valorem Tax Refunding Bond (Environmentally Sensitive Lands and Parkland Program) Series 2014 (Bank Term Loan) Communications Services Tax Revenue Refunding Note, Series 2015 (Bank Term Loan) Infrastructure Sales Surtax Revenue Note, Series 2020 (Bank Term Loan) To finance or refinance all or a portion of the costs of improvements to the issuer's 800MHz critical public safety communication system and radios. To advance refund a portion of the County's Limited Ad Valorem Tax Bonds (Environmentally Sensitive Lands and Parkland Program), Series 2008, maturing on or after October 1, 2019. Secured by a pledge of the Limited Ad Valorem Tax Revenues. To advance refund a portion of the County's Communications Services Tax Revenue Bonds, Series 2006, maturing on or after October 1, 2017. Secured by CSTR. To finance the acquisition, construction and equipping of the improvements to the South County Courts and R.L. Anderson Building Remodel. Secured by a pledge of the Infrastructure Sales Surtax Revenues. Total Notes Payable from direct placements - Governmental Acti 2024 2.48% $ 17,955,000 $ 7,715,000 2029 2.70% 70,740,000 59,665,000 2026 2.20% 11,430,000 7,070,000 2024 0.82% 9,070,000 9,070,000 vities $ 106,629,000 115