Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Improvement Districts Special Revenue Fund For the Year Ended September 30, 2020 Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Taxes $ 130,909 $ 130,909 $ 134,546 $ 3,637 Permits, fees and special assessments 590,492 590,492 603,581 13,089 Interest income 2,637 2,637 12,579 9,942 Net inc (dec) in fair value of investments - - 8,527 8,527 Total revenues 724,038 724,038 759,233 35,195 EXPENDITURES Current: Physical environment 47,992 47,992 6,016 41,976 Transportation 269,579 280,981 153,453 127,528 Total expenditures 317,571 328,973 159,469 169,504 Excess (deficiency) of revenues over (under) expenditures 406,467 395,065 599,764 204,699 OTHER FINANCING SOURCES (USES) Transfers out (542,500) (542,500) (542,500) - Total other financing sources and (uses) (542,500) (542,500) (542,500) - Net change in fund balances (136,033) (147,435) 57,264 204,699 Fund balances - beginning 440,239 440,239 440,239 - Fund balances - ending $ 304,206 $ 292,804 $ 497,503 $ 204,699 194