Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Obligation Series 2019 and Series 2020 Fund For the Year Ended September 30, 2020 REVENUES Taxes Interest income Total revenues $ Budgeted Amounts Original Final 2,480,568 $ 2,480,568 18,000 18,000 2,498,568 2,498,568 Actual Amounts GAAP Basis $ 2,511,950 15,265 2,527,215 Variance with Final Budget $ 31,382 (2,735) 28,647 EXPENDITURES Debt service: Principal Interest and fiscal charges Debt issuance cost Total expenditures 800,000 1,625,068 - 2,425,068 800,000 1,698,568 204,363 2,702,931 800,000 1,671,023 169,538 2,640,561 - 27,545 34,825 62,370 Excess (deficiency) of revenues over (under) expenditures 73,500 (204,363) (113,346) 91,017 OTHER FINANCING SOURCES (USES) Transfers in Total other financing sources (uses) - - 204,363 204,363 204,362 204,362 (1) (1) Net change in fund balances Fund balances - beginning Fund balances - ending $ 73,500 - 14,143 14,143 87,643 $ 14,143 91,016 14,143 $ 105,159 91,016 - $ 91,016 222