Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Combining Statement of Revenues, Expenses and Changes in Fund Net Position Internal Service Funds For the Year Fiscal Year Ended September 30, 2020 Board of County Commissioners Fleet Information Risk Services Technology Management OPERATING REVENUES Charges for services $ 23,901,064 $ 22,803,624 $ 5,266,946 Other revenue - - 208,135 Total operating revenues 23,901,064 22,803,624 5,475,081 OPERATING EXPENSES Personal services 3,009,333 9,504,209 699,579 General and administrative 7,699,709 10,874,463 3,459,355 Claims paid - - 1,835,509 Depreciation and amortization 10,979,223 3,367,460 1,178 Total operating expenses 21,688,265 23,746,132 5,995,621 Operating income (loss) 2,212,799 (942,508) (520,540) NON-OPERATING REVENUES (EXPENSES) Interest income 384,253 230,171 85,112 Net inc (dec) in fair value of investments 248,077 150,565 52,443 Other non operating revenues (expense) (13,986) - - Gain on disposition of assets 986,735 - - Total nonoperating revenues 1,605,079 380,736 137,555 Income (loss) before contributions and transfers 3,817,878 (561,772) (382,985) Transfers in - 443,977 - Transfers out (183,420) (930,202) - Change in net position 3,634,458 (1,047,997) (382,985) Net position - beginning 50,668,917 24,227,059 3,040,990 Net position - ending $ 54,303,375 $ 23,179,062 $ 2,658,005 238