Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Combining Statement of Cash Flows-Continued Internal Service Funds For the Year Ended September 30, 2020 Board of County Commissioners Fleet Information Risk Services Technology Management Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) $ 2,212,799 $ (942,508) $ (520,540) Adjustments to reconcile operating income (loss) to net cash provided by (used for) operating activities: Depreciation and amortization expense 10,979,223 3,367,460 1,178 (Increase) decrease in accounts receivable - (19,487) - (Increase) decrease in intergovernmental receivable (1,480) (90,438) - (Increase) decrease in inventories 43,242 - - (Increase) decrease in prepaid items - - (122,502) (Increase) decrease in OPEB assets held in trust (13,174) (26,920) (3,174) (Increase) decrease in deferred outflows for pensions (64,275) (246,686) (25,903) (Increase) decrease in deferred outflows for OPEB (17,343) (35,425) (3,470) Increase (decrease) in vouchers payable (9,331) (85,405) 49,525 Increase (decrease) in wages and benefits payable 30,442 83,444 8,415 Increase (decrease) in contracts and retainage payable (316,794) 863,522 14,742 Increase (decrease) in net pension liability 443,221 1,598,692 138,334 Increase (decrease) in compensated absences 11,639 131,142 1,331 Increase (decrease) in claims payable - - 790,388 Increase (decrease) in deferred inflows for pensions (83,994) (281,351) (17,710) Increase (decrease) in deferred inflows for OPEB (1,801) (3,652) 776 Total adjustments 10,999,575 5,254,896 831,930 Net cash provided by (used for) operating activities $ 13,212,374 $ 4,312,388 $ 311,390 Non-cash investing, capital and financing activities: Transfers of capital assets to other funds $ 13,986 $ - $ - Change in fair value of investments 311,868 186,812 69,079 Payables related to capital asset acquisition 853,585 - - 242