Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Balance Sheet Governmental Funds September 30, 2020 Emergency Capital Revenue Services Programs General Special Special Fund Revenue Fund Revenue Fund ASSETS Cash and investments $ 126,259,963 $ 19,586,864 $ 69,224,210 Accounts receivable (net) - 6,743,568 - Accounts receivable - other 3,632,809 - - Interest receivable 133,077 26,362 98,153 Due from individuals - 138 - Due from other funds 42,085,881 - - Intergovernmental receivable 10,122,153 988,767 8,590,520 Loans receivable - - - Inventories - 190,440 - Prepaid items - - - Total assets $ 182,233,883 $ 27,536,139 $ 77,912,883 LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES Liabilities: Accounts payable $ 1,913,528 $ 133,059 $ 372,661 Wages and benefits payable 10,908,928 3,066,864 - Contracts and retainages payable 3,748,531 908,530 - Due to other funds 48,898,257 - - Due to individuals 101,269 - - Intergovernmental payable 1,256,711 - - Unearned revenue 252,859 - - Deposits 6,425 - - Total liabilities 67,086,508 4,108,453 372,661 DEFERRED INFLOWS OF RESOURCES Taxes received in advance 2,835,540 - - Unavailable revenues 898,445 - 1,168,289 Total deferred inflows of resources 3,733,985 - 1,168,289 Fund Balances Nonspendable - 190,440 - Restricted - 23,237,246 76,371,933 Committed 53,073,718 - - Assigned 23,342,505 - - Unassigned 34,997,167 - - Total fund balances 111,413,390 23,427,686 76,371,933 Total liabilities, deferred inflows of resources and fund balances $ 182,233,883 $ 27,536,139 $ 77,912,883 The notes to the financial statements are an integral part of this statement. 48