Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Statement of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual General Fund For the Year Ended September 30, 2020 Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget Economic environment: Financial management $ 200,000 $ 200,000 $ 200,000 $ - Community services 99,000 62,753 - 62,753 Human services 723,131 718,131 698,722 19,409 Total economic environment 1,022,131 980,884 898,722 82,162 Human services: Community services 520,049 514,049 441,681 72,368 Human services 5,555,344 5,636,344 5,228,861 407,483 Public health services 3,479,943 3,377,116 3,367,988 9,128 Judicial 117,555 133,778 134,375 (597) Total human services 9,672,891 9,661,287 9,172,905 488,382 Culture and recreation: Historical resources 556,668 555,108 482,271 72,837 Libraries 13,454,614 13,456,174 12,336,206 1,119,968 Parks and recreation 19,501,765 19,505,765 18,219,555 1,286,210 Total culture and recreation 33,513,047 33,517,047 31,038,032 2,479,015 Debt service: Principal 67,555 67,555 67,555 - Interest and fiscal charges 24,331 24,331 24,330 1 Total debt service 91,886 91,886 91,885 1 Total expenditures 272,890,343 274,011,378 256,863,191 17,148,187 Excess (deficiency) of revenues over (under) expenditures 15,803,862 14,902,233 37,857,024 22,954,791 OTHER FINANCING SOURCES (USES) Transfers in 5,222,949 7,381,070 7,260,462 (120,608) Transfers out (40,941,402) (33,867,454) (32,419,694) 1,447,760 Total other financing sources and (uses) (35,718,453) (26,486,384) (25,159,232) 1,327,152 Net change in fund balance (19,914,591) (11,584,151) 12,697,792 24,281,943 Fund balance - beginning 98,715,598 98,715,598 98,715,598 - Fund balance - ending $ 78,801,007 $ 87,131,447 $ 111,413,390 $ 24,281,943 57