Sarasota County Comprehensive Annual Financial Report 2020

Sarasota County, Florida Schedule of Revenues, Expenditures and Changes in Fund Balances - Budget and Actual Federal, State and Local Grants Special Revenue Fund For the Year Ended September 30, 2020 Budgeted Amounts Actual Amounts Variance with Original Final GAAP Basis Final Budget REVENUES Intergovernmental $ 12,230,921 $ 32,321,309 $ 58,686,670 $ 26,365,361 Charges for services 300 300 350 50 Interest income 12,495 14,495 79,296 64,801 Miscellaneous 353,909 353,909 226,959 (126,950) Total revenues 12,597,625 32,690,013 58,993,275 26,303,262 EXPENDITURES Current: General government 82,240 111,799 29,558 82,241 Public safety 3,665,810 23,658,965 11,133,115 12,525,850 Physical environment 4,554,922 4,373,740 1,572,761 2,800,979 Economic environment 3,752,891 4,020,352 1,369,838 2,650,514 Human services 213,500 254,987 234,300 20,687 Culture and recreation 50,000 50,000 32,446 17,554 Total expenditures 12,319,363 32,469,843 14,372,018 18,097,825 Excess (deficiency) of revenues over (under) expenditures 278,262 220,170 44,621,257 44,401,087 OTHER FINANCING SOURCES (USES) Transfers out (300,000) (300,728) (291,577) 9,151 Total other financing sources and (uses) (300,000) (300,728) (291,577) 9,151 Net change in fund balances (21,738) (80,558) 44,329,680 44,410,238 Fund balances - beginning (3,783,986) (3,783,986) (3,783,986) - Fund balances - ending $ (3,805,724) $ (3,864,544) $ 40,545,694 $ 44,410,238 61