Sarasota County Comprehensive Annual Financial Report 2020

SARASOTA COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 2020 TABLE OF CONTENTS Debt Service Funds: Subcombining Balance Sheet – Nonmajor Debt Service Funds .............................................................. 204 Subcombining Statement of Revenues, Expenditures, and Changes in Fund Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – Nonmajor Debt Service Funds: Balances – Nonmajor Debt Service Funds............................................................................................ 208 Limited Ad Valorem Tax Series 2005 Fund........................................................................................ 212 Bank Term Loans Debt Service Fund ................................................................................................ 213 Commercial Paper Debt Service Fund ............................................................................................... 214 Capital Improvement Series 2010 Fund............................................................................................. 215 Communications Service Tax Series 2010 Fund ............................................................................... 216 Second Guaranteed Entitlement Series 2013 Fund........................................................................... 217 Infrastructure Sales Surtax Series 2014A, Series 2015, and Series 2018 Fund ............................... 218 Capital Improvement Series 2017 Fund............................................................................................. 219 Capital Improvement Series 2018A Fund .......................................................................................... 220 Capital Improvement Series 2018B Fund .......................................................................................... 221 General Obligation Series 2019, and Series 2020 Fund.................................................................... 222 Capital Improvement Series 2019A Fund .......................................................................................... 223 Capital Improvement Series 2019B Fund .......................................................................................... 224 Capital Improvement Series 2019C Fund .......................................................................................... 225 Capital Improvement Series 2020 Fund............................................................................................. 227 Capital Projects Funds: Subcombining Balance Sheet – Nonmajor Capital Projects Funds.......................................................... 228 Subcombining Statement of Revenues, Expenditures, and Changes in Fund Balances – Nonmajor Capital Projects Funds ....................................................................................... 230 Permanent Fund: Schedule of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – Library Endowments ......................................................................................................... 233 Internal Service Funds: Combining Statement of Net Position – Internal Service Funds............................................................................ 236 Combining Statement of Revenues, Expenses, and Changes in Fund Net Position – Internal Service Funds ............................................................................................................. 238 Combining Statement of Cash Flows – Internal Service Funds ............................................................................ 240 Fiduciary Funds: Combining Statement of Fiduciary Net Position – Agency Funds ......................................................................... 246 Combining Statement of Changes in Fiduciary Net Position – Agency Funds...................................................... 248 Englewood Community Redevelopment Agency: Balance Sheet – Englewood Community Redevelopment Agency ....................................................................... 250 Statement of Revenues, Expenditures and Changes in Fund Notes: Balance - Englewood Community Redevelopment Agency............................................................................ 251 1) Summary of Significant Accounting Policies ............................................................................................... 253 2) Interfund Receivables, Payables, and Transfers ....................................................................................... 255 STATISTICAL SECTION: Financial Trends: Net Position by Component .......................................................................................................................................... 260 5