Sarasota County Comprehensive Annual Financial Report 2020

SARASOTA COUNTY, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT YEAR ENDED SEPTEMBER 30, 2020 TABLE OF CONTENTS Schedule of Changes in the Sheriff’s Net OPEB Liability and Related Ratios ................................................................... 329 General Government – Revenue Bonds – Description: Enterprise Funds – Revenue Bonds – Description: General Obligation Bonds – Debt Service Requirements to Maturity: General Government – Revenue Bonds – Debt Service Requirements to Maturity: Enterprise Funds – Revenue Bonds – Debt Service Requirements to Maturity: General Government – Bank Term Loans – Description: Enterprise Funds – Bank Term Loans – Description: General Government – Bank Term Loans – Debt Service Requirements to Maturity: Enterprise Funds – Bank Term Loans – Debt Service Requirements to Maturity: General Obligation Bonds – Description............................................................................................................................. 331 Revenue Bond Issues................................................................................................................................................... 332 Utility System Revenue Bonds ..................................................................................................................................... 336 Summary of Debt Service – General Obligation Bonds ............................................................................................... 338 General Obligation Bonds, Series 2019 ....................................................................................................................... 339 General Obligation Bonds, Series 2020 ....................................................................................................................... 340 Summary of Debt Service – Revenue Bonds ............................................................................................................... 341 Second Guaranteed Entitlement Revenue Bonds, Series 2013 .................................................................................. 342 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2014 ......................................................................... 343 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2015 ......................................................................... 344 Capital Improvement Revenue Bonds, Series 2017 .................................................................................................... 345 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2018 ......................................................................... 346 Capital Improvement Revenue Refunding Bonds, Series 2018A ................................................................................ 347 Capital Improvement Revenue Refunding Bonds, Series 2018B ................................................................................ 348 Capital Improvement Revenue Bonds, Series 2019A .................................................................................................. 349 Capital Improvement Revenue Refunding Bonds, Series 2019B ................................................................................ 350 Capital Improvement Revenue Refunding Bonds, Series 2019C ................................................................................ 351 Capital Improvement Revenue Bonds, Series 2020 .................................................................................................... 352 Summary of Debt Service – Utility System Revenue Bonds ........................................................................................ 353 Utility System Revenue Refunding Bonds, Series 2011A............................................................................................ 354 Utility System Revenue Refunding Bonds, Series 2011B............................................................................................ 355 Utility System Revenue Bonds, Series 2013 ................................................................................................................ 356 Utility System Revenue Bonds, Series 2016A ............................................................................................................. 357 Utility System Revenue Refunding Bonds, Series 2016B ............................................................................................ 358 Utility System Revenue Refunding Bonds, Series 2019A............................................................................................ 359 Bank Term Loans ......................................................................................................................................................... 360 Utility System and Solid Waste System Notes ............................................................................................................. 362 Summary of Debt Service – Bank Term Loans ............................................................................................................ 364 Bank Term Revenue Note, Series 2013A .................................................................................................................... 365 Bank Term Revenue Note, Series 2014A .................................................................................................................... 366 Communication Services Tax Revenue Refunding Note, Series 2014........................................................................ 367 Five-Cent Local Option Fuel Tax Revenue Refunding Note, Series 2014................................................................... 368 Bank Term Revenue Note, Series 2014B .................................................................................................................... 369 Limited Ad Valorem Tax Refunding Bond, Series 2014 ............................................................................................... 370 Communications Services Tax Revenue Refunding Note, Series 2015 ...................................................................... 371 Infrastructure Sales Surtax Revenue Note, Series 2020.............................................................................................. 372 Summary of Debt Service – Utility System and Solid Waste System Notes................................................................ 373 Utility System Revenue Refunding Note, Series 2012 ................................................................................................. 374 Subordinate Utility System Revenue Refunding Note, Series 2012 ............................................................................ 375 Utility System Revenue Refunding Note, Series 2015 ................................................................................................. 376 Solid Waste System Revenue Refunding Note, Series 2015 ...................................................................................... 377 7