Sarasota County Consolidated Major Revenue and Debt Report 2019

ARBITRAGE STATUS REPORT HISTORY FOR COMMERCIAL PAPER, NOTES AND BANK TERM LOANS ISSUE ISSUE YEAR ARBITRAGE CALCULATION PAYMENT LIABILITY 9/30/2019 FINAL CALCULATION DATE* $14,407,000 Draw 74-77 2008 Rebate 165,276 -- B $10,500,000 Draw 78-82 2008 Rebate 4,907 -- B $2,011,000 Bank Term Loan 2008 Rebate -- -- B $11,240,000 Draw 50, 51, 55, 72-2 2010 Rebate 60,284 -- B $17,890,000 Draw A-1-1 2010 Rebate 157,207 -- B $2,351,000 Series 2010A Bank Term Loan 2010 Rebate -- -- B $3,038,000 Series 2010B Bank Term Loan 2010 Rebate -- -- B $15,360.000 Limited Ad Val Bank Term, 2010 2010 Rebate -- -- A $2,020,000 Draw A-1-1 2011 Rebate -- -- B $4,377,000 Capital Impr Rev Ref Note, 2012 2012 Rebate -- -- A $5,925,000 First Guarant Ent Rev Ref Note, 2012 2012 Rebate -- -- A $50,290,000 Utility Rev Ref Note, 2012 2012 Rebate -- -- 10-1-22 $7,304,000 Revenue Note, Draws A-2-1, A-3-1 2012 Rebate 52,598 -- B $15,720,000 Subordinate Utility Ref Rev Note, 2012 2012 Rebate -- -- A $12,543,000 Revenue Note, 2013A 2013 Rebate -- -- 10-1-24 $6,185,000 Revenue Note, Draw A-4-1 2014 Rebate -- -- B $2,040,000 Revenue Note, Draw A-5-1 2014 Rebate -- -- B $10,044,000 Revenue Note, 2014A 2014 Rebate -- -- 10-1-24 $17,690,000 CST Rev Ref Note, 2014 2014 Rebate -- -- 10-1-25 $9,255,000 Five-Cent Local Opt Ref Note, 2014 2014 Rebate -- -- 10-1-25 $17,955,000 Revenue Note, 2014B 2014 Rebate -- -- 10-1-24 $70,740,000 Limited Ad Val Ref, 2014 2014 Rebate -- -- 10-1-29 $11,430,000 CST Rev Ref, 2015 2015 Rebate -- -- 10-1-26 $6,066,000 Rev Note, Draw A-6-1, A-7-1, A-8-1 2015 Rebate 24,369 -- B $21,690,000 Solid Waste Rev Ref Note, 2015 2015 Rebate -- -- A $28,000,000 Utility Rev Ref Note, 2015 2015 Rebate -- -- A $1,650,000 Revenue Note, Draw A-9-1 2015 Rebate -- -- A $3,677,000 Revenue Note, Draw A-10-1 2015 Rebate -- -- B $13,687,000 Rev Note, Draw A-3-2, A-11-1, A-12-1 2016 Rebate -- -- 10-1-21 $4,033,000 Revenue Note, Draw A-13-1 2016 Rebate -- -- B $430,000 Revenue Note, Draw A-14-1 2016 Rebate -- -- 10-1-21 $2,369,000 Revenue Note, Draw A-15-1 2017 Rebate -- -- B $3,000,000 Revenue Note, Draw A-16-1 2017 Rebate -- -- B $17,540,000 Revenue Note, Draw A-17-1 2017 Rebate -- -- B $10,000,000 Revenue Note, Draw A-18-1 2017 Rebate -- -- B $3,400,000 Revenue Note, Draw A-19-1 2017 Rebate -- -- B $15,000,000 Utility Rev Ref Note, Draw A-20-1 2019 Rebate -- -- -- $2,265,000 Revenue Note, Draw A-21-1 2019 Rebate -- -- -- $2,944,000 Revenue Note, Draw A-22-1 2019 Rebate -- -- -- $5,586,000 Revenue Note, Draw A-23-1 2019 Rebate -- -- -- Arbitrage Payments Prior to 2008 $ 5,999,327 Total for Commercial Paper and Bank Term Loans $ 6,463,968 -- *A = N/A - All Proceeds Spent B = Final Report Filed C = N/A - Refinanced 48 Consolidated Major Revenue & Debt Report 2019 2019 INDEBTEDNESS