2019 IMPACT Report - Sarasota County, Florida

SarasotaClerk.com 17 CONDENSED STATEMENT OF ACTIVITIES The following comparative, government-wide Condensed Statement of Activities graph presents the revenues, expenses and changes in net position. The County’s net position increased by $32.6 million during the current fiscal year. Total revenues increased by $44.9 million and total expenses increased by $41.9 million over last year. The largest contributor to the increase in revenues is the increase in Ad Valorem tax revenue due to increases in taxable assessed property values. Expenses largest increase was for public safety due to increases in personal services in pension and other post-employment benefit expenses. $600 550 500 450 400 350 300 250 200 150 100 50 0 -50 GOVERNMENTAL ACTIVITIES Thousands *Change in Net Position includes transfers not shown in graph 574,853 468,964 469,427 486,088 433,584 486,165 510,129 Revenues Expenses Change In Net Position* 2019 2015 2016 2017 2018 538,210 531,253 $250 225 200 175 150 125 100 75 50 25 0 BUSINESS-TYPE ACTIVITIES Thousands *Change in Net Position includes transfers not shown in graph 192,216 211,430 212,669 174,039 178,613 188,538 Revenues Expenses Change In Net Position* 191,221 213,912 2019 2015 2016 2017 2018 19,018 (10,578) (37,073) (49,639) 34,538 53,152 49,729 40,226 556,799 (2,492) 222,123 207,553 35,116