2020 IMPACT Report - Sarasota County, Florida

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 $146.5 million during the current fiscal year. Total revenues increased by $157.6 million and total expenses increased by $43.7 million over last year. The largest contributor to the increase in revenues is the funding received by the County as part of the Coronavirus Aid, Relief, and Economic Security Act Coronavirus Relief Fund. Expenses largest increase was for cultural and recreation due to the County’s contribution to the construction of the spring training complex for the Atlanta Braves. $800 750 700 650 600 550 500 450 400 350 300 250 200 150 100 50 0 -50 Thousands *Change in Net Position includes transfers not shown in graph 715,991 469,427 486,088 538,210 486,165 510,129 531,253 Revenues Expenses Change In Net Position* 2020 2016 2017 2018 2019 574,853 556,799 (37,073) (2,492) (49,639) (10,578) 590,808 111,028 $250 200 150 100 50 0 Thousands *Change in Net Position includes transfers not shown in graph 211,430 212,669 213,912 178,613 188,538 191,221 Revenues Expenses Change In Net Position* 207,553 222,123 2020 2016 2017 2018 2019 53,152 49,729 40,226 35,116 238,555 217,256 35,454 SarasotaClerk.com 17 GOVERNMENTAL ACTIVITIES BUSINESS-TYPE ACTIVITIES