2020 IMPACT Report - Sarasota County, Florida

COUNTY REVENUES AND EXPENDITURES B y law, the County can only budget 95 percent of expected revenues and cannot spend more than is budgeted for expenditures. Each year the County carefully reviews expenditures to determine what needs to be increased or decreased without cutting services to citizens. Below is a budget to actual comparison of revenues and expenditures of selected funds. More detailed information on Sarasota County revenues can be found in the Consolidated Major Revenue and Debt Report on the Clerk and Comptroller’s website, SarasotaClerk.com. REVENUE & EXPENDITURE COMPARISON OF SELECT FUNDS Revenues Expenditures Net SELECTED FUNDS Amended Budget YTD Actuals % of Budget Amended Budget YTD Actuals % of Budget Actual Amount General Fund $288,913,611 $294,720,215 102 $274,011,378 $256,863,191 94 $37,857,024 Transportation 19,248,248 18,576,470 97 21,751,966 17,928,759 82 647,711 Building & Zoning 12,953,937 16,149,089 125 15,428,882 13,242,725 86 2,906,364 Tourist Development 21,684,400 22,058,378 102 21,443,892 13,305,811 62 8,752,567 Emergency Services 90,156,406 91,245,375 101 101,648,803 94,895,277 93 (3,649,902) Economic Development 4,375,880 4,499,280 103 10,956,111 2,164,225 20 2,335,055 Utility System - Operating 105,794,415 121,810,211 115 86,091,783 81,392,886 95 40,417,325 Solid Waste System - Operating 22,000,673 23,391,111 106 22,194,418 14,860,386 67 8,530,725 Stormwater Utility - Operating 17,022,186 17,757,390 104 19,619,201 16,966,193 86 791,197 Transportation Authority - Operating 13,053,418 8,536,732 65 24,445,832 20,425,140 84 (11,888,408) TOTAL $595,203,174 $618,744,251 104 $597,592,266 $532,044,593 89 $86,699,658 *Does not include depreciation expense. % % % % * * * * 18 Impact Report 2020