Financial Administration

Print
Press Enter to show all options, press Tab go to next option

The information on this website does not and should not be considered an offer to buy or sell securities.  In connection with certain outstanding public bond issues of the City of Sarasota, Florida (the “City”), the City files, or causes to be filed, its official statements, its audited financial statements, certain operating data and financial information, and occasional voluntary notices on the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access (“EMMA”) system which can be accessed at http://emma.msrb.org/.  The information on EMMA and this website is for informational purposes only and does not include all information which may be of interest to a potential investor, nor does it purport to present full and fair disclosure within the meaning of the applicable securities laws.  Such information about the City is only accurate as of its date, and the City undertakes no obligation to update such information beyond its date.  No representation is being made that there has not been a change in the affairs of the City since such date.  Such information is subject to change without notice and posting of other information on the website does not imply that there has been no change in the affairs of the City since the date of such information.  The updating or lack of updating of any information contained on EMMA or this website should not be considered to convey a complete picture of the affairs of the City.  Such information concerning past performance should not be relied upon as a forecast of future performance. Third party information is believed to be reliable; however, the City takes no responsibility for its accuracy.

 Links


Contact Us

1565 First Street
Sarasota, FL 34236
PO Box 1058
Sarasota, FL 32430
Phone: 941-263-6178
Fax: 941-954-4189

Department Contact/Email Phone

Budget + Budget Amendments

Michelle Valentich 941-263-6426
Kelly Bennett 941-263-6575
Capital Improvement Plan Budget Kelly Strickland 941-263-6416
Audited Financial Reports (CAFR) David Flatt 941-263-6415
Lorrie Simmons 941-263-6347
Popular Annual Financial Report (PAFR) Lorrie Simmons 941-263-6347
Citizens Tax Oversight Committee Marjorie Holman 941-263-6411
Departmental Banking and Accounting
Mark Stinson 941-263-6425
Marjorie Holman 941-263-6411
Payment for Vendor Services Lisa Shay 941-263-6422
Pre-Annexation Tax Payments Marjorie Holman 941-263-6411
Monthly Financial Reports Lorrie Simmons 941-263-6347
Investing of Municipal Funds Kelly Strickland 941-263-6416
Property Lease Payments Marjorie Holman 941-263-6411
Bonds, Debt, and Credit Rating
Kelly Strickland 941-263-6416
David Flatt 941-263-6415
City Employee Payroll Michele Keeler 941-263-6420
Grants Coordination Laura Wittenbauer 941-263-6303
Bottled and Metered Gas Tax Payments Marjorie Holman 941-263-6411

Financial Reports and Plans

Annual Adopted Budgets

Current Budget

Adopted Budgets

Amendments to the Adopted Budget

 

Current Fiscal Year

Fiscal Year 2018-19

Fiscal Year 2017-18

 

Annual Adopted Capital Improvement Plans

  • Expenses over $50,000 used to create and maintain facilities, land, and major equipment
  • 10-year plan with a 5-year adopted funding schedule

Comprehensive Annual Financial Reports (CAFR)

  • Record of all actual expenditures and revenues, reported after the close of the fiscal year (October 1 to September 30th)
  • Financial statements that comply with the accounting requirements endorsed by the Governmental Accounting Standards Board (GASB)
  • Excellence in Financial Reporting National Award Winner

Popular Annual Financial Reports (PAFR)

Water and Sewer Fund Monthly Status Report

  • Preliminary/unaudited financial reports
  • Reported within 15 days of the close of the month
  • Compares current and previous fiscal year revenues and expenditures
  • Provided monthly for the City Commission in compliance with City Policy

Departments and “Other” Funds Monthly Status Report

  • Preliminary/unaudited financial reports
  • Reported within 15 days of the close of the month
  • Compares current and previous fiscal year revenues and expenditures
  • Provided monthly for the City Commission in compliance with City Policy

Annual Debt Reports

  • Overview of all of the City’s existing debt
  • Provides the reasoning for each Bond and Loan
  • Includes workforce obligations (Pensions and retiree health care)

Investment Reports

  • Provided after the close of each quarter, and an annual summary
  • Details the short-term and long-range investments and returns
  • Prepared by City Investment counselor PCM

Major Revenues Manual


Fiscal Policies


Grants Coordination


Taxes and Assessments

Ad Valorem Taxes

Citizen Tax Oversight Committee

Penny Sales Taxes

Bottled and Metered Gas Tax Payments

Special Assessment and Special Taxing Districts

The City of Sarasota Finance Department oversees the annual budgets of the:

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Download Acrobat Reader Flash Player Download Flash Player Windows Media Player Download Windows Media Player Microsoft Silverlight Download Microsoft Silverlight Word Viewer Download Word Viewer Excel Viewer Download Excel Viewer PowerPoint Viewer Download PowerPoint Viewer