AGENDA ITEM NO. 9.1

Sarasota Manatee Airport Authority Balance Sheet October 31, 2021

Assets

Assets
Current Assets
Cash & Investments$42,657,276
Accounts Receivable2,394,987
Grants Receivable327,487
Accrued Interest Receivable1,575
Inventory302,685
Prepaid Insurance332,495
Prepaid Expense & Other Assets378,530
Total Current Assets46,395,035
Non-Current Assets
Customer Facility Funds8,005,919
Passenger Facility Funds3,928
Airport Facilities & Equipment332,680,816
Accumulated Depreciation(196,282,250)
Intangible Assets, net148,914
Construction in Progress32,642,068
Total Non-Current Assets177,199,394
Total Assets$223,594,429
Deferred Outflow of Resources - Pension773,125
Liabilities and Net Position
Current Unrestricted Liabilities
Accounts Payable466,479
Unearned Income366,197
Accrued Expenses & Other Liabilities1,181,275
Total Unrestricted Liabilities2,013,951
Non-Current Liabilities
Net Pension Liabilities3,723,725
Total Non-Current Liabilities3,723,725
Total Liabilities5,737,676
Deferred Inflow of Resources - Pension991,712
Net Position
Net Assets216,990,383
Current Profit Account647,783
Total Net Position217,638,166