OCTOBER 2021

Included in the Board packet are the unaudited financial statements for October. Summary information contained therein for October is as follows: Operating revenues were approximately 8.2% higher than anticipated in the FY 22 budget. Operating expenses were approximately 16.1% lower.

As part of the ongoing development of investment policies and procedures, reports have been developed based on information provided by Sarasota County Clerk of the Court. The current disclosure reflects an Investment Portfolio Analysis, along with a Portfolio Activity Report. Staff continues to work closely with the Clerk's office

Passenger Facility Charge (PFC): A separate detail which reflects PFC collections for the month of October and cumulative to date.

SMAA Monthly Investment Report: September 2021 attached.