Okaloosa County BOCC — July 15, 2015 — FY16 Transmittal and Summary — reading text

3.7417 3.4281 3.3802 3.3722 3.3735 FUND FY12 FY13 FY14 FY15 FY16 General 1.4546 3.1153 3.3001 3.2792 3.2996 Fine & Forfeiture 1.6724 0.0000 0.0000 0.0000 0.0000 County Public Health Unit 0.0578 0.0602 0.0478 0.0430 0.0412 Capital Outlay 0.0000 0.0000 0.0000 0.0000 0.0000 Emergency Medical Services Enterprise 0.1051 0.1144 0.0829 0.1086 0.0900 Total County-Wide Levy 3.2899 3.2899 3.4308 3.4308 3.4308 Unincorporated MSTU 0.1800 0.1800 0.1800 0.2990 0.2990 Aggregate Millage Rate 3.3744 3.3755 3.5156 3.5729 3.5720 Millage Rate - Last Ten Years 5.0000 4.5000 Rate/$1,000 4.0000 3.6500 3.4308 3.4308 3.4308 3.5000 3.3443 3.2995 3.2899 3.2899 3.2899 3.2899 3.0000 07 08 09 10 11 12 13 14 15 16 Year Page 9  Millage County-Wide Gross Certified Taxable Value $15,039,829,982 Unincorporated MSTU Gross Certified Taxable Value $7,103,807,518 Current Millage Rate 3.4308 per $1000 Proposed Millage Rate 3.4308 per $1000 Rolled-Back Rate (County-Wide) 3.3233 per $1000 Rolled-Back Rate (Aggregate) 3.4646 per $1000 Prior Year Maximum Millage Limitation (DR420-MMP line 13) 5.4016 per $1000 Adopted Tentative Rate per $1000 Certified to Appraiser for Notices of Proposed Property Taxes per $1000 Approved Millage Rate per $1000 Millage Required to Fund Proposed Budgets County-Wide FUND MILLAGE TAXES @ 96% General 3.2996 per $1000 47,640,042 County Public Health Unit 0.0412 594,661 Emergency Medical Services Enterprise 0.0900 1,300,000 Total County-Wide Millage $3.4308 per $1000 Total County-Wide Taxes $49,534,703 Non County-Wide Unincorporated Municipal Service and Taxing Unit (MSTU) $0.2990 per $1000 $2,039,077 Aggregate Millage Rate $3.5720 per $1000 Total County & Non County-Wide Taxes $51,573,780 Prior Year Millage Rates Fund MILLAGE TAXES @ 96% General 3.2792 per $1000 $45,271,086 County Public Health Unit 0.0430 $593,638 Emergency Medical Services Enterprise 0.1086 $1,499,280 Totals - Prior Year $3.4308 per $1000 $47,364,004 Taxes generated at the rolled-back rate would be the point from which increases are measures. Accordingly, proposed budgets represent an increase of: 4.58% $2,170,699 Page 10  Fiscal Year 2016 Millage Percentage by Fund Emergency Medical Services County Public Enterprise Health Unit 2.6% 1.2% General 96.2% Millage Comparison FY15 vs. FY16 0.0900 Emergency Medical Services Enterprise 0.1086 0.0412 County Public Health Unit 0.0430 3.2996 General 3.2792 0.0000 0.5000 1.0000 1.5000 2.0000 2.5000 3.0000 3.5000 FY16 FY15 Page 11  Property Value - Last Ten Years Year Final Valuation Millage Taxes @ 95% Total Budget 2007 $17,899,368,086 3.6500 $62,066,059 $292,259,226 2008 $18,806,640,352 3.3443 $59,750,295 $313,172,524 2009 $17,410,630,993 3.2995 $54,574,058 $304,080,099 2010 $16,213,042,985 3.2899 $50,672,326 $263,569,236 2011 $14,521,804,221 3.2899 $45,386,520 $280,421,796 2012 $13,802,468,365 3.2899 $43,138,304 $261,624,931 2013 $13,554,486,285 3.2899 $42,363,259 $257,241,963 2014 $13,795,170,133 3.4308 (2) $45,435,331 $279,897,664 2015 $14,380,757,755 3.4308 (2) $47,392,486 $310,010,770 2016 (1) $15,039,829,982 3.4308 (2) $49,534,703 $331,192,706 (1) Certified as of July 1, 2015. (2) Taxes at 96% Page 12  Trend Comparison Value vs. Millage 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Value Millage Trend Comparison Value vs. Budget 2007 2008 2009 2010 2011 2012 2013 2014 2015 Year Value Budget Page 13  Property Valuation Last Ten Years $20 18.8 17.9 17.4 16.2 14.5 15.0 $15 14.4 13.8 13.6 13.8 Billions $10 $5 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Millage Rate Last Ten Years $5 $4 3.6500 3.3443 3.2995 3.2899 3.2899 3.2899 3.2899 3.4308 3.4308 3.4308 $3 Dollars $2 $1 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Page 14  Property Taxes Last Ten Years $80 62.1 59.8 $60 54.6 50.7 49.5 45.4 45.4 47.4 43.1 42.4 Millions $40 $20 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Total Budget Last Ten Years $400 $350 331.2 313.2 304.1 310.0 292.3 280.4 $300 279.9 263.6 261.6 257.2 $250 Millions $200 $150 $100 $50 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Year Page 15  Human Resources Summary Fund Title FY14 FY15 FY16 +/- 001 Board of County Commissioners 9 9 9 0 County Administrator 5 5 6 1 Purchasing 6 6 7 1 Human Resources 8 8 8 0 Legal Services 1 0 0 0 Growth Management 11 11 11 0 Geographical