Okaloosa County BOCC — March 26, 2015 — Agenda Packet — reading text

Total $8,831,357.01 $621,741.63 $8,209,615.38 $410,480.77 $0.06 $3,459.11 $535.10 ($3,621.69) $410,853.35 $398,527.76 $12,325.59 Gross Rental Exempt Rental Taxable Rental 5% of Taxable Collection Total Amount Distibution to Tax Collector Tax Area Adjustments Penalty Interest Receipts Receipts Receipts Rental Receipts Allowance Remitted TDD/BCC Commission Destin $5,312,498.42 $255,397.17 $5,057,101.25 $252,855.06 $0.06 $1,837.94 $324.15 ($2,509.06) $252,508.15 $244,932.91 $7,575.24 Okaloosa Island $2,945,268.91 $278,018.29 $2,667,250.62 $133,362.53 $400.00 $154.94 ($851.94) $133,065.53 $129,073.57 $3,991.96 Fort Walton Beach $573,589.68 $88,326.17 $485,263.51 $24,263.18 $1,221.17 $56.01 ($260.69) $25,279.67 $24,521.28 $758.39 Total $8,831,357.01 $621,741.63 $8,209,615.38 $410,480.77 $0.06 $3,459.11 $535.10 ($3,621.69) $410,853.35 $398,527.76 $12,325.59 Page 3 Packet Pg. 55  3.i.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Rental Type January 2015 Attachment: III.j. TDT Reports OCTC (Jan 15) (4015 : Okaloosa Tax Collector Report) Gross Rental Taxable Rental Number of Rental Type % % % RevPAR* Receipts Receipts Units Condo $4,791,378.75 54.25% $4,427,038.17 53.93% 6,217 56.65% $24.86 Hotel / Motel $2,471,620.70 27.99% $2,235,607.85 27.23% 3,243 29.55% $24.59 Single Family Dwelling $1,054,774.06 11.94% $1,039,272.86 12.66% 624 5.69% $54.53 Other $513,583.50 5.82% $507,696.50 6.18% 890 8.11% $18.61 Total $8,831,357.01 100.00% $8,209,615.38 100.00% 10,974 100.00% $25.96 *Formula provided by Okaloosa County Tourist Development Dept. and does not reflect collection data from the Okaloosa County Tax Collector Gross Rental by Taxable Rental by Number of Units by Rental Type Rental Type Rental Type Other Other Other 5.82% 6.18% 8.11% Single Single Single Family Family Family Dwelling Dwelling Dwelling 11.94% 12.66% 5.69% Condo Condo Condo 54.25% 53.93% Hotel / 56.65% Hotel / Hotel / Motel Motel Motel 29.55% 27.99% 27.23% Page 4 Packet Pg. 56  3.i.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Tax Area January 2015 Attachment: III.j. TDT Reports OCTC (Jan 15) (4015 : Okaloosa Tax Collector Report) Gross Rental Taxable Rental Tax Area % % Number of Units % RevPAR* Receipts Receipts Destin $5,312,498.42 60.15% $5,057,101.25 61.60% 6,468 58.94% $26.50 Okaloosa Island $2,945,268.91 33.35% $2,667,250.62 32.49% 3,642 33.19% $26.09 Fort Walton Beach $573,589.68 6.49% $485,263.51 5.91% 864 7.87% $21.42 Total $8,831,357.01 100.00% $8,209,615.38 100.00% 10,974 100.00% $25.96 *Formula provided by Okaloosa County Tourist Development Dept. and does not reflect collection data from the Okaloosa County Tax Collector Gross Rental by Taxable Rental by Number of Units by Tax Area Tax Area Tax Area Fort Fort Walton Walton Fort Walton Beach Beach Beach 6.49% 5.91% 7.87% Okaloosa Okaloosa Okaloosa Island Destin Island Island Destin Destin 33.35% 60.15% 32.49% 33.19% 61.60% 58.94% Page 5 Packet Pg. 57  3.i.a Year to Date Percentage of Gross Rental Receipts by Rental Type / Tax Area FY 2015 YEAR TO DATE RENTAL TYPE OCT 2014 NOV 2014 DEC 2014 JAN 2015 FEB 2015 MAR 2015 APR 2015 MAY 2015 JUNE 2015 JULY 2015 AUG 2015 SEPT 2015 GROSS SALES Condo $ 10,577,633.64 $ 3,314,396.56 $ 3,463,982.56 $ 4,791,378.75 $ 22,147,391.51 Hotel / Motel $ 5,309,051.47 $ 2,498,008.86 $ 2,192,486.52 $ 2,471,620.70 $ 12,471,167.55 Single Family Dwelling $ 1,770,163.65 $ 767,828.54 $ 904,257.91 $ 1,054,774.06 $ 4,497,024.16 Other $ 1,018,307.82 $ 537,906.74 $ 382,042.56 $ 513,583.50 $ 2,451,840.62 Total