Okaloosa County BOCC — March 24, 2016 — Agenda Packet — reading text

Packet Pg. 77  REVPAR 3.j.a Room revenue divided by rooms available. Attachment: III. j. JANUARY EMERALD COAST OCCUPANCY ADR REVPAR 2016 (5401 : Revenue Per Available Hotel Room $170 $130 $90 $50 $32.45 $10 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2012 $22.92 $35.10 $74.43 $78.95 $86.40 $123.08 $136.22 $72.70 $51.95 $48.23 $30.17 $23.97 2013 $25.16 $35.62 $75.06 $73.37 $86.26 $126.69 $137.49 $80.63 $54.03 $43.92 $29.95 $24.84 2014 $24.72 $37.47 $71.41 $82.28 $98.78 $138.89 $159.88 $93.71 $57.24 $59.64 $31.72 $26.51 2015 $26.69 $41.05 $71.31 $96.04 $96.59 $145.15 $170.39 $91.36 $71.39 $59.21 $35.58 $29.84 2016 $32.45 Source: Smith Travel Research, Inc. Republication or Other Re-Use of this Data without the express written permission of STR is strictly prohibited. Packet Pg. 78  3.k Tourist Development Council Meeting: 03/24/16 02:00 PM 1540 Miracle Strip Parkway Department: Tourist Development Council Fort Walton Beach, FL 32548 Category: Information Prepared By: Aida Wilkinson SCHEDULED Initiator: Aida Wilkinson Sponsors: TDC ITEM (ID # 5402) DOC ID: 5402 Okaloosa Tax Collector Report Updated: 3/21/2016 4:26 PM by Aida Wilkinson Page 1 Packet Pg. 79  3.k.a Attachment: III. k. TDT Reports OCTC (Jan 16) (5402 : Okaloosa Tax Collector Report) Okaloosa County Tax Collector Tourist Development Tax January Tax Revenue Report Fiscal Year 2015-2016 Benjamin F. Anderson Prepared by: Okaloosa County Tax Collector Joshua Allen Director of Business Collections Packet Pg. 80  3.k.a Total Historical TDT Collections and Percentage Breakdown FY 2011 - Current Attachment: III. k. TDT Reports OCTC (Jan 16) (5402 : Okaloosa Tax Collector Report) % (+/-) % (+/-) % (+/-) Cum (+/-) Month FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 2013-2014 2014-2015 2015-2016 2015-2016 October $521,660.33 $598,158.00 $609,091.44 $680,330.93 11.70% $886,981.06 30.37% $1,068,987.38 20.52% 20.52% November $213,947.00 $239,511.00 $259,606.95 $273,038.26 5.17% $313,442.31 14.80% $356,655.15 13.79% 18.76% December $217,922.30 $289,595.00 $288,498.30 $291,672.28 1.10% $320,915.76 10.03% $390,077.62 21.55% 19.35% January $256,775.00 $297,124.03 $298,995.38 $332,035.87 11.05% $410,853.35 23.74% $436,046.61 6.13% 16.54% February $365,490.00 $437,614.00 $395,790.00 $430,183.30 8.69% $492,951.35 14.59% March $768,790.00 $1,028,053.00 $1,118,616.08 $1,009,474.61 -9.76% $1,033,763.09 2.41% April $847,476.00 $987,462.61 $905,964.12 $1,038,269.24 14.60% $1,248,990.41 20.30% May $1,079,025.00 $1,296,974.20 $1,264,606.99 $1,441,156.49 13.96% $1,628,068.98 12.97% June $2,290,684.30 $2,755,441.00 $2,797,225.80 $2,909,098.89 4.00% $3,247,331.26 11.63% July $2,749,706.99 $2,755,052.00 $2,897,646.65 $3,330,612.35 14.94% $3,688,644.87 10.75% August $1,225,204.88 $1,421,408.96 $1,588,763.04 $1,907,946.18 20.09% $2,009,054.41 5.30% September $1,028,530.00 $1,067,149.50 $1,098,414.84 $1,143,072.91 4.07% $1,434,557.48 25.50% Total $11,565,211.80 $13,173,543.30 $13,523,219.59 $14,786,891.31 9.34% $16,715,554.33 13.04% Amounts for September 2013 through current reported by the Okaloosa County Tax Collector's Office. All amounts prior to September 2013 reported by the Okaloosa County Clerk of Courts. Page 1 Packet Pg. 81  Total TDT Collections in Thousands $0 $300 $600 $900 $1,200 $1,500 $1,800 $2,100 $2,400 $2,700 $3,000 $3,300 $3,600 $3,900 $4,200 680.3 Oct 887.0 FY 1,069.0 2012 273.0 Nov 313.4 356.7 291.7 Dec 320.9 390.1 332.0 Jan 410.9 FY 436.0 2003 430.2 Feb 493.0 FY 14 0.0 Total Monthly TDT Collections 1,009.5 Page 2 FY 15 Month Mar 1,033.8 Page 2 0.0 FY 16 1,038.3 Apr 1,249.0 0.0 1,441.2 May 1,628.1 FY 2014 - 2016 0.0 2,909.1 Jun 3,247.3 0.0 3,330.6 Jul 3,688.6 0.0 1,907.9 Aug 2,009.1 0.0 1,143.1