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

Sep 1,434.6 0.0 3.k.a Packet Pg. 82 Attachment: III. k. TDT Reports OCTC (Jan 16) (5402 : Okaloosa Tax Collector Report)  3.k.a TDT Rental Receipts and Amount Remitted by Rental Type / Tax Area January 2016 Attachment: III. k. TDT Reports OCTC (Jan 16) (5402 : Okaloosa Tax Collector Report) Gross Rental Exempt Rental Taxable Rental 5% of Taxable Collection Total Amount Distibution to Tax Collector Rental Type Adjustments Penalty Interest Receipts Receipts Receipts Rental Receipts Allowance Remitted TDD/BCC Commission Condo $5,191,130.68 $326,731.58 $4,864,399.10 $243,219.96 ($50.43) $1,410.62 $22.52 ($2,316.63) $242,286.04 $235,017.45 $7,268.58 Hotel / Motel $3,265,267.65 $476,565.17 $2,788,702.48 $139,435.12 ($610.23) $189.90 $0.36 ($889.99) $138,125.16 $133,981.41 $4,143.75 Single Family Dwelling $852,690.71 $10,978.14 $841,712.57 $42,085.63 $516.84 $110.36 ($258.51) $42,454.32 $41,180.69 $1,273.63 Other $270,871.33 $3,513.00 $267,358.33 $13,367.92 $0.00 $0.00 ($186.82) $13,181.10 $12,785.67 $395.43 Total $9,579,960.37 $817,787.89 $8,762,172.48 $438,108.62 ($660.66) $2,117.36 $133.24 ($3,651.95) $436,046.61 $422,965.22 $13,081.39 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 $6,219,789.23 $259,836.56 $5,959,952.67 $297,997.63 ($660.66) $1,527.46 $130.44 ($2,517.66) $296,477.21 $287,582.90 $8,894.31 Okaloosa Island $2,827,188.67 $464,169.50 $2,363,019.17 $118,150.96 $250.00 $0.78 ($868.71) $117,533.03 $114,007.03 $3,525.99 FWB/Mary Esther $532,982.47 $93,781.83 $439,200.64 $21,960.03 $339.90 $2.02 ($265.58) $22,036.37 $21,375.29 $661.09 Total $9,579,960.37 $817,787.89 $8,762,172.48 $438,108.62 ($660.66) $2,117.36 $133.24 ($3,651.95) $436,046.61 $422,965.22 $13,081.39 Page 3 Packet Pg. 83  3.k.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Rental Type January 2016 Attachment: III. k. TDT Reports OCTC (Jan 16) (5402 : Okaloosa Tax Collector Report) Gross Rental Taxable Rental Number of Rental Type % % % RevPAR* Receipts Receipts Units Condo $5,191,130.68 54.19% $4,864,399.10 55.52% 6,190 56.12% $27.05 Hotel / Motel $3,265,267.65 34.08% $2,788,702.48 31.83% 3,256 29.52% $32.35 Single Family Dwelling $852,690.71 8.90% $841,712.57 9.61% 694 6.29% $39.63 Other $270,871.33 2.83% $267,358.33 3.05% 890 8.07% $9.82 Total $9,579,960.37 100.00% $8,762,172.48 100.00% 11,030 100.00% $28.02 *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 Single 2.83% 3.05% Single 8.07% Family Family Single Dwelling Dwelling Family 8.90% 9.61% Dwelling 6.29% Condo Condo Condo Hotel / 54.19% Hotel / 55.52% Hotel / 56.12% Motel Motel Motel 34.08% 31.83% 29.52% Page 4 Packet Pg. 84  3.k.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Tax Area January 2016 Attachment: III. k. TDT Reports OCTC (Jan 16) (5402 : Okaloosa Tax Collector Report) Gross Rental Taxable Rental Tax Area % % Number of Units % RevPAR* Receipts Receipts Destin $6,219,789.23 64.92% $5,959,952.67 68.02% 6,577 59.63% $30.51 Okaloosa Island $2,827,188.67 29.51% $2,363,019.17 26.97% 3,611 32.74% $25.26 FWB/Mary Esther $532,982.47 5.56% $439,200.64 5.01% 842 7.63% $20.42 Total $9,579,960.37 100.00% $8,762,172.48 100.00% 11,030 100.00% $28.02 *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 FWB/ FWB/ FWB/ Mary Mary Mary Esther Esther Esther 5.56% 5.01% 7.63% Okaloosa Okaloosa Island Okaloosa Island Island 29.51% Destin 26.97% Destin Destin 32.74% 64.92% 59.63% 68.02%