Okaloosa County Tourist Development Council — April 25, 2013 (meeting #1135) — reading text

119.6 175.0 Feb 158.3 411.2 Mar Page 0.0 Page 2 2 FY 12 Month 395.0 February 2013 FY 13 Apr 0.0 518.8 May 2 % Monthly Collections Comparison 0.0 1,102.2 Jun 0.0 1,102.0 Jul 0.0 568.6 Aug 0.0 426.9 Sep 0.0 7.A.a Packet Pg. 163 Attachment: Feb-Report-FY 12-13 (1650 : Review Feb)  7.A.a Gross Sales and Total Collections February 2013 Gross Exempt Taxable Tax Collection Collection Remitted Clerk Sales Sales Rental Collected Penalty Interest Adjustments Allowance Less $1,200 Amount Allowance Condo $5,798,663.41 $479,020.62 $5,319,642.79 $265,982.19 $787.46 $147.46 $486.01 $441.27 $1,200.00 $260,413.28 $7,722.49 Motel $2,297,873.61 $217,155.30 $2,080,718.31 $104,039.47 $104.14 $0.77 $0.00 $149.68 $630.00 $103,367.05 $3,100.99 RV/Other $76,546.82 $2,123.00 $74,423.82 $3,721.19 $0.00 $0.00 $35.00 $5.79 $60.00 $3,690.40 $110.71 Attachment: Feb-Report-FY 12-13 (1650 : Review Feb) Individual $572,876.84 $38,878.00 $533,998.84 $26,699.94 $1,353.93 $210.26 $482.50 $350.08 $0.00 $28,318.82 $849.64 Total $8,745,960.68 $737,176.92 $8,008,783.76 $400,442.80 $2,245.53 $358.49 $1,003.51 $946.82 $1,890.00 $395,789.55 $11,783.83 Page 3 Packet Pg. 164  7.A.a Gross Sales Compared to Sales February 2013 January 2007 5.8 $6.0 5.3 Attachment: Feb-Report-FY 12-13 (1650 : Review Feb) $4.0 Millions 2.3 2.1 $2.0 0.6 0.5 0.1 0.1 $0.0 Condo Motel Recreational Vehicle/Other Individual Gross Taxable Gross Taxable Exempt from Amount Amount Taxes Condo $5,798,663.41 $5,319,642.79 $479,020.62 Motel $2,297,873.61 $2,080,718.31 $217,155.30 Recreational Vehicle/Other $76,546.82 $74,423.82 $2,123.00 Individual $572,876.84 $533,998.84 $38,878.00 Total $8,745,960.68 $8,008,783.76 $737,176.92 Page 4 Packet Pg. 165  7.A.a Tax Due Compared to Remitted Amount February 2013 January 2007 266.0 260.4 $250 Attachment: Feb-Report-FY 12-13 (1650 : Review Feb) $200 Thousands $150 104.0 103.4 $100 26.7 28.3 $50 0 3.7 3.7 $0 Condominium Motel Recreational Vehicle/Other Individual Due Remitted 5% Remitted Type Amount Due Amount Adjustments Condominium $265,982.19 $260,413.28 $486.01 Motel $104,039.47 $103,367.05 $0.00 Recreational Vehicle/Other $3,721.19 $3,690.40 $35.00 Individual $26,699.94 $28,318.82 $482.50 Total $400,442.80 $395,789.55 $1,003.51 Page 5 Packet Pg. 166  7.A.a Percentage for Taxable Rental by Type and Location February 2013 January 2007 Taxable Rental by Type Taxable Rental by Location Attachment: Feb-Report-FY 12-13 (1650 : Review Feb) Individual 6.67% Fort Walton Beach Recreational 5.22% Vehicle/Other 0.93% Okaloosa Island 27.41% # # Motel 25.98% Condominium 66.42% Destin 67.37% Taxable Taxable Type Rental % Location Rental % Condominium $5,319,642.79 66.42% Destin $5,395,864.20 67.37% Motel $2,080,718.31 25.98% Okaloosa Island $2,195,248.13 27.41% Recreational Vehicle/Other $74,423.82 0.93% Fort Walton Beach $417,671.43 5.22% Individual $533,998.84 6.67% Total $8,008,783.76 100.00% $8,008,783.76 100.00% Page