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Okaloosa County BOCC — February 4, 2014 — TIF Data — reading text
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$16,000,000
General Fund
$14,000,000
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$-
2002
2016
2030
1998
1999
2000
2001
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2031
2032
2033
Baseline Population Growth Appreciation New Stock Appreciation
Assumptions:
20 Year Totals to TIF: 2013 - 2032 Present Value
Appreciation of current stock $ 40,743,095 $ 21,198,387
Historical Data Timeframe 1998 - 2012
Appreciation of new stock $ 6,498,226 $ 3,091,459
Location North County
Crestview
Laurel Hill Total Amount Going to TIF $ 47,241,321 $ 24,289,845
County Millage Rate 0.0032899
20 Year Totals to General Fund: 2013 - 2032
Crestview Millage Rate 0.0055966 Baseline $ 131,784,858
Property Appreciation Growth 2.50%
Growth of new stock $ 34,968,463
Discount Rate (Bond) 5.00%
Total Amount Going to General Fund $ 166,753,322
$12,000,000
Crestview General Fund (No CRA)
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$-
2007
2021
1998
1999
2000
2001
2002
2003
2004
2005
2006
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
Baseline Population Growth Appreciation New Stock Appreciation
Assumptions:
20 Year Totals to TIF: 2013 - 2032 Present Value
Appreciation of current stock $ 28,666,860 $ 14,915,194
Historical Data Timeframe 1998 - 2012
Appreciation of new stock $ 4,642,861 $ 2,208,789
Location North County
Crestview
Laurel Hill Total Amount Going to TIF $ 33,309,721 $ 17,123,984
County Millage Rate 0.0032899
20 Year Totals to Crestview General Fund: 2013 - 2032
Crestview Millage Rate 0.0055966 Baseline $ 92,723,885
Property Appreciation Growth 2.50%
Growth of new stock $ 24,984,313
Discount Rate (Bond) 5.00%
Total Amount Going to General Fund $ 117,708,198