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Okaloosa County BOCC — Oct 24, 2013 — IV A — reading text
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Okaloosa County, Florida
Statement of Revenues, Expenses and Changes in Equity
Conference Center Conference Center
Enterprise Fund Enterprise Fund
as of 9/30/2013 as of 9/30/2012
(12 months of FY13) (12 months of FY12)
Operating Revenue
Charges for Services $804,602 $755,557
$804,602 $755,557
Operating Expenses
Personal Services $912,066 $973,565
Contractual Services $390,345 $1,469,914
Supplies $114,589 $128,586
Other Operating Expenses $1,020,430 $687,056
Depreciation $534,477 $528,254
$2,971,906 $3,787,376
Operating Income(Loss) ($2,167,304) ($3,031,819)
Non-Operating Revenue(Expenses)
Taxes - 3rd Cent $2,704,003 $2,625,700
Taxes - 4th Cent $2,704,003 $2,625,700
Investment Income $45,955 $103,477
Administrative Charges ($172,788) ($156,189)
Interest Expense ($8,370) ($98,563)
Grants and Aids $0 ($250,000)
Capital Contributions $0 $20,183
$5,272,804 $4,870,308
Income(Loss) Before Contributions and Transfers $3,105,500 $1,838,489
Operating Transfers In $0 $0
Operating Transfers Out ($428,126) ($532,051)
Total Investment in Capital Assets-Beginning $13,071,915 $11,181,889
Total Equity Restricted for Debt Service-Beginning $3,531,331 $2,852,862
Total Equity Restricted for Other Purposes-Beginning $2,765,752 $4,036,234
Total Equity-Beginning $19,368,998 $18,070,985
Total Investment in Capital Assets-Ending $14,217,498 $13,071,915
Total Equity Restricted for Debt Service-Ending $4,589,692 $3,531,331
Total Equity Restricted for Other Purposes-Ending $3,239,181 $2,765,752
Total Equity-Ending $22,046,372 $19,368,998
12/11/2013