Okaloosa County BOCC — January 22, 2015 — Agenda Packet — reading text

Adjustments Penalty Interest Receipts Receipts Receipts Rental Receipts Allowance Remitted TDD/BCC Commission Condo $3,314,396.56 $427,715.99 $2,886,680.57 $144,334.03 $2,002.95 $170.53 ($1,831.44) $144,676.07 $140,335.79 $4,340.28 Hotel / Motel $2,498,008.86 $181,230.05 $2,316,778.81 $115,838.94 $0.00 $0.00 ($837.12) $115,001.82 $111,551.77 $3,450.05 Single Family Dwelling $767,828.54 $16,670.76 $751,157.78 $37,557.89 ($10,073.52) $80.13 $1.08 ($14.18) $27,551.40 $26,724.86 $826.54 Other $537,906.74 $9,489.00 $528,417.74 $26,420.88 $0.00 $0.00 ($207.86) $26,213.02 $25,426.62 $786.40 Total $7,118,140.70 $635,105.80 $6,483,034.90 $324,151.74 ($10,073.52) $2,083.08 $171.61 ($2,890.60) $313,442.31 $304,039.04 $9,403.27 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 $4,510,548.44 $318,807.87 $4,191,740.57 $209,587.02 ($10,073.52) $1,006.62 $70.27 ($1,957.96) $198,632.43 $192,673.46 $5,958.97 Okaloosa Island $2,184,402.10 $273,464.11 $1,910,937.99 $95,546.90 $996.33 $100.26 ($693.10) $95,950.39 $93,071.88 $2,878.51 Fort Walton Beach $423,190.16 $42,833.82 $380,356.34 $19,017.82 $80.13 $1.08 ($239.54) $18,859.49 $18,293.70 $565.79 Total $7,118,140.70 $635,105.80 $6,483,034.90 $324,151.74 ($10,073.52) $2,083.08 $171.61 ($2,890.60) $313,442.31 $304,039.04 $9,403.27 Page 3 Packet Pg. 61  2.c.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR Attachment: II.c.TDT Reports OCTC (Oct - Nov 14) (3762 : Okaloosa Tax Collector Report ? Oct/Nov by Rental Type November 2014 Gross Rental Taxable Rental Number of Rental Type % % % RevPAR* Receipts Receipts Units Condo $3,314,396.56 46.56% $2,886,680.57 44.53% 6,193 56.54% $17.84 Hotel / Motel $2,498,008.86 35.09% $2,316,778.81 35.74% 3,261 29.77% $25.53 Single Family Dwelling $767,828.54 10.79% $751,157.78 11.59% 612 5.59% $41.82 Other $537,906.74 7.56% $528,417.74 8.15% 887 8.10% $20.21 Total $7,118,140.70 100.00% $6,483,034.90 100.00% 10,953 100.00% $21.66 *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 7.56% 8.15% 8.10% Single Single Single Family Family Family Dwelling Dwelling Dwelling 10.79% 11.59% 5.59% Condo Condo 46.56% 44.53% Condo Hotel / 56.54% Hotel / Hotel / Motel Motel Motel 29.77% 35.09% 35.74% Page 4 Packet Pg. 62  2.c.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR Attachment: II.c.TDT Reports OCTC (Oct - Nov 14) (3762 : Okaloosa Tax Collector Report ? Oct/Nov by Tax Area November 2014 Gross Rental Taxable Rental Tax Area % % Number of Units % RevPAR* Receipts Receipts Destin $4,510,548.44 63.37% $4,191,740.57 64.66% 6,454 58.92% $23.30 Okaloosa Island $2,184,402.10 30.69% $1,910,937.99 29.48% 3,635 33.19% $20.03 Fort Walton Beach $423,190.16 5.95% $380,356.34 5.87% 864 7.89% $16.33 Total $7,118,140.70 100.00% $6,483,034.90 100.00% 10,953 100.00% $21.66 *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 Fort Fort Walton Walton Fort Walton Beach Beach Beach 5.95% 5.87% 7.89% Okaloosa Okaloosa Okaloosa Island Island Island 30.69% Destin 29.48% Destin Destin 63.37% 33.19% 58.92% 64.66% Page 5 Packet Pg. 63  2.c.a Year to Date Percentage of Gross Rental Receipts by Rental Type / Tax Area FY 2015 YEAR TO DATE RENTAL TYPE OCT 2014 NOV 2014 DEC 2014 JAN 2015 FEB 2015 MAR 2015 APR 2015 MAY 2015 JUNE 2015 JULY 2015 AUG 2015 SEPT 2015