Okaloosa County BOCC — May 20, 2014 — CAFR_13 — reading text

18.7 $10.0 9.0 8.4 7.7 7.0 7.0 7.0 6.1 4.8 4.2 3.9 2.1 $ Total General Fund Total All Other Governmental Total Fund Balances 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 UNAUDITED SCHEDULE 4 CHANGES IN FUND BALANCES-GOVERNMENTAL FUNDS-LAST TEN FISCAL YEARS FISCAL YEAR 2003 2004 2006 2007 2008 2009 2010 2011 2012 2013 REVENUES TAXES $44,079,158 $48,610,746 $66,042,747 $73,867,055 $73,373,458 $72,281,816 $64,566,859 $61,193,262 $58,759,403 $58,009,904 LICENSES & PERMITS $211,365 $307,090 $284,662 $214,234 $9,100 $1,380,759 $1,327,905 $1,325,765 $1,335,069 $816,294 INTERGOVERNMENTAL $25,736,508 $29,948,522 $42,539,492 $31,531,631 $30,009,477 $35,475,825 $36,535,915 $33,113,485 $34,752,396 $30,863,164 CHARGES FOR SERVICES $16,763,572 $19,859,820 $24,735,690 $23,289,780 $22,131,456 $20,050,104 $16,832,903 $16,703,982 $18,066,625 $18,655,266 FINES & FORFEITURES $340,185 $253,841 $719,436 $2,522,536 $1,611,445 $311,933 $263,008 $366,891 $465,016 $476,561 MISCELLANEOUS $2,698,607 $1,908,070 $6,305,145 $5,359,597 $6,452,039 $4,053,181 $6,474,468 $9,896,129 $6,602,495 $3,307,732 TOTAL REVENUES $89,829,395 $100,888,089 $140,627,172 $136,784,833 $133,586,975 $133,553,618 $126,001,058 $122,599,514 $119,981,004 $112,128,921 EXPENDITURES GENERAL GOVERNMENT SERVICES $21,570,112 $22,138,458 $26,533,691 $29,818,265 $33,527,359 $31,564,827 $30,831,739 $29,385,011 $28,153,161 $26,836,490 PUBLIC SAFETY $30,967,864 $33,702,978 $39,715,240 $45,003,091 $47,406,613 $48,819,375 $44,472,469 $43,923,618 $43,331,001 $44,072,056 PHYSICAL ENVIRONMENT $984,816 $539,630 $769,308 $869,499 $952,412 $822,003 $2,267,404 $2,190,121 $1,012,021 $1,052,328 TRANSPORTATION $10,585,261 $10,757,562 $13,126,158 $12,859,021 $13,124,250 $14,177,430 $14,276,604 $13,049,151 $12,403,808 $11,660,285 ECONOMIC ENVIRONMENT $5,465,572 $12,205,205 $7,793,104 $6,387,789 $6,297,322 $7,415,472 $9,052,837 $9,158,215 $5,077,420 $4,941,758 HUMAN SERVICES $3,385,124 $3,736,433 $4,372,186 $4,538,445 $4,654,542 $4,803,243 $4,323,033 $4,111,405 $4,020,503 $4,185,618 CULTURE AND RECREATION $2,116,443 $2,464,105 $3,355,917 $8,137,562 $4,494,534 $3,887,890 $4,452,522 $3,419,210 $5,330,917 $11,418,463 COURT RELATED $6,633,646 $6,733,490 $7,947,657 $11,448,620 $8,752,790 $8,114,665 $7,102,441 $6,824,745 $6,795,357 $7,158,838 CAPITAL OUTLAY $14,274,768 $9,943,885 $26,494,998 $16,993,757 $11,226,400 $12,625,889 $18,693,921 $25,526,067 $10,304,163 $5,427,895 PRINCIPAL RETIREMENT $1,683,484 $809,166 $818,774 $1,934,681 $1,737,530 $587,575 $587,505 $582,411 $3,050,000 $713,000 INTEREST $29,792 $46,392 $48,794 $66,319 $85,381 $45,532 $435,901 $1,479,158 $1,587,593 $1,626,624 OTHER CHARGES $1,587 $1,500 $2,000 $23,699 $24,187 $22,836 $692,498 $96,448 $19,768 $41,210 TOTAL EXPENDITURES $97,698,469 $103,078,804 $130,977,827 $138,080,748 $132,283,320 $132,886,737 $137,188,874 $139,745,560 $121,085,712 $119,134,565 EXCESS OF REVENUES OVER(UNDER) EXPENDITURES ($7,869,074) ($2,190,715) $9,649,345 ($1,295,915) $1,303,655 $666,881 ($11,187,816) ($17,146,046) ($1,104,708) ($7,005,644) OTHER FINANCING SOURCES (USES) SPECIAL ITEM $0 $0 $0 $0 $0 $0 $0 $0 ($2,007,041) $0 TRANSFERS IN $5,021,377 $6,648,881 $7,908,387 $9,898,053 $9,066,308 $8,965,209 $7,963,351 $11,551,302 $11,920,643 $6,333,962 TRANSFERS OUT ($4,478,111) ($6,223,181) ($7,305,817) ($8,895,030) ($7,782,208) ($8,234,782) ($6,876,756) ($10,293,670) ($11,257,307) ($5,938,836) BUDGET TRANSFERS AMOUNG CONSTITUTIONAL OFFICERS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 PROCEEDS FROM CAPITAL LEASES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 EXCESS FEES DUE TO OTHER GOVERNMENTS $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 PROCEED FROM LONG-TERM-DEBT $834,257 $943,138 $2,550,000 $3,800,000 $0 $0 $26,363,759 $3,600,000 $0 $5,000,000 TOTAL OTHER FINANCING SOURCES(USES) $1,377,523 $1,368,838 $3,152,570 $4,803,023 $1,284,100 $730,427 $27,450,354 $4,857,632 ($1,343,705) $5,395,126 NET CHANGE IN FUND BALANCES ($6,491,551) ($821,877) $12,801,915 $3,507,108 $2,587,755 $1,397,308 $16,262,538 ($12,288,414) ($2,448,413) ($1,610,518) DEBT SERVICE AS A PERCENTAGE OF NONCAPITAL EXPENDITURES 1.79% 0.84% 0.67% 1.49% 1.42% 0.50% 1.27% 1.57% 4.00% 2.04%  Changes in Fund Balances Governmental Funds Last Ten Fiscal Years $160.0 $140.0 140.6 138.1 126.0 132.9 139.7 136.8 137.2 133.6 132.3 133.6 122.6 131.0 121.1 119.1 $120.0 120.0 100.9 112.1 103.1 $100.0 97.7 89.8 $80.0 $60.0 $40.0 $20.0 16.3 12.8 3.5 2.6 1.4 (0.8) $ (1.6) (6.5) (2.4) (12.3) $(20.0) 2003 2004 2006 2007 2008 2009 2010 2011 2012 2013 Year Revenues Expenditures Change in Net Assets UNAUDITED SCHEDULE 5 GOVERNMENTAL TAX REVENUES BY SOURCE - LAST TEN FISCAL YEARS AD TOURIST 9TH CENT LOCAL LOCAL COMMUNICATION FISCAL VALOREM DEVELOPMENT VOTED BUSINESS OPTION SERVICE TOTAL YEAR TAX TAX FUEL TAX TAX FUEL TAX TAX TAXES 2004 $39,068,982 $3,797,314 $803,205 $0 $3,682,774 $1,258,471 $48,610,746 2005 $43,674,282 $3,680,706 $1,139,965 $0 $3,807,944 $1,842,188 $54,145,086 2006 $54,897,396 $4,023,127 $1,160,768 $0 $3,858,003 $2,103,453 $66,042,748 2007 $62,280,020 $4,293,620 $1,128,995 $0 $3,749,553 $2,414,866 $73,867,054 2008 $59,958,051