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

12,818.8 13,032.6 $6,000.0 10,027.7 8,913.6 $4,000.0 $2,000.0 $ 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Year Real Property Personal Property Centrally Assessed Property UNAUDITED SCHEDULE 7 PROPERTY TAX MILLAGE RATES FOR DIRECT AND OVERLAPPING GOVERNMENTS - LAST TEN FISCAL YEARS FISCAL YEAR 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 COUNTYWIDE (BOCC) GENERAL REVENUE 4.2500 4.2500 4.2500 3.6500 3.3443 3.2995 3.2899 3.2899 3.2899 3.2899 UNINCORPORATED AREA (BOCC) MUNICIPAL SERVICE TAXING UNIT (MSTU) 0.2654 0.2654 0.2654 0.2085 0.1888 0.1800 0.1800 0.1800 0.1800 0.1800 COUNTYWIDE (OTHER) SCHOOL BOARD 8.2940 8.2940 8.0630 7.7860 7.6390 7.6240 7.6390 7.5340 7.7690 7.4760 TOTAL MILLAGES 12.8094 12.8094 12.5784 11.6445 11.1721 11.1035 11.1089 11.0039 11.2389 10.9459 MUNICIPALITIES CINCO BAYOU 2.3000 2.3000 2.3000 2.3000 2.0639 2.0639 2.0639 2.1000 2.3000 2.3500 CRESTVIEW 6.9000 6.9000 6.9990 6.4989 5.8466 5.8466 5.8466 5.8466 5.5966 5.5966 DESTIN 1.8000 1.8000 1.8000 1.5000 1.4550 1.4550 1.4550 1.4550 1.4550 1.4550 FORT WALTON BEACH 4.9700 4.9700 4.9700 4.6400 4.1986 4.1986 4.1986 4.5383 4.5383 4.5383 LAUREL HILL 0.0000 0.0000 0.0000 0.0000 5.0000 4.8400 3.5000 3.5000 3.5000 3.5000 MARY ESTHER 3.5000 3.5000 3.5000 3.4000 3.0125 2.6996 2.6996 2.6435 2.6435 2.6435 NICEVILLE 3.3000 3.5000 3.5000 3.5000 3.2669 3.2000 3.4500 3.6301 3.6500 3.7000 SHALIMAR 2.8000 2.7000 2.4000 2.2000 2.0000 2.0000 2.0000 2.0000 2.0000 2.0000 VALPARAISO 3.9900 3.9900 3.9900 3.1200 2.8754 3.7500 3.9330 4.0644 4.5240 SPECIAL DISTRICTS NW FLORIDA WATER MANAGEMENT 0.0500 0.0500 0.0500 0.0500 0.0450 0.0450 0.0450 0.0450 0.0400 0.0000 LAKE PIPPIN MSBU FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT DESTIN FIRE 0.8600 0.8600 0.8300 0.7700 0.8004 0.9009 1.0000 1.0000 1.0000 1.0000 EAST NICEVILLE FIRE 1.0000 1.0000 2.0000 2.0000 1.9200 2.0000 2.3500 2.3500 2.3700 2.3700 FLOROSA FIRE 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 NORTH BAY FIRE 1.8500 1.8750 2.0700 1.8000 1.6819 1.7827 2.0500 2.2500 2.3500 2.3500 OCEAN CITY-WRIGHT FIRE 1.8000 1.8000 1.8300 1.7800 1.6460 1.8144 1.8144 2.0000 2.0000 2.0000 OKALOOSA ISLAND FIRE 2.9950 2.6461 2.4305 1.9855 2.0250 1.9998 2.1900 2.7949 2.9950 3.1154 SYLVANIA HEIGHTS 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 ALMARANTE FIRE FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT BAKER FIRE FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT BLACKMAN FIRE FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT DORCAS FIRE FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT HOLT FIRE FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT NORTH OKALOOSA FIRE FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT FLAT SOURCE: OKALOOSA COUNTY PROPERTY APPRAISER $9.0 Property Tax Millage Rates Last Ten Fisacal Years $8.0 $7.0 $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 $ Countywide (BOCC) General Revenue Unincorporated Area (BOCC) MSTU Countywide School Board 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 UNAUDITED SCHEDULE 8 PRINCIPAL PROPERTY TAX PAYERS - LAST FISCAL YEAR COMPARED TO THE FISCAL YEAR NINE YEARS EARLIER 2013 2004 PERCENTAGE PERCENTAGE OF TOTAL OF TOTAL TAXABLE TAXABLE TAXABLE TAXABLE ASSESSED ASSESSED ASSESSED ASSESSED TAXPAYER VALUE VALUE VALUE VALUE FLORIDA GAS TRANSMISSION CO $74,695,618 0.54% $21,514,220 0.22% GULF POWER COMPANY $145,159,830 1.05% $84,696,427 0.88% EMERALD GRANDE INC $54,227,300 0.39% CHOCTAWHATCHEE ELECTRIC CO $31,553,084 0.23% $18,060,763 0.19% EMBARQ CORP $45,790,554 0.33% DESTIN COMMONS LTD $34,562,451 0.25% SRM-SPE LLC $27,517,960 0.20% BEACH RESORT INVESTMENTS LLC $22,140,373 0.16% $24,127,352 0.25% COXCOM INC $29,024,958 0.21% SPRINT FLORIDA INC $96,908,512 1.01% SANTA ROSA MALL LLC $40,227,719 0.42% WAL-MART STORES, INC $24,944,494 0.18% $25,915,969 0.27% VALPARAISO REALTY $20,543,454 0.21% TOLBERT ENTERPRISES $18,193,626 0.19% FRENCH QUARTER II LLC $17,506,218 0.18% TOTAL PRINCIPAL TAXPAYER VALUE $489,616,622 3.55% $367,694,260 3.82% TOTAL TAXABLE ASSESSED VALUE $13,796,745,537 100.0% $9,618,024,001 100.0% SOURCE: OKALOOSA COUNTY PROPERTY APPRAISER Principal Property Tax Payers Current Year 2013 Principal Tax Payers 3.55% Taxable Assessed Value 96.45% Principal Property Tax Payers Year 2004 Principal Tax Payers 3.82% Taxable Assessed Value 96.18% UNAUDITED SCHEDULE 9 PROPERTY TAX LEVIES AND COLLECTIONS - LAST TEN FISCAL YEARS COLLECTED WITHIN THE TAXES LEVIED FISCAL YEAR OF THE LEVY COLLECTIONS TOTAL COLLECTIONS TO DATE FISCAL FOR THE PERCENTAGE IN SUBSEQUENT PERCENTAGE YEAR FISCAL YEAR AMOUNT OF LEVY YEARS AMOUNT OF LEVY 2004 $42,144,165 $40,556,384 96.2% $150,954 $40,707,338 96.6% 2005 $45,794,926 $45,449,663 99.2% $181,918 $45,631,581 99.6% 2006 $57,849,177 $55,634,769 96.2% $184,070 $55,818,839 96.5% 2007 $65,531,728 $63,181,930 96.4% $100,657 $63,282,587 96.6% 2008 $63,123,125 $62,249,498 98.6% $173,101 $62,422,599 98.9% 2009 $57,679,952 $56,797,501 98.5% $198,907 $56,996,408 98.8% 2010 $53,408,513 $52,477,263 98.3% $137,394 $52,614,657 98.5% 2011 $47,862,708 $46,941,453 98.1% $235,856 $47,177,309 98.6% 2012 $45,434,311 $44,537,852 98.0% $283,894 $44,821,746 98.7% 2013 $44,715,750 $43,934,031 98.3% $168,991 $44,103,022 98.6% SOURCE: OKALOOSA COUNTY TAX COLLECTOR RECAPITULATION OF THE TAX ROLL  Property Tax Levies and Collections Last Ten Fiscal Years $70.0 $60.0 $50.0 $40.0 $30.0 $20.0 $10.0 $ 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Year Levied Collected UNAUDITED SCHEDULE 10 RATIOS OF OUTSTANDING DEBT BY TYPE - LAST TEN FISCAL YEARS GOVERNMENTAL ACTIVITIES BUSINESS-TYPE ACTIVITIES SPECIAL COMMERCIAL SOLID CONFERENCE TOTAL