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

$59,896,000 100% $59,896,000 (1) THIS SCHEDULE IS NORMALLY TITLED "COMPUTATION OF OVERLAPPING DEBT", HOWEVER BECAUSE OKALOOSA COUNTY HAS NO OVERLAPPING DEBT, THE TITLE HAS BEEN CHANGED TO REFLECT THE CONTENTS OF THE SCHEDULE. (2) NET BONDED DEBT IS DEFINED HERE AS GROSS BONDED DEBT LESS AMOUNT AVAILABLE IN DEBT SERVICE UNAUDITED SCHEDULE 13 DEMOGRAPHIC AND ECONOMIC STATISTICS - LAST TEN YEARS PERSONAL PER CAPITA PERCENT INCOME PERCENT PERSONAL PERCENT UNEMPLOYMENT YEAR POPULATION +/- IN THOUSANDS +/- INCOME +/- RATE 2004 185,778 2.6% $6,229,248 7.9% $34,132 5.0% 3.47% 2005 188,939 1.7% $6,660,556 6.9% $36,190 6.0% 2.80% 2006 192,672 2.0% $7,144,102 7.3% $38,812 7.2% 2.40% 2007 196,617 2.0% $7,436,986 4.1% $40,711 4.9% 2.55% 2008 197,597 0.5% $7,607,688 2.3% $41,858 2.8% 5.10% 2009 196,234 -0.7% $7,186,037 -5.5% $39,668 -5.2% 7.40% 2010 196,800 0.3% $7,417,181 3.2% $41,024 3.4% 8.20% 2011 181,679 -7.7% $8,086,833 9.0% $44,126 (1) 7.6% 8.20% 2012 187,280 3.1% $8,546,210 5.7% $44,960 (1) 1.9% 6.10% 2013 187,486 0.1% $8,933,798 (1) 4.5% $46,639 (1) 3.7% 5.20% (1) Estimated income figures based upon average percent in prior years. SOURCE: FLORIDA RESEARCH AND ECONOMIC DATABASE  Population Personal Income Last Ten Fiscal Years Last Ten Fiscal Years 4.0 10.0 2.0 5.0 0.0 (2.0) 0.0 (4.0) (6.0) (5.0) (8.0) (10.0) (10.0) Year Year Per Capita Income Unemployment Rate Last Ten Fiscal Years Last Ten Fiscal Years 10.0 10.0 8.0 8.0 6.0 6.0 4.0 4.0 2.0 0.0 2.0 (2.0) 0.0 (4.0) (6.0) Year Year UNAUDITED SCHEDULE 14 PRINCIPAL EMPLOYERS - CURRENT YEAR AND NINE YEARS AGO 2013 2004 PERCENTAGE PERCENTAGE OF TOTAL OF TOTAL EMPLOYER EMPLOYEES EMPLOYMENT EMPLOYEES EMPLOYMENT FT WALTON BEACH MEDICAL CENTER 1,250 1.28% 941 0.51% L-3/CRESTVIEW AEROSPACE CORP 1,064 1.09% 520 0.28% LOCKHEED MARTIN 800 0.82% INDYNE, INC 800 0.82% NORTH OKALOOSA MEDICAL CENTER 678 0.69% 585 0.31% JACOBS TEAS 1,483 1.52% NATIONAL ELECTRONICS WARRANTY (NEW) 450 0.46% DRS TRAINING & CONTROL SYSTEMS 454 0.46% THE BOEING COMPANY 419 0.43% BAE SYSTEMS TECHNICAL SERVICES 410 0.42% 910 0.49% ABBOT RESORTS/RESORT QUEST 1,300 0.70% TYBRIN CORPORATION 875 0.47% METRIC SYSTEMS CORPORATION 730 0.39% SVERDRUP TECHNOLOGY 650 0.35% MANUFACTURING TECHNOLOGY 450 0.24% WHITE-WILSON MEDICAL CENTER 380 0.20% TOTAL 7,808 7.98% 7,341 3.95% TOTAL COUNTY EMPLOYMENT 97,841 185,778 SOURCE: FLORIDA RESEARCH AND ECONOMIC DATABASE  Principal Employers Principal Employers Current Year Nine Years Ago 2013 2004 Principal Principal Employers Employers 7.98% 3.95% Total Total Employment Employment 92.02% 96.05% UNAUDITED SCHEDULE 15 FULL-TIME EQUIVALENT GOVERNMENT EMPLOYEES BY FUNCTION - LAST TEN YEARS FULL-TIME EQUIVALENT EMPLOYEES AS OF OCTOBER 1 FUNCTION 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 GENERAL GOVERNMENT 280 285 249 305 299 308 316 313 303 309 PUBLIC SAFETY 534 543 625 609 661 641 635 657 629 649 PHYSICAL ENVIRONMENT 161 163 161 169 169 157 161 156 147 144 TRANSPORTATION 163 172 177 158 175 168 166 154 146 156 ECONOMIC ENVIRONMENT 13 13 16 13 14 18 17 18 14 14 HUMAN SERVICES 9 9 13 11 13 9 8 8 8 8 CULTURE AND RECREATION 31 35 38 41 43 42 43 42 42 42 COURT-RELATED ACTIVITIES 92 87 128 102 109 78 82 82 86 86 TOTAL 1,283 1,307 1,407 1,408 1,483 1,420 1,427 1,430 1,375 1,408 SOURCE: BUDGET OFFICE  FTE by Function Culture and Recreation Fiscal Year 2013 3% Court-Related Activities Human Services 6% 1% Economic Environment General Government 1% 22% Transportation 11% Physical Environment 10% Public Safety 46% UNAUDITED SCHEDULE 16 OPERATING INDICATORS BY FUNCTION/PROGRAM - LAST TEN FISCAL YEARS FUNCTION/PROGRAM 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 TRANSIT TOTAL ROUTE MILES 129 129 182 163 163 163 163 168 168 215 PASSENGERS 92,181 71,193 138,491 169,389 211,330 171,967 162,820 175,595 179,946 182,584 LIBRARY CIRCULATION 519,496 542,039 572,074 608,803 679,720 750,643 751,432 713,416 699,532 696,234 REGISTERED BORROWERS 78,646 88,793 98,100 100,335 92,629 96,474 94,493 77,616 72,730 70,908 PUBLIC WORKS ASPHALT OVERLAY (SQUARE YARDS) 143,386 82,564 48,700 71,832 126,312 52,000 61,778 58,809 24,547 42,280 BRIDGES REPAIRED/REPLACED 11 27 11 14 6 12 14 8 7 1 WATER NEW CONNECTIONS 575 554 594 404 128 496 134 320 757 140 WATER MAINS REPAIRS 1,943 2,419 990 1,344 425 476 52 74 55 63 ANNUAL WATER UNITS BILLED 426,503 428,058 428,601 429,081 430,692 429,412 434,148 437,682 442,834 444,340 SEWER ANNUAL SEWER UNITS BILLED 393,856 400,975 403,138 403,631 406,807 398,541 399,660 402,977 407,625 414,612 AIRPORTS ENPLANEMENTS 388,958 407,052 365,045 396,045 400,105 332,556 369,230 448,870 385,428 448,870