Okaloosa County BOCC — May 23, 2016 — I. d. Proposed Budget — reading text

Improvements 16,000 16,000 100.00% Repl. R-22 Walk In Cooler Refrig System (2) $ 481,475 Total Capital Outlay $ 413,500 (67,975) -14.12% Grants & Aids: 14,214 581205 Okaloosa Island Fire District - (14,214) -100.00% $ 14,214 Total Grants & Aids $ - (14,214) -100.00% Non-Operating: 948,315 599140 Reserve - TDD O&M 1,010,900 62,585 6.60% 35% of personnel & operating expenses $ 948,315 Total Non-Operating $ 1,010,900 62,585 6.60% $ 4,174,369 TOTAL EXPENSES $ 4,312,686 138,317 3.31% $ 1,711,751 NET REVENUE / (EXPENSE) $ 3,145,964 1,434,213 83.79% $ 5,886,120 TOTAL 3rd percentage EXPENSES $ 7,458,650 1,572,530 26.72% $ - NET 3rd percentage REVENUE / (EXPENSE) $ (0) FY17 Line Item Detail - 5-23 tdc mtg.xlsx 5/18/2016 7:09 AM  1179 - 4th TDT-Capital Improvements Future expansion, renovation or reconstruction of the convention center, including the construction, expansion, renovation or reconstruction of outdoor venues for the convention center. Actual Budget 2015-16 2016-17 $ % Adopted TDC Proposed Change Change Revenues: 3,000,000 312145 Tourist Development Tax - 4th Cent 3,920,000 920,000 30.67% 7,500 361101 Interest on Time Deposits 25,000 17,500 233.33% 400 361104 State Investment Pool Interest 1,000 600 150.00% 9,308,940 389901 Balances-Cash 12,411,100 3,102,160 33.32% $ 12,316,840 TOTAL REVENUES $ 16,357,100 4,040,260 32.80% Operating Expenses: 90,000 549520 Administrative Charges 117,600 27,600 30.67% $ 90,000 Total Operating Expenses $ 117,600 27,600 30.67% Capital Outlay: 1,175,000 562752 Porte Cochere - (1,175,000) -100.00% 1,000,000 562790 Other Construction - (1,000,000) -100.00% - 563710 Outdoor Exhibition Pad 300,000 300,000 100.00% Pavilion Structure for Bayview Plaza 866,600 563790 Other Improvements 1,020,000 153,400 17.70% Chiller Upgrade (2) Repl Dry Fire Sprinkler Sys Piping in Garage Repl HVAC Air Handlers, Fans, Pumps Replace Ballroom Carpet Waterproof Building Exterior $ 3,041,600 Total Capital Outlay $ 1,320,000 (1,721,600) -56.60% Non-Operating: 31,500 599140 Reserve - TDD O&M 41,160 9,660 30.67% 35% of personnel & operating expenses 1,500,000 599143 Reserve - ECCC Storm 1,500,000 - 0.00% Insured Loss Deductible 7,653,740 599300 Reserve - Future Capital Outlay 13,378,340 5,724,600 74.79% Future ECCC Capital Improvement Projects $ 9,185,240 Total Non-Operating $ 14,919,500 5,734,260 62.43% $ 12,316,840 TOTAL EXPENSES $ 16,357,100 4,040,260 32.80% $ - NET REVENUE / (EXPENSE) $ - FY17 Line Item Detail - 5-23 tdc mtg.xlsx 5/18/2016 7:10 AM  1151 - 5th TDT-Tourism Promotion Tourism Promotion Actual Budget 2015-16 2016-17 $ % Adopted TDC Proposed Change Change Revenues: 3,000,000 312145 Tourist Development Tax - 5th Cent 3,920,000 920,000 30.67% 7,000 361101 Interest on Time Deposits 10,000 3,000 42.86% 750 361104 State Investment Pool Interest 2,500 1,750 233.33% 40,000 369901 Reimbursement-Advertising 20,000 (20,000) -50.00% 2,929,994 389901 Balances-Cash 3,149,200 219,206 7.48% $ 5,977,744 TOTAL REVENUES $ 7,101,700 1,123,956 18.80% Personal Services: 1.00 Full-Time Employees 4.00 - Part-Time Employees - 44,794 512010 Salaries/Wages - Full-Time 184,683 139,889 312.29% - 513010 Salaries/Wages - Relief 2,000 2,000 100.00% 3,427 521000 FICA Taxes 14,128 10,701 312.26% 3,252 522000 Retirement Contributions 13,888 10,636 327.07% 8,990 523000 Life & Health Insurance 37,879 28,889 321.34% 116 524000 Worker's Compensation 425 309 266.19% $ 60,579 Total Personal Services $ 253,003 192,424 317.64% Operating Expenses: 40,000 534018 CS-Chamber of Commerce 40,000 - 0.00% 1,000 534500 CS-Personnel - (1,000) -100.00% 5,373 540002 Travel Out-of-County 11,313 5,940 110.55% 9,950 540005 Travel Lodging Expenses 13,950 4,000 40.20% 85 541010 Communications Services 4,153 4,068 4785.88% 720 541011 Cellular Phones/Pagers 720 - 0.00% 500 542001 Postage/Freight Charges 500 - 0.00% 402 545990 Insurance-Other 1,718 1,316 327.36% 900 546900 R/M-Technical Support Service 900 - 0.00% 750 547002 Printing & Binding 750 - 0.00% 52,000 548001 Promotional Activities 55,000 3,000 5.77%