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

50,000 1173 564751 Manlift 40,000 1173 564751 Replace 4'x8' Stage Decks 2,000 1173 564751 Retractable Screen, Sunset I 2,500 1173 564751 Stage Guardrail Cart 2,000 1173 564751 Stage Safety Rails & Chairstops 4' & 8' 6,000 1173 564751 Stage Support ME-1000 AS (4) 9,000 1173 564751 1/2 Ton Chain Motors (2) 6,000 1173 564751 Truss 8' (2) 2,000 1173 564751 Wireless Digital Audio Mixer 8-16 Channel (2) 3,000 1173 564751 Update Meal Service Hot Boxes 40,000 1173 564751 Kitchen Equipment Replacements 60,000 1173 564790 Repl. R-22 Walk In Cooler Refrig System (2) 16,000 3rd - Convention Center & Visitors Center 232,500 110,850 137,800 11,900 - 1151 564503 Computer Replacements - qty 1 purchased in 2013 850 5th - Tourism Promotion - - 850 - - $ 353,000 $ 145,800 $ 146,200 $ 16,900 $ - FY17 Line Item Detail - 5-23 tdc mtg.xlsx 5/18/2016 7:15 AM  5-Year Capital Improvements Dept Acct Description 2016-17 2017-18 2018-19 2019-20 2020-21 1175 563735 Beach Accessway Improvements 500,000 500,000 500,000 1175 563753 Artificial Reef for Fishing Industry 150,000 250,000 250,000 250,000 250,000 1175 563753 Artificial Reef for Snorkeling/Diving 300,000 1175 563790 Living Shorelines Ph I 37,000 500,000 500,000 500,000 500,000 1175 563790 Living Shorelines Ph II 21,000 500,000 500,000 500,000 500,000 1st - Beaches & Parks 708,000 2,050,000 1,750,000 1,250,000 1,250,000 1173 562790 Welcome Center Interior Renovations 150,000 1173 562790 Welcome Center Parking Lot Resurfacing 6,000 1173 562790 Welcome Center HVAC Replacement (3) 10,500 3rd - Convention Center & Visitors Center 156,000 10,500 - - - 1179 562752 Porte Cochere 1,175,000 1179 562790 Expand Loading Dock to Expedite Move In/Out 100,000 1179 562790 Hwy 98 Walkover 1,000,000 1179 562790 Parking Structure 5,000,000 1179 563710 Pavilion Structure for Bayview Plaza 300,000 3,000,000 1179 563710 Bayview Exterior Restrooms - 1,000,000 1179 563790 Chiller Upgrade (2) 200,000 1179 563790 Repl Dry Fire Sprinkler Sys Piping in Garage 120,000 1179 563790 Repl HVAC Air Handlers, Fans, Pumps 50,000 1179 563790 Replace Ballroom Carpet 300,000 1179 563790 Waterproof Building Exterior 350,000 1179 563790 Install Heat Circulating Fans in Ballrms II,III,IV 18,600 1179 563790 Enlarge Front Entrance Marquee 180,000 1179 563790 Move Glass out 20' on Portion of Patio 75,000 1179 563790 Interior Floor Renovation - Hard Surfaces 210,000 4th - Convention Center Improvements 1,320,000 4,198,600 7,560,000 - - $ 2,184,000 $ 6,259,100 $ 9,310,000 $ 1,250,000 $ 1,250,000 FY17 Line Item Detail - 5-23 tdc mtg.xlsx 5/18/2016 7:15 AM  TDT Reserve Policy Compliance 1st 2nd 3rd 4th 5th Type Policy FY17 Beaches & TDT Convention Conv Ctr Tourism FY16 $ Variance % of Target Parks Admin Center Capital Imp Promotion Budget from Target Target Operations 35% of budgeted personnel & operating expenses, plus any 5,683,444 1,508,494 962,876 1,592,729 41,160 1,578,186 $ 5,683,445 1 100.0% debt service, for each percentage point Beach Restoration $14M total, funded in whole or part by the first, second, and/or 14,000,000 9,830,286 0 0 n/a n/a $ 9,830,286 (4,169,714) 70.2% third percentage point(s) To the extent reserves do not total $14M, a minimum of $500K will be budgeted annually, in whole or part by the first, second, and/or third percentage point(s), to build reserves East Pass $2M total, funded in whole or part by the first, second, and/or 2,000,000 2,000,000 0 0 n/a n/a $ 2,000,000 0 100.0% Emergency Dredge third percentage point(s) ECCC Insured Loss $1.5M total, for the fourth percentage point 1,500,000 n/a n/a n/a 1,500,000 n/a $ 1,500,000 0 100.0% Deductible Promotional Activities 25% of budgeted promotional accounts, funded in whole or 1,299,185 n/a n/a 664,125 n/a 1,014,412 $ 1,678,537 379,352 129.2% part by the third and/or fifth percentage point(s) FY17 Line Item Detail - 5-23 tdc mtg.xlsx 5/18/2016 7:17 AM