Okaloosa County BOCC — July 30, 2015 — III. l. TDT Reports OCTC (May 15) — reading text

Okaloosa County Tax Collector Tourist Development Tax May Tax Revenue Report Fiscal Year 2014-2015 Benjamin F. Anderson Prepared by: Okaloosa County Tax Collector Joshua Allen Director of Field Services  Total Historical TDT Collections and Percentage Breakdown FY 2010 - Current % (+/-) % (+/-) % (+/-) Cum (+/-) Month FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 2012-2013 2013-2014 2014-2015 2014-2015 October $522,443.42 $521,660.33 $598,158.00 $609,091.44 16.76% $680,330.93 11.70% $886,981.06 30.37% 30.37% November $210,704.19 $213,947.00 $239,511.00 $259,606.95 8.39% $273,038.26 5.17% $313,442.31 14.80% 25.91% December $235,157.23 $217,922.30 $289,595.00 $288,498.30 -0.38% $291,672.28 1.10% $320,915.76 10.03% 22.19% January $285,996.44 $256,775.00 $297,124.03 $298,995.38 0.63% $332,035.87 11.05% $410,853.35 23.74% 22.52% February $376,473.90 $365,490.00 $437,614.00 $395,790.00 -9.56% $430,183.30 8.69% $492,951.35 14.59% 20.82% March $727,272.00 $768,790.00 $1,028,053.00 $1,118,616.08 8.81% $1,009,474.61 -9.76% $1,033,763.09 2.41% 14.66% April $779,028.05 $847,476.00 $987,462.61 $905,964.12 -8.25% $1,038,269.24 14.60% $1,248,990.41 20.30% 16.10% May $955,032.36 $1,079,025.00 $1,296,974.20 $1,264,606.99 -2.50% $1,441,156.49 13.96% $1,628,068.98 12.97% 15.28% June $1,730,975.65 $2,290,684.30 $2,755,441.00 $2,797,225.80 1.52% $2,909,098.89 4.00% July $1,483,002.44 $2,749,706.99 $2,755,052.00 $2,897,646.65 5.18% $3,330,612.35 14.94% August $756,365.51 $1,225,204.88 $1,421,408.96 $1,588,763.04 11.77% $1,907,946.18 20.09% September $700,746.00 $1,028,530.00 $1,067,149.50 $1,098,414.84 2.93% $1,143,072.91 4.07% Total $8,763,197.19 $11,565,211.80 $13,173,543.30 $13,523,219.59 2.65% $14,786,891.31 9.34% $6,335,966.31 Amounts for September 2013 through current reported by the Okaloosa County Tax Collector's Office. All amounts prior to September 2013 reported by the Okaloosa County Clerk of Courts. Page 1  Total TDT Collections in Thousands $0 $300 $600 $900 $1,200 $1,500 $1,800 $2,100 $2,400 $2,700 $3,000 $3,300 $3,600 609.1 Oct 680.3 FY 887.0 2012 259.6 Nov 273.0 313.4 288.5 Dec 291.7 320.9 299.0 Jan 332.0 FY 410.9 2003 395.8 Feb 430.2 FY 13 493.0 Total Monthly TDT Collections 1,118.6 Page 2 FY 14 Month Mar 1,009.5 Page 2 1,033.8 FY 15 906.0 Apr 1,038.3 1,249.0 1,264.6 May 1,441.2 FY 2013 - 2015 1,628.1 2,797.2 Jun 2,909.1 0.0 2,897.6 Jul 3,330.6 0.0 1,588.8 Aug 1,907.9 0.0 1,098.4 Sep 1,143.1 0.0  TDT Rental Receipts and Amount Remitted by Rental Type / Tax Area May 2015 Gross Rental Exempt Rental Taxable Rental 5% of Taxable Collection Total Amount Distibution to Tax Collector Rental Type Adjustments Penalty Interest Receipts Receipts Receipts Rental Receipts Allowance Remitted TDD/BCC Commission Condo $19,780,768.13 $713,745.90 $19,067,022.23 $953,351.11 ($381.93) $2,260.23 $212.97 ($4,660.10) $950,782.28 $922,258.82 $28,523.46 Hotel / Motel $9,390,072.46 $687,104.46 $8,702,968.00 $435,148.40 $559.28 $1.07 ($937.56) $434,771.19 $421,728.05 $13,043.14 Single Family Dwelling $3,990,975.17 $59,914.91 $3,931,060.26 $196,553.01 $50.00 $0.74 ($851.57) $195,752.18 $189,879.61 $5,872.57 Other $943,646.95 $2,820.00 $940,826.95 $47,041.35 $0.00 $0.00 ($278.02) $46,763.33 $45,360.43 $1,402.90 Total $34,105,462.71 $1,463,585.27 $32,641,877.44 $1,632,093.87 ($381.93) $2,869.51 $214.78 ($6,727.25) $1,628,068.98 $1,579,226.91 $48,842.07 Gross Rental Exempt Rental Taxable Rental 5% of Taxable Collection Total Amount Distibution to Tax Collector Tax Area Adjustments Penalty Interest Receipts Receipts Receipts Rental Receipts Allowance Remitted TDD/BCC Commission Destin $22,277,434.38 $446,262.18 $21,831,172.20 $1,091,558.61 ($381.93) $1,208.33 $53.81 ($4,641.42) $1,087,797.40 $1,055,163.48 $32,633.92 Okaloosa Island $10,465,403.11 $789,950.19 $9,675,452.92 $483,772.65 $1,101.90 $159.90 ($1,725.60) $483,308.85 $468,809.57 $14,499.27 Fort Walton Beach $1,362,625.22 $227,372.90 $1,135,252.32 $56,762.62 $559.28 $1.07 ($360.23) $56,962.74 $55,253.86 $1,708.88 Total $34,105,462.71 $1,463,585.27 $32,641,877.44 $1,632,093.87 ($381.93) $2,869.51 $214.78 ($6,727.25) $1,628,068.98 $1,579,226.91 $48,842.07 Page 3  Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Rental Type May 2015 Gross Rental Taxable Rental Number of Rental Type % % % RevPAR* Receipts Receipts Units Condo $19,780,768.13 58.00% $19,067,022.23 58.41% 6,251 56.58%