Okaloosa County BOCC — April 24, 2014 — reading text

Sponsors: TDC ITEM (ID # 2748) DOC ID: 2748 UWF NWF Bed Tax Analysis Updated: 4/18/2014 3:29 PM by Aida Wilkinson Page 1 Packet Pg. 28  2.c.a Northwest Florida Bed Taxes 2% level for analysis purposes Northwest Escambia Santa Rosa Okaloosa Walton Bay Florida Nov-12 $169,932 $18,445 $103,843 $197,819 $133,149 $623,188 Dec-12 $138,078 $23,941 $115,399 $207,359 $144,694 $629,471 Jan-13 $137,303 $19,997 $119,598 $156,222 $151,119 $584,239 Feb-13 $189,208 $22,816 $158,315 $202,359 $216,714 $789,412 Mar-13 $345,495 $53,370 $447,446 $874,408 $869,571 $2,590,290 Apr-13 $303,703 $44,100 $362,386 $532,649 $470,749 $1,713,587 May-13 $401,285 $67,777 $505,843 $758,691 $608,925 $2,342,521 Attachment: II.c. UWF Bed Tax Analysis (2748 : UWF NWF Bed Tax Analysis) Jun-13 $630,819 $103,022 $1,118,890 $1,746,489 $1,220,020 $4,819,240 Jul-13 $681,174 $163,219 $1,159,059 $1,559,427 $1,293,605 $4,856,484 Aug-13 $424,339 $73,738 $635,505 $909,394 $626,711 $2,669,687 Sep-13 $256,806 $44,723 $439,366 $746,737 $461,839 $1,949,471 Oct-13 $223,523 $36,865 $272,132 $380,161 $324,000 $1,236,681 Nov-13 $157,738 $22,716 $109,215 $187,295 $172,348 $649,312 Dec-13 $149,670 $22,267 $116,669 $218,644 $125,148 $632,398 Jan-14 $155,920 $24,079 $132,814 $162,928 $160,065 $635,806 Northwest Escambia Santa Rosa Okaloosa Walton Bay Florida Percent Change Jan-13 to Jan-14 13.56% 20.41% 11.05% 4.29% 5.92% 8.83% Northwest Escambia Santa Rosa Okaloosa Walton Bay Florida 2012-13 Rolling Quarter $445,313 $62,383 $338,840 $561,400 $428,962 $1,836,898 2013-14 Rolling Quarter $463,328 $69,062 $358,698 $568,867 $457,561 $1,917,516 Northwest Escambia Santa Rosa Okaloosa Walton Bay Florida Percent Change Rolling Quarter 4.05% 10.71% 5.86% 1.33% 6.67% 4.39% Note: Rolling Quarter is the sum of the current month and the last two months Data Source: Bed Tax Collectors Packet Pg. 29  2.e Tourist Development Council Meeting: 04/24/14 02:00 PM 1540 Miracle Strip Parkway Department: Tourist Development Council Fort Walton Beach, FL 32548 Category: Report Prepared By: Aida Wilkinson SCHEDULED Initiator: Aida Wilkinson Sponsors: TDC ITEM (ID # 2755) DOC ID: 2755 Chart of Authorized Uses of TDT Funds Updated: 4/21/2014 3:10 PM by Aida Wilkinson Page 1 Packet Pg. 30  2.e.a CHART OF AUTHORIZED USES OF TDT FUNDS PENNIES AUTHORIZED USES Provide and improve:  Beach Park Facilities  Tourist Destination Facilities Attachment: II.e. Chart of Authorized Uses of TDT Funds (2755 : Chart of Authorized Uses of TDT Funds)  Beaches, waterways, access ways, recreational and eco-tourism 1ST PENNY facilities.  Beach Improvements  Maintenance, renourishment, restoration and erosion control, shoreline protection, enhancement, access, cleanup of beaches and other waterways, construction of artificial reefs. 1) Tourism Services  Visitor Services  Brochure distribution 2ND PENNY  Communication & Research 2) Lifeguard services and protection 3) Tourist Bureau Administration Provide and improve:  Visitor Welcome/Information Center Provide for operations and maintenance of:  Convention Center 3RD PENNY  Visitor Welcome/Information Center  Tourist Destination Facilities Provide for the promotion of the use of:  Convention Center  Tourist Destination Facilities 1) Convention Center Debt Service TH 4 PENNY 2) Future Improvements to Convention Center Tourism Promotion 5TH PENNY  Special Events & Sponsorships  Film Commission Packet Pg. 31  3.a Tourist Development Council Meeting: 04/24/14 02:00 PM 1540 Miracle Strip Parkway Department: Tourist Development Council Fort Walton Beach, FL 32548 Category: Report Prepared By: Aida Wilkinson SCHEDULED Initiator: Aida Wilkinson Sponsors: TDC ITEM (ID # 2749) DOC ID: 2749 February Month End Tax Revenue Reports from Okaloosa Tax Collector Updated: 4/18/2014 3:30 PM by Aida Wilkinson Page 1 Packet Pg. 32 Packet Pg. 33 3.a.a Attachment: III.a. TDT Reports OCTC (Feb 14) (2749 : February Month End Tax Revenue Reports from Okaloosa Tax Collector)  3.a.a Attachment: III.a. TDT Reports OCTC (Feb 14) (2749 : February Month End Tax Revenue Reports from Total Historical TDT Collections and Percentage Breakdown FY 2009 - Current % (+/-) % (+/-) % (+/-) Cum (+/-) Month FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 2011-2012 2012-2013 2013-2014 2013-2014 October $478,148.95 $522,443.42 $521,660.33 $598,158.00 14.49% $609,091.44 1.83% $680,330.93 11.70% 11.70% November $206,354.05 $210,704.19 $213,947.00 $239,511.00 11.95% $259,606.95 8.39% $273,038.26 5.17% 9.75% December $203,215.30 $235,157.23 $217,922.30 $289,595.00 32.89% $288,498.30 -0.38% $291,672.28 1.10% 7.59% January $277,999.51 $285,996.44 $256,775.00 $297,124.03 15.71% $298,995.38 0.63% $332,035.87 11.05% 8.30% February $386,604.93 $376,473.90 $365,490.00 $437,614.00 19.73% $395,790.00 -9.56% $430,183.30 8.69% 8.38% March $755,427.84 $727,272.00 $768,790.00 $1,028,053.00 33.72% $1,118,616.08 8.81% April $792,139.00 $779,028.05 $847,476.00 $987,462.61 16.52% $905,964.12 -8.25% May $986,600.37 $955,032.36 $1,079,025.00 $1,296,974.20 20.20% $1,264,606.99 -2.50% June $2,091,522.22 $1,730,975.65 $2,290,684.30 $2,755,441.00 20.29% $2,797,225.80 1.52% July $2,245,536.10 $1,483,002.44 $2,749,706.99 $2,755,052.00 0.19% $2,897,646.65 5.18% August $1,169,781.00 $756,365.51 $1,225,204.88 $1,421,408.96 16.01% $1,588,763.04 11.77% September $800,409.00 $700,746.00 $1,028,530.00 $1,067,149.50 3.75% $1,098,414.84 2.93% Total $10,393,738.27 $8,763,197.19 $11,565,211.80 $13,173,543.30 13.91% $13,523,219.59 2.65% $2,007,260.64 Amounts for September 2013