Okaloosa County BOCC — May 19, 2015 — 2nd Quarter 15-Final — reading text

Federal Grants $17,978,458 State Grants $8,111,969 Other $6,070,879 $58,137,977 011 Supervisor of Elections $1,653,297 $1,840,574 $3,493,871 Grand Total $311,664,067 $59,978,551 $371,642,618 Major Revenues Trends, History & Projections Six Months - FY2015  "Major" Revenue Sources History Actual Actual Actual Actual Actual Actual Fund 101 Fund 302 Fund 101 Fund 101, 302 Fund 101 Fund 101, 302 Constitutional Constitutional County Local Option Ninth-Cent 2nd Local Option Year Gas Tax (20%) Gas Tax (80%) Gas Tax Gas Tax Fuel Tax Gas Tax 1993 373,637.12 1,495,095.10 654,691.68 2,644,982.97 0.00 1994 384,534.78 1,539,585.81 620,852.96 2,779,889.26 32,838.50 1995 397,794.81 3.4% 1,595,583.30 3.6% 802,058.33 29.2% 2,901,574.89 4.4% 54,659.45 66.4% 1996 410,785.19 3.3% 1,647,711.40 3.3% 779,179.68 -2.9% 3,035,622.63 4.6% 71,921.17 31.6% 1997 413,481.34 0.7% 1,659,021.20 0.7% 785,116.21 0.8% 3,036,101.52 0.0% 68,300.60 -5.0% 1998 434,805.57 5.2% 1,743,767.96 5.1% 819,966.58 4.4% 3,115,519.96 2.6% 68,490.29 0.3% 1999 446,998.68 2.8% 1,786,481.52 2.4% 955,787.91 16.6% 3,097,977.33 -0.6% 75,367.17 10.0% 2000 454,961.03 1.8% 1,823,669.03 2.1% 1,010,486.36 5.7% 3,274,980.92 5.7% 74,932.71 -0.6% 2001 470,790.02 3.5% 1,885,452.06 3.4% 1,023,379.31 1.3% 3,185,768.51 -2.7% 74,614.55 -0.4% 2002 473,628.91 0.6% 1,896,072.12 0.6% 1,042,105.02 1.8% 3,278,257.83 2.9% 76,042.47 1.9% 2003 476,844.63 0.7% 1,908,413.74 0.7% 1,048,135.67 0.6% 3,402,981.95 3.8% 80,554.94 5.9% 2004 507,259.59 6.4% 2,030,100.37 6.4% 1,116,544.54 6.5% 3,682,774.40 8.2% 808,535.92 903.7% 2005 534,891.16 5.4% 2,141,528.94 5.5% 1,166,935.44 4.5% 3,807,943.98 3.4% 1,139,965.27 41.0% 2006 519,286.51 -2.9% 2,081,323.96 -2.8% 1,158,137.49 -0.8% 3,858,001.28 1.3% 1,160,768.26 1.8% 2007 518,594.11 -0.1% 2,080,167.13 -0.1% 1,132,027.54 -2.3% 3,749,553.34 -2.8% 1,128,995.36 -2.7% 2008 489,461.16 -5.6% 1,960,461.16 -5.8% 1,067,454.74 -5.7% 3,337,537.89 -11.0% 1,003,997.97 -11.1% 2009 476,231.90 -2.7% 1,905,015.13 -2.8% 1,031,532.36 -3.4% 3,188,175.85 -4.5% 957,812.87 -4.6% 2010 461,730.16 -3.0% 1,846,980.36 -3.0% 1,007,712.52 -2.3% 3,360,644.20 5.4% 1,007,577.78 5.2% 2011 458,230.30 -0.8% 1,832,963.14 -0.8% 1,000,311.06 -0.7% 3,262,337.26 -2.9% 977,680.17 -3.0% 2012 462,665.42 1.0% 1,850,710.66 1.0% 1,001,920.08 0.2% 3,735,262.08 14.5% 1,119,335.48 14.5% 2013 473,745.06 2.4% 1,895,026.12 2.4% 1,045,748.13 4.4% 3,559,220.16 -4.7% 1,066,901.93 -4.7% 0.00 State estimate $459,352 $1,837,408 $1,004,515 $3,555,042 $1,054,421 $1,750,482 2014 488,657.96 3.1% 1,954,661.39 3.1% 1,053,639.29 0.8% 3,694,824.06 3.8% 1,038,702.64 -2.6% 1,167,116.44 State estimate $481,359 $1,925,436 $1,060,870 $3,945,149 $1,097,747 $1,368,645 2015 Current 235,745.26 942,990.34 515,140.93 1,585,497.29 445,587.05 717,736.00 Projected 484,749.90 -0.8% 1,939,009.33 -0.8% 1,050,657.52 -0.3% 3,427,118.42 -7.2% 962,389.98 -7.3% 1,435,472.00 23.0% Budgeted 495,000.00 1,975,000.00 1,085,000.00 3,780,000.00 1,050,000.00 1,700,000.00 40 State estimate $494,910 $1,979,638 $1,090,683 $3,761,263 $1,046,285 $1,734,485 Actual Actual Actual Actual Actual Fund 201 Fund 101,102 Fund 104, 460 Fund 102 Fund 102 Revenue Sales TDT Cable/Comm Court Year Sharing Tax Revenue Revenue Revenue 1993 2,930,200.00 5,478,790.73 1,562,731.23 1994 3,351,028.00 6,119,092.93 1,682,399.89 243,210.77 0.00 1995 3,384,148.00 1.0% 6,713,410.32 9.7% 1,852,072.67 10.1% 284,825.21 17.1% 0.00 1996 3,411,980.00 0.8% 7,422,629.70 10.6% 1,637,924.54 -11.6% 309,977.26 8.8% 0.00 1997 3,709,190.00 8.7% 7,576,091.13 2.1% 2,068,194.21 26.3% 346,128.27 11.7% 1,627,140.76 1998 4,650,017.00 25.4% 8,081,658.85 6.7% 2,330,526.93 12.7% 364,238.33 5.2% 1,751,896.15 7.7% 1999 4,816,586.79 3.6% 8,716,303.19 7.9% 3,786,231.90 62.5% 395,039.39 8.5% 1,766,786.99 0.8% 2000 4,303,683.45 -10.6% 9,471,910.97 8.7% 6,129,998.64 61.9% 445,545.37 12.8% 2,030,790.82 14.9% 2001 3,684,391.68 -14.4% 9,674,071.75 2.1% 6,431,829.08 4.9% 533,854.55 19.8% 1,995,772.07 -1.7% 2002 3,503,849.64 -4.9% 10,516,528.53 8.7% 6,681,927.80 3.9% 1,032,970.55 93.5% 2,228,710.46 11.7% 2003 3,607,274.10 3.0% 11,128,625.56 5.8% 7,459,879.04 11.6% 1,288,068.45 24.7% 2,300,037.49 3.2% 2004 4,017,402.12 11.4% 12,690,763.08 14.0% 7,600,138.04 1.9% 1,258,470.90 -2.3% 2,118,082.70 -7.9% 2005 4,303,460.75 7.1% 13,678,782.05 7.8% 7,361,412.32 -3.1% 1,842,188.18 46.4% 1,934,495.34 -8.7% 2006 4,633,259.70 7.7% 13,996,978.77 2.3% 8,046,345.76 9.3% 2,103,453.38 14.2% 2,285,936.67 18.2% 2007 4,468,768.75 -3.6% 13,273,272.03 -5.2% 8,587,240.16 6.7% 2,414,866.45 14.8% 2,229,462.89 -2.5% 2008 4,094,719.53 -8.4% 12,280,854.23 -7.5% 10,602,066.87 23.5% 2,437,076.82 0.9% 1,929,821.14 -13.4% 2009 3,664,779.12 -10.5% 11,219,873.23 -8.6% 10,240,510.20 -3.4% 6,313,489.16 159.1% 1,654,425.85 -14.3% 2010 3,663,125.07 0.0% 10,988,985.40 -2.1% 8,766,718.00 -14.4% 3,096,105.09 -51.0% 2,066,872.27 24.9% 2011 3,741,333.91 2.1% 11,949,440.52 8.7% 11,522,680.65 31.4% 2,894,337.53 -6.5% 1,895,138.66 -8.3% 2012 3,711,755.69 -0.8% 12,084,728.56 1.1% 13,128,500.95 13.9% 2,208,918.69 -23.7% 1,840,213.21 -2.9% 2013 3,980,342.72 7.2% 12,637,573.10 4.6% 13,509,659.85 2.9% 1,967,139.52 -10.9% 1,831,921.63 -0.5% State estimate $3,667,112 $12,574,707 12,654,939.60 $1,911,580 2014 4,269,833.80 7.3% 13,131,351.14 3.9% 14,747,759.68 9.2% 1,848,458.28 -6.0% 1,685,282.48 -8.0% State estimate $3,898,902 $12,767,703 13,397,775.15 $1,899,819 2015 Current 2,404,091.95 5,909,096.09 2,424,210.78 883,992.38 899,342.41 Projected 4,498,072.89 5.3% 13,820,769.45 5.3% 17,821,131.95 20.8% 1,749,652.29 -5.3% 1,908,449.84 13.2% Budgeted 4,150,000.00 13,400,000.00 13,400,000.00 1,875,000.00 1,580,000.00 State estimate $4,163,430 $13,405,561 13,397,775.15 $1,875,802 Annualized Fund Comparison  Annualized Fund Comparison FY2014 to FY2015 Revenue Expense FY 2014 FY 2014 (+/-) FY 2015(Annualized) FY 2015 (+/-) Variance Variance Fund Description Revenues Expenses Rev-Exp Revenues Expenses Rev-Exp 2015-2014 2015-2014 001