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Fort Walton Beach Council agenda — 03-19-12--special--audit — reading text
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1, 229,730 25. 40
31, 235, 238 325. 000 904, 730
2008 30, 410,368
2007 32, 060, 108 30, 760. 329 315, 000 918, 699 1, 233, 699 24. 93
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931, 488 1, 231, 488 2524
29460549 3L084,778 300, 000
2006 oioi
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285, 000 552, 986 837, 986 35. 61 NN
2005 32, 709, 007 29. 94L670
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275, 000 492, 124 767, 124 33. 91
2004 26, 974,332 26, 011, 445
2003 25, 048, 557 25306. 627 265. 000 502, 591 767, 591 32. 71 tY0at0Ya
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isis Combined Combined DebtDebt ServiceService requirementsrequirements forfor CapitalCapital ImprovementImprovement RevenueRevenue BondsBonds
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Sources:Sources: UnlessUnless otherwiseotherwise noted,noted, thethe information information inin thesethese schedules schedules isis derivedderived fromfrom thethe comprehensive comprehensive
annualannual financialfinancial reportsreports forfor thethe relevantrelevant year.year. TheThe CityCity implementedimplemented GASBGASB StatementStatement 3434 inin 2002:2002: schedulesschedules
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City of Fort Walton Beach, Florida
SCHEDULE13
DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT
Unaudited
Percentage Amount
Applicable to Applicable to
Net Debt
Fort Walton Beach Fort Walton Beach
Governmental Unit Outstanding
Overlapping Debt
Okaloosa County @1 3, 250, 225
29, 905, 000 10. 87%
Revenue Bonds
Okaloosa County School District 17, 951478
58. 990, 000 30, 43% ( n
Certificates of participation
21, 203, 703
89, 895, 000
Subtotal: Overlapping Debt
Direct Debt
661, 796 100. 00% 661, 796
City of Fort Walton Beach Revenue Notes 100. 00% 4, 470. 000
4. 470, 000
City of Fort Walton Beach Revenue Bonds
5, 131, 796
Subtotal'. Direct Debt 5, 131, 796
26, 335, 499
94. 026, 796
Total Direct and Overlapping Debt
Source:Source: Okaloosa Okaloosa County,County, Okaloosa Okaloosa CountyCounty SchoolSchool BoardBoard
u)u) CalculationCalculation basedbased onon totaltotal schoolsschools inin OkaloosaOkaloosa CountyCounty SchoolSchool DistrictDistrict versusversus schoolsschools inin FortFort WaltonWalton Beach.Beach.
121)2) CalculationCalculation basedbased onon totaltotal populationpopulation inin Okaloosa Okaloosa CountyCounty versusversus populationpopulation inin FortFort WaltonWalton Beach.Beach.
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