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Okaloosa County BOCC — November 20, 2014 — III.a. TDT Reports OCTC (Sept 14) — reading text
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Okaloosa County Tax Collector
Tourist Development Tax
September Tax Revenue Report
Fiscal Year 2013-2014
Benjamin F. Anderson Prepared by:
Okaloosa County Tax Collector Joshua Allen
Director of Field Services
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% $1,009,474.61 -9.76% 1.55%
April $792,139.00 $779,028.05 $847,476.00 $987,462.61 16.52% $905,964.12 -8.25% $1,038,269.24 14.60% 4.60%
May $986,600.37 $955,032.36 $1,079,025.00 $1,296,974.20 20.20% $1,264,606.99 -2.50% $1,441,156.49 13.96% 6.90%
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% $2,909,098.89 4.00% 5.88%
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% $3,330,612.35 14.94% 8.30%
August $1,169,781.00 $756,365.51 $1,225,204.88 $1,421,408.96 16.01% $1,588,763.04 11.77% $1,907,946.18 20.09% 9.81%
September $800,409.00 $700,746.00 $1,028,530.00 $1,067,149.50 3.75% $1,098,414.84 2.93% $1,143,072.91 4.07% 9.34%
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% $14,786,891.31 9.34% 9.34%
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
$300
$600
$900
$0
$1,200
$1,500
$1,800
$2,100
$2,400
$2,700
$3,000
$3,300
$3,600
598.2
609.1
Oct
FY
2012
680.3
239.5
259.6
Nov
273.0
289.6
288.5
Dec
291.7
297.1
299.0
Jan
FY
2003
332.0
437.6
395.8
Feb
430.2
FY 12
1,028.1
1,118.6
Mar
FY 13
Month
Page 2
Page 2
1,009.5
987.5
FY 14
906.0
Apr
FY 2012 - 2014
1,038.3
1,297.0
1,264.6
May
Total Monthly TDT Collections
1,441.2
2,755.4
2,797.2
Jun
2,909.1
2,755.1
2,897.6
Jul
3,330.6
1,421.4
1,588.8
Aug
1,907.9
1,067.1
1,098.4
Sep
1,143.1
TDT Rental Receipts and Amount Remitted
by Rental Type / Tax Area
September 2014
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 $14,717,317.73 $518,127.10 $14,199,190.63 $709,959.53 ($1,405.83) $8,456.93 $1,709.12 ($6,527.97) $712,191.78 $690,826.03 $21,365.75
Hotel / Motel $5,237,731.67 $504,344.58 $4,733,387.09 $236,669.35 $611.57 $23.52 ($895.33) $236,409.11 $229,316.84 $7,092.27
Single Family Dwelling $2,780,576.82 $15,316.38 $2,765,260.44 $138,263.02 $220.00 $5.80 ($1,003.38) $137,485.44 $133,360.88 $4,124.56
Other $1,156,670.25 $10,812.14 $1,145,858.11 $57,292.90 $0.00 $0.00 ($306.32) $56,986.58 $55,276.98 $1,709.60
Total $23,892,296.47 $1,048,600.20 $22,843,696.27 $1,142,184.80