Okaloosa County BOCC — May 20, 2014 — reading text

56,789,387 129,000,537 185,789,924 Continued… 17 Packet Pg. 63  Exhibit I Okaloosa County, Florida STATEMENT OF NET POSITION September 30, 2013 Primary Government Governmental Business-type Total Activities Activities NET POSITION Investment in Capital Assets, Net of Related Debt 134,734,863 214,514,009 349,248,872 Restricted for Debt Service 463,354 9,496,296 9,959,650 Grants 630,254 - 630,254 Capital Projects 589,960 - 589,960 Public Safety 2,207,053 - 2,207,053 Transportation 11,039,403 9,213,893 20,253,296 Economic Environment 10,181,564 7,673,873 17,855,437 Culture and Recreation 4,770,768 - 4,770,768 Court-Related 3,452,041 - 3,452,041 Unrestricted (Deficit) (264,716) 25,915,695 25,650,979 Total Net Position 167,804,544 266,813,766 434,618,310 Total Liabilities and Net Position $ 224,593,931 $ 395,814,303 $ 620,408,234 The notes to the financial statements are an integral part of this statement. 18 Packet Pg. 64  Exhibit II-A Okaloosa County, Florida STATEMENT OF ACTIVITIES For the Fiscal Year Ended September 30, 2013 Program Revenues Net Operating Capital (Expense) Charges for Grants and Grants and Revenue Expenses Services Contributions Contributions (To Ex II-B) Primary Government Governmental Activities General Government $ 28,714,989 $ 11,377,533 $ 607,295 $ - $ (16,730,161) Public Safety 45,295,768 4,208,921 1,295,877 5,386 (39,785,584) Physical Environment 1,502,535 12,038 - 80,703 (1,409,794) Transportation 14,632,387 3,305,390 3,127,221 801,460 (7,398,316) Economic Environment 4,982,830 314,697 310,166 - (4,357,967) Human Services 4,500,022 562,185 41,802 - (3,896,035) Culture and Recreation 11,996,659 557,754 184,308 361,478 (10,893,119) Court-Related 7,589,522 5,129,921 277,869 - (2,181,732) Interest and Fiscal Charges 1,744,767 - - - (1,744,767) Total Governmental Activities 120,959,479 25,468,439 5,844,538 1,249,027 (88,397,475) Business-type Activities Water & Sewer 27,657,376 26,777,786 95,279 1,220,124 435,813 Airport 12,449,533 12,083,562 228,100 3,498,413 3,360,542 Solid Waste 7,684,184 8,164,966 174,506 - 655,288 Conference Center 3,153,064 804,314 - - (2,348,750) Other Programs 8,823,294 8,123,476 30,940 1,175 (667,703) Total Business- type Activities 59,767,451 55,954,104 528,825 4,719,712 1,435,190 Total Primary Government $ 180,726,930 $ 81,422,543 $ 6,373,363 $ 5,968,739 $ (86,962,285) 19 Packet Pg. 65  Exhibit II-B Okaloosa County, Florida STATEMENT OF ACTIVITIES (CONTINUED) For the Fiscal Year Ended September 30, 2013 Primary Government Governmental Business-type Activities Activities Total Changes in Net Position Net (Expenses) Revenue (From Exhibit II-A) $ (88,397,475) $ 1,435,190 $ (86,962,285) Unrestricted General Revenues Taxes Ad Valorem Tax 43,046,678 1,301,342 44,348,020 Tourist Development Tax 8,112,010 5,408,007 13,520,017 Local Option Fuel Tax 3,559,220 - 3,559,220 Communication Services Tax 1,956,905 - 1,956,905 Ninth-Cent Voted Fuel Tax 1,066,902 - 1,066,902 Local Business Tax 268,190 - 268,190 State Revenue Sharing Miscellaneous Revenue 5,163,568 - 5,163,568 Local Government Sales Tax 12,637,597 - 12,637,597 Contributions Not Restricted to Specific Programs Contributions from Other Governments 3,398 - 3,398 Other Donations 121,131 - 121,131 Investment Earnings (Loss) (92,680) (139,198) (231,878) Miscellaneous 4,482,298 821,794 5,304,092 Transfers - Internal Activities 395,126 (395,126) - Total Unrestricted-General Revenues and Transfers 80,720,343 6,996,819 87,717,162 Change in Net Position (7,677,132) 8,432,009 754,877 Net Position - Beginning 175,481,676 258,381,757 433,863,433 Net Position - Ending $ 167,804,544 $ 266,813,766 $ 434,618,310 The notes to the financial statements are an integral part of this statement. 20 Packet Pg. 66  Okaloosa County, Florida BALANCE SHEET GOVERNMENTAL FUNDS September 30, 2013 County Transportation Trust Special Revenue General Fund Fund ASSETS Cash and Cash Equivalents $ 2,725,331 $ 3,383 Investments 3,956,755 752 Receivables 213,936 275 Due from Other Funds 733,640 50,000 Due from Other Elected Officials 2,057,991 - Due from Other Governments 2,785,454 430,707 Prepaids 346,136 21,380 Total Assets $ 12,819,243 $ 506,497 LIABILITIES AND FUND BALANCES Liabilities Accounts Payable $ 523,170 $ 29,789 Contracts Payable 679,046 10,770 Other Accrued Liabilities 1,866,736 212,945 Due to Other Funds 82,725 - Due to Other Elected Officials 2,109,642 - Due to Other Governments 139,121 - Due to Depositors 40,415 60,095 Deferred Revenue 410,401 - Total Liabilities 5,851,256 313,599 Fund Balances Nonspendable 346,136 21,380 Restricted - - Committed 26,808 - Assigned - 171,518 Unassigned 6,595,043 - Total Fund Balances 6,967,987 192,898 Total Liabilities and Fund Balances $ 12,819,243 $ 506,497 Packet Pg. 67  Exhibit III-A Capital Outlay Other Total Tourist Development Construction Trust Governmental Governmental Special Revenue Fund Capital Projects Fund Funds Funds $ 6,169,095 $ 2,981,572 $ 11,922,785 $ 23,802,166 8,656,586 313,867