Okaloosa County BOCC — May 20, 2014 — reading text

Exhibit IX Activities Governmental Activities -- Convention Center Other Total Internal Enterprise Fund Enterprise Funds Enterprise Funds Service Funds $ - $ 1,431,427 $ 1,431,427 $ - 804,315 6,692,051 51,568,037 21,756,431 288 5,255 319,828 86,666 804,603 8,128,733 53,319,292 21,843,097 912,066 6,100,519 15,400,433 1,576,704 390,345 979,127 12,649,197 363,369 114,589 698,144 2,640,154 4,411,604 - - - 16,731,523 298,143 26,369 2,756,462 5,418 722,287 469,735 7,302,688 332,148 534,477 410,107 11,826,490 48,053 2,971,907 8,684,001 52,575,424 23,468,819 (2,167,304) (555,268) 743,868 (1,625,722) 5,408,007 1,301,342 6,709,349 - - 30,940 528,826 - 45,955 5,396 (139,198) 5,767 - - 342,723 - (8,370) - (5,146,500) - - - (178,862) - - (136,046) (37,157) 44,820 - - (1,497,480) - - - 2,954,642 - (172,788) - (172,788) - 5,272,804 1,201,632 3,363,555 50,587 3,105,500 646,364 4,107,423 (1,575,135) Continued… 32 Packet Pg. 86  Okaloosa County, Florida STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION PROPRIETARY FUNDS For the Fiscal Year Ended September 30, 2013 Business-type Water and Sewer Airport Solid Waste Enterprise Fund Enterprise Fund Enterprise Fund Capital Contributions 1,220,124 3,498,413 - Transfers In - - - Transfers Out - - - Change in Net Position 711,281 3,580,649 782,166 Total Net Position - Beginning 110,875,988 125,897,288 (2,255,306) Total Net Position - Ending $ 111,587,269 $ 129,477,937 $ (1,473,140) Packet Pg. 87  Exhibit IX Activities Governmental Activities -- Convention Center Other Total Internal Enterprise Fund Enterprise Funds Enterprise Funds Service Funds - 1,175 4,719,712 42,825 - 33,000 33,000 - (428,126) - (428,126) - 2,677,374 680,539 8,432,009 (1,532,310) 19,368,998 4,494,789 258,381,757 (3,549,934) $ 22,046,372 $ 5,175,328 $ 266,813,766 $ (5,082,244) The notes to the financial statements are an integral part of this statement. 33 Packet Pg. 88  Okaloosa County, Florida STATEMENT OF CASH FLOWS PROPRIETARY FUNDS For the Fiscal Year Ended September 30, 2013 Business-type Activities Water and Sewer Airport System Enterprise Solid Waste CASH FLOWS FROM OPERATING ACTIVITIES Receipts from Customers $ 27,685,803 $ 12,262,472 $ 8,202,567 Receipts from Interfund Services Provided - - - Payments to Suppliers (9,510,111) (7,272,485) (7,600,243) Payments to Employees (5,636,923) (2,064,741) (667,839) Payments for Other Revenues 330,723 12,000 - Net Cash Provided (Used) by Operating Activities 12,869,492 2,937,246 (65,515) CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Operating Subsidy - Taxes - - - Operating Subsidy - Intergovernmental Revenue 95,279 228,101 183,851 Transfers In - - - Transfers (Out) (50,000) - - Net Interfund Activity - - - Net Cash Provided (Used) by Non-capital Financing Activities 45,279 228,101 183,851 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Purchase of Capital Assets (6,997,361) (4,562,438) - Passenger and Customer Facility Charges - 2,954,642 - Proceeds from Disposal of Capital Assets 55,603 43,455 115,851 Contribution to Other Government (1,497,480) - - Net Borrowing (Repayments) Principal Paid on Capital Debt (4,157,536) (985,229) - Interest Paid on Capital Debt (3,936,702) (1,212,862) - Capital Contributions 1,220,124 3,210,803 - Net cash provided (used) by capital and related Financing Activities (15,313,352) (551,629) 115,851 Packet Pg. 89  Exhibit X - Enterprise Funds Governmental Other Activities Convention Enterprise Internal Center Funds Total Service Funds $ 776,323 $ 7,659,801 $ 56,586,966 $ 18,128,040 - - - 4,279,875 (1,356,850) (2,503,745) (28,243,434) (21,784,812) (916,989) (6,037,984) (15,324,476) (1,325,010) - - 342,723 - (1,497,516) (881,928) 13,361,779 (701,907) 5,233,948 1,301,342 6,535,290 - - 30,940 538,171 - - 33,000 33,000 - (428,126) - (478,126) - - 269,544 269,544 - 4,805,822 1,634,826 6,897,879 - (150,060) (625,482) (12,335,341) (3,441) - - 2,954,642 - - 41,408 256,317 66,582 - - (1,497,480) - (1,530,000) - (6,672,765) - (49,945) - (5,199,509) - - 1,175 4,432,102 42,825 (1,730,005) (582,899) (18,062,034) 105,966 Continued… 34 Packet Pg. 90  Okaloosa County, Florida STATEMENT OF CASH FLOWS PROPRIETARY FUNDS For the Fiscal Year Ended September 30, 2013 Business-type Activities Water and Sewer Airport System Enterprise Solid Waste NET CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from Sale and Maturities of Investments 16,495,654 7,312,714 353,195 Interest Income 348,090 273,814 10,482 Purchases of Investments - - - Net Cash Provided (Used) by Investing Activities 16,843,744 7,586,528 363,677 Net Increase (Decrease) in Cash and Cash Equivalents 14,445,163 10,200,246 597,864 Cash and Cash Equivalents - Beginning of Year