Okaloosa County BOCC — May 20, 2014 — reading text

Revenue Capacity These schedules contain information to help the reader assess the government's most significant local revenue source, the property tax. Debt Capacity These schedules present information to help the reader assess the affordability of the government's current levels of outstanding debt and the government's ability to issue additional debt in the future. The statistical schedule mandated by the GASB's Codification, Section 2800, concerning legal debt margin is omitted because the County has no established debt limitation. Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the government's financial activities take place. Operating Information These schedules contain service and infrastructure data to help the reader understand how the information in the government's financial report relates to the services the government provides and the activities it performs. Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports for the relevant year. Packet Pg. 224 Packet Pg. 225 Packet Pg. 226 UNAUDITED SCHEDULE 1 NET POSITION BY CATEGORY - LAST NINE FISCAL YEARS * - (ACCRUAL BASIS OF ACCOUNTING ) FISCAL YEAR (amounts in thousands) 2005 2006 2007 2008 2009 2010 2011 2012 2013 GOVERNMENTAL ACTIVITIES: INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT $87,817 $104,807 $114,990 $118,399 $136,255 $133,206 $131,864 $135,627 $134,735 RESTRICTED: DEBT SERVICE $1,165 $810 $491 $467 $485 $1,174 $431 $994 $463 OTHER PURPOSES $8,793 $9,707 $11,190 $15,537 $19,153 $31,866 $38,864 $36,326 $32,871 UNRESTRICTED (DEFICIT) $22,725 $31,083 $23,766 $24,418 $18,709 $4,244 $1,865 $2,534 ($265) TOTAL GOVERNMENTAL ACTIVITIES NET POSITION $120,500 $146,407 $150,437 $158,821 $174,602 $170,490 $173,024 $175,481 $167,804 BUSINESS-TYPE ACTIVITIES INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT $142,566 $150,847 $159,248 $177,168 $180,105 $184,811 $203,224 $214,734 $214,514 RESTRICTED: DEBT SERVICE $3,409 $10,075 $8,388 $10,068 $12,650 $13,654 $7,579 $10,262 $9,496 OTHER PURPOSES $8,818 $10,092 $11,167 $10,570 $10,262 $10,249 $11,090 $11,773 $16,888 UNRESTRICTED $27,942 $23,140 $28,517 $21,632 $15,200 $17,827 $25,367 $21,613 $25,916 TOTAL BUSINESS-TYPE ACTIVITIES NET POSITION $182,735 $194,154 $207,320 $219,438 $218,217 $226,541 $247,260 $258,382 $266,814 PRIMARY GOVERNMENT INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT $230,383 $255,654 $274,238 $295,567 $316,360 $318,017 $335,088 $350,361 $349,249 RESTRICTED: DEBT SERVICE $4,574 $10,885 $8,879 $10,535 $13,135 $14,828 $8,010 $11,256 $9,959 OTHER PURPOSES $17,611 $19,799 $22,357 $26,107 $29,415 $42,115 $49,954 $48,099 $49,759 UNRESTRICTED $50,667 $54,223 $52,283 $46,050 $33,909 $22,071 $27,232 $24,147 $25,651 TOTAL PRIMARY GOVERNMENT NET POSITION $303,235 $340,561 $357,757 $378,259 $392,819 $397,031 $420,284 $433,863 $434,618 135 Packet Pg. 227  Net Position by Category Last Nine Fiscal Years $450.0 21.6 25.9 25.4 22.0 26.4 $400.0 15.2 17.8 18.7 21.6 22.9 23.9 28.5 20.6 $350.0 23.1 19.6 20.2 $300.0 27.9 214.7 12.2 203.2 214.5 180.1 184.8 177.2 $250.0 159.2 150.8 $200.0 142.6 4.2 1.9 2.5 18.7 33.0 39.3 37.3 33.3 24.4 19.6 $150.0 23.8 31.1 16.0 11.7 22.7 10.5 $100.0 10.0 136.3 133.2 131.9 135.6 134.7 115.0 118.4 104.8 87.8 $50.0 (0.3) $ 2005 2006 2007 2008 2009 2010 2011 2012 2013 $(50.0) Year Government Capital Government Restricted Government Unrestricted Business Capital Business Restricted Business Unrestricted Packet Pg. 228 UNAUDITED SCHEDULE 2 CHANGES IN NET POSITION - LAST NINE FISCAL YEARS * - (ACCRUAL BASIS OF ACCOUNTING) FISCAL YEAR (amounts in thousands) 2005 2006 2007 2008 2009 2010 2011 2012 2013 EXPENSES GOVERNMENTAL ACTIVITIES: GENERAL GOVERNMENT $25,088 $27,579 $31,202 $34,777 $31,008 $32,146 $31,726 $30,552 $28,715 PUBLIC SAFETY 38,476 41,752 47,315 49,963 53,499 47,995 45,335 46,360 45,296 PHYSICAL ENVIRONMENT 599 928 897 1,138 867 2,594 2,148 933 1,502 TRANSPORTATION 14,955 16,736 16,809 17,229 18,901 18,922 17,728 16,245 14,632 ECONOMIC ENVIRONMENT 14,182 7,966 6,581 6,471 7,456 8,980 9,290 5,563 4,983 HUMAN SERVICES 4,061 4,651 4,851 4,964 5,110 4,672 4,454 4,352 4,500 CULTURE AND RECREATION 3,426 3,695 8,496 5,069 4,500 5,031 4,007 5,902 11,997 COURT-RELATED 7,593 8,256 11,661 9,088 8,082 7,390 7,118 6,634 7,589 INTEREST AND FISCAL CHARGES 185 302 264 181 116 1,138 1,531 1,692 1,745 TOTAL GOVERNMENTAL EXPENSES $108,565 $111,865 $128,076 $128,880 $129,539 $128,868 $123,337 $118,233 $120,959 BUSINESS-TYPE ACTIVITIES: WATER AND SEWER $19,391 $20,892 $25,078 $25,057 $24,067 $25,752 $27,124 $26,149 $27,657 AIRPORT 8,632 6,832 7,649 8,363 9,804 10,575 12,527 12,928 12,450 SOLID WASTE 9,069 8,577 9,517 9,757 8,404 7,757 6,874 7,438 7,684 INSPECTIONS 2,206 2,398 2,207 1,582 1,245 7,561 1,149 1,600 1,588 EMERGENCY MEDICAL SERVICES 5,704 5,872 6,770 7,326 7,504 1,241 7,495 6,933 7,234 CONFERENCE CENTER 3,725