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Okaloosa County BOCC — August 28, 2013 — Budget Final Hearing GS — reading text
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40.2
Transportation 41.7
39.0
Economic Environment 12.6
5.2
Human Services 4.0
4.2
Culture/Recreation 27.4
25.2
Court-Related 2.4
2.3
Internal Services 19.7
19.6
Redemption of Debt 3.0
2.3
Interfund Transfer 5.6
5.0
Elected Officials 36.4
33.8
Reserves 31.7
36.1
$0 $10 $20 $30 $40 $50 $60
Millions
FY14 FY13
Description FY13 FY14 % (+/-)
General Government $17,869,581 $17,797,819 -0.4%
Public Safety $26,413,598 $28,998,555 9.8%
Physical Environment $40,196,807 $48,627,366 21.0%
Transportation $39,015,330 $41,705,684 6.9%
Economic Environment $5,205,156 $12,576,481 141.6%
Human Services $4,190,074 $3,981,331 -5.0%
Culture/Recreation $25,236,408 $27,385,385 8.5%
Court-Related Expenditures $2,336,232 $2,447,783 4.8%
Internal Services $19,616,340 $19,693,416 0.4%
Redemption of Debt $2,301,108 $2,977,208 29.4%
Interfund Transfer $4,958,815 $5,597,901 12.9%
Transfers to Elected Officials $33,846,814 $36,408,540 7.6%
Reserves $36,055,700 $31,700,195 -12.1%
Total $257,241,963 $279,897,664 8.8%
Property Value - Last Ten Years
Year Final Valuation Millage Taxes @ 95% Total Budget
2005 $10,767,916,378 4.2500 $43,475,462 $213,637,230
2006 $13,576,903,661 4.2500 $54,816,749 $238,388,812
2007 $17,899,368,086 3.6500 $62,066,059 $292,259,226
2008 $18,806,640,352 3.3443 $59,750,295 $313,172,524
2009 $17,410,630,993 3.2995 $54,574,058 $304,080,099
2010 $16,213,042,985 3.2899 $50,672,326 $263,569,236
2011 $14,521,804,221 3.2899 $45,386,520 $280,421,796
2012 $13,802,468,365 3.2899 $43,138,304 $261,624,931
2013 $13,554,486,285 3.2899 $42,363,259 $257,241,963
2014 $13,823,628,804 (1) 3.4308 $45,529,061(2) $279,897,664
(1) Certified as of July 1, 2013.
(2) Taxes at 96%
FAC FY 13/14 Aggregate Millage Rate
8.9551
10.0000
9.0000
7.5957
7.4542
7.2551
8.0000
6.2793
7.0000
6.0000
4.1494
4.1076
5.0000
3.5165
4.0000
3.0000
2.0000
1.0000
0.0000
Average Debt Activity-Comparative Counties
$250,000,000
$200,000,000
$125,216,216
$150,000,000
$100,000,000
$40,478,130
$23,094,028
$21,825,751
$50,000,000
$12,756,242
$1,594,241
$5,809,373
$3,776,934
$0
Bay Clay Escambia Hernando Okaloosa Santa Rosa St Johns Walton
Long-Term Debt Debt Serv Expenditures