Okaloosa County BOCC — February 25, 2016 — Agenda Packet — reading text

Receipts and Amount Remitted by Rental Type / Tax Area Attachment: III. n. TDT Reports OCTC (Dec 15) (5309 : Okaloosa Tax Collector Report (Dec-15)) December 2015 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 $3,923,356.54 $262,305.96 $3,661,050.58 $183,052.53 ($32.54) $3,384.77 $99.43 ($2,715.54) $183,788.65 $178,275.00 $5,513.65 Hotel / Motel $2,593,037.56 $169,643.69 $2,423,393.87 $121,169.69 $129.47 $1.24 ($874.66) $120,425.74 $116,812.96 $3,612.78 Single Family Dwelling $1,373,814.24 $16,124.27 $1,357,689.97 $67,884.50 $1,395.56 $233.17 ($651.36) $68,861.87 $66,796.01 $2,065.86 Other $386,345.36 $44,199.43 $342,145.93 $17,107.30 $100.00 $2.21 ($208.15) $17,001.36 $16,491.32 $510.04 Total $8,276,553.70 $492,273.35 $7,784,280.35 $389,214.02 ($32.54) $5,009.80 $336.05 ($4,449.71) $390,077.62 $378,375.29 $11,702.33 Gross Rental Exempt Rental Taxable Rental 5% of Taxable Collection Total Amount Distibution to Tax Collector Tax Area Adjustments Penalty Interest Receipts Receipts Receipts Rental Receipts Allowance Remitted TDD/BCC Commission Destin $5,345,177.71 $270,977.70 $5,074,200.01 $253,710.00 $2,573.61 $245.74 ($3,029.97) $253,499.38 $245,894.41 $7,604.98 Okaloosa Island $2,471,178.51 $166,811.14 $2,304,367.37 $115,218.37 ($32.54) $2,306.72 $89.07 ($1,156.50) $116,425.12 $112,932.35 $3,492.76 Fort Walton Beach $460,197.48 $54,484.51 $405,712.97 $20,285.65 $129.47 $1.24 ($263.24) $20,153.12 $19,548.53 $604.59 Total $8,276,553.70 $492,273.35 $7,784,280.35 $389,214.02 ($32.54) $5,009.80 $336.05 ($4,449.71) $390,077.62 $378,375.29 $11,702.33 Page 3 Packet Pg. 102  3.n.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Rental Type Attachment: III. n. TDT Reports OCTC (Dec 15) (5309 : Okaloosa Tax Collector Report (Dec-15)) December 2015 Gross Rental Taxable Rental Number of Rental Type % % % RevPAR* Receipts Receipts Units Condo $3,923,356.54 47.40% $3,661,050.58 47.03% 6,223 56.35% $20.34 Hotel / Motel $2,593,037.56 31.33% $2,423,393.87 31.13% 3,238 29.32% $25.83 Single Family Dwelling $1,373,814.24 16.60% $1,357,689.97 17.44% 692 6.27% $64.04 Other $386,345.36 4.67% $342,145.93 4.40% 890 8.06% $14.00 Total $8,276,553.70 100.00% $7,784,280.35 100.00% 11,043 100.00% $24.18 *Formula provided by Okaloosa County Tourist Development Dept. and does not reflect collection data from the Okaloosa County Tax Collector Gross Rental by Taxable Rental by Number of Units by Rental Type Rental Type Rental Type Other Other Other 4.67% 4.40% 8.06% Single Single Single Family Family Family Dwelling Dwelling Dwelling 16.60% 17.44% 6.27% Condo Condo 47.40% 47.03% Condo Hotel / 56.35% Hotel / Hotel / Motel Motel Motel 29.32% 31.33% 31.13% Page 4 Packet Pg. 103  3.n.a Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR by Tax Area Attachment: III. n. TDT Reports OCTC (Dec 15) (5309 : Okaloosa Tax Collector Report (Dec-15)) December 2015 Gross Rental Taxable Rental Tax Area % % Number of Units % RevPAR* Receipts Receipts Destin $5,345,177.71 64.58% $5,074,200.01 65.19% 6,573 59.52% $26.23 Okaloosa Island $2,471,178.51 29.86% $2,304,367.37 29.60% 3,631 32.88% $21.95 Fort Walton Beach $460,197.48 5.56% $405,712.97 5.21% 839 7.60% $17.69 Total $8,276,553.70 100.00% $7,784,280.35 100.00% 11,043 100.00% $24.18 *Formula provided by Okaloosa County Tourist Development Dept. and does not reflect collection data from the Okaloosa County Tax Collector Gross Rental by Taxable Rental by Number of Units by Tax Area Tax Area Tax Area Fort Fort Walton Walton Fort Walton Beach Beach Beach 5.56% 5.21% 7.60% Okaloosa Okaloosa Okaloosa Island Island Island 29.86% Destin 29.60% Destin Destin 32.88% 59.52% 64.58% 65.19% Page 5 Packet Pg. 104  3.n.a Year to Date Percentage of Gross Rental Receipts by Rental Type / Tax Area