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Okaloosa County BOCC — October 5, 2013 — CAPITAL CONSTRUCTION PROJECTS - Financial Analysis- 10.01.2013 - ppt — reading text
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$266,656 $0 $274,656 $0 12,937
9/30/2015 CONTRACTS & GRANTS $33,460 $4,754 $34,464 $5,069 $35,498 $5,182 2,253
RENTS/UTILITIES IF NO CHANGE OCCURS $896,653 $61,064 $919,773 $65,192 $943,586 $66,780
TOTAL RENTS/UTILITIES W/O MOVES $896,653 $58,814 $909,033 $55,865 $758,547 $32,267
RENTS/UTILITIES WITH MOVES $886,227 $56,564 $736,454 $31,565 $0 $0 TOTAL
ANNUAL SAVINGS $10,427 $2,250 $172,580 $24,300 $758,547 $32,267 SAVINGS
NET RENT SAVINGS $9,302 $1,125 $160,430 $12,150 $742,414 $16,133 $912,145
net of utilities
* Fiscal Years 2011 - 2014 assumes a 3% annual increase due to projected CPI
** Most leases include utilities
*** FM expenses not included (estimated at $95,000/year)
**** Moving Dates updated to reflect project start date changing from 09.01.2013 to 03.01.2014
LOOKING FORWARD - FY ’15 - 1ST QUARTER
(5) RENT REDUCTION SCHEDULE (First half of 2015 rent reductions)
MOVING DEPARTMENT 2014 UTILITIES 2015 UTILITIES 2016 UTILITIES Current
DATE BUDGET BUDGET BUDGET Sq. Ft.
12/31/2013 STATE ATTORNEY'S STORAGE $10,427 $2,250 $10,740 $2,475 $11,062 $2,670 1,500
12/31/2014 INFORMATION SYSTEMS $45,223 $6,425 $46,580 $6,851 $47,977 $7,004 3,045
12/31/2014 SHERIFF'S INVESTIGATIONS $126,000 $22,788 $126,000 $24,300 $126,000 $24,840 10,800
9/30/2015 SUPERVISOR OF ELECTIONS $68,733 $9,765 $70,795 $10,413 $72,919 $10,644 4,628
9/30/2015 INSPECTION DEPARTMENT $33,460 $4,754 $34,464 $5,069 $35,498 $5,182 2,253
9/30/2015 PLANNING DEPARTMENT $0 $0 $0 $0 $0 $0 inc. above
9/30/2015 BCC OFFICES $52,634 $7,478 $54,213 $7,974 $55,839 $8,151 3,544
9/30/2015 COUNTY ADMINISTRATOR $20,064 $2,851 $20,666 $3,040 $21,286 $3,107 1,351
9/30/2015 PROPERTY APPRIASER $247,763 $0 $255,196 $0 $262,852 $0 12,381
9/30/2015 TAX COLLECTOR $258,890 $0 $266,656 $0 $274,656 $0 12,937
9/30/2015 CONTRACTS & GRANTS $33,460 $4,754 $34,464 $5,069 $35,498 $5,182 2,253
RENTS/UTILITIES IF NO CHANGE OCCURS $896,653 $61,064 $919,773 $65,192 $943,586 $66,780
TOTAL RENTS/UTILITIES W/O MOVES $896,653 $58,814 $909,033 $55,865 $758,547 $32,267
RENTS/UTILITIES WITH MOVES $886,227 $56,564 $736,454 $31,565 $0 $0 TOTAL
ANNUAL SAVINGS $10,427 $2,250 $172,580 $24,300 $758,547 $32,267 SAVINGS
NET RENT SAVINGS $9,302 $1,125 $160,430 $12,150 $742,414 $16,133 $912,145
net of utilities
* Fiscal Years 2011 - 2014 assumes a 3% annual increase due to projected CPI
** Most leases include utilities
*** FM expenses not included (estimated at $95,000/year)
**** Moving Dates updated to reflect project start date changing from 09.01.2013 to 03.01.2014
LOOKING FORWARD – FY ’15 – YEAR END
(6) RENT REDUCTION SCHEDULE (Second half of 2015 rent reductions)
MOVING DEPARTMENT 2014 UTILITIES 2015 UTILITIES 2016 UTILITIES Current
DATE BUDGET BUDGET BUDGET Sq. Ft.
12/31/2013 STATE ATTORNEY'S STORAGE $10,427 $2,250 $10,740 $2,475 $11,062 $2,670 1,500
12/31/2014 INFORMATION SYSTEMS $45,223 $6,425 $46,580 $6,851 $47,977 $7,004 3,045
12/31/2014 SHERIFF'S INVESTIGATIONS $126,000 $22,788 $126,000 $24,300 $126,000 $24,840 10,800
9/30/2015 SUPERVISOR OF ELECTIONS $68,733 $9,765 $70,795 $10,413 $72,919 $10,644 4,628
9/30/2015 INSPECTION DEPARTMENT $33,460 $4,754 $34,464 $5,069 $35,498 $5,182 2,253
9/30/2015 PLANNING DEPARTMENT $0 $0 $0 $0 $0 $0 inc. above
9/30/2015 BCC OFFICES $52,634 $7,478 $54,213 $7,974 $55,839 $8,151 3,544
9/30/2015 COUNTY ADMINISTRATOR $20,064 $2,851 $20,666 $3,040 $21,286 $3,107 1,351
9/30/2015 PROPERTY APPRIASER $247,763 $0 $255,196 $0 $262,852 $0 12,381
9/30/2015 TAX COLLECTOR $258,890 $0 $266,656 $0 $274,656 $0 12,937
9/30/2015 CONTRACTS & GRANTS $33,460 $4,754 $34,464 $5,069 $35,498 $5,182 2,253
RENTS/UTILITIES IF NO CHANGE OCCURS $896,653 $61,064 $919,773 $65,192 $943,586 $66,780
TOTAL RENTS/UTILITIES W/O MOVES $896,653 $58,814 $909,033 $55,865 $758,547 $32,267
RENTS/UTILITIES WITH MOVES $886,227 $56,564 $736,454 $31,565 $0 $0 TOTAL
ANNUAL SAVINGS $10,427 $2,250 $172,580 $24,300 $758,547 $32,267 SAVINGS
NET RENT SAVINGS $9,302 $1,125 $160,430 $12,150 $742,414 $16,133 $912,145
net of utilities
* Fiscal Years 2014 - 2016 assumes a 3% annual increase due to projected CPI
** Most leases include utilities
*** FM expenses not included (estimated at $95,000/year)
**** Moving Dates updated to reflect project start date changing from 09.01.2013 to 03.01.2014
LOOKING FORWARD – FY ‘16
(7) RENT REDUCTION SCHEDULE (FY '16)
MOVING DEPARTMENT 2014 UTILITIES 2015 UTILITIES 2016 UTILITIES Current
DATE BUDGET BUDGET BUDGET Sq. Ft.
12/31/2013 STATE ATTORNEY'S STORAGE $10,427 $2,250 $10,740 $2,475 $11,062 $2,670 1,500
12/31/2014 INFORMATION SYSTEMS $45,223 $6,425 $46,580 $6,851 $47,977 $7,004 3,045
12/31/2014 SHERIFF'S INVESTIGATIONS $126,000 $22,788 $126,000 $24,300 $126,000 $24,840 10,800
9/30/2015 SUPERVISOR OF ELECTIONS $68,733 $9,765 $70,795 $10,413 $72,919 $10,644 4,628
9/30/2015 INSPECTION DEPARTMENT $33,460 $4,754 $34,464 $5,069 $35,498 $5,182 2,253
9/30/2015 PLANNING DEPARTMENT $0 $0 $0 $0 $0 $0 inc. above
9/30/2015 BCC OFFICES $52,634 $7,478 $54,213 $7,974 $55,839 $8,151 3,544
9/30/2015 COUNTY ADMINISTRATOR $20,064 $2,851 $20,666 $3,040 $21,286 $3,107 1,351
9/30/2015 PROPERTY APPRIASER $247,763 $0 $255,196 $0 $262,852 $0 12,381
9/30/2015 TAX COLLECTOR $258,890