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Okaloosa County BOCC — July 14, 2014 — reading text
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Machine-extracted text — 01-Agenda Packet.pdf
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$4,140,000 $58,905,501 $19,745,802 $184,610,569
Transfers In $4,129,359 $2,812,496 $1,230,578 $33,000 $8,205,433
Debt Proceeds $20,000,000 $20,000,000
Transfers from Elected Officials $600,000 $1,000 $601,000
Total Estimated Revenues, Transfers & Balances $79,846,396 $58,459,296 $6,713,226 $37,804,813 $103,466,167 $22,095,802 $308,385,700
Packet Pg. 35
Revenues by Source
Fiscal Year Comparison
95.0
Cash Carryforward
90.9
48.7
Ad Valorem Taxes
46.8
22.2
Sales and Use Taxes
20.8
2.2
Licenses and Permits
2.1
23.1
Intergovernmental Revenue
22.1
60.7
Charges for Services
59.3
0.2
Fines and Forfeitures
0.2
7.8
Miscellaneous Revenue
8.1
28.8
Other Financing Sources
8.2
19.7
Internal Services
21.5
$0 $40 $80 $120
Millions
FY15 FY14
FY14 FY15 % (+/-)
Cash Carryforward $90,894,791 $94,968,698 4.5%
Ad Valorem Taxes $46,838,086 $48,682,144 3.9%
Sales and Use Taxes $20,776,145 $22,230,000 7.0%
Licenses and Permits $2,076,071 $2,156,446 3.9%
Intergovernmental Revenue $22,067,824 $23,134,799 4.8%
Charges for Services $59,278,603 $60,665,015 2.3%
Fines and Forfeitures $210,000 $213,000 1.4%
Miscellaneous Revenue $8,142,834 $7,783,363 -4.4%
Other Financing Sources $8,155,880 $28,806,433 253.2%
Internal Services $21,457,430 $19,745,802 -8.0%
Total $279,897,664 $308,385,700 10.2%
Page 1-31
Packet Pg. 36
Revenue by Source
$308,385,700
Other Financing
Internal Services Sources
6.4% 9.3% Miscellaneous Revenue
2.5%
Cash Carryforward Fines and Forfeitures
30.8% 0.1%
Charges for Services
19.7%
Intergovernmental
Revenue
Ad Valorem Taxes 7.5%
15.8%
Licenses and Permits
Sales and Use Taxes 0.7%
7.2%
Cash Carryforward by Fund Type
$94,968,698
General Fund
6.3%
Special Revenue
Internal Services Funds
Funds 29.6%
2.5%
Debt Service Funds
Enterprise Funds 0.4%
46.9%
Capital Outlay
Funds
14.4%
Page 1-32
Packet Pg. 37
Taxes
$70,912,144
Local Option Fuel 1st Cent TD Tax
Tax
2nd Local Option 3.8% 2nd Cent TD Tax
5.3%
Fuel Tax 3.8%
Local Business Tax 2.4%
0.7% 3rd Cent TD Tax
3.8%
Communication 4th Cent TD Tax
Service Tax 3.8%
2.5%
5th Cent TD Tax
3.8%
9th Cent Vote Fuel
Tax
1.5%
Ad Valorem Taxes
68.7%
Ad Valorem Tax by Fund Type
$48,682,144
Unincorporated Emergency
Parks-MSTU Medical Services
2.4% 3.1%
County Health
Department
1.4%
General Fund
93.1%
Page 1-33
Packet Pg. 38
OKALOOSA COUNTY BUDGET SUMMARY
FISCAL YEAR 2014-2015
EXPENDITURE OVERVIEW BY FUND
SPECIAL DEBT CAPITAL INTERNAL TOTAL
EXPENDITURES/EXPENSES GENERAL REVENUE SERVICE PROJECTS ENTERPRISE SERVICE BUDGET
General Government $15,031,736 $190,750 $21,885,000 $37,107,486
Public Safety $15,824,555 $3,252,800 $593,000 $9,932,582 $29,602,937
Physical Environment $392,759 $1,787,639 $54,216,981 $56,397,379
Transportation $25,000 $9,331,639 $14,319,000 $21,410,412 $45,086,051
Economic Environment $1,510,692 $11,971,925 $13,482,617
Human Services $3,445,255 $667,075 $4,112,330
Culture/Recreation $1,886,216 $25,528,650 $690,663 $28,105,529
Court-Related Expenditures $614,214 $1,743,060 $2,357,274
Internal Services $19,554,323 $19,554,323
Page 1-34
Redemption of Debt $2,969,052 $2,969,052
Total Expenditures/Expenses $38,730,427 $54,282,788 $3,159,802 $37,487,663 $85,559,975 $19,554,323 $238,774,978
Interfund Transfer $1,510,000 $3,153,424 $317,150 $880,000 $5,860,574
Transfers to Elected Officials $37,746,174 $20,000 $37,766,174
Reserves $3,369,795 $2,646,508 $400,000 $0 $17,906,192 $1,661,479 $25,983,974
Total Appropriated Expenditures and Reserves $79,846,396 $58,459,296 $6,713,226 $37,804,813 $103,466,167 $22,095,802 $308,385,700
Packet Pg. 39