Fort Walton Beach — Comprehensive Annual Financial Report September 30, 2013 — reading text

516 51 25 N CENTRAL NICEVILLE 1,658 333 1,023 278 24 26 SEMINOLE 2,361 350 1,609 355 47 27 CINCO BAYOU 264 60 139 62 3 28* GARNIERS 341 62 231 42 6 29* GOLF COURSE 2,005 318 1,344 311 32 30 OKALOOSA ISLAND 1,299 203 768 295 33 31 LONGWOOD 1,748 271 1,240 212 25 32* FERRY PARK 2,245 447 1,374 382 42 33 ROCKY BAYOU 4,064 498 2,963 553 50 34 FLOROSA 3,196 740 1,658 727 71 35 NORTH DESTIN 2,711 341 1,765 561 44 36 SOUTH NICEVILLE 2,306 358 1,561 334 53 37 LAKE LORRAINE 2,646 355 1,840 402 49 38 NORTHGATE 2,053 478 1,152 380 43 39 EAST WRIGHT 2,226 568 1,186 434 38 40 SOUTH BLUEWATER 2,778 330 1,999 409 40 41* N CENTRAL FWB 1,281 229 834 197 21 42* NEW HEIGHTS 2,103 664 949 449 41 43 S CENTRAL NICEVILLE 2,031 424 1,198 372 37 44 CENTRAL DESTIN 1,613 312 884 389 28 45 SOUTH CRESTVIEW 4,099 915 2,161 951 72 46 NORTH BLUEWATER 4,122 536 2,829 685 72 47 WYNNEHAVEN BEACH 1,695 365 856 430 44 48* WESTWOOD RETIREMENT 142 37 95 10 0 49 EAST DESTIN 2,705 349 1,870 447 39 50 SOUTH DESTIN 2,827 381 1,904 486 56 51 AIRPORT ROAD 1,591 261 1,030 281 19 52 LIVE OAK 3,183 647 1,820 660 56 Countywide Total 118,404 24,265 70,043 21,996 2,100 *City Precinct City Total 11,854 2,995 6,522 2,130 207 Source: Okaloosa County Supervisor of Elections 108  City of Fort Walton Beach, Florida SCHEDULE 19 SPECIAL ASSESSMENT BILLINGS AND COLLECTIONS Last Ten Fiscal Years Unaudited Total Ratio of Outstanding Assessments Collections Current and Fiscal Collected or to Amount Delinquent Year Assessments (1) Released Assessed Assessment 2013 $ - $ 5,302 $ - $ 119,704 2012 - 12,779 - 125,006 2011 - 5,986 - 137,785 2010 - 19,801 - 143,771 2009 - 6,528 - 163,572 2008 - 7,511 - 170,100 2007 218,730 72,576 33.18% 177,610 2006 0.00 1,965 - 31,456 2005 0.00 50,257 - 33,421 2004 0.00 37,510 - 83,678 (1) Assessments are payable over a 20 year period. Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports for the relevant year. 109  City of Fort Walton Beach, Florida SCHEDULE 20 MAJOR REVENUE SOURCES Last Ten Fiscal Years Unaudited Other Fiscal Property % of Total Taxes/ % of Total Sewer % of Total Sanitation % of Total Water % of Total Golf % of Total Year Taxes Revenues Franchise Fees Revenues Fees Revenues Fees Revenues Fees Revenues Fees Revenues 2013 $ 5,486,237 17.3% $ 6,355,549 20.1% $ 4,949,525 15.7% $ 3,499,459 11.1% $ 3,078,174 9.7% $ 1,591,423 5.0% 2012 $ 5,681,589 18.5% $ 6,482,596 21.1% $ 4,839,764 15.8% $ 3,313,559 10.8% $ 3,052,071 9.9% $ 1,656,721 5.4% 2011 $ 6,030,428 19.2% $ 6,673,824 21.2% $ 4,631,992 14.7% $ 3,307,993 10.5% $ 2,753,590 8.8% $ 1,954,589 6.2% 2010 5,332,480 17.5% 6,645,189 21.8% 4,154,795 13.6% 3,335,342 10.9% 2,379,913 7.8% 1,914,053 6.3% 2009 5,629,812 19.0% 6,425,482 21.7% 3,943,722 13.3% 3,363,185 11.4% 2,245,512 7.6% 2,164,174 7.4% 2008 6,021,743 20.6% 5,706,534 19.5% 3,984,282 13.6% 3,441,588 11.8% 2,271,327 7.8% 2,365,739 8.1% 2007 6,123,749 15.7% 5,645,463 14.5% 4,162,172 10.7% 3,427,925 8.8% 2,492,378 6.4% 2,441,793 6.3% 2006 5,303,877 14.9% 6,544,881 18.4% 3,932,591 11.1% 3,369,729 9.5% 2,360,766 6.6% 2,500,736 7.0% 2005 4,421,852 11.8% 5,957,840 15.8% 3,727,073 9.9% 3,311,508 8.8% 2,179,849 5.8% 2,224,935 5.9% 2004 4,166,452 13.1% 4,983,270 15.7% 3,544,738 11.2% 3,240,131 10.2% 689,910 2.2% 2,173,351 6.9% Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports for the relevant year. The city implemented GASB Statement 34 in 2002; schedules presenting government-wide information include information beginning in that year. 110  City of Fort Walton Beach, Florida SCHEDULE 21 WATER AND WASTEWATER SERVICE RATES Unaudited Monthly Water Rates (1,2) Residential Commercial Number of Inside Outside(3) Inside Outside(3) Meters Lifeline Rate(4) $8.30 $10.37 $8.30 $10.37 Monthly Base Charge(5), Meter Size: 3/4" $8.30 $10.37 $8.30 $10.37 8,677 1.0" $8.30 $10.37 $8.30 $10.37 333 1.5" $11.29 $14.11 $11.29 $14.11 107 2.0" $19.17 $23.96 $19.17 $23.96 216 3.0" $29.22 $36.52 $29.22 $36.52 14 4.0" $36.52 $45.65 $36.52 $45.65 19 6.0" $58.10 $72.62 $58.10 $72.62 0 8.0" or 10.0" $87.07 $108.83 $87.07 $108.83 1 Multi-Residential, Addt'l per Unit $6.14 $7.67 $8.30 $10.37 9,367 Residential Customers (6) 8,170 Commercial Customers (6) 1,109 Total Customers 9,279 Gallonage Rate (per 1,000 gallons per unit) Inside Outside Block 1 (0 - 2,000) Included in monthly base charge Block 2 (2,001 - 4,000) $2.48 $3.10 Block 3 (4,001 - 8,000) $3.03 $3.78 Block 4 (8,001 +) $4.54 $5.67 Monthly Wastewater Rates (2) Residential Commercial Lifeline Rate(4) $18.20 Monthly Base Charge $18.20 $21.84 Gallonage Rate (per 1,000 gallons per unit) (5) Block 1 (0 - 2,000) Included in monthly base charge Block 2 (2,001 +) $5.72 $6.86 (1) Irrigation customers subject to water rates as outlined herein (2) Monthly Base Charge is per Unit. Residential Single Family and Commercial count as 1 unit. Multi-Family and Multi-Commercial are billed according to meter size and unit count. (3) Outside City surcharge of 25% for water. (4) Single family residence with less than 2,000 gallons per month (5) Residential