Okaloosa County BOCC — September 19, 2016 — Budget Summary — reading text

1-8  Millage County-Wide Gross Certified Taxable Value $15,684,923,474 Unincorporated MSTU Gross Certified Taxable Value $7,383,247,855 Current Millage Rate 3.4308 per $1000 Proposed Millage Rate 3.4308 per $1000 Rolled-Back Rate (County-Wide) 3.3283 per $1000 Rolled-Back Rate (Aggregate) 3.4688 per $1000 Prior Year Maximum Millage Limitation (DR420-MMP line 13) 5.4724 per $1000 Adopted Tentative Rate 3.4308 per $1000 Certified to Appraiser for Notices of Proposed Property Taxes 3.4308 per $1000 Approved Millage Rate per $1000 Millage Required to Fund Proposed Budgets County-Wide FUND MILLAGE TAXES @ 96.5% General 3.3849 per $1000 51,233,510 County Public Health Unit 0.0459 694,911 Total County-Wide Millage 3.4308 per $1000 Total County-Wide Taxes $51,928,421 Non County-Wide Unincorporated Municipal Service and Taxing Unit (MSTU) $0.2990 per $1000 $2,130,325 Aggregate Millage Rate $3.5715 per $1000 Total County & Non County-Wide Taxes $54,058,746 Prior Year Millage Rates Fund MILLAGE TAXES @ 96% General 3.3120 per $1000 $47,804,418 County Public Health Unit 0.0412 $594,668 Emergency Medical Services Enterprise 0.0776 $1,120,056 Totals - Prior Year $3.4308 per $1000 $49,519,142 Taxes generated at the rolled-back rate would be the point from which increases are measures. Accordingly, proposed budgets represent an increase of: 4.87% $2,409,279 1-9  Millage - Last Ten Years FUND FY08 FY09 FY10 FY11 FY12 General 1.5868 1.3802 1.3845 1.4546 1.4546 Fine & Forfeiture 1.5829 1.7748 1.7741 1.6724 1.6724 County Public Health Unit 0.0484 0.0520 0.0534 0.0578 0.0578 Emergency Medical Services Enterprise 0.1262 0.0925 0.0779 0.1051 0.1051 Total County-Wide Levy 3.3443 3.2995 3.2899 3.2899 3.2899 Unincorporated MSTU 0.1888 0.1800 0.1800 0.1800 0.1800 Aggregate Millage Rate 3.4281 3.3802 3.3722 3.3735 3.3744 FUND FY13 FY14 FY15 FY16 FY17 General 3.1153 3.3001 3.2792 3.3514 3.3849 Fine & Forfeiture 0.0000 0.0000 0.0000 0.0000 0.0000 County Public Health Unit 0.0602 0.0478 0.0430 0.0462 0.0459 Emergency Medical Services Enterprise 0.1144 0.0829 0.1086 0.0332 0.0000 Total County-Wide Levy 3.2899 3.4308 3.4308 3.4308 3.4308 Unincorporated MSTU 0.1800 0.1800 0.2990 0.2990 0.2990 Aggregate Millage Rate 3.3755 3.5156 3.5729 3.5720 3.5715 Millage Rate - Last Ten Years 5.0000 4.5000 Rate/$1,000 4.0000 3.4308 3.4308 3.4308 3.4308 3.5000 3.3443 3.2995 3.2899 3.2899 3.2899 3.2899 3.0000 08 09 10 11 12 13 14 15 16 17 Year 1-10  Fiscal Year 2017 Millage Percentage by Fund County Public Health Unit 1.3% General 98.7% Millage Comparison FY16 vs. FY17 0.0000 Emergency Medical Services Enterprise 0.0332 0.0459 County Public Health Unit 0.0462 3.3849 General 3.3514 0.0000 0.5000 1.0000 1.5000 2.0000 2.5000 3.0000 3.5000 4.0000 FY17 FY16 1-11  Property Value - Last Ten Years Year Final Valuation Millage Taxes @ 95% Total Budget 2008 $18,806,840,352 3.3443 $59,750,930 $313,172,524 2009 $17,410,630,993 3.2995 $54,574,058 $304,080,099 2010 $16,174,789,111 3.2899 $50,552,767 $263,569,236 2011 $14,499,871,635 3.2899 $45,317,971 $280,421,796 2012 $13,781,239,430 3.2899 $43,071,955 $261,624,931 2013 $13,565,838,217 3.2899 $42,398,739 $257,241,963 2014 $13,795,170,133 3.4308 (2) $45,435,331 $279,897,664 2015 $14,380,757,775 3.4308 (2) $47,364,004 $310,010,770 2016 $15,035,105,326 3.4308 (2) $49,519,142 $331,339,247 2017 (1) $15,684,923,474 3.4308 (3) $51,928,421 $368,802,073 (1) Certified as of July 1, 2015. (2) Taxes at 96.0% (3) Taxes at 96.5% 1-12  Trend Comparison Value vs. Millage 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year Value Millage Trend Comparison Value vs. Budget 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year Value Budget 1-13  Property Valuation Last Ten Years $20 18.8 17.4 16.2 15.7 14.5 15.0 $15 14.4 13.8 13.6 13.8 Billions $10 $5 $0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year Millage Rate Last Ten Years $5 $4 3.3443 3.2995 3.2899 3.2899 3.2899 3.2899 3.4308 3.4308 3.4308 3.4308 $3 Dollars $2 $1 $0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year 1-14  Property Taxes Last Ten Years $80 59.8 $60 54.6 50.6 51.9 47.4 49.5 45.3 45.4 43.1 42.4 Millions $40 $20 $0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year Total Budget Last Ten Years $400 368.8 $350 331.3 313.2 304.1 310.0 $300 280.4 279.9 263.6 261.6 257.2 $250 Millions $200 $150 $100 $50 $0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year 1-15  Human Resources Summary Fund Title FY15 FY16 FY17 +/- 001 Board of County Commissioners 9