Fort Walton Beach — Comprehensive Financial Report September 30, 2015 — reading text

693 61 09 YELLOW RIVER 3,694 752 2,160 711 71 10 WEST WRIGHT 5,593 1,298 2,833 1,334 128 11 EAST CRESTVIEW 6,919 1,523 3,623 1,616 157 12 WEST CRESTVIEW 836 467 196 164 9 13 NORTH CRESTVIEW 3,469 752 2,033 623 61 14 WEST NICEVILLE 2,649 480 1,509 592 68 15 VALPARAISO 2,805 503 1,619 620 63 16 SHALIMAR 2,722 587 1,481 588 66 17 CENTRAL WRIGHT 3,152 801 1,467 816 68 18 OCEAN CITY 2,400 575 1,185 592 48 19* EAST FWB 1,577 481 649 415 32 20 WEST DESTIN 2,309 430 1,340 476 63 21 MARY ESTHER 2,547 538 1,452 500 57 22* S CENTRAL FWB 1,986 585 918 452 31 23 EGLIN AFB 589 112 265 197 15 24* WEST FWB 2,711 725 1,314 617 55 25 N CENTRAL NICEVILLE 1,706 328 1,014 333 31 26 SEMINOLE 2,443 332 1,633 428 50 27 CINCO BAYOU 284 63 153 65 3 28* GARNIERS 353 68 220 60 5 29* GOLF COURSE 2,104 317 1,373 372 42 30 OKALOOSA ISLAND 1,438 227 805 362 44 31 LONGWOOD 1,875 293 1,275 273 34 32* FERRY PARK 2,297 443 1,382 419 53 33 ROCKY BAYOU 4,313 489 3,100 679 45 34 FLOROSA 3,327 743 1,635 854 95 35 NORTH DESTIN 2,970 366 1,886 671 47 36 SOUTH NICEVILLE 2,429 344 1,628 400 57 37 LAKE LORRAINE 2,646 347 1,811 442 46 38 NORTHGATE 2,137 469 1,177 446 45 39 EAST WRIGHT 2,273 556 1,150 525 42 40 SOUTH BLUEWATER 2,830 319 1,977 485 49 41* N CENTRAL FWB 1,301 229 844 205 23 42* NEW HEIGHTS 2,272 705 991 531 45 43 S CENTRAL NICEVILLE 2,145 412 1,240 452 41 44 CENTRAL DESTIN 1,776 320 943 473 40 45 SOUTH CRESTVIEW 4,272 962 2,200 1,040 70 46 NORTH BLUEWATER 4,287 550 2,830 822 85 47 WYNNEHAVEN BEACH 1,881 389 923 515 54 48* WESTWOOD RETIREMENT 142 34 96 10 2 49 EAST DESTIN 2,931 376 1,976 530 49 50 SOUTH DESTIN 3,003 370 2,002 569 62 51 AIRPORT ROAD 1,674 265 1,054 331 24 52 LIVE OAK 3,389 672 1,928 731 58 Countywide Total 109,827 20,910 64,075 22,682 2,160 *City Precinct City Total 14,743 3,587 7,787 3,081 288 Source: Okaloosa County Supervisor of Elections 121  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 2015 $ - $ 61,898 $ - $ 54,202 2014 - 3,604 - 116,100 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 (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. 122  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 2015 $ 7,025,998 19.7% $ 7,171,032 20.1% $ 5,748,749 16.1% $ 3,581,264 10.1% $ 3,425,909 9.6% $ 1,399,101 3.9% 2014 6,886,443 20.6% 6,807,274 20.4% 5,177,966 15.5% 3,562,694 10.7% 3,238,894 9.7% 1,365,764 4.1% 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% 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. Note: Beginning in FY14, the Golf Enterprise Fund was transferred into the General Fund. 123  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) $9.32 $11.65 $9.32 $11.65 Monthly Base Charge(5), Meter Size: 3/4" $9.32 $11.65 $9.32 $11.65 8,974 1.0" $9.32 $11.65 $9.32 $11.65 330 1.5" $12.68 $15.85 $12.68 $15.85 110 2.0" $21.53 $26.91 $21.53 $26.91 217 3.0" $32.81 $41.01 $32.81 $41.01 14 4.0" $41.01 $51.26 $41.01 $51.26 19 6.0" $65.24 $81.55 $65.24 $81.55 0 8.0" or 10.0" $97.76 $122.20 $97.76 $122.20 1 Multi-Residential, Addt'l per Unit $6.33 $7.91 $9.32 $11.65 9,665 Residential Customers (6) 8,442 Commercial Customers (6) 1,095 Total Customers 9,537 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) $2.78