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Okaloosa County BOCC — April 28, 2016 — III. m. TDT Reports OCTC (Feb 16) — reading text
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III. m. TDT Reports OCTC (Feb 16) — extracted reading text
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$854,138.92 7.17% $842,608.39 7.60% 703 6.34% $41.90
Other $571,541.06 4.80% $568,811.06 5.13% 894 8.06% $22.05
Total $11,914,047.78 100.00% $11,091,688.55 100.00% 11,095 100.00% $37.03
*Formula provided by Okaloosa County Tourist Development Dept. and does not reflect collection data from the Okaloosa County Tax Collector
Gross Rental by Taxable Rental by Number of Units by
Rental Type Rental Type Rental Type
Other Other Other
4.80% 5.13%
Single 8.06%
Single Single
Family Family
Dwelling Family
Dwelling Dwelling
7.17% 7.60% 6.34%
Condo Condo Condo
Hotel / 56.01% Hotel / 56.85% Hotel / 56.26%
Motel Motel Motel
32.03% 30.43% 29.35%
Page 4
Percentage of Gross Rental, Taxable Rental, Number of Units, and RevPAR
by Tax Area
February 2016
Gross Rental Taxable Rental
Tax Area % % Number of Units % RevPAR*
Receipts Receipts
Destin $7,572,935.60 63.56% $7,305,786.35 65.87% 6,617 59.64% $39.46
Okaloosa Island $3,750,324.80 31.48% $3,289,984.88 29.66% 3,635 32.76% $35.58
FWB/Mary Esther $590,787.38 4.96% $495,917.32 4.47% 843 7.60% $24.17
Total $11,914,047.78 100.00% $11,091,688.55 100.00% 11,095 100.00% $37.03
*Formula provided by Okaloosa County Tourist Development Dept. and does not reflect collection data from the Okaloosa County Tax Collector
Gross Rental by Taxable Rental by Number of Units by
Tax Area Tax Area Tax Area
FWB/ FWB/ FWB/
Mary Mary Mary
Esther Esther Esther
5.56% 5.01% 7.63%
Okaloosa Okaloosa
Okaloosa
Island Island
Island Destin
31.48% Destin 29.66% Destin 32.76% 59.64%
63.56% 65.87%
Page 5
Year to Date Percentage of Gross Rental Receipts
by Rental Type / Tax Area
FY 2016
YEAR TO DATE
RENTAL TYPE OCT 2015 NOV 2015 DEC 2015 JAN 2016 FEB 2016 MAR 2016 APR 2016 MAY 2016 JUNE 2016 JULY 2016 AUG 2016 SEPT 2016
GROSS SALES
Condo $ 12,994,360.20 $ 3,414,862.92 $ 3,923,356.54 $ 5,191,130.68 $ 6,672,766.07 $ 32,196,476.41
Hotel / Motel $ 5,715,026.80 $ 2,888,719.29 $ 2,593,037.56 $ 3,265,267.65 $ 3,815,601.73 $ 18,277,653.03
Single Family Dwelling $ 2,663,555.30 $ 893,965.53 $ 1,373,814.24 $ 852,690.71 $ 854,138.92 $ 6,638,164.70
Other $ 712,340.39 $ 436,414.52 $ 386,345.36 $ 270,871.33 $ 571,541.06 $ 2,377,512.66
Total $ 22,085,282.69 $ 7,633,962.26 $ 8,276,553.70 $ 9,579,960.37 $ 11,914,047.78 $ - $ - $ - $ - $ - $ - $ - $ 59,489,806.80
YEAR TO DATE
TAX AREA OCT 2015 NOV 2015 DEC 2015 JAN 2016 FEB 2016 MAR 2016 APR 2016 MAY 2016 JUNE 2016 JULY 2016 AUG 2016 SEPT 2016
GROSS SALES
Destin $ 13,726,047.39 $ 4,867,560.12 $ 5,345,177.71 $ 6,219,789.23 $ 7,572,935.60 $ 37,731,510.05
Okaloosa Island $ 7,629,297.67 $ 2,283,230.03 $ 2,471,178.51 $ 2,827,188.67 $ 3,750,324.80 $ 18,961,219.68
FWB/Mary Esther $ 729,937.63 $ 483,172.11 $ 460,197.48 $ 532,982.47 $ 590,787.38 $ 2,797,077.07
Total $ 22,085,282.69 $ 7,633,962.26 $ 8,276,553.70 $ 9,579,960.37 $ 11,914,047.78 $ - $ - $ - $ - $ - $ - $ - $ 59,489,806.80
Year to Date Year to Date
Gross Rental by Gross Rental by
Rental Type Tax Area
Other
4.00%
FWB/Mary Esther
Single Family Dwelling 4.70%
11.16%
Okaloosa Island
31.87%
Condo
54.12% Destin
Hotel / Motel 63.43%
30.72%