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Bay County, Florida (FL)



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Bay County, FL mapCounty population in 2005: 161,558 (89% urban, 11% rural)
County owner-occupied houses and condos: 40,892
Renter-occupied apartments: 18,705
% of renters here:  31%
State:  30%
Land area: 764 sq. mi.
Water area: 269.6 sq. mi.
Population density: 212 people per square mile 
 
 (high).
Percentage of residents living in poverty in 2005: 13.8%
Bay County:  13.8%
Florida:  12.8%
Median age of residents in 2005: 38 years ols
(Males: 37 years old, Females: 39 years old)
(Median age for: White residents: 40 years old, Black residents: 28 years old, Asian residents: 27 years old, Hispanic or Latino residents: 30 years old, Other race residents: 46 years old)


Residents with income below the poverty level in 1999:
This county:  13.0%
Whole state:  12.5%

Residents with income below 50% of the poverty level in 1999:
This county:  5.3%
Whole state:  5.7%

Type of workers:

  • Private wage or salary: 75%
  • Government: 18%
  • Self-employed, not incorporated: 7%
  • Unpaid family work: 0%

Bay County, Florida business tout: stores, dealers, real estate agents, wholesalers, restaurants...

Races in Bay County, Florida:

  • White Non-Hispanic (82.8%)
  • Black (10.6%)
  • Hispanic (2.4%)
  • Two or more races (1.9%)
  • American Indian (1.5%)
  • Other race (0.7%)
  • Vietnamese (0.5%)
(Total can be greater than 100% because Hispanics could be counted in other races)

Median resident age:  37.4 years
Florida median age:  38.7 years

Males: 73,406  (49.5%)
Females: 74,811  (50.5%)
Average wage per job in 2003: $30,037
County population in 2003: 154,888
Jobs in 2003: 73,281

Bay County,FL real estate house value trend


Total labor force in 2004: 78,426
Unemployment rate in 2004: 4.6%

Average household size:
Bay County:  2.4 people
Florida:  2.5 people

Median household income in 2005: $40,701
2005 median house value: $155,400
Median contract rent in 2005: $573
Median monthly housing costs in 2005: $706
Estimated median household income in 2005: $39,452 ($36,092 in 2000)
This county  $39,452
Florida:  $42,433

Estimated median house/condo value in 2005: $190,110
Bay County  $190,110
Florida:  $189,500

Median montly rent in 2000: $536
Institutionalized population: 2,440
Median monthly costs for houses with a mortgage in Bay County in 2000: $854


Crime in 2005 (reported by the sheriff's office or county police, not the county total):

  • Murders: 1
  • Rapes: 64
  • Robberies: 27
  • Assaults: 336
  • Burglaries: 537
  • Thefts: 2055
  • Auto thefts: 168

Crime in 2004 (reported by the sheriff's office or county police, not the county total):

  • Murders: 5
  • Rapes: 53
  • Robberies: 46
  • Assaults: 332
  • Burglaries: 506
  • Thefts: 2238
  • Auto thefts: 201

Bay County races chart


Bay County, FL map from a distance

Single-family new house construction building permits:
  • 2000: 759 buildings, average cost: $122,300
  • 2001: 852 buildings, average cost: $131,000
  • 2002: 1111 buildings, average cost: $133,400
  • 2003: 1313 buildings, average cost: $146,000
  • 2004: 1462 buildings, average cost: $141,500

Number of permits per 10,000 residents


Average cost (in 1000s)




2004 Presidential Election results in Bay County Florida:


Bush/Cheney (Republican): 71.2%
Kerry/Edwards (Democratic): 28.1%

Median real estate property taxes paid for housing units with mortgages in 2005: $883 (0.5%)
Median real estate property taxes paid for housing units with no mortgage in 2005: $657 (0.5%)

Area name: Panama City-Lynn Haven, FL MSA
Fair market rent in 2006 for a 1-bedroom apartment in Bay County is $519 a month.
Fair market rent for a 2-bedroom apartment is $594 a month.
Fair market rent for a 3-bedroom apartment is $820 a month.

Cities in this county include: Panama City, Callaway, Lynn Haven, Upper Grand Lagoon, Springfield, Panama City Beach, Opa-locka North, Cedar Grove, Parker, Lower Grand Lagoon.

2005 air pollution in Bay County:

Ozone (1-hour): 0.086 ppm (standard limit: 0.12 ppm). Near U.S. average.
Ozone (8-hour): 0.078 ppm (standard limit: 0.08 ppm). Near U.S. average.
Particulate Matter (PM10) Annual: 21 µg/m3. Near U.S. average.
Particulate Matter (PM10) 24-hour (standard limit: 150 µg/m3): 48 µg/m3. Near U.S. average.
Particulate Matter (PM2.5) Annual (standard limit: 15.0 µg/m3): 11.4 µg/m3. Near U.S. average.
Particulate Matter (PM2.5) 24-hour (standard limit: 35 µg/m3): 28 µg/m3. Near U.S. average.


Neighboring counties: Calhoun County , Gulf County , Jackson County , Walton County , Washington County .


Bay County close-up map

Click to draw/clear county borders

Notable locations in this county outside city limits:

Notable locations in Bay County: Nobleknob Camp (A), Oakledge Camp (B), College Station (C), Beachwalk Center (D), County Line Landing (E), McAllaster Landing (F), McAllister Landing (G), Camp Flowers (H). Display/hide their locations on the map

Shopping Center: Regency Mall (1). Display/hide its location on the map

Churches in Bay County include: Bayou George Church (A), Bear Creek Assembly of God Church (B), Bear Creek Church (C), Sandy Mount Church (D), Callaway Assembly of God Church (E), Kingdom Hall of Jehovahs Witnesses (F), First Baptist Church of Parker (G), First Baptist Church of Southport (H). Display/hide their locations on the map

Cemeteries: Porter Cemetery (1), Farmdale Cemetery (2). Display/hide their locations on the map

Lakes and swamps: Bush Pond (A), Tyson Lake (B), Clearwater Pond (C), Mabel Porter Pond (D), Court Martial Lake (E), Bay Gall Ponds (F), Bear Pond (G), Tank Pond (H). Display/hide their locations on the map

Streams, rivers, and creeks: Buckhorn Creek (A), Buckhead Branch (B), Sandy Creek (C), Broomstraw Branch (D), Branning Branch (E), Boutwell Branch (F), Botheration Bayou (G), Moccasin Creek (H), Boggy Creek (I). Display/hide their locations on the map

Park in Bay County: Point Washington Wildlife Management Area (1). Display/hide its location on the map

 
Unemployment in September 2007:
Here:  3.5%
Florida:  4.3%


Unemployment by year (%)


County total employment by year


County average yearly wages by year ($)


Current college students: 6,965
People 25 years of age or older with a high school degree or higher: 81.0%
People 25 years of age or older with a bachelor's degree or higher: 17.7%

Number of foreign born residents: 5,382 (54% naturalized citizens)

Bay County:  3.6%
Whole state:  16.7%


Year of entry for the foreign-born population

  • 1995 to March 2000: 888
  • 1990 to 1994: 650
  • 1985 to 1989: 574
  • 1980 to 1984: 619
  • 1975 to 1979: 611
  • 1970 to 1974: 440
  • 1970 to 1974: 335
  • 1965 to 1969: 1,265

Mean travel time to work: 21.6 minutes

Percentage of county residents living and working in this county: 95.0%

Bay County marital status for males

Bay County marital status for females

Housing units in structures:

  • One, detached: 41,986
  • One, attached: 3,746
  • Two: 2,544
  • 3 or 4: 4,219
  • 5 to 9: 3,723
  • 10 to 19: 2,221
  • 20 or more: 6,842
  • Mobile homes: 12,926
  • Boats, RVs, vans, etc.: 228

Housing units in Bay County with a mortgage: 20,076 (2,059 second mortgage, 1,630 home equity loan, 80 both second mortgage and home equity loan)
Houses without a mortgage: 10,504


Agriculture in Bay County
Average size of farms: 94 acres
Average value of agricultural products sold per farm: $18592
Average value of crops sold per acre for harvested cropland: $1497.78
The value of nursery, greenhouse, floriculture, and sod as a percentage of the total market value of agricultural products sold: 70.81%
The value of livestock, poultry, and their products as a percentage of the total market value of agricultural products sold: 12.77%
Average total farm production expenses per farm: $16476
Harvested cropland as a percentage of land in farms: 11.56%
Average market value of all machinery and equipment per farm: $20307
The percentage of farms operated by a family or individual: 90.52%
Average age of principal farm operators: 56 years
Average number of cattle and calves per 100 acres of all land in farms: 6.05
Vegetables: 27 harvested acres
Land in orchards: 18 acres

Bay County historical area-adjusted tornado activity is above Florida state average. It is 3.4 times above overall U.S. average.
Tornadoes in this county have caused 4 fatalities and 145 injuries recorded between 1950 and 2004.
On 12/10/1967, a category 3 (max. wind speeds 158-206 mph) tornado killed one person and injured 50 people and caused between $500,000 and $5,000,000 in damages.



Class of Workers



Most common industries for males:



  • Construction (15%)
  • Accommodation and food services (10%)
  • Public administration (9%)
  • Professional, scientific, and technical services (5%)
  • Health care (4%)
  • Administrative and support and waste management services (4%)
  • Educational services (3%)


Most common industries for females:



  • Health care (16%)
  • Accommodation and food services (14%)
  • Educational services (11%)
  • Finance and insurance (6%)
  • Public administration (6%)
  • Department and other general merchandise stores (4%)
  • Professional, scientific, and technical services (4%)


Most common occupations for males



  • Electrical equipment mechanics and other installation, maintenance, and repair occupations including supervisors (5%)
  • Other management occupations except farmers and farm managers (5%)
  • Building and grounds cleaning and maintenance occupations (5%)
  • Driver/sales workers and truck drivers (5%)
  • Other sales and related workers including supervisors (4%)
  • Other production occupations including supervisors (4%)
  • Retail sales workers except cashiers (4%)


Most common occupations for females



  • Other office and administrative support workers including supervisors (6%)
  • Secretaries and administrative assistants (5%)
  • Building and grounds cleaning and maintenance occupations (5%)
  • Preschool, kindergarten, elementary and middle school teachers (5%)
  • Other sales and related workers including supervisors (5%)
  • Retail sales workers except cashiers (5%)
  • Waiters and waitresses (4%)


Most common places of birth for the foreign-born residents:



  • United Kingdom (11%)
  • Germany (10%)
  • Philippines (9%)
  • Canada (8%)
  • Vietnam (7%)
  • Korea (5%)
  • Mexico (3%)


Most common first ancestries reported in Bay County:



  • United States or American (22%)
  • Irish (11%)
  • German (11%)
  • English (11%)
  • Italian (3%)
  • French (except Basque) (3%)
  • Scotch-Irish (3%)

Bay County mode of transportation to work chart

Means of transportation to work

  • Drove a car alone: 54,694 (81%)
  • Carpooled: 8,841 (13%)
  • Bus or trolley bus: 125 (0%)
  • Streetcar or trolley car: 7 (0%)
  • Railroad: 5 (0%)
  • Taxi: 75 (0%)
  • Motorcycle: 133 (0%)
  • Bicycle: 357 (1%)
  • Walked: 1,111 (2%)
  • Other means: 639 (1%)
  • Worked at home: 1,561 (2%)
 

People in group quarters in Bay County, Florida
  • 1495 people in local jails and other confinement facilities (including police lockups)
  • 747 people in nursing homes
  • 413 people in military barracks, etc.
  • 240 people in other noninstitutional group quarters
  • 103 people in military transient quarters for temporary residents
  • 64 people in state prisons
  • 63 people in short-term care, detention or diagnostic centers for delinquent children
  • 59 people in homes for the mentally retarded
  • 41 people in wards in general hospitals for patients who have no usual home elsewhere
  • 35 people in other group homes
  • 28 people in other nonhousehold living situations
  • 26 people in training schools for juvenile delinquents
  • 13 people in homes or halfway houses for drug/alcohol abuse
  • 11 people in military ships
  • 4 people in other types of correctional institutions
  • 2 people in religious group quarters

Average gross adjusted income of non-migrant taxpayers in this county in 2005 was $54,465.

9.18% of this county's 2006 resident taxpayers lived in other counties in 2005 ($40,889 average adjusted gross income)

Here:  9.18%
Florida average:  8.71%

0.46% of residents moved from foreign countries ($1,672 average AGI)
Bay County:  0.46%
Florida average:  0.22%

2.57% relocated from other counties in Florida ($10,500 average AGI)
6.15% relocated from other states ($28,717 average AGI)
Bay County:  6.15%
Florida average:  4.24%



Percentage of residents relocating from other counties or countries


Top counties from which taxpayers relocated into this county between 2005 and 2006:
from Washington County, FL  0.27% ($23,976 average AGI)
from Okaloosa County, FL  0.25% ($51,679)
from Gulf County, FL  0.19% ($25,655)
from Leon County, FL  0.18% ($33,532)
from Walton County, FL  0.17% ($62,798)
from Escambia County, FL  0.13% ($29,386)
from Jackson County, FL  0.13% ($41,910)


8.44% of this county's 2005 resident taxpayers moved to other counties in 2006 ($39,725 average adjusted gross income)

Here:  8.44%
Florida average:  7.73%

0.39% of residents moved to foreign countries ($1,656 average AGI)
Bay County:  0.39%
Florida average:  0.12%

2.91% relocated to other counties in Florida ($13,246 average AGI)
5.14% relocated to other states ($24,823 average AGI)
Bay County:  5.14%
Florida average:  3.31%



Percentage of residents relocating to other counties or countries


Top counties to which taxpayers relocated from this county between 2005 and 2006:
to Washington County, FL  0.37% ($36,996 average AGI)
to Leon County, FL  0.24% ($27,262)
to Gulf County, FL  0.19% ($31,538)
to Okaloosa County, FL  0.18% ($36,257)
to Escambia County, FL  0.17% ($33,960)
to Orange County, FL  0.15% ($29,527)
to Hillsborough County, FL  0.14% ($37,941)

Births per 1000 population from 1990 to 1999: 14.6
Births per 1000 population from 2000 to 2003: 13.2



Births per 1000 population in Bay County

Deaths per 1000 population from 1990 to 1999: 8.7
Deaths per 1000 population from 2000 to 2003: 9.6



Deaths per 1000 population in Bay County

Infant deaths per 1000 live births from 1990 to 1999: 10.1
Infant deaths per 1000 live births from 2000 to 2003: 9.9



Infant deaths per 1000 live births in Bay County

Persons enrolled in hospital insurance and/or supplemental medical insurance (Medicare) in July 1, 2003: 25,461 (20,927 aged, 4,534 disabled)
Population without health insurance coverage in 2000: 15%
Children under 18 without health insurance coverage in 2000: 11%


Household type by relationship


Households: 144,882
  • In family households: 121,756 (30,779 male householders, 9,874 female householders)
    31,309 spouses, 40,987 children (36,860 natural, 1,253 adopted, 2,874 stepchildren), 2,570 grandchildren, 783 brothers or sisters, 873 parents, 1,882 other relatives, 2,699 non-relatives
  • In nonfamily households: 23,126 (9,213 male householders (6,956 living alone)), 9,728 female householders (8,526 living alone)), 4,185 nonrelatives
  • In group quarters: 3,335 (2,434 institutionalized population)

Size of family households: 18,779 2-persons, 9,856 3-persons, 7,564 4-persons, 3,060 5-persons, 996 6-persons, 398 7-or-more-persons.

Size of nonfamily households: 15,482 1-person, 2,924 2-persons, 400 3-persons, 100 4-persons, 27 5-persons, 8 6-persons.

22,302 married couples with children.
9,619 single-parent households (2,080 men, 7,539 women).

93.6% of residents of Bay County speak English at home.
2.5% of residents speak Spanish at home (64% speak English very well, 19% speak English well, 16% speak English not well, 1% don't speak English at all).
2.2% of residents speak other Indo-European language at home (77% speak English very well, 13% speak English well, 9% speak English not well, 1% don't speak English at all).
1.4% of residents speak Asian or Pacific Island language at home (54% speak English very well, 31% speak English well, 13% speak English not well, 2% don't speak English at all).
0.3% of residents speak other language at home (76% speak English very well, 14% speak English well, 9% speak English not well).

In fiscal year 2004:
Federal Government expenditure: $1,599,092,000 ($10124 per capita)
Department of Defense expenditure: $712,636,000
Federal direct payments to individuals for retirement and disability: $595,599,000
Federal other direct payments to individuals: $195,752,000
Federal direct payments not to individuals: $1,105,000
Federal grants: $157,014,000
Federal procurement contracts: $290,605,000 ($239,969,000 Department of Defense)
Federal salaries and wages: $359,016,000 ($321,432,000 Department of Defense)
Federal Government direct loans: $1,881,000
Federal guaranteed/insured loans: $140,994,000
Federal Government insurance: $3,294,769,000

Population change from April 1, 2000 to July 1, 2005:
Births: 10,637
Here:  66 per 1000 residents
State:  63 per 1000 residents

Deaths: 7,568
Here:  47 per 1000 residents
State:  49 per 1000 residents

Net international migration: +699
Here:  +4 per 1000 residents
State:  +30 per 1000 residents

Net internal migration: +9,795
Here:  +61 per 1000 residents
State:  +59 per 1000 residents



Population growth in Bay County

Total withdrawal of fresh water for public supply: 51.17 millions of gallons per day (12% from ground, 88% from surface)

Median number of rooms in houses and condos:
Here:  5.7
State:  5.6

Median number of rooms in apartments:
Here:  4.2
State:  3.8



Year house built:

  • 1999 to March 2000: 2,261
  • 1995 to 1998: 7,797
  • 1990 to 1994: 8,024
  • 1980 to 1989: 23,629
  • 1970 to 1979: 17,287
  • 1960 to 1969: 7,695
  • 1950 to 1959: 6,407
  • 1940 to 1949: 3,413
  • 1939 or earlier: 1,922


Rooms in owner-occupied houses in Bay County, Florida:

  • 1 room: 154
  • 2 rooms: 529
  • 3 rooms: 1,882
  • 4 rooms: 5,364
  • 5 rooms: 9,983
  • 6 rooms: 10,998
  • 7 rooms: 6,481
  • 8 rooms: 3,235
  • 9 or more rooms: 2,266


Rooms in renter-occupied apartments in Bay County, Florida:

  • 1 room: 361
  • 2 rooms: 1,428
  • 3 rooms: 3,382
  • 4 rooms: 5,894
  • 5 rooms: 4,483
  • 6 rooms: 2,003
  • 7 rooms: 734
  • 8 rooms: 308
  • 9 or more rooms: 112


Bedrooms in owner-occupied houses and condos in Bay County:

  • no bedroom: 203
  • 1 bedroom: 1,596
  • 2 bedrooms: 9,237
  • 3 bedrooms: 23,539
  • 4 bedrooms: 5,613
  • 5 or more bedrooms: 704


Bedrooms in renter-occupied apartments in Bay County:

  • no bedroom: 517
  • 1 bedroom: 3,803
  • 2 bedrooms: 8,739
  • 3 bedrooms: 4,953
  • 4 bedrooms: 647
  • 5 or more bedrooms: 46


Cars and other vehicles available in Bay County in owner-occupied houses/condos:

  • no vehicle: 1,238
  • 1 vehicle: 12,905
  • 2 vehicles: 18,811
  • 3 vehicles: 6,010
  • 4 vehicles: 1,522
  • 5 or more vehicles: 406


Cars and other vehicles available in Bay County in renter-occupied apartments

  • no vehicle: 2,720
  • 1 vehicle: 9,409
  • 2 vehicles: 5,408
  • 3 vehicles: 960
  • 4 vehicles: 179
  • 5 or more vehicles: 29

50% of Bay County residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 55% lived in this county.
   Out of people who lived in different counties, 28% lived in Florida.

Bay County:  50.4%
State average:  51.1%


Place of birth for U.S.-born residents:

  • This state: 61077
  • Northeast: 12161
  • Midwest: 17068
  • South: 41746
  • West: 7213

Median price asked for vacant for-sale houses in 2000: $92,800


Housing units lacking complete plumbing facilities: 1%

Housing units lacking complete kitchen facilities: 1%


Year Householders Moved Into Unit:

 


Most commonly used house heating fuel in houses and condos:


  • Electricity (73%)
  • Utility gas (18%)
  • Bottled, tank, or LP gas (6%)
  • Wood (1%)
  • Fuel oil, kerosene, etc. (1%)


Most commonly used house heating fuel in apartments:


  • Electricity (74%)
  • Utility gas (21%)
  • Bottled, tank, or LP gas (4%)
  • Fuel oil, kerosene, etc. (1%)

Private vs. public school enrollment:
Students in private schools in grades 1 to 8 (elementary and middle school): 1,312
Here:  7.8%
Florida:  11.7%

Students in private schools in grades 9 to 12 (high school): 508
Here:  5.9%
Florida:  9.7%

Students in private undegraduate colleges: 503
Here:  8.3%
Florida:  21.0%



Educational Attainment




School Enrollment by Level of School



Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)



Age and Sex of Physically-Disabled Residents (Noninstitutionalized)



Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)



Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)



Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)



Age and Sex of Residents with Employment Disability (Noninstitutionalized)

Bay County government finances in 2004:
  • Charges - All Other: $12,532,000
    Solid Waste Management: $9,353,000
    Sewerage: $7,333,000
    Parks & Recreation: $3,897,000
    Higher Education - Other: $298,000
  • Construction - General: $10,450,000
    Regular Highways: $4,763,000
    Fire Protection: $3,368,000
    Solid Waste Management: $2,968,000
    Water Utilities: $2,678,000
  • Current Operations - Police Protection: $16,156,000
    Corrections - Other: $13,333,000
    General - Other: $11,412,000
    Regular Highways: $10,460,000
    Solid Waste Management: $8,964,000
    Judicial and Legal Services: $7,334,000
    Financial Administration: $7,320,000
    Sewerage: $6,536,000
    Parks & Recreation: $5,590,000
    Water Utilities: $4,205,000
    Welfare - Other: $2,963,000
    Fire Protection: $2,075,000
    Central Staff Services: $1,913,000
    Protective Inspection and Regulation, NEC: $1,529,000
    Libraries: $1,309,000
    Housing & Community Development: $1,210,000
    Health Services - Other: $520,000
    Other Higher Education: $250,000
    Natural Resources - Other: $129,000
  • Federal Intergovernmental - All Other: $2,404,000
  • General - Interest on Debt: $6,025,000
  • Intergovernmental to State - Health: $1,350,000
  • Long Term Debt Beginning Outstanding - Water Utilities: $53,130,000
    Industrial Revenue: $24,415,000
  • Long Term Debt Beginning Outstanding, NEC: $98,058,000
  • Long Term Debt Issue, Unspecified - Other NEC: $15,610,000
  • Long Term Debt Outstanding - Full Faith & Credit - Other, NEC: $7,585,000
  • Long Term Debt Outstanding Nonguaranteed - Other, NEC: $95,475,000
    Water Utilities: $52,278,000
    Industrial Revenue: $23,415,000
  • Long Term Debt Retired Nonguaranteed - Industrial Revenue: $1,000,000
  • Long Term Debt Retired Unspecified - Other, NEC: $10,608,000
    Water Utilities: $852,000
  • Miscellaneous - Interest Earnings: $5,188,000
    General Revenue, NEC: $2,016,000
    Special Assessments: $379,000
  • Other Capital Outlay - Fire Protection: $1,860,000
    Regular Highways: $1,187,000
    Police Protection: $977,000
    General - Other: $647,000
    Financial Administration: $254,000
    Judicial: $252,000
    Parks & Recreation: $230,000
    Water Utilities: $221,000
    Sewerage: $112,000
    Health - Other: $91,000
    Protective Inspection & Regulation, NEC: $63,000
    Central Staff: $53,000
    Corrections - Other: $43,000
    Welfare - Other: $27,000
    Natural Resource - Other: $4,000
  • Other Funds - Cash & Deposits: $112,306,000
  • Revenue - Water Utilities: $8,224,000
  • Sinking Fund - Cash & Deposits: $23,415,000
  • State Intergovernmental - General Support: $11,745,000
    Highways: $4,780,000
    All Other: $2,823,000
    Public Welfare: $189,000
    Health & Hospitals: $17,000
  • Tax - Property: $42,615,000
    Total General Sales: $7,524,000
    Other Selective Sales: $5,299,000
    Motor Fuels Sales: $3,302,000
    NEC: $1,584,000
    Public Utilities: $711,000
  • Total Salaries & Wages: $27,737,000
  • Water Utilities - Interest on Debt: $2,954,000

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