Item C2
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
MEETING DATE: 8/15/07
DIVISION: COUNTY ADMINISTRATOR
BULK ITEM: YES
DEPARTMENT: AIRPORTS
STAFF CONTACT PERSON: Peter Horton
Phone: 292-3518
AGENDA ITEM WORDING: Approval of revised budget for Republic Parking, for the period of November 1, 2006 -
October 31, 2007, for parking lot management at the Key West International Airport.
ITEM BACKGROLlND: Republic has requested an increase in the budget for travel, due to manager and staff recruitment,
hiring, and training. In order to support staff retention, they have also added a benefit package for the manager only, and
an increase if hourly rate for cashiers. Projected revenue for the Parking Lot is $219,325,00.
PREVIOUS RELEVANT BOCC ACTION: Approval of Republic Operating budget, 11/15/06, and revised operating budget
(due to increase in State minimum wage), 1/17/07.
CONTRACT/AGREEMENT CHANGES: Increase in the operating budget, in the amount of $14,455.00.
STAFF RECOMMENDATION: Approval
TOTAL COST: $14,455.00 additional
COST TO AIRPORT: $14,455.00
COST TO PFC: none
COST TO COUNTY: none
BUDGETED: Yes
SOURCE OF FUNDS: Airport Operating Budget
REVENUE PRODUCING: Yes
AMOUNT PER YEAR: $219,325.00, projected
APPROVED BY: County Attorney n/a
OMB/Purchasing n/a
Risk Management nla
DOCUMENTATION: Included X
Not Required
AGENDA ITEM #
DISPOSITION:
/bev
AO
11/06
OPERATING BUDGET (Revised 7/23/2007)
KEY WEST INTERNATIONAL AIRPORT
November 1, 2006 - October 31,2007
Current Proposed
Budget Budget
Proiected Revenue $219,325.00 $219,325.00
Operator's Fee
Management Fee @ $1,250.00 per month $15,000.00 $15,000.00
Data Processing Fee @ $400.00 per month $4,800.00 $4,800.00
Incentive Fee @ 2.5% of projected gross $5,483.00 $5,483.00
SUB-TOTAL $25,283.00 $25,283.00
OPERATING EXPENSES
Payroll Expenses:
Salary and Wages $81,320.00 $81,320.00
Payroll Tax @ 8.5% $7,414.00 $7,414.00
Worker's Compo @ 7.12% $6,011.00 $6,011.00
Overtime and Training $2,389.00 $2,389.00
Recruiting Expense $500.00 $500.00
Health Insurance (Mgr. only) $2,975.00
SUB- TOTAL $97,634.00 $104,089.00
General Expenses:
Telephone $1,350.00 $1,350.00
Postage $600.00 $600.00
Equipment Repairs $2,800.00 $2,800.00
Uniforms $900.00 $900.00
Travel $1,500.00 $10,000.00
Tickets/Supplies - General $4,100.00 $4,100.00
Insurance-Liability $2,711.00 $2,711.00
Cell Phone $175.00 $175.00
Off-Site Storage $925.00 $925.00
Non-Budgeted Expenses $1,750.00 $1,750.00
SUB-TOTAL $16,811.00 $24,811.00
TOTAL OPERATING BUDGET $139,728.00 $154,183.00
REPU8~
PARKING
SYSUM
EXECUTIVE OFFICES. SUITE 2000 . REPUBLIC CENTRE. CHATTANOOGA, TENNESSEE 37450. 423n56-2771 . FAX 423/265-5728
July 24, 2007
Ms. Bevette Moore
Business Administrator
Airports Business Office
Key West International Airport
3491 S. Roosevelt Boulevard
Key West, FL 33040
Dear Bevette:
As we discussed this morning, I have prepared a revised budget for fiscal year
2007 to address the increase in payroll and travel costs that we have experienced
associated with the recruiting, hiring and training of a replacement facility
manager and staff. In response to the unexpected resignation of our faCility
manager, our Regional Manager, Linda Kelleher has spent several weeks
managing the daily operation of the parking facility and recruiting and training new
managers and cashiers, As you are aware, the cost of travel and
accommodations in Key West is quite high. Our budget anticipated routine travel
expenses normally incurred with periodic site visits. To date, we have incurred
over $8,400 in travel expense related to the recruiting and training of managers
and staff. The travel expense budget has been increased to $10,000 to fund
travel expenses already incurred and anticipated costs through the end of the
fiscal year for additional and recurring training.
The high level of competition in the labor market in Key West has resulted in two
of the newly hired managers and several cashiers tendering their resignation for
higher paying opportunities with other Key West employers. In an effort to retain
the newly hired manager and cashier staff, I have added $2,975.00 for a benefit
package (for the manager only) and will increase the hourly rate paid to cashiers
to allow us to be competitive in the Key West labor market. The increase in the
cashier's hourly rate can be funded without change to the Salary & Wages line
item in the current budget.
Please contact me if you have any questions regarding the revised budget or the
operation of the parking facility. We are committed to the efficient operation of the
parking facility and will continue to minimize expenses in our effort to provide the
Ms. Bevette Moore
July 24, 2007
Page 2
County and the citizens of Key West with professional and courteous parking
facility management.
Best Regards,
/r;;}~l ,
,./ . ./ ,r ./
/ /~-:, / - ~ ?.
('y-c----- '-';;/' ,
Alan Doherty "-"_
Vice President
"
c: Peter Horton, Director of Airports
James C. Berry, Chairman & CEO
Republic Parking System
Enclosure