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Item C39BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 10/15/03 DIVISION: COUNTY ADMINISTRATOR BULK ITEM: YES DEPARTMENT: AIRPORTS AGENDA ITEM WORDING: Approval of Republic Parking System operating budget, for the period November 1, 2003 through October 31, 2004, for parking lot management at the Key West International Airport. ITEM BACKGROUND: The Republic contract requires that the operating budget be approved by the County Commission each year. The parking lot will generate over $206,000.00 this year. Republic has estimated next years revenue will be $230,000.00. PREVIOUS RELEVANT BOCC ACTION. Approval of Republic Parking System FY 2002/2003 Operating Budget, October 16, 2002. CONTRACT/AGREEMENT CHANGES: New budget STAFF RECOMMENDATION: Approval TOTAL COST: $132,213.00 BUDGETED: Yes COST TO AIRPORT: None SOURCE OF FUNDS: Parking Lot Revenue COST TO PFC: None COST TO COUNTY: None REVENUE PRODUCING: Yes AMOUNT PER /YEAR: this year — 85,500.00 next year — 97,000.00 APPROVED BY: County Attorney N/A OMB/Purchasing N/A Risk Management N/A DIRECTOR OF AIRPORTS APPROVAL PEA Peter J. Horton DOCUMENTATION: Included X DISPOSITION: /bev APB To Follow Not Required AGENDA ITEM # G--V OPERATING BUDGET KEY WEST INTERNATIONAL AIRPORT November 1, 2003 — October 31, 2004 Projected Revenue Operator's Fee Management Fee @ $1,250.00 per month Data Processing Fee @ $400.00 per month Incentive Fee @ 2.5% of projected gross SUB -TOTAL Operating Budget Labor Salary and Wages Payroll Tax @ 11.15% Worker's Comp. @ 8.48% Overtime and Training Recruiting Expense SUB -TOTAL General Expenses $ 230,000 $ 15,000 $ 4,800 $ 5,750 $ 25,550 $ 73,000 $ 8,363 $ 6,360 $ 1,500 $ 300 $ 89,523 Telephone $ 1,500 Postage $ 600 Equipment Repair and Maintenance $ 1,800 Uniforms $ 900 Travel $ 1,500 Tickets/Supplies — General $ 3,900 Insurance — Liability $ 2,865 Telepager $ 175 Parking Meter Purchase (12 units) $ 2,400 Non -Budgeted Expenses $ 1,500 SUB -TOTAL $ 17,140 TOTAL OPERATING BUDGET $ 132,213