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Item C09BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 10/20/04 DIVISION: COUNTY ADMINISTRATOR BULK ITEM: YES DEPARTMENT: AIRPORTS AGENDA ITEM WORDING: Approval of Republic Parking System operating budget, for the period November 1, 2004, through October 31, 2005, for parking management at the Key West International airport. ITEM BACKGROUND: The Republic contract requires that the operating budget be approved by the Board each year. Republic has projected parking revenue for this budget year to be $193,000.00. PREVIOUS RELEVANT BOCC ACTION: Approval of Republic Management Agreement, 5/15/02. Approval of previous year operating budget, 10/15/03. CONTRACT/AGREEMENT CHANGES: New Operating Budget STAFF RECOMMENDATION: Approval TOTAL COST: $132,015.00 COST TO AIRPORT: $132,015.00 COST TO PFC: None COST TO COUNTY: None f REVENUE PRODUCING: Yes BUDGETED: Yes SOURCE OF FUNDS: Airport Operating Budget AMOUNT PER YEAR: - $186,000.00 - FY 2004 APPROVED BY: County Attorney N/A OMB/Purchasing N/A Risk Management N/A DIRECTOR OF AIRPORTS APPROVAL P ter J. Horton DOCUMENTATION: Included X To Follow DISPOSITION: /bev APB Not Required AGENDA ITEM # 0" f Proiected Revenue Operator's Fee OPERATING BUDGET KEY WEST INTERNATIONAL AIRPORT November 1, 2004 — October 31, 2005 $ 193,000 Management Fee @ $1,250.00 per month $ 15,000 Data Processing Fee @ $400.00 per month $ 4,800 Incentive Fee @ 2.5% of projected gross $ 4,825 SUB -TOTAL Operating Budget Labor $ 24,625 Salary and Wages $ 76,000 Payroll Tax @ 8.5% $ 6,460 Worker's Comp. @ 7.62% $ 5,791 Overtime and Training $ 1,700 Recruiting Expense $ 300 SUB -TOTAL 0 General Expenses $ 90,250 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 Cell Phone $ 175 Parking Meter Purchase (12 units) $ 2,400 Non -Budgeted Expenses $ 1,500 SUB -TOTAL $ 17,140 TOTAL OPERATING BUDGET $ 132,015 REPUBUC PARIONG EXECUTIVE OFFICES • SUITE 2000 • REPUBLIC CENTRE • CHATTANOOGA, TENNESSEE 37450 • 423/756-2771 • FAX 423/265-5728 September 1, 2004 Ms. Bevette Moore Business Administrator Key West International Airport 3491 Roosevelt Boulevard Key West, Florida 33040 Re: 2004 — 2005 Operating Budget Dear Bevette, Enclosed is our proposed operating budget for the contract year 2004 — 2005. Included in this budget is the purchase of 12 additional parking meters, bringing the total purchased to 24. If you have Any questions regarding this submittal please feel free to contact me at your convenience. Sincerely, John E. Leavens Senior Vice President Enclosure