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Item F02 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 11/15/06 DIVISION: COUNTY ADMINISTRATOR DEPARTMENT: AIRPORTS BULK ITEM: YES STAFF CONTACT PERSON: Peter Horton AGENDA ITEM WORDING: Approval of Republic Parking System operating budget for the period of November 1, 2006, through October 31,2007, for Parking Lot Management at the Key West International Airport. ITEM BACKGROUND: The Republic agreement requires that the County Commission approve the operating budget each year. The budget increase is $2,275.00 over last years operating budget. This figure does not include the amendment for hurricane Wilma damage repair. The projected revenue for the period of November 1, 2006 through October 31, 2007, is $219,325.00 PREVIOUS RELEVANT BOCC ACTION: Approval of Republic Operating Budget, 10/19/05, Approval of Operating Budget amendment, to address damage repair for hurricane Wilma, 12/21/05. CONTRACT/AGREEMENT CHANGES: New budget STAFF RECOMMENDATION: Approval TOTAL COST: $137,062.00 COST TO AIRPORT: $137,062.00 COST TO PFC: None COST TO COUNTY: None BUDGETED: Yes SOURCE OF FUNDS: Airport Operating Budget REVENUE PRODUCING: Yes AMOUNT PER YEAR: projected revenue - $219,325.00 APPROVED BY: County Attorney n/a OMB/Purchasing n/a Risk Management n/a DOCUMENTATION: Included X Not Required AGENDA ITEM # DISPOSITION: /bev AO 8/06 OPERATING BUDGET KEY WEST INTERNATIONAL AIRPORT November 1, 2006 - October 31, 2007 Proiected Revenue $219,325,00 Operator's Fee Management Fee @ $1,250.00 per month Data Processing Fee @ $400.00 per month Incentive Fee @ 2.5% of projected gross $15,000.00 $4,800.00 $5,483.00 SUB-TOTAL $25,283.00 Operating Budaet Salary and Wages Payroll Tax @ 8.5% Worker's Comp.@ 7.12% Overtime and Training Recruiting Expense SUB-TOTAL $79,640,00 $6,769.00 $5,670.00 $2,389.00 $500.00 $94,968.00 General Expenses Telephone Postage Equipment Repairs Uniforms Travel Tickets/Supplies - General Insurance-Liability Cell Phone Off-Site Storage Non-Budgeted Expenses SUB-TOTAL $1,350.00 $600.00 $2,800.00 $900.00 $1,500.00 $4,100.00 $2,711.00 $175.00 $925.00 $1,750.00 $16,811.00 TOTAL OPERATING BUDGET $137,062.00 Memo To: Board of County Conmissioners From: Peter Horton, Director of Airports Date: 11/15/06 Re: Agenda Item - Republic Parking System Operating Budget This item requests approval of the Republic Parking operating budget for the Period on November 1, 2006 through October 31, 2007, for parking Lot management at the Key West International Airport, The Republic contract requires approval of the operating budget by the County Commission each year. The budget amount for this year is $2,275.00 over last years bUdget figure. The projected revenue for November 1, 2006 through October 31, 2007 is $219,325.00. /bev