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Item C01BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 10/15/08 DIVISION: COUNTY ADMINISTRATOR BULK ITEM: YES DEPARTMENT: AIRPORTS STAFF CONTACT PERSON: Peter Horton Phone: 809-5200 AGENDA ITEM WORDING: Approval of Republic Parking System operating budget for the period of November 1, 2008, through October 31, 2009, 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. This budget reflects a decrease from the previous year of $355.63. Projected revenue for the period is $208,000.00. Republic has been operating under difficult conditions due to the new terminal construction, but will generate over $200,000.00 in revenue for the previous operating period. PREVIOUS RELEVANT BOCC ACTION: Approval of Republic operating budget for previous contract period, 12/19/08. CONTRACT/AGREEMENT CHANGES: New budget STAFF RECOMMENDATION: Approval TOTAL COST: $147,407.77 COST TO AIRPORT: $147,407.77 COST TO PFC: None COST TO COUNTY: None REVENUE PRODUCING: Yes BUDGETED: Yes SOURCE OF FUNDS: Airport revenue/operating budget AMOUNT PER YEAR: $208,000.00 - projected APPROVED BY: County Attorney n/a OMB/Purchasing n/a Risk Management n/a DOCUMENTATION: Included X Not Required AGENDA ITEM # DISPOSITION: /bev AO 11 /06 OPERATING BUDGET REPUBLIC PARKING SYSTEM, INC. KEY WEST INTERNATIONAL AIRPORT November 1, 2008 - October 31, 2009 Projected Revenue $ 208,000.00 Operator's Fee Management Fee @ $1,250.00 per month $ 15,000.00 Data Processing Fee @ $400.00 per month $ 4,800.00 Incentive Fee @ 2.5% of projected gross $ 5,200.00 SUB -TOTAL $ 25,000.00 OPERATING EXPENSES Payroll Expenses: Salary and Wages $ 82,030.00 Payroll Tax $ 8,326.05 Worker's Comp. $ 3,240.19 Overtime and Training $ 2,460.90 Recruiting Expense $ 850.00 Health Insurance (Mgr. only) $ 3,564.00 SUB -TOTAL $ 100,471.13 General Expenses: Telephone $ 1,350.00 Postage $ 1,000.00 Equipment Repairs $ 3,000.00 Uniforms $ 900.00 Travel $ 4,500.00 Tickets/Supplies - General $ 4,500.00 Insurance -Liability $ 2,861.64 Cell Phone $ 175.00 Off -Site Storage $ 1,000.00 Gas Allowance $ 900.00 Non -Budgeted Expenses $ 1,750.00 SUB -TOTAL $ 21,936.64 RECEIVED ' TOTAL OPERATING BUDGET $ 147,407.77 S E P 16 2008 AIRPORT ADMIN. REPusu PARKING SVZTM EXECUTIVE OFFICES - SUITE 2000 - REPUBLIC CENTRE - CHATTANOOGA, TENNESSEE 37450 - 423/756-2771 - FAX 423/265-5728 September 12, 2008 Ms. Bevette Moore Airport Operations Key West International Airport 3491 S. Roosevelt Boulevard Key West, Florida 33040 Re: 2008 — 2009 Operating Budget Dear Bevette, Enclosed is our proposed operating budget for the contract year 2008 — 2009. This budget includes a slight decrease compared to last year's budgeted total amount. We look forward to another year serving the people of Monroe County and the visitors that frequent the Florida Keys. 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 C: James C. Berry Linda Kelleher RECEIVED SEP 16 2008 X. AIRPORT ADMIN. -