Recommended Budget Volume One.book - Chief Executive Office ...

Rent Expense
Rent Expense Budget Summary
I
RENT EXPENSE BUDGET SUMMARY
Mission Statement
This budget provides centralized financing of real property
lease payments, annual obligations for long-term debt
financing of capital construction, and other costs necessary to
facilitate real property management. With the exception of the
Emergency Operations Center, the Walt Disney Concert Hall
garage, Hall of Justice, the Coroner building, the South Health
Center, Patriotic Hall, the Internal Services Department (ISD)
Data Center, and various incidental costs related to real
property, all federally allowable lease and debt services costs
are financed from respective departmental operating budgets
of the benefitting departments.
Changes From 2010-11 Budget
2011-12 Budget Message
RENT EXPENSE
Budget Summaries
FY 2009-10 FY 2010-11 FY 2010-11 FY 2011-12 FY 2011-12 CHANGE FROM
CLASSIFICATION ACTUAL ESTIMATED BUDGET REQUESTED RECOMMENDED BUDGET
FINANCING USES
SERVICES & SUPPLIES $ 184,607,497.79 $ 190,730,000 $ 214,522,000 $ 216,032,000 $ 216,032,000 $ 1,510,000
S & S EXPENDITURE DISTRIBUTION (173,033,521.71) (177,365,000) (200,734,000) (201,782,000) (201,782,000) (1,048,000)
TOTAL S & S 11,573,976.08 13,365,000 13,788,000 14,250,000 14,250,000 462,000
OTHER CHARGES 124,589,927.32 141,945,000 141,945,000 214,866,000 216,396,000 74,451,000
OC EXPENDITURE DISTRIBUTION (121,344,462.17) (137,919,000) (137,919,000) (155,497,000) (155,497,000) (17,578,000)
TOTAL OTH CHARGES 3,245,465.15 4,026,000 4,026,000 59,369,000 60,899,000 56,873,000
GROSS TOTAL $ 14,819,441.23 $ 17,391,000 $ 17,814,000 $ 73,619,000 $ 75,149,000 $ 57,335,000
NET TOTAL $ 14,819,441.23 $ 17,391,000 $ 17,814,000 $ 73,619,000 $ 75,149,000 $ 57,335,000
REVENUE 3,445,666.53 4,274,000 4,274,000 40,745,000 40,935,000 36,661,000
NET COUNTY COST $ 11,373,774.70 $ 13,117,000 $ 13,540,000 $ 32,874,000 $ 34,214,000 $ 20,674,000
FUND FUNCTION ACTIVITY
GENERAL FUND GENERAL PROPERTY MANAGEMENT
Gross
Appropriation
($)
The 2011-12 Recommended Budget reflects a $20.7 million
increase in net County cost due primarily to the debt service for
capital projects for the Hall of Justice, the Coroner building,
Patriotic Hall, the South Health Center, Harbor-UCLA and Olive
View Medical Center campuses and the ancillary costs related
to commercial paper primarily used for the ISD Data Center.
Expenditure
Distribution/
IFT
($)
Revenue
($)
Net
County Cost
($)
2010-11 Final Adopted Budget
Other Changes
356,467,000 338,653,000 4,274,000 13,540,000 0.0
1. New Projects: Reflects an increase for new debt
services costs for new capital projects at the Hall of
Justice, Coroner building, Patriotic Hall, South Health
Center, Olive View Medical Center, Harbor-UCLA and the
ISD Data Center offset by federal interest subsidy from
Build America Bonds.
69,061,000 26,014,000 22,703,000 20,344,000 --
FY 2011-12 Recommended Budget Volume One 55.1 County of Los Angeles
Budg
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