Current POM documents (FY 2012) - Financial Planning & Analysis

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Timeline of Physical Plant Rate Calculations Under Budget RestructuringFY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012Total Rate $8.19/ASF $8.82/ASF $9.63/ASF $10.51/ASF $12.36/ASF $13.56/ASF $14.36/ASF $14.98/ASF $15.48/ASF $15.48/ASFUtilities $3.60/ASF $4.19/ASF $4.81/ASF $5.54/ASF $7.22/ASF $7.97/ASF $8.38/ASF $8.69/ASF $8.74/ASF $8.07/ASFUtilitiesSurchargesMcCorkle:$0.03/ASFMcCorkle:$0.03/ASFMcCorkle:$0.03/ASFMcCorkle:$0.03/ASFMcCorkle:$0.03/ASFMcCorkle:$0.03/ASFRPAC:$0.04/ASFRPAC:$0.04/ASFRPAC:$0.04/ASFRPAC:$0.04/ASFBRT:$0.02/ASFBRT:$0.06/ASFBRT:$0.09/ASFBRT:$0.09/ASFMaintenance $2.50/ASF $2.52/ASF $2.61/ASF $2.73/ASF $2.76/ASF $2.97/ASF $3.16/ASF $3.32/ASF $3.48/ASF $3.50/ASFCustodial $2.09/ASF $2.11/ASF $2.15/ASF $2.12/ASF $2.19/ASF $2.37/ASF $2.47/ASF $2.52/ASF $2.56/ASF $2.57/ASFMaintenance& RenewalPreventiveMaintenancePriorityDeferredMaintenanceProjectsPOM SubsidySupportOfficeInflationaryIncrease100% ofInflationaryincrease$0.06/ASF $0.12/ASF $0.19/ASF $0.25/ASF $0.35/ASF $0.45/ASF $0.55/ASF $0.65/ASF100% ofInflationaryincrease100% ofInflationaryincrease75% ofInflationaryincrease50% ofInflationaryincrease50% ofInflationaryincrease50% ofInflationaryincrease$0.15/ASFFunded bycolleges$0.30/ASF$0.39/ASFFunded bycolleges4
Cost Pool DefinitionsUtilities Cost Pool: Costs of gas, fuel oil, metering/equipment installation, purchasedpower, water and sewerage, utilities chemicals, utilities repairs and renovation, utilitiesdebt service, operating expenses for utilities section of FOD. A Utility Reserve Fund isalso included in this cost pool to deal with unpredictable spikes in utility rates. The costsincluded in the Utilities cost pool are partially offset by the amount directly charged tocertain units for heat, power, and water, as well as by surcharges that are paid by theoccupants of the McCorkle Aquatic Center, Recreation and Physical Activity Center(RPAC) and Biomedical Research Tower due to the significantly higher utilities costs forthese buildings.Maintenance Cost Pool: Operating expenses for the maintenance section of FOD, aswell as the Repair and Renovation line, which is used for building maintenance projectsthat are too small for capital funding. Repair and Renovation funds are controlled andreleased by FOD.Custodial Cost Pool: Operating expenses for the custodial section of FOD and custodialcontract services.Deferred Maintenance/Renewal Cost Pool: These funds go into a restrictedendowment that is to be used only for scheduled maintenance and renewal of generalfunds space that was added after 2000. The first projects funded by this endowment willnot occur until 2015. This is charged to general funds assignable square feet that receivePOM Maintenance services, except BRT. This assessment is to increase by $0.10 perassignable square foot annually until it reaches $1.00.Preventive Maintenance Cost Pool: This funding is for maintenance that is performedwhen it is needed or scheduled, and therefore is not delayed or deferred to a futureperiod. It is funded through charges to the same ASF that are charged for DeferredMaintenance/ Renewal. This rate is to increase by $0.15 annually for five years.Priority Deferred Maintenance Projects Cost Pool: Funding for the university to catchup on certain major deferred maintenance projects that are currently necessary. It isfunded through charges to the same ASF that are charged for Deferred Maintenance/Renewal. This rate may be charged annually if desired.5
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Current POM documents (FY 2012) - Financial Planning & Analysis

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