budget for aviation and dulles corridor enterprise funds

2012 BUDGETMetropolitan Washington Airports AuthorityCONSOLIDATED FUNCTIONSOperating ExpensesTable 3-32 2011 2012 DifferencePersonnel Compensation and Benefits $ 44,235,000 $ 44,430,000 $ 195,000Other Operating Expenses 47,297,000 46,538,000 (759,000)Total Consolidated Functions Operating Expenses $ 91,532,000 $ 90,968,000 $ (564,000)The funding requirements for Consolidated Functions’ operating expenses will decrease by$564.0 thousand in 2012.Personnel Compensation and Benefits Expenses .............................................. $195,000 A decrease of $45.0 thousand for personnel compensation is a net of an increase inspecial achievements awards, a 2.5percent increase for Performance ManagementPartnership, a decrease in Student Program, and an increase in budgeted allocation tothe Dulles Corridor Enterprise Fund.An increase of $240.5 thousand in employee benefits reflects an increase in retirement(FICA) and health insurance offset by an increase in allocation to the Dulles CorridorEnterprise Fund.Other Operating Expenses .................................................................................... $(759,000) An increase of $75.0 thousand for other lease and rental payments relates to anincrease in Airport Lease payment to the Federal government. An increase of $787.0 thousand pertains to various contractual services that includeERP related costs, audit and consulting services, and cost allocation. The net cost for the 45025 Aviation Drive is projected to decrease by $436.5 thousanddue to an increased vacancy rate resulting in decreased rent revenue. The decrease of $215.0 thousand in telecommunications is due to a reduction inmanagement fees. Dulles East Building is projected to bring $997.6 thousand of revenue in 2012. An increase of $74.0 in non-capital equipment is a result of Public Safety furniture andequipment.A decrease of $26.1 thousand in general travel.73