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<br /> FRANCHISE AGREEMENT FOR COLLECTION SERVICES ATTACHMENT N
<br /> Cost Projection: Next Rate Year vs. Current Year EXAMPLE - FOR ILLUSTRATION PURPOSES ONLY
<br /> Combined Collection - SBWMA SUMMARY
<br /> A. SBWMA SUMMARY
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<br /> Annual Cost of Operations
<br /> Direct Labor- Related Costs
<br /> Wages for CBAs 12,180,646 14,367,375 2,186,728 18.0%
<br /> Benefits for CBAs 3,782,561 4,425,358 642,797 17.0%
<br /> Payroll Taxes 1,012,978 1,195,366 182,388 18.0%
<br /> Workers Compensation Insurance 1,218,046 1,307,879 89,833 7.4%
<br /> Total Direct Labor Related -Costs 18,194,231 21,295,977 3,101,746 60.3%
<br /> Direct Fuel Costs 3,361,635 2,748,036 (613,599) -18.3%
<br /> Other Direct Costs 1,959,869 2,050,911 91,042 4.6%
<br /> Depreciation
<br /> - Collection Vehicles 3,680,736 3,905,261 224,525 6.1%
<br /> - Containers 2,160,702 2,292,505 131,803 6.1%
<br /> Total Depreciation 5,841,438 6,197,766 356,328 6.1%
<br /> Allocated Indirect Costs excluding Depreciation
<br /> General and Administrative 5,970,593 6,369,065 398,472 6.7%
<br /> Operations 1,510,853 1,624,603 113,750 7.5%
<br /> Vehicle Maintenance 2,236,261 2,549,498 313,237 14.0%
<br /> Container Maintenance 787,633 848,526 60,893 7.7%
<br /> Total Allocated Indirect Costs excluding Depreciation 10,505,341 11,391,692 886,351 8.4%
<br /> Total Allocated Indirect Depreciation Costs 166,018 176,145 10,127 6.1%
<br /> Annual Implementation Cost Amortization 217,225 224,016 6,791 3.1%
<br /> Total Annual Cost of Operations 40,245,755 44,084,542 3,838,787 9.5%
<br /> Profit 4,224,692 4,627,659 402 967 9.5%
<br /> Operating Ratio 90.5% 90.5%
<br /> Total Operating Costs 44,470,447 48,712,201 4,241,754 9.5%
<br /> Contractor Pass - Through Costs
<br /> Regulatory Agency Fees - - -
<br /> Interest Expense 2,990,538 3,172,961 182,423 6.1%
<br /> Interest Expense on Implementation Cost 115,290 115,290 - 0.0%
<br /> Total Contractor Pass - Through Costs 3,105,828 3,288,251 182,423 5.9%
<br /> TOTAL CONTRACTOR'S COMPENSATION 47,576,275 52,000,452 4,424,176 9.3%
<br /> Other Pass - Through Costs
<br /> Disposal & Processing Fees - - -
<br /> Agency Franchise Fees - - -
<br /> Total Other Pass - Through Costs - - -
<br /> TOTAL REVENUE REQUIREMENT
<br /> FRANCHISE AGREEMENT FOR COLLECTION SERVICES WITH RECOLOGY SAN MATEO PAGE 4 OF 38
<br /> ATTACHMENT N - CONTRACTOR'S COMPENSATION
<br /> CITY OF REDWOOD CITY
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