Title
Indirect Cost Recovery Methodologies
Recommended Action
City Manager Recommendation:
None. Briefing only.
Report
Issue:
Respond to Committee's request to review indirect cost recovery methodologies utilized by the City.
Staff Contact:
Dean Walz, Fiscal Services Director, Administrative Services Department, 360.753.8465
Presenter(s):
Dean Walz
Background and Analysis:
Current indirect and cost recovery include the following:
· Indirect overhead of Executive, Legal, Human Resources, City Clerk, Mail, Utility Billing, Accounting, and Information Services. This is allocated to city owned utilities, engineering overhead and parking services.
· Allocation of Public Works General Services (commonly referred to as the Director's Office) costs, to the various sections of Public Works.
· City Hall office space cost are computed for; direct use by staff of the three water resources utilities and the indirect overhead programs noted above. The costs include O&M and debt service for City Hall.
· Maintenance Center rent is computed for users of that facility. The rent includes O&M costs and a portion for long term maintenance.
· CP&D services to city owned utilities.
· PC usage.
Neighborhood/Community Interests (if known):
None.
Options:
Discussion only.
Financial Impact:
The 2014 General Fund budget includes $4,004,495 to be received from the above cost recoveries. Additionally, $75,073 is projected to be received by the Facilities Repair and Major Maintenance Fund from Maintenance Center rent charges in 2014.