PRESIDIO TRUST BUDGET
FISCAL YEAR 1999
Budget Summary
(Excluding Borrowing)
|
Gross Cash Flow (Inflows) |
$33.4M |
|
|
Leasing & Other Revenues |
$18.5M |
|
|
Appropriations |
14.9M |
|
|
Outflows (Expenditures) |
32.9M |
|
|
Operating Expenses |
22.4M |
|
|
Improvement Costs |
9.0M |
|
|
Contingency |
1.5M |
|
|
Net Cash Flow |
$0.5M |
Budget Summary
(Including Borrowing)
|
Gross Cash Flow (Inflows) |
$53.4M |
|
|
Leasing & Other Revenues |
$18.5M |
|
|
Appropriations |
14.9M |
|
|
Treasury Borrowing |
20.0M |
|
|
Outflows (Expenditures) |
52.9M |
|
|
Operating Expenses |
22.4M |
|
|
Improvement Costs |
9.0M |
|
|
Contingency |
1.5M |
|
|
Capital Projects |
19.6M |
|
|
Financing Costs |
0.4M |
|
|
Net Cash Flow |
$0.5M |
Sources of Leasing & Other Revenues
|
• Real Estate |
$12.6M |
||
|
– Residential |
$8.4M |
||
|
– Non-Residential |
4.2M |
||
|
• Utilities |
2.0M |
||
|
• PG&E Rebate |
0.4M |
||
|
• Telephone |
2.2M |
||
|
• SPUG |
0.1M |
||
|
• Demolition/Salvage |
1.2M |
||
|
Total |
$18.5M |
Residential Real Estate
Projected Revenues
|
• Existing Leases (NPS and Interim Tenants) |
144 |
$2.3M |
||
|
• DoD Housing |
251 |
1.7M |
||
|
• Wherry Housing |
316 |
3.1M |
||
|
• Other Housing |
120 |
1.3M |
||
|
Total |
831 |
$8.4M |
Note: Revenue increases over the year as units are leased up. Revenue is net of John Stewart Company management costs and fee.
Non-Residential Real Estate Projected Revenues
|
• Current Tenants |
$3.9M |
|
|
-- FEMA |
$1.0M |
|
|
-- Arnold Palmer |
1.3M |
|
|
-- S.F. Fire Department |
0.2M |
|
|
-- DECA (Commissary/PX) |
0.2M |
|
|
-- Other |
1.2M |
|
|
• New Tenants |
0.3M |
|
|
Total |
$4.2M |
Summary of Expenditures
|
• Admin/Operations |
29 |
$2.1M |
$2.1M |
$4.2M |
|
• Legal |
4 |
0.4M |
0.4M |
0.8M |
|
• Facilities |
104 |
4.9M |
7.2M |
12.1M |
|
• Real Estate & Planning |
15 |
1.2M |
1.4M |
2.6M |
|
• Park Police |
N/A |
N/A |
2.7M |
2.7M |
|
Total |
152 |
$8.6M |
$13.8M |
$22.4M |
Summary of Administration/Operations
|
• Mgmt\Common Costs |
11.0 |
$0.8M |
$0.9M |
$1.7M |
|
• Public Affairs |
1.0 |
0.1M |
0.4M |
0.5M |
|
• Human Resources |
3.0 |
0.2M |
0.1M |
0.3M |
|
• Information Systems |
1.0 |
0.1M |
0.2M |
0.3M |
|
• Library |
1.0 |
0.1M |
- |
0.1M |
|
• Budget\Accounting |
6.0 |
0.4M |
0.3M |
0.7M |
|
• Special Events\Projects |
3.0 |
0.2M |
0.2M |
0.4M |
|
• Contracting |
3.0 |
0.2M |
- |
0.2M |
|
Total |
29.0 |
$2.1M |
$2.1M |
$4.2M |
Summary of Facilities
|
• Non-Residential Building Maintenance |
4.9 |
$0.2M |
$0.2M |
$0.4M |
|
• Building Dept./ Compliance |
11.0 |
0.8M |
0.2M |
1.0M |
|
• Maintenance |
28.0 |
1.8M |
0.9M |
2.7M |
|
• Utilities |
18.7 |
1.3M |
5.1M |
6.4M |
|
• Demolition/ Salvage |
6.0 |
0.3M |
0.1M |
0.4M |
|
• Environmental |
6.0 |
0.5M |
0.7M |
1.2M |
|
• Construction |
29.0 |
N/A |
N/A |
N/A |
|
|
||||
|
Total |
103.6 |
$4.9M |
$7.2M |
$12.1M |
Note: Construction Costs are included on Improvements Slide
Summary of Real Estate and Planning
|
• Real Estate |
11.3 |
$0.8M |
$0.6M |
$1.4M |
|
• Planning |
4.0 |
0.4M |
0.8M |
1.2M |
|
|
||||
|
Total |
15.3 |
$1.2M |
$1.4M |
$2.6M |
Planned Improvements
(without Borrowing)
|
Residential |
$1.7M |
|
Non Residential |
3.6M |
|
Upgrade Telephone/Utilities |
3.7M |
|
Total |
$9.0M |