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Tower Costs 1997-2000 Texas to t Housing Corporation ® Tower Incremental Variable Costs of Room and at the Tower For Fiscal Year 2000, 1999, 1 1 2990111 1999 2 1 19 4 Maintenance Costs $200 $200 $200 $200 Activity Fees 424 (A) 350 350 350 Food Cost 1277 (B) 1017 (C) 1065(D) 711 (E) Energy Costs (Incremental amount considered insignificant) 0 0 0 0 Incremental cost per student for room and,board $1,901 $1,567 $1,615 $1,261 (1) Based on 695 student leases at 10-1-99 for academic year 99-00 which is an 82% leased rate, while the budget was based on 683 leases. (2) Based on 838 student leases for academic year 98-99 as of 9-28-98, which reflects a 99.9% occupancy or 3 available spaces unoccupied. (3) Based on 608 student lease for academic year 97-98 at 9-15-97, which represents a 70% occupancy rate. (4) Based on 787 student leases for academic year 96-97 which is 95% leased rate at 9-96. Note- Forum non-pool sided double occupancy rate for academic year 1998-1999 was $4400 (lowest rate per rate schedule) *-This schedule assumes that similar account coding for food and food related costs were consistent from year to year, thus allowing for a proper total food service cost to be used each year in calculating the average per student. (A) - $294,353/695 student leases (B) - $887,745/695 student leases (C) - $852,044/838 student leases (D) - $647,804/608 student leases (E) - $559,327/787 student leases