APPENDIX C |
||
Storage Cost Calculation Methodology |
Methodology for Calculating Costs to Store State Government Records in the Records Center and Archives South |
|
Facility Costs/Records Center and Archives South: Both of these facilities are located in the state-owned property known as Supply System Warehouse, Building 38. According to the state archivist, combined, the two storage repositories occupy 26,585 square feet. To calculate the state’s cost for maintaining this space, we used Department of Administration and Information, Budget Division figures cited in the Statewide Cost Allocation Plan for the Fiscal Year Ending June 30, 1999. The costs in this plan are based upon lagging, FY 1997 costs. Using these figures, we calculated a $4.35 per square foot cost for depreciation and maintenance of the space in Building 38. Thus, we used a total cost of $115,644.75 for the square feet WSA occupies in Building 38. |
|
|
|
The cost estimate for a square
foot of office space also came from the A&I Budget Division Statewide
Cost Allocation Plan for the fiscal year ending June 30, 1999. We used figures from the Herschler and
Hathaway Buildings to generate a square foot cost, including depreciation,
utilities, and maintenance, of between $6.60-$6.70 a square foot. If agencies lease office space, they do so
at rates of between $7.50 and $14 per square foot, according to A&I
Facilities Management officials. |
|
|