ERIC Number: ED180506
Record Type: RIE
Publication Date: 1979
Reference Count: 0
Analysis of "Operation of the Plant" Expenses 1970-78 [and] Maintenance and Repair Cost Study for the College: E & G Maintenance and Capital Repair Costs; Historical from 1974-75 through 1977-78; Projections 1978-79 through 1983-85. Institutional Research Report No. 78/79-11.
Mississippi Gulf Coast Junior Coll., Perkinston.
Two Mississippi Gulf Coast Junior College institutional research reports are presented, delineating "Operation of the Plant" expenses for 1970-78 and analyzing past and projected maintenance and capital expenditure repair costs. Data in the first report reveal that the percentage of the Unrestricted Educational and General Budget consumed by "Operation of the Plant" expenses rose from 10.9% in 1971 to 16.5% in 1978, well above the 15% standard used by the college for many years. Electricity and gas price increases, averaging 38.5% annually, as well as an increase in the square feet to be heated, cooled, and maintained, were the major contributors to this increase in expenditures. Data in the second report indicate that: (1) maintenance costs, which rose from $138,600 in 1971 to $389,085 in 1978, will steadily increase to a possible high of $659,196 in 1984; (2) capital expenditure repair costs, though fluctuating as funds are provided by the Building Committee and the full Board, will rise to $472,000 in 1984 from $20,230 in 1974; and (3) combined maintenance and repair costs will rise to $1,131,196 by 1984. Growth in students, additional buildings, and inflation account for most of this increase. Data tables are presented throughout the document. (JP)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Mississippi Gulf Coast Junior Coll., Perkinston.