10.1. UNALLOCATED COST DISTRIBUTION Chapter 10 UNALLOCATED COST DISTRIBUTION NARRATIVE

Size: px
Start display at page:

Download "10.1. UNALLOCATED COST DISTRIBUTION Chapter 10 UNALLOCATED COST DISTRIBUTION NARRATIVE"

Transcription

1 Chapter 10 UNALLOCATED COST DISTRIBUTION 10.1 NARRATIVE Costs that cannot be directly related to a specific road, construction/engineering project, or unit of equipment are considered unallocated costs. Every effort should be made to charge costs directly to the appropriate cost area before using the unallocated accounts. Unallocated costs are divided between two categories highway related and non-highway related. The highway related unallocated costs are divided into categories for administration, maintenance, construction/engineering and equipment. All engineering and administrative personnel time should be supported by timesheets to justify highway and non-highway related costs. ADMINISTRATIVE COSTS Administrative costs are expenses which are not directly attributable to a specific operation. These costs include expenses which benefit all roads currently and in the future. Any unapplied administrative costs will be included with the maintenance reporting by road system as unallocated. Examples of administrative costs are: * Administrative Salaries Engineering Computer Prog/Serv Contract ** Fringe Benefits Minor Office Furniture/Equipment Office Supplies and Expenses ** Offsetting Fringe Benefits applied to direct labor Railroad Inspection Road Studies Training and Education Travel & Lodging Utilities * A portion of the Engineer's salary may be moved to the construction area based on a fair estimate of the Engineer's time. You should have documentation on file as to how you determined this estimate. ** Fringe Benefits should have an offsetting account to record the credit for fringe benefits applied to direct labor. This offsetting credit is based on the fringe benefit rate calculation schedule included in this section.

2 10.2 FRINGE BENEFIT RATE CALCULATION The following steps should be followed to determine the fringe benefit rate calculation. Refer to the example below. 1. Isolate and identify all benefits for full time employees that are part of the County s employment package. Do not include any items that are not payroll related. 2. Identify the total labor dollars worked for full time employees. Exclude any wages for temporary or part-time employees that do not receive the County s normal benefit package. 3. Calculate the fringe benefit rate by dividing the fringe benefits by the total labor dollars for full time employees. Apply this rate factor to all direct labor dollars costed for the County Highway operations with an offsetting credit to the fringe application account in the Unallocated Administrative area. Example 20XX Fringe Benefits Disability Insurance 4, Health Benefits 40, Group Life Benefits 1, Accidental Death 0.00 P.E.R.A 45, Social Security 46, Unemployment Tax 4, Workers Comp. Taxes 24, Liability Insurance Salary adjustments, premium time, shift differential 41, Leave time vacation, sick, jury, and military 59, Total Fringe Benefit Costs $268, Total Labor Dollars = $815, Labor dollars should exclude temporary or part-time employees that do not receive a benefit package. In addition, labor dollars should not include vacation, sick leave, military leave, and jury duty that are included within fringe benefits. Fringe Benefit Rate = $268,508.52/$815, =

3 10.3 CONSTRUCTION COSTS Unallocated construction costs are expenses relating to construction operations that cannot be identified to a particular construction project. The costs in these accounts should be prorated to engineering based on total costs of the projects at year-end. If the County chooses, they may seek reimbursement of these engineering costs using their State Aid allocation. Examples of unallocated construction costs include: Alignment Surveys Cross Section Stock Piles Drafting Supplies Engineering Expense Engineering Field Work Field Engineering Supplies General Permits Road Studies Wetlands Bank/Mitigation MAINTENANCE COSTS Unallocated maintenance costs are maintenance expenses that are difficult to associate with a particular road. All efforts should be made to charge to the individual roads before using unallocated maintenance accounts. Maintenance costing accounts are listed in Chapter 14. After costs have been accumulated in each unallocated account they may be spread to the individual roads in the appropriate maintenance account. Unallocated maintenance costs may be distributed to the roads based on total mileage, system mileage, surface mileage, labor, or number of intersections, curves and hills. The formula used to distribute unallocated costs will be determined by the type of unallocated cost. Examples of unallocated maintenance costs include: Annual Bridge Inspections & Report Bridge Inspections Not related to a project Building Barricades Gravel (stockpiled, crushing, prospecting) Maintenance Supplies for specific maintenance accounts (brooms for minor surface maintenance sweeping) Salt and Sand, materials and mixing costs Sign Materials Straightening Sign Posts Traffic Studies/Counts Weight Restrictions Weight Scale Calibration

4 10.4 Most unallocated costs will be distributed by mileage, there are some costs that will be distributed based on special distribution formulas. Each county should develop a method of allocating materials they choose to spread that works best for them. Salt and sand is a good example of a special distribution formula. It is usually applied to bituminous or concrete surfaces only at intersections, curves and hills. A survey of all road systems should be done to determine the number of intersections, curves and hills on bituminous or concrete roads. Example: CSAH Regular: 120 intersections, 55 curves, 30 hills = 205 CSAH Municipal: 110 intersections, 20 curves, 3 hills = 133 County Roads: 30 intersections, 5 curves, 10 hills = 45 Based on this example, the percentage of salt and sand distributed to CSAH Regular would be 54%, CSAH Municipal would be 35% and county roads would be 11%. The salt and sand would be distributed to each road program based on the calculated percentages to bituminous or concrete surfaces only. Using this formula will place more costs on the CSAH Municipal roads since the number of CSAH Municipal miles are usually the least of the county s road systems. SHOP AND EQUIPMENT COSTS Unallocated shop and equipment costs are expenses relating to shop and equipment operations that cannot be identified to a particular unit. Examples of unallocated equipment costs include: Shop Overhead (Utilities) Shop Supplies & Small Tools Miscellaneous Repair Parts Building & Grounds Maintenance Inventory Adjustments for Fuel Inventory Adjustments for Parts and Replacements Inventory adjustment should be held to a minimum through the use of good inventory control and management. Inventory adjustments should become part of cost added to equipment and prorated back to the units in developing a rate or ultimately become an entry into adjustment to equalize depreciation.

5 10.5 NON-HIGHWAY RELATED COSTS Non-highway costs should be accumulated in the area for county dollars or authorized work for others. Non-highway related activities must not be included in the unallocated costs which are distributed to the road system. Non-highway costs may include costs associated with: Capital Outlay Ditch Fund for Flood Control Agricultural Inspection Work for Others Other Non-Highway Related Costs 911 Signing

TEXAS DEPARTMENT OF TRANSPORTATION. Fourth Quarter 2007

TEXAS DEPARTMENT OF TRANSPORTATION. Fourth Quarter 2007 TEXAS DEPARTMENT OF TRANSPORTATION Introduction This article is a supplement to the Guide to Contract Change Orders or CO Guide (published as a Tips article, 4th Qtr., 2006). Use this article along with

More information

5311 SAMPLE Expenses, Financial Data Report

5311 SAMPLE Expenses, Financial Data Report 5311 SAMPLE Expenses, Financial Data Report Admin this Operating this LABOR 501.01 Operator's Salaries & Wages - - - - - - 501.02 Training Salaries & Wages 501.03 Dispatcher's Salaries & Wages 501.04 Administrative

More information

Construction Accounting and Financial Management

Construction Accounting and Financial Management Debits and Credits Construction Accounting and Financial Management Chapter 3 Accounting Transactions Invoice (Materials) Charged to a Job without Retention 310 Accounts Payable-Trade (Credit) 610 Materials

More information

ANTRIM COUNTY TRANSPORTATION BASIC FINANCIAL STATEMENTS DECEMBER 31, 2005

ANTRIM COUNTY TRANSPORTATION BASIC FINANCIAL STATEMENTS DECEMBER 31, 2005 ANTRIM COUNTY TRANSPORTATION BASIC FINANCIAL STATEMENTS DECEMBER 31, 2005 ANTRIM COUNTY TRANSPORTATION TABLE OF CONTENTS PAGE Independent Auditor's Report 1 FINANCIAL STATEMENTS Statement of Net Assets

More information

TABLE OF CONTENTS CENTRAL SERVICES FUND

TABLE OF CONTENTS CENTRAL SERVICES FUND TABLE OF CONTENTS Central Services Fund Overview... 83 Income Summary with Requirements by Department and by Category... 83 Central Services Fund Resources... 84 Central Services Fund Resources Allocation

More information

MONTANA TECH EMPLOYEE BENEFITS

MONTANA TECH EMPLOYEE BENEFITS MONTANA TECH EMPLOYEE BENEFITS The following is a summary explanation of the payroll deductions and fringe benefits provided to eligible employees of Montana Tech. A. REQUIRED DEDUCTIONS 1. F.I.C.A. (SOCIAL

More information

INFORMATION TECHNOLOGY

INFORMATION TECHNOLOGY MISSION STATEMENT The Information Technology department provides technology, telecommunications and information systems leadership and strategic planning while ensuring efficient, cost effective implementation

More information

All Data Entry Forms may be downloaded from the State Aid Finance Website:

All Data Entry Forms may be downloaded from the State Aid Finance Website: DATA ENTRY FORMS All Data Entry Forms may be downloaded from the State Aid Finance Website: http://www.dot.state.mn.us/safinance They are in Excel format, you must have Excel 97 or newer to use these forms.

More information

City of Midland Adopted Annual Budget Line Item Detail for the Fiscal Year Ending June 30, 2017

City of Midland Adopted Annual Budget Line Item Detail for the Fiscal Year Ending June 30, 2017 This document contains the adopted annual budget line item detail for the City of Midland. It lists every individual account budgeted by the City. It is sorted by fund number and organized by the major

More information

General Ledger Account Explanations

General Ledger Account Explanations General Ledger Account Explanations 1040 Exchange - This account is used as a holding For example: when having to make a manual debit & credit to two accounts to offset each other, this account is used.

More information

Human Resources Division 29 th Floor 30 East Broad Street Columbus, Ohio 43215. August 19, 2003

Human Resources Division 29 th Floor 30 East Broad Street Columbus, Ohio 43215. August 19, 2003 Ohio Department of Administrative Services Bob Taft, Governor Scott Johnson, Director Human Resources Division 29 th Floor 30 East Broad Street Columbus, Ohio 43215 614.466.6915 voice 614.387.6058 fax

More information

Mobile Workforce Management Your Competitive Advantage

Mobile Workforce Management Your Competitive Advantage Mobile Workforce Management Your Competitive Advantage Presented by: Michael Kuhlman National Sales Director, Xora mkuhlman@xora.com 262.527.9945 Agenda What is Mobile Workforce Management? Why Mobile

More information

Michigan 47th District Court. Financial Report with Supplemental Information June 30, 2008

Michigan 47th District Court. Financial Report with Supplemental Information June 30, 2008 Financial Report with Supplemental Information June 30, 2008 Contents Report Letter 1-2 Management s Discussion and Analysis 3-6 Basic Financial Statements Governmental Fund Balance Sheet/Statement of

More information

ACCOUNTING SYSTEM REQUIREMENTS for PROFESSIONAL CONSULTANTS. Background and Authority

ACCOUNTING SYSTEM REQUIREMENTS for PROFESSIONAL CONSULTANTS. Background and Authority ACCOUNTING SYSTEM REQUIREMENTS for PROFESSIONAL CONSULTANTS The Office of Inspector General, Florida Department of Transportation, has prepared this Primer to illustrate and explain some required elements

More information

MCRC Project No.: 459-014-150332 459-014-150333

MCRC Project No.: 459-014-150332 459-014-150333 MCRC Project No.: 459-014-150332 459-014-150333 MONROE COUNTY ROAD COMMISSION AGREEMENT DESIGN SERVICES FOR HIGH FRICTION SURFACE TREATMENT RESURFACING Sylvania Petersburg Road and Deerfield Road THIS

More information

A contractor s chart of accounts is the heart of the accounting system. Of particular importance is the cost of sales section (beginning in the 41000

A contractor s chart of accounts is the heart of the accounting system. Of particular importance is the cost of sales section (beginning in the 41000 CHART OF ACCOUNTS A contractor s chart of accounts is the heart of the accounting system. Of particular importance is the cost of sales section (beginning in the 41000 series and ending in 43000). This

More information

Components Of A Business Plan

Components Of A Business Plan 1 Components Of A Business Plan Cover Page Table of Contents Statement of Purpose Description of the Business Competition Market Strategy Location Management Personnel Application and Expected Effect of

More information

EMPLOYEE BENEFIT SUMMARY

EMPLOYEE BENEFIT SUMMARY 2013 EMPLOYEE BENEFIT SUMMARY Retirement Employees can choose to participate in the Lamar Employee Pension Plan or Social Security. If the employee chooses to participate in the Lamar Employee Pension

More information

Tax Return Questionnaire - 2013 Tax Year

Tax Return Questionnaire - 2013 Tax Year Print this form out, take some time to fill it out, and bring it with you when you come to the office. This will save you time and money, and help us help you more effectively. Tax Return Questionnaire

More information

3. If you received any interest from a "Seller Financed" mortgage, provide: Name and Address of Payer Social Security Number Amount

3. If you received any interest from a Seller Financed mortgage, provide: Name and Address of Payer Social Security Number Amount Print this form out, take some time to fill it out, and bring it with you when you come to the office. This will save you time and money, and help us help you more effectively. Tax Return Questionnaire

More information

SIMPLIFIED BASIC CALCULATIONS FOR DEVELOPING FULLY LOADED HOURLY RATES

SIMPLIFIED BASIC CALCULATIONS FOR DEVELOPING FULLY LOADED HOURLY RATES SIMPLIFIED BASIC CALCULATIONS FOR DEVELOPING FULLY LOADED HOURLY RATES FOR A SMALL CONTRACTOR OF CONSULTING SERVICES AT A GOVERNMENT FACILITY Step 1: Assemble Direct and Indirect Costs Direct Costs are

More information

Educational Purposes Only - 1

Educational Purposes Only - 1 Educational Purposes Only - 1 In this Guide About this Guide 2 Fair Labor Laws and Policy at UAB 3 Nonexempt and Exempt Status 4 Managing Nonexempt and Exempt Employees _ 5 Paid Time 5 Recordkeeping 6

More information

QUESTIONS & ANSWERS LOG

QUESTIONS & ANSWERS LOG QUESTIONS & ANSWERS LOG AUTHORIZATION OF EXTRA WORK (AEW) Q: Is an Authorization of Extra Work form required for all increases in quantities, even for an FCP? A: An Authorization of Extra Work (AEW) form

More information

Chapter 5 Business Expenses

Chapter 5 Business Expenses Chapter 5 Business Expenses Key Concepts Trade or business expenses must be ordinary, necessary, and reasonable in amount to be deductible. Accrual-basis taxpayers deduct their expenses when the all-events

More information

WEST VIRGINIA DEPARTMENT OF TRANSPORTATION DIVISION OF HIGHWAYS A

WEST VIRGINIA DEPARTMENT OF TRANSPORTATION DIVISION OF HIGHWAYS A A Component Unit of the State of West Virginia and West Virginia Department of Transportation Audited Financial Statements with Additional Information For the Year Ended June 30, 2014 And Independent Auditor

More information

Oklahoma State University Policy and Procedures

Oklahoma State University Policy and Procedures Oklahoma State University Policy and Procedures ATTENDANCE AND LEAVE FOR STAFF 3-0713 ADMINISTRATION and FINANCE June 2008 PURPOSE 1.01 An integral part of the staff program for the University is a uniform

More information

Livingston County Michigan Human Resources Policy Manual

Livingston County Michigan Human Resources Policy Manual Livingston County Michigan Human Resources Policy Manual Section: Subject: A. POLICY 1. PURPOSE: To establish uniform procedures for claims and payments. 2. POLICY STATEMENT: Livingston County will provide

More information

WATER UTILITY REFERENCE MANUAL

WATER UTILITY REFERENCE MANUAL Utility Plant and Accumulated Depreciation Capitalization Policy Costs are capitalized in the utility plant accounts, rather than being expensed in the current year, if: the service life is more than one

More information

Example Accounting/Financial Policies

Example Accounting/Financial Policies Example Accounting/Financial Policies TABLE OF CONTENTS INTERNAL CONTROLS... 2 ACCESS TO RECORDS BY MEMBERS... 3 ACCOUNTING COMPUTER FILE BACK-UP PROCEDURE... 3 ACCOUNTING METHOD... 3 AUDIT COMMITTEE...

More information

Closing the Books Section 7 Accounting 11

Closing the Books Section 7 Accounting 11 Closing the Books At the end of a fiscal year once all the transactions for the entity have been recorded, the revenue and expense accounts must be closed out to a zero balance. These accounts have been

More information

OVERVIEW OF EMPLOYEE BENEFITS

OVERVIEW OF EMPLOYEE BENEFITS OVERVIEW OF EMPLOYEE BENEFITS The following is a summary of benefits as of October 1, 2015; please see the official Policy and Procedures manual for the City of Stafford or contact Human Resources for

More information

1420 n. CLAREMONT BLVD., SUITE 101-B TEL (909) 398-4737 CLAREMONT, CALIFORNIA 91711 FAX (909) 398-4733

1420 n. CLAREMONT BLVD., SUITE 101-B TEL (909) 398-4737 CLAREMONT, CALIFORNIA 91711 FAX (909) 398-4733 1420 n. CLAREMONT BLVD., SUITE 101-B TEL (909) 398-4737 CLAREMONT, CALIFORNIA 91711 FAX (909) 398-4733 www.nicholscpas.com Email: info@nicholscpas.com January 12, 2015 RE: 2014 Tax Returns It is hard to

More information

WORKERS' COMPENSATION INSURANCE

WORKERS' COMPENSATION INSURANCE Office of Information Technology Maine Employer s Mutual Insurance Company s (MEMIC) Rates The Bureau s website includes the following link to MEMIC s rates, charged per $100 of payroll for all classifications:

More information

QuickBooks for the Start-up Contractor

QuickBooks for the Start-up Contractor QuickBooks for the Start-up Contractor Agenda QuickBooks Overview Setting up QuickBooks General Ledger Payroll Customers/ s/ Jobs Using QuickBooks to Track Job Costs Break-Out Session Reporting QuickBooks

More information

Lili Marlene T. Tomen, Accounting Manager

Lili Marlene T. Tomen, Accounting Manager DATE April 27, 2016 Item #5 TO FROM SUBJECT GCTD Board of Directors Lili Marlene T. Tomen, Accounting Manager Consider Approval of Financial Statements & Schedule of Money Transfers for March, 2016 Attached

More information

S-Corporation Tax Organizer Form 1120-S

S-Corporation Tax Organizer Form 1120-S S-Corporation Tax Organizer Form 1120-S This organizer is provided to help you gather and organize information that will be needed in the preparation of your S-Corporation tax returns. If you are a first

More information

Payroll Inclusions & Exclusions

Payroll Inclusions & Exclusions Payroll Inclusions & Exclusions All information provided in this report and any documents ancillary thereto ("Report") are provided for information purposes only. Although the information found in this

More information

CHAPTER II GENERAL LEDGER ACCOUNTS

CHAPTER II GENERAL LEDGER ACCOUNTS CHAPTER II GENERAL LEDGER ACCOUNTS A general ledger is basic to an accounting system. The General Ledger of a fund is a summary record containing the balance of assets, liabilities, deferred revenues,

More information

APPENDIX D DISTRIBUTION WIRES ONLY RATE BASE

APPENDIX D DISTRIBUTION WIRES ONLY RATE BASE APPENDIX D PAGE 1 APPENDIX D DISTRIBUTION WIRES ONLY RATE BASE This appendix is composed of the following three parts: 1. Part I - Guidelines for determining the distribution or wires only assets and activities;

More information

SAMPLE INDIRECT COST PROPOSAL FORMAT FOR NONPROFIT ORGANIZATIONS

SAMPLE INDIRECT COST PROPOSAL FORMAT FOR NONPROFIT ORGANIZATIONS SAMPLE INDIRECT COST PROPOSAL FORMAT FOR NONPROFIT ORGANIZATIONS A. INTRODUCTION Name of Organization (nonprofit) is a nonprofit located in Anytown, USA. The nonprofit administers a variety of programs

More information

Tax Return Questionnaire - 2014 Tax Year

Tax Return Questionnaire - 2014 Tax Year Print this form out, take some time to fill it out, and bring it with you when you come to the office. This will save you time and money, and help us help you more effectively. Tax Return Questionnaire

More information

University of Texas Southwestern Medical Center at Dallas Expenditures by Category For the Six Months Ended February 28, 2011

University of Texas Southwestern Medical Center at Dallas Expenditures by Category For the Six Months Ended February 28, 2011 University of Texas Southwestern Medical Center at Dallas Expenditures by Category For the Six Months Ended February 28, 2011 Expense Type Code Description Amount Salaries and Wages 001 Faculty Full-Time

More information

Fact Sheet on the Payment of Salary Equal Rights Division Labor Standards Bureau

Fact Sheet on the Payment of Salary Equal Rights Division Labor Standards Bureau Equal Rights Division Labor Standards Bureau What is meant by salary? Salary is a regularly paid amount of money, constituting all or part of an employee s wages, paid on a weekly or less frequent basis,

More information

Procedure 20345: Moving and Relocation Expenses

Procedure 20345: Moving and Relocation Expenses Procedure 20345: Moving and Relocation Expenses The university may reimburse moving and relocation expenses in accordance with the Commonwealth of Virginia and Internal Revenue Service (IRS) policies and

More information

Financial Planning For the State Human Services Division of Illinois

Financial Planning For the State Human Services Division of Illinois Illinois Department of Human Services Division of Family and Community Services INSTRUCTIONS FY15 Youth Development Programming RFA Service Classification #3 Evidenced Based Demonstration Project - Supporting

More information

EMPLOYEE MANUAL. Elected Officials

EMPLOYEE MANUAL. Elected Officials EMPLOYEE MANUAL Elected Officials March 1, 2015 Table of Contents Preamble... 1 Compensation... 2 Hours of Work... 2 Length of Service... 2 Holidays... 2 Health/Dental/Vision Insurance... 3 Life Insurance...

More information

Job Costing & Reporting

Job Costing & Reporting Job Costing & Reporting Overview Jobs are used in QuickBooks to capture both costs and/or revenue related to projects that are in turn linked to customers. They can be used for internal cost only jobs

More information

Voluntary Short Term Disability Insurance

Voluntary Short Term Disability Insurance Voluntary Short Term Disability Insurance For Government of the District of Columbia Employees Answers To Your Questions About Coverage From Standard Insurance Company About This Booklet This booklet is

More information

BENEFITS SUMMARY. Physicians (Unit 1)

BENEFITS SUMMARY. Physicians (Unit 1) BENEFITS SUMMARY Physicians (Unit 1) THE BENEFITS OF WORKING AT THE CSU This summary provides an overview of systemwide benefits generally available to Physician (Unit 1) employees of the California State

More information

This chapter identifies points that you should consider as you evaluate the rates used to allocate indirect costs to various cost objectives.

This chapter identifies points that you should consider as you evaluate the rates used to allocate indirect costs to various cost objectives. Ch 9 - Analyzing Indirect Costs 9.0 - Chapter Introduction 9.1 - Identifying Pools And Bases For Rate Development o 9.1.1 - Identifying Indirect Cost Pools o 9.1.2 - Identifying Indirect Cost Allocation

More information

The Change in Status is used to start, suspend or resume time charges on a project or to indicate that the project is completed.

The Change in Status is used to start, suspend or resume time charges on a project or to indicate that the project is completed. CONSTRUCTION STATUS The Change in Status is used to start, suspend or resume time charges on a project or to indicate that the project is completed. Depending on the type of completion date shown in the

More information

Compensation Methods for Architectural Services

Compensation Methods for Architectural Services Compensation Methods for Architectural Services Compensation Methods for Architectural Services By: Thomas R. Gossen, AIA, PE Secretary/Treasurer and Chief Operating Officer Gossen Livingston Associates,

More information

International Accounting Standard 19 Employee Benefits

International Accounting Standard 19 Employee Benefits International Accounting Standard 19 Employee Benefits Objective The objective of this Standard is to prescribe the accounting and disclosure for employee benefits. The Standard requires an entity to recognise:

More information

Billings Public Schools FREQUENTLY ASKED QUESTIONS:

Billings Public Schools FREQUENTLY ASKED QUESTIONS: Billings Public Schools FREQUENTLY ASKED QUESTIONS: EMPLOYEE COMPENSATION 1. What categories of employees does the District hire, and how are they organized? Three different collective bargaining associations

More information

2016 Proposed Budget

2016 Proposed Budget Revenue 301 Real Property Taxes 301.00 Real Estate Taxes 661,079 301.20 Real Estate Taxes Prior 3,000 301.30 Real Estate Taxes Delinquent 15,000 Sub-Total $679,079 310 Local Enabling Taxes 310.10 Real

More information

Breakeven In Four Easy Steps How To Calculate Your Breakeven On Labor (Short Form)

Breakeven In Four Easy Steps How To Calculate Your Breakeven On Labor (Short Form) Step 2: Lost Days: Breakeven In Four Easy Steps How To Calculate Your Breakeven On Labor (Short Form) Calculation for Department: Why This Worksheet Most HVAC, plumbing, electrical, and related companies

More information

FULLER LANDAU LLP. Tax Return Questionnaire - 2014 Tax Year. Name and Address: Social Security Occupation Number:

FULLER LANDAU LLP. Tax Return Questionnaire - 2014 Tax Year. Name and Address: Social Security Occupation Number: FULLER LANDAU LLP Print this form out, take some time to fill it out, and bring it with you when you come to the office. This will save you time and money, and help us help you more effectively. Tax Return

More information

City of Butler, Pennsylvania Fiscal Year 2014 General Fund Budget (Fund 01)

City of Butler, Pennsylvania Fiscal Year 2014 General Fund Budget (Fund 01) Mayor's Office Mayor's Salary $ 10,000 Printing & Promotions Office Supplies Travel Expenses Total 10,000 City Solicitor Solicitor's Salary 36,745 Office Supplies Total 36,745 Office of the City Clerk

More information

Study Guide - Final Exam Accounting I

Study Guide - Final Exam Accounting I Study Guide - Final Exam Accounting I True/False Indicate whether the sentence or statement is true or false. 1. Entries in a sales journal affect account balances in both the accounts receivable ledger

More information

2014 APWA NATIONAL TORONTO 8/17/2014

2014 APWA NATIONAL TORONTO 8/17/2014 The True Cost of Your Maintenance Activities Consulting, Inc. Mary Joyce Ivers, CPFP, PWLF City of Ventura Kurt B. Lind Mesa Water District Billy Wright LA Consulting APWA National Toronto August 17, 2014

More information

Instructions for the Automated Administrative Budget Sponsors of Day Care Homes and Sponsors of Unaffiliated Centers

Instructions for the Automated Administrative Budget Sponsors of Day Care Homes and Sponsors of Unaffiliated Centers CHILD CARE FOOD PROGRAM (CCFP) Instructions for the Automated Administrative Budget Sponsors of Day Care Homes and Sponsors of Unaffiliated Centers The automated administrative budget is available on the

More information

Assumptions Worksheet

Assumptions Worksheet Cash Budget, Page 1 Exhibit IV Cash Budget Assumptions Worksheet Name of Business: Preparer: Date: Use these guidelines in preparing your assumptions: Minimum Cash Balance 1. The amount of cash required

More information

Month End Protocols Preparation for Monthly Financial Statements

Month End Protocols Preparation for Monthly Financial Statements Month End Protocols Preparation for Monthly Financial Statements General Notes for Month / Year End Protocols For Small or Midsized Nonprofit Organizations MONTHLY A good rule of thumb is to print a trial

More information

Examples of Private Sector Company Lump Sum Programs

Examples of Private Sector Company Lump Sum Programs Appendix V Appendix V Examples of Private Sector Company Lump Sum Programs The following highlights information about private sector companies experiences with lump sum payments based on articles that

More information

BENEFITS SUMMARY. Academic Support (Unit 4)

BENEFITS SUMMARY. Academic Support (Unit 4) BENEFITS SUMMARY Academic Support (Unit 4) THE BENEFITS OF WORKING AT THE CSU This summary provides an overview of systemwide benefits generally available to Academic Support (Unit 4) employees of the

More information

HIGHWAYS AND PUBLIC IMPROVEMENTS DEPARTMENT

HIGHWAYS AND PUBLIC IMPROVEMENTS DEPARTMENT HIGHWAYS AND PUBLIC IMPROVEMENTS DEPARTMENT 181 182 PUBLIC WORKS 183 PUBLIC WORKS PLANNING PERIOD: FY2010-11 THROUGH FY2014-15 FISCAL BUDGET PLANNING YEAR: FY2012-13 FUND: General Fund COST CENTER NUMBER

More information

Partnership & LLC s Tax Organizer Form 1065

Partnership & LLC s Tax Organizer Form 1065 Partnership & LLC s Tax Organizer Form 1065 This organizer is provided to help you gather and organize information that will be needed in the preparation of your partnership tax returns. If you are a first

More information

Exercise 17-1 (15 minutes)

Exercise 17-1 (15 minutes) Exercise 17-1 (15 minutes) 1. 2002 2001 Sales... 100.0% 100.0 % Less cost of goods sold... 63.2 60.0 Gross margin... 36.8 40.0 Selling expenses... 18.0 17.5 Administrative expenses... 13.6 14.6 Total expenses...

More information

What is a cost? What is an expense?

What is a cost? What is an expense? What is a cost? What is an expense? A cost is a sacrifice of resources. An expense is a cost incurred in the process of generating revenues. Expenses are recorded at the same time that the associated revenues

More information

The FHLBI may, in its discretion, allow applicants to follow the income guidelines of other funding sources where differences exist.

The FHLBI may, in its discretion, allow applicants to follow the income guidelines of other funding sources where differences exist. Attachment D Income Guidelines For all FHLBI Affordable Housing Program (AHP) projects (including competitive AHP and the Homeownership Set-aside Programs) sponsors and members are required to use the

More information

CC.2.1.HS.F.5 -- Essential Choose a level of accuracy appropriate to limitations on measurement when reporting quantities. 1 -- Essential. them.

CC.2.1.HS.F.5 -- Essential Choose a level of accuracy appropriate to limitations on measurement when reporting quantities. 1 -- Essential. them. Topic: 04-Business Expense Management Know: Understand: Do: CC.2.1.HS.F.5 -- Essential Choose a level of accuracy appropriate to limitations on measurement when reporting quantities. CC.2.2.HS.D.8 -- Essential

More information

Recommended Salary Guidelines and Group Benefits Information for 2014!

Recommended Salary Guidelines and Group Benefits Information for 2014! Recommended Salary Guidelines and Group Benefits Information for 2014 Manitoba Baptist Association The Recommended Salary Guidelines have been developed with the goal of fairly compensating pastors for

More information

Tax Preparation Checklist

Tax Preparation Checklist Tax Preparation Checklist Being prepared for tax season could expedite your return and reduce your taxes. We have prepared a list of common items that are present with most returns. Taxpayer Checklist

More information

REIMBURSEMENT PROCEDURE for FEMA PUBLIC ASSISTANCE

REIMBURSEMENT PROCEDURE for FEMA PUBLIC ASSISTANCE REIMBURSEMENT PROCEDURE for FEMA PUBLIC ASSISTANCE Financial Assistance Availability The impact of major or catastrophic emergencies can exceed local financial resources. Financial aid and assistance may

More information

2013 Benefit Summary for Part-Time Non-Exempt Staff

2013 Benefit Summary for Part-Time Non-Exempt Staff s Pension Plan 2013 Benefit Summary for Part-Time Non-Exempt Staff BENEFIT WHO PAYS EFFECTIVE DESCRIPTION Age 21 and after completing 1, 000 hours in the first 12 months of employment or any subsequent

More information

08.211 COMPENSATORY TIME (OVERTIME)

08.211 COMPENSATORY TIME (OVERTIME) 08.211 COMPENSATORY TIME (OVERTIME) Authority: History: Source of Authority: Related Links: Chancellor Revised November 2012,Revised December 1, 2009; Revised and reformatted, January 1, 2007; Supersedes

More information

Provisional Billing Rates. Beth Citeroni Acquisition Cost/Price Analyst

Provisional Billing Rates. Beth Citeroni Acquisition Cost/Price Analyst Provisional Billing Rates Beth Citeroni Acquisition Cost/Price Analyst Definition FAR 42.701 Provisional rate or billing rate is an established temporary indirect rate applicable to a specified period

More information

Accounting Basics, Part 1

Accounting Basics, Part 1 Accounting Basics, Part 1 Accrual, Double-Entry Accounting, Debits & Credits, Chart of Accounts, Journals and, Ledger Part 1 What s Here Introduction Business Types Business Organization Professional Advice

More information

APPLICATION FOR SELF INSURANCE

APPLICATION FOR SELF INSURANCE Date submitted STATE OF UTAH UTAH LABOR COMMISSION DIVISION OF INDUSTRIAL ACCIDENTS APPLICATION FOR SELF INSURANCE Name: FEIN# Applicant Organization Name hereby applies for the privilege of being a self-insurer

More information

WAGNER ACCOUNTING & TAX SERVICE, INC.

WAGNER ACCOUNTING & TAX SERVICE, INC. WAGNER ACCOUNTING & TAX SERVICE, INC. 999 Century Drive, Suite 5 Dubuque, Iowa 52002 (563) 556-4508 Fax (563) 556-0407 www.wagneracct.com 2014 Income Tax Information Organizer To Our Valued Tax Clients:

More information

Account Numbering. By separating each account by several numbers, many new accounts can be added between any two while maintaining the logical order.

Account Numbering. By separating each account by several numbers, many new accounts can be added between any two while maintaining the logical order. Chart of Accounts The chart of accounts is a listing of all the accounts in the general ledger, each account accompanied by a reference number. To set up a chart of accounts, one first needs to define

More information

5 ALTERNATIVE SOLUTIONS AND EVALUATION

5 ALTERNATIVE SOLUTIONS AND EVALUATION Page 23 5 ALTERNATIVE SOLUTIONS AND EVALUATION The process used for the assessment and evaluation of the alternatives follows the procedures of the Municipal Class EA, as described below: Identify a reasonable

More information

TITLE COMPANY STATISTICAL REPORT INSTRUCTIONS AND DEFINITIONS FOR AGENTS STATE OF WASHINGTON

TITLE COMPANY STATISTICAL REPORT INSTRUCTIONS AND DEFINITIONS FOR AGENTS STATE OF WASHINGTON TITLE COMPANY STATISTICAL REPORT INSTRUCTIONS AND DEFINITIONS FOR AGENTS STATE OF WASHINGTON All title insurance agencies, whether independent (non-affiliated) or affiliated, must complete a separate Title

More information

J.R. Huston Enterprises, Inc.

J.R. Huston Enterprises, Inc. From: POC: J.R. Huston Enterprises, Inc. Jim Huston, 303-794-9597, jhuston@jrhuston.biz, www.jrhuston.biz Rev date: 12-29-2004 Format: Topic/title: MS Word How to Calculate Labor Burden *********************************

More information

March 19, 2015 HCFA 1

March 19, 2015 HCFA 1 ABD EARNED INCOME Legal Authority: Social Security Act, Sections 1611 and 1612; 20 CFR 416.1100 1. Policy Statement Earned income is compensation an individual receives for the performance of services

More information

City of Garden Grove. Fire (Non-Management) Safety Employee Benefits. January 2015

City of Garden Grove. Fire (Non-Management) Safety Employee Benefits. January 2015 City of Garden Grove Fire (Non-Management) Safety Employee Benefits Holidays Fire suppression employees have a bank of 156 hours per calendar year. Employees assigned to a forty-hour schedule receive an

More information

White Goods Accounting Worksheet

White Goods Accounting Worksheet White Goods Accounting Worksheet The following worksheet was designed to help North Carolina counties accurately determine the annual reportable costs for managing white goods. Two tables are included

More information

S Corporation Tax Organizer

S Corporation Tax Organizer S Corporation Tax Organizer CLIENT INFORMATION S Corporation Name: Email: Date of Incorporation: EIN#: Best Phone#: Corporate Address: Tax Period City: State: ZIP Code: What date was the corporation first

More information

COMPREHENSIVE AGREEMENT FOR SIOUX CITY EDUCATION SERVICE CENTER ADMINISTRATIVE ASSISTANTS JULY 1, 2014- JUNE 30, 2015

COMPREHENSIVE AGREEMENT FOR SIOUX CITY EDUCATION SERVICE CENTER ADMINISTRATIVE ASSISTANTS JULY 1, 2014- JUNE 30, 2015 COMPREHENSIVE AGREEMENT FOR SIOUX CITY EDUCATION SERVICE CENTER ADMINISTRATIVE ASSISTANTS JULY 1, 2014- JUNE 30, 2015 All full-time employees working 30 hours or more per week are eligible for the regular

More information

VOLUME 4, CHAPTER 20: JOB ORDER COST ACCOUNTING SUMMARY OF MAJOR CHANGES. All changes are denoted by blue font.

VOLUME 4, CHAPTER 20: JOB ORDER COST ACCOUNTING SUMMARY OF MAJOR CHANGES. All changes are denoted by blue font. VOLUME 4, CHAPTER 20: JOB ORDER COST ACCOUNTING SUMMARY OF MAJOR CHANGES All changes are denoted by blue font. Substantive revisions are denoted by a * preceding the section, paragraph, table, or figure

More information

LONGEVITY PAY PLAN FOR COLLEGE PERSONNEL

LONGEVITY PAY PLAN FOR COLLEGE PERSONNEL LONGEVITY PAY PLAN FOR COLLEGE PERSONNEL Employees of colleges in the North Carolina Community College System assigned to permanent full-time or permanent part-time positions shall receive longevity pay

More information

Index SEIU, Local 1021 & Sonoma County Junior College District

Index SEIU, Local 1021 & Sonoma County Junior College District AGREEMENT, 1 Copies of, to unit members, 14 APPENDICES, 127-172 A) Salary Schedule, Classified, 127 B) Employee Benefits Comparison, 131 C) Interdepartmental Transfer/Promotion Request Form, 133 D) Evaluation

More information

Chapter 15 PAYROLL 15-1

Chapter 15 PAYROLL 15-1 Chapter 15 PAYROLL Payroll responsibility varies from municipality to municipality. In smaller municipalities the Clerk- Treasurer is responsible for payroll preparation and maintenance of records. In

More information

Buy-up Short Term Disability Insurance

Buy-up Short Term Disability Insurance Buy-up Short Term Disability Insurance Answers to your questions about coverage from Standard Insurance Company For the Employees of Douglas County School District About This Booklet This booklet is designed

More information

The University of Georgia

The University of Georgia The University of Georgia Center for Agribusiness and Economic Development College of Agricultural and Environmental Sciences Estimating a Business Opportunity s Economic Vitality DRAFT Prepared by: Kent

More information

TRANSACTIONS ANALYSIS EXAMPLE. Maxwell Partners Medical Diagnostic Services report the following information for 2011, their first year of operations:

TRANSACTIONS ANALYSIS EXAMPLE. Maxwell Partners Medical Diagnostic Services report the following information for 2011, their first year of operations: TRANSACTIONS ANALYSIS EXAMPLE Maxwell Partners Medical Diagnostic Services report the following information for 2011, their first year of operations: 1. Billings to clients for services provided: $350,000

More information

Small Business Tax Issues

Small Business Tax Issues Small Business Tax Issues Presenter: Julie Herman-Wiese Business Development Manager H&R Block and Fill in tax preparer Julie.Hermanwiese@hrblock.com 253.656.1379 Prior to H&R Block: Ran my own consulting

More information

SUFFOLK COUNTY COMMUNITY COLLEGE EXEMPT SALARY AND BENEFIT PLAN

SUFFOLK COUNTY COMMUNITY COLLEGE EXEMPT SALARY AND BENEFIT PLAN SUFFOLK COUNTY COMMUNITY COLLEGE EXEMPT SALARY AND BENEFIT PLAN New York State Education Law and the State University of New York regulations promulgated in accordance with such law authorize and direct

More information

Object Code Numbers: Object Descriptions: SECTION M EXPENDITURE / EXPENSE FUNCTION AND OBJECT CODES

Object Code Numbers: Object Descriptions: SECTION M EXPENDITURE / EXPENSE FUNCTION AND OBJECT CODES SECTION M EXPENDITURE / EXPENSE FUNCTION AND OBJECT CODES Revised 8/2009 Personal Services - Salaries 111 Teachers and Professional Personnel 112 Teachers Aids 113 Clerical 114-119 Other Employees 121

More information

Capital Area Council of Governments FY 2015 Cost Allocation Plan

Capital Area Council of Governments FY 2015 Cost Allocation Plan Capital Area Council of Governments FY 2015 Cost Allocation Plan The Capital Area Council of Governments uses the cost allocation method prescribed in OMB Circular A 87, Department of Health and Human

More information