Page 9 - CHC Annual Report - 2013

2013 Non Profit Families Capital Improvements 2013 Non Profit Families Maintenance & Service Expenditures $449,388 $1,028,261 1% Unit Refurbishment 1% Floor Replacement 2% 393,151.58 $134,290.00 General M&S 12% 6% 132,523.25 Appliance Replacement Heating, Plumbing & $37,001.54 30% 38% Electrical 171,866.78 11% Roof Replacements 23% Grounds 229,853.81 $123,423.69 CO Dectectors Maintenance $49,746.79 64,243.52 11% Waste Removal MUA Unit Replacement $49,044.11 17% 14,852.92 8% 13% Elevators 16,523.17 Solar $52,244.09 27% Other $3,637.92 2013 Non Profit Seniors Capital Improvements 2013 Non Profit Seniors Maintenance & Service Expenditures $ 458,775 $591,225 Floor Replacements $53,718.17 2% 1% Unit Refurbishment Appliance Replacement $114,652.87 $21,430.64 4% 11% 12% Elevator Upgrade 7% General M&S $59,750.25 $42,478.00 19% 6% 5% CO Dectectors $8,628.33 Heating, Plumbing & Electrical $152,802.74 6% 9% Parking Garage Ramp $44,927.96 Grounds $181,790.18 Windows $62,143.48 10% 2% Maintenance $42,279.67 Electrical & Generator 15% 31% 10% $48,819.65 Security Lighting Waste Removal $12,974.95 $67,315.53 11% 13% Lock Replacement Building Security $3,924.46 $28,201.76 26% Heating & Ventilation $28,677.48 Elevators $21,847.68 Other $52,434.53 2013 Public Housing Capital Expenditures $ 3,894,856 Floor Replacements $259,514.26 2013 Public Housing Maintenance & Service Expenditures Appliance Replacement $4,460,635 $356,950.21 Unit Refurbishment 2% Elevator Upgrade 607,712.87 3% 7% $63,605.79 2% General M&S CO Dectectors 9% $129,830.44 667,952.83 16% 2% Window & Door 3% 7% 14% Heating, Plumbing & $443,964.91 3% Electrical & Generator Electrical 1,147,273.75 Grounds 661,332.43 $4,847.04 Security Lighting 7% 11% $572,492.49 Maintenance Roof Replacemens $152,747.60 15% 282,271.72 25% Building Restoration 5% Waste Removal 0% $128,269.54 222,173.21 15% Kitchen Cabinets 6% Painting 320,764.66 3% 4% $966,715.55 Balcony Deck & Railing $615,634.64 Building Security Solar $70,915.23 136,593.99 Other $129,157.14 15% Social & Recreation 26% Programs 309,156.79 Elevators 105,402.82 As our portfolio ages, we are seeing trends in our Maintenance and Service expenditures that are leading to increased costs in electrical, plumbing, and structural components due to more complex repairs to maintain our stock. Utilities represents CHC’s single largest cost. In particular, the increased costs related to electricity creates a challenge for CHC. Many of our large properties are electrically heated and energy saving projects to retrofit these buildings and homes are cost prohibitive. Additionally, increased electrical costs will impact residents responsible for utility costs in their units . *Pending receipt of Independent Auditors’ Report