B.7 Expenditure Weights, Price Relatives, Percent Changes and Standard Errors, All Hotels, 1994
Spec Expenditure Price % Standard
# Item Description Weights Relative Change Error
101 TAXES, FEES, & PERMITS 0.2287 0.9949 -0.0051 0.7812
205 Social Security Insurance 0.0593 1.0430 0.0430 0.0000
206 Unemployment Insurance 0.0180 1.3561 0.3561 0.0000
208 Hotel Private Health/Welfare 0.0363 1.0482 0.0482 0.0000
209 Hotel Union Labor 0.3412 1.0377 0.0377 0.0000
210 SRO Union Labor 0.0136 1.0369 0.0369 0.0000
211 Apartment Value 0.1163 1.0286 0.0286 0.5276
212 Non-Union Superintendent 0.2911 1.0494 0.0494 1.3162
213 Non-Union Maid 0.0000 0.0000 NA 0.0000
214 Non-Union Desk Clerk 0.0000 0.0000 NA 0.0000
215 Non-Union Maint. Worker 0.0000 0.0000 NA 0.0000
216 Non-Union Janitor/Porter 0.1241 1.0364 0.0364 1.2095
LABOR COSTS 0.1721 1.0463 0.0463 0.4160
301 Fuel Oil #2 0.7045 0.9810 -0.0190 0.4720
302 Fuel Oil #4 0.0151 0.9792 -0.0208 2.6190
303 Fuel Oil #6 0.2805 1.0092 0.0092 2.6767
FUEL 0.1073 0.9889 -0.0111 0.8220
401 Electricity #1, 2,500 KWH 0.0842 0.9314 -0.0686 0.0000
402 Electricity #2, 15,000 KWH 0.0877 0.9142 -0.0858 0.0000
403 Electricity #3, 82,000 KWH 0.2756 0.9166 -0.0834 0.0000
404 Gas #1, 12,000 therms 0.0451 1.1897 0.1897 0.0000
405 Gas #2, 65,000 therms 0.0359 1.1429 0.1429 0.0000
406 Gas #3, 214,000 therms 0.1464 1.1434 0.1434 0.0000
407 Steam #1, 1.2m lbs 0.0002 1.0735 0.0735 0.0000
409 Telephone 0.1904 0.9836 -0.0164 0.0000
410 Water & Sewer 0.1346 1.0434 0.0434 2.6649
UTILITIES 0.1790 1.0011 0.0011 0.3586
501 Repainting 0.2090 1.0085 0.0085 1.0892
502 Plumbing, Faucet 0.0754 1.0112 0.0112 1.8737
503 Plumbing, Stoppage 0.0751 1.0158 0.0158 1.2415
504 Elevator #1, 6 fl., 1 e. 0.0313 0.9924 -0.0076 6.2997
505 Elevator #2, 13 fl., 2 e. 0.0304 0.9920 -0.0080 3.7765
506 Elevator #3, 19 fl., 3 e. 0.0299 0.9387 -0.0613 7.2746
507 Burner Repair 0.0257 1.0248 0.0248 1.5372
508 Boiler Repair, Tube 0.0267 1.0146 0.0146 2.2440
509 Boiler Repair, Weld 0.0255 0.9692 -0.0308 0.0000
511 Range Repair 0.1521 1.0311 0.0311 1.4434
512 Roof Repair 0.0212 1.0430 0.0430 1.8447
513 Air Conditioner Repair 0.0458 1.0213 0.0213 0.0000
514 Floor Maint. #1, Studio 0.0009 1.0355 0.0355 3.7631
515 Floor Maint. #2, 1 Br. 0.0020 1.0375 0.0375 3.9680
516 Floor Maint. #3, 2 Br. 0.0182 1.0371 0.0371 3.9356
518 Linen/Laundry Service 0.2309 1.0775 0.0775 6.0437
CONTRACTOR SERVICES 0.1001 1.0270 0.0270 1.4820
601 Management Fees 0.6095 1.0387 0.0387 1.0295
602 Accountant Fees 0.0846 1.0424 0.0424 1.4837
603 Attorney Fees 0.1482 1.0330 0.0330 1.2817
604 Newspaper Ads 0.0975 1.0392 0.0392 2.0812
605 Agency Fees 0.0212 1.0187 0.0187 2.8107
606 Lease Forms 0.0124 1.0000 0.0000 0.0000
607 Bill Envelopes 0.0142 1.0182 0.0182 0.8935
608 Ledger Paper 0.0123 0.9363 -0.0637 7.5204
ADMINISTRATIVE COSTS 0.0877 1.0357 0.0357 0.7065
701 INSURANCE COSTS 0.0353 1.0076 0.0076 0.1075
801 Light Bulbs 0.0175 1.0000 0.0000 0.0000
802 Light Switch 0.0180 1.0239 0.0239 2.7438
803 Wet Mop 0.0505 1.0112 0.0112 2.0533
804 Floor Wax 0.0501 1.0000 0.0000 0.0000
805 Paint 0.1180 1.0063 0.0063 0.6273
806 Pushbroom 0.0461 1.0071 0.0071 0.0000
807 Detergent 0.0453 1.0242 0.0242 2.4696
808 Bucket 0.0529 0.9886 -0.0114 0.8092
809 Washers 0.0522 1.0019 0.0019 0.1999
810 Linens 0.3111 1.0144 0.0144 1.2455
811 Pine Disinfectant 0.0193 1.0169 0.0169 1.2874
812 Window/Glass Cleaner 0.0204 1.0248 0.0248 2.4071
813 Switch Plate 0.0483 1.0000 0.0000 0.0000
814 Duplex Receptacle 0.0446 1.0000 0.0000 0.0000
815 Toilet Seat 0.0521 1.0167 0.0167 1.1278
816 Deck Faucet 0.0535 1.0211 0.0211 1.3959
PARTS AND SUPPLIES 0.0637 1.0100 0.0100 0.4420
901 Refrigerator #1 0.0193 1.0261 0.0261 1.4586
902 Refrigerator #2 0.1030 1.0162 0.0162 2.0415
903 Air Conditioner #1 0.0597 1.0816 0.0816 6.7123
904 Air Conditioner #2 0.0718 1.0290 0.0290 1.6863
907 Range #1 0.0083 0.9951 -0.0049 2.4259
908 Range #2 0.0425 1.0190 0.0190 1.2428
909 Carpet 0.3220 1.0000 0.0000 0.0000
910 Dresser 0.1862 0.9603 -0.0397 3.1340
911 Mattress & Box Spring 0.1872 0.9058 -0.0942 7.7742
REPLACEMENT COSTS 0.0261 0.9849 -0.0151 1.6375
ALL ITEMS 1.0000 1.0122 0.0122 0.2783