Proposal for maintenance cost increase

Please read the proposal submitted earlier to the core committee. Please read thru all the details and ask me any questions. 

The last time a raise was proposed was 2 years ago in June 2010.

The following is the model for the cost and raise for 2 years and a
consolidated increase. Here is the analysis and based on the analysis
the suggested increase is Rs.800 per flat per month.



The analysis is shown below. If you want to know how the information
was arrived at, have a look at the following link or you can look at the

attachment in the email. The attachment has information up-to January

2012 and I can share the updated spreadsheet with current information

as soon as I receive from Sailendra.

The email sent to the Eldorado group has and attachment and a link that

has more information of the actual spending.

Current collection       1,44,500 per month
Avg spend 2009-2010 1,24,060 per month
Avg spend 2010-2011 1,36,563 (10% increase) per month
Avg spend 2011-2012 1,59,225 (17% increase) per month
Avg spend 2012-2013 1,83,109 (15% projected increase in cost due to inflation)

Avg spend 2013-2014 2,10,575 (15% projected growth in cost due to inflation)

Diff Earns vs collec       38,609 + 66075 / 2 = 52342 ( for 69 flats per month)
Amount increase                800 (52342/68 = 758.57 per flat rounded to the nearest hundred )

Most of the cost increase in spending is attributed to water cost increase and increase in water usage due to aging Plumbing infrastructure. The increase in other costs is only marginal.