B.7 Expenditure Weights, Price Relatives, Percent Changes and Standard Errors, All Hotels, 1995
Spec Expenditure Price % Standard
# Item Description Weights Relative Change Error
101 TAXES, FEES, & PERMITS 0.2248 1.0226 0.0226 0.5397
205 Social Security Insurance 0.0592 1.0327 0.0327 0.0000
206 Unemployment Insurance 0.0234 0.9946 -0.0054 0.0000
208 Hotel Priv. Health/Welfare 0.0364 1.0325 0.0325 0.0000
209 Hotel Union Labor 0.3384 1.0146 0.0146 0.0000
210 SRO Union Labor 0.0135 1.0000 0.0000 0.0000
211 Apartment Value 0.1143 1.0279 0.0279 0.3952
212 Non-Union Superintendent 0.2919 1.0560 0.0560 1.3159
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 0.1229 1.0506 0.0506 1.5819
LABOR COSTS 0.1779 1.0337 0.0337 0.4330
301 Fuel Oil #2 0.6989 0.8784 -0.1216 0.3556
302 Fuel Oil #4 0.0149 0.8638 -0.1362 1.5074
303 Fuel Oil #6 0.2862 0.8749 -0.1251 1.0522
FUEL 0.1049 0.8772 -0.1228 0.3911
401 Electricity #1, 2,500 KWH 0.0784 1.0369 0.0369 0.0000
402 Electricity #2, 15,000 KWH 0.0801 1.0474 0.0474 0.0000
403 Electricity #3, 82,000 KWH 0.2523 1.0464 0.0464 0.0000
404 Gas #1, 12,000 therms 0.0535 0.8748 -0.1252 0.0000
405 Gas #2, 65,000 therms 0.0410 0.8032 -0.1968 0.0000
406 Gas #3, 214,000 therms 0.1672 0.8001 -0.1999 0.0000
407 Steam #1, 1.2m lbs 0.0002 0.9437 -0.0563 0.0000
409 Telephone 0.1871 0.9996 -0.0004 0.0000
410 Water & Sewer 0.1402 0.9467 -0.0533 3.4191
UTILITIES 0.1770 0.9626 -0.0374 0.4795
501 Repainting 0.2052 1.0286 0.0286 0.5755
502 Plumbing, Faucet 0.0743 1.0358 0.0358 1.3007
503 Plumbing, Stoppage 0.0742 1.0191 0.0191 0.8035
504 Elevator #1, 6 fl., 1 e. 0.0302 1.0121 0.0121 0.9183
505 Elevator #2, 13 fl., 2 e. 0.0294 1.0049 0.0049 0.5016
506 Elevator #3, 19 fl., 3 e. 0.0273 1.0050 0.0050 0.5112
507 Burner Repair 0.0257 1.0266 0.0266 2.6425
508 Boiler Repair, Tube 0.0263 1.0183 0.0183 1.2093
509 Boiler Repair, Weld 0.0241 1.0000 0.0000 0.8387
511 Range Repair 0.1527 1.0101 0.0101 0.7506
512 Roof Repair 0.0216 1.0294 0.0294 1.2446
513 Air Conditioner Repair 0.0456 1.0126 0.0126 0.0000
514 Floor Maint. #1, Studio 0.0009 1.0000 0.0000 0.0000
515 Floor Maint. #2, 1 Br. 0.0020 1.0000 0.0000 0.0000
516 Floor Maint. #3, 2 Br. 0.0183 1.0000 0.0000 0.0000
518 Linen/Laundry Service 0.2422 1.0000 0.0000 0.0000
CONTRACTOR SERVICES 0.1016 1.0145 0.0145 0.2179
601 Management Fees 0.6112 1.0371 0.0371 1.0387
602 Accountant Fees 0.0852 1.0265 0.0265 0.9439
603 Attorney Fees 0.1479 1.0451 0.0451 1.9858
604 Newspaper Ads 0.0978 1.0263 0.0263 0.9384
605 Agency Fees 0.0209 1.0471 0.0471 0.4969
606 Lease Forms 0.0120 1.0570 0.0570 4.0931
607 Bill Envelopes 0.0139 1.0843 0.0843 4.8488
608 Ledger Paper 0.0112 1.0917 0.0917 4.9487
ADMINISTRATIVE COSTS 0.0897 1.0380 0.0380 0.7171
701 INSURANCE COSTS 0.0351 1.0518 0.0518 0.0773
801 Light Bulbs 0.0173 0.9514 -0.0486 4.7695
802 Light Switch 0.0183 1.0000 0.0000 0.0000
803 Wet Mop 0.0506 1.0000 0.0000 0.0000
804 Floor Wax 0.0496 1.0184 0.0184 1.7416
805 Paint 0.1176 0.9949 -0.0051 3.2828
806 Pushbroom 0.0460 1.0000 0.0000 0.0000
807 Detergent 0.0459 1.0000 0.0000 0.0000
808 Bucket 0.0518 1.0029 0.0029 0.2762
809 Washers 0.0517 1.0000 0.0000 0.0000
810 Linens 0.3125 1.0077 0.0077 0.4540
811 Pine Disinfectant 0.0194 1.0092 0.0092 0.9657
812 Window/Glass Cleaner 0.0207 1.0000 0.0000 0.0000
813 Switch Plate 0.0479 1.0071 0.0071 0.8794
814 Duplex Receptacle 0.0441 1.0000 0.0000 0.0000
815 Toilet Seat 0.0525 0.9539 -0.0461 4.5057
816 Deck Faucet 0.0541 1.0169 0.0169 1.2139
PARTS AND SUPPLIES 0.0636 1.0010 0.0010 0.4960
901 Refrigerator #1 0.0201 0.9962 -0.0038 1.7238
902 Refrigerator #2 0.1063 1.0038 0.0038 0.6538
903 Air Conditioner #1 0.0656 1.0020 0.0020 0.1655
904 Air Conditioner #2 0.0750 1.0346 0.0346 1.9200
907 Range #1 0.0084 1.0109 0.0109 0.5832
908 Range #2 0.0439 1.0110 0.0110 0.2813
909 Carpet 0.3270 1.0370 0.0370 1.7944
910 Dresser 0.1816 1.0185 0.0185 1.0423
911 Mattress & Box Spring 0.1721 1.0049 0.0049 0.5022
REPLACEMENT COSTS 0.0254 1.0199 0.0199 0.6438
ALL ITEMS 1.0000 0.9989 -0.0011 0.1882