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Maintenance and operations costs come in $15M below budget, staff says
Summary
Staff reported total maintenance and operations costs of $216.9 million, roughly $15 million under budget, largely because of unfilled positions and timing differences on contracts; workers' compensation adjustments also reduced insurance expenses.
Kathy, the presenting staff member, told directors total maintenance and operations (M&O) costs were "216,900,000 or 15,000,000 below budget," and that the variance was driven primarily by unfilled payroll positions across the organization.
She noted that security and safety-related costs were under budget (ISP about $3,100,000 below budget and security and safety about $727,000,000 below budget as stated) and that insurance costs were down by about "2,800,000" due to a workers' compensation actuarial adjustment reflecting lower claims experience. Kathy credited safety and security efforts for helping keep injuries — and related claims — down.
The committee asked follow-up questions but took no formal action. Staff flagged timing differences on facilities contracts that could shift spending later in the year.
