I’ve been using the 30-40% of revenue for expenses rule based on who pays W/S/T, tenants or park.
I was looking to revise those estimates in cases when:
Park has city owned streets. (I realize weather could change this but on average)
Park has city owned water and/or sewer infrastructure and the city bills tenants directly.
How much cost is the city taking on in these instances that we can reduce from our 30-40% estimate rule?
Looking for a guide from those with more experience.