Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions For Hotels Page 8

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Instructions for Worksheet RPIE-2016 - Hotels
Page 7
1b.
Food and Beverage: The cost of food and alcoholic beverages sold, salaries/wages and em-
ployee benefits, kitchen personnel, servers/cashiers, and related operating supplies.
1c.
Telecommunications: Payments to providers of internet, telephone and fax services for guests
only. Do not include the cost of telephone equipment rental.
3a.
Administrative
and
General:
Management
and
administration
expenses
including
salaries/wages/payroll taxes and employee benefits, legal and accounting fees, office supplies,
etc.
3b.
Marketing: Expenditures to promote and sell the hotel's services and enhance its image to the
public.
3c.
Management Fee: Fee paid for managerial services and supervision of the property.
3d.
Franchise Fee: Fee paid to franchisors except fees for reservation services and/or systems.
3e.
Energy: Costs of electricity, fuel oil, gas or steam, water and sewer.
3f.
Property Maintenance: Amounts paid or incurred for contracts with maintenance companies. In-
clude any amounts that were paid for routine repair services and for material or parts used for
repairs. Do not include reserves for replacements.
3g.
Insurance: Annual charges for fire, liability, theft coverage and other insurance premiums paid to
protect the real property. Pro-rate multi-year premiums to calculate an average annual expense.
sECtIoN P - RECAPItULAtIoN, FURNItURE, FIXtUREs AND EQUIPMENt.
2.
Furniture, Fixtures and Equipment (FF & E): Movable furniture, fixtures or other equipment that
have no permanent connection to the structure of the building or utilities.
PART IV – RPIE CERTIFICATION
The Department of Finance is not requiring a rent roll submission for RPIE-2016. If you wish to volun-
tarily submit a rent roll for RPIE-2016, click on the appropriate link.
To successfully submit your RPIE filing you must certify the information by clicking “Sign and Submit.”
If you do not complete this step you will not be in compliance with the RPIE filing requirement.

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