Apartment Maintenance Institute 

Re-Defining The Apartment Maintenance Profession

BUDGETS & COST CONTROL FOR MAINTENANCE Budgets and Cost Control This is a course every maintenance supervisor or maintenance manager should have under their belt.  Students will get an in depth understanding of all the aspects of an operating budget with an emphasis on the maintenance and repair portion as well as the capital expenditure portion.  We will cover Net Operating Income and how the maintenance team can effect it positively and negatively.  Students will understand how to navigate a basic Profit and Loss statement and a Variance Report.  We will also discuss ways in which the maintenance staff can control spending and cost effectiveness through solid organizational practices and proven processes.  For most students this is their first look at the financial side of the equation and it signals advancement in their profession, one that many are eager to understand. COST TOPICS COVERED NOI                                                                             Cost Control Vacancy Loss                                                           Inventory Control P & L Statement                                                     Charging Correctly On Moveout Variance Reports                                                   Chart Of Accounts & Cost Codes Budgeting                                                                Tracking Expenses Zachary Howell, B.S., CAMT e. zach@aminstitute.net