Method of Allocation
Palladium on Central
Method of Allocation
Charles Baker
Unit 1003
Account ACT-HMPA-AX33
Occupants:1Square Footage:760 sq ft
Water Individually Metered

Each unit has a dedicated meter installed to measure usage within that unit. This charge is based on actual consumption as measured by that meter.

Calculation:End read 294,458 − Start read 288,655 = 5,803 gallons at $0.0133393 per gallonYour charge:$77.41
How charges are calculated

We take the property's overall expense and divide it by the combined usage of all occupied units to determine an average cost per gallon. That rate is then applied to your individual usage to calculate your charge. Because both overall expenses and your individual usage can fluctuate from month to month, your monthly charges are likely to vary as well, sometimes significantly.

Sewer Square Footage

This charge is based on the size of each unit.

Calculation:760 sq ft × 31 days at $0.0002281 per dayYour charge:$5.38
How charges are calculated

We take 50% of the property's overall expense and divide it by the combined square footage of all occupied units to determine an average cost per square foot. That rate is then multiplied by each unit's square footage to calculate that unit's charge. As a result, charges will vary from unit to unit, with larger units paying more than smaller units.

Sewer Number of Occupants

This charge is based on the number of occupants in each unit.

Calculation:1 occupants × 31 days at $0.1319897 per dayYour charge:$4.09
How charges are calculated

We take 50% of the property's overall expense and divide it by the average number of occupants residing in all occupied units to determine an average cost per occupant. That rate is then multiplied by the number of occupants in each unit to calculate that unit's charge. As a result, charges will vary from unit to unit, with those units having a higher number of occupants paying more than those units with fewer occupants.

Trash Number of Occupants

This charge is based on the number of occupants in each unit.

Calculation:1 occupants × 31 days at $0.2547708 per dayYour charge:$7.90
How charges are calculated

We take the property's overall expense and divide it by the average number of occupants residing in all occupied units to determine an average cost per occupant. That rate is then multiplied by the number of occupants in each unit to calculate that unit's charge. As a result, charges will vary from unit to unit, with those units having a higher number of occupants paying more than those units with fewer occupants.

Valet Waste Flat Fee

This charge is based on the flat fee that was mutually agreed upon in your lease.

Your charge:$25.00
How charges are calculated

This charge is based on the flat fee that was mutually agreed upon in your lease.

Pest Control Flat Fee

This charge is based on the flat fee that was mutually agreed upon in your lease.

Your charge:$3.00
How charges are calculated

This charge is based on the flat fee that was mutually agreed upon in your lease.

Common Area Electric Equally Distributed

This expense is shared equally among all occupied units.

Your charge:$30.74
How charges are calculated

We take the property's overall expense and divide it by the average number of occupied units during the billing cycle to determine an average cost per unit. That cost is then charged to each occupied unit as a flat charge, meaning all occupied units, except for prorated move-ins, are billed the same amount. However, that amount may change from month to month based on fluctuating expenses and occupancy.

Common Area Gas Equally Distributed

This expense is shared equally among all occupied units.

Your charge:$0.88
How charges are calculated

We take the property's overall expense and divide it by the average number of occupied units during the billing cycle to determine an average cost per unit. That cost is then charged to each occupied unit as a flat charge, meaning all occupied units, except for prorated move-ins, are billed the same amount. However, that amount may change from month to month based on fluctuating expenses and occupancy.

Admin Fee Admin Fee

Utility providers bill the property at a property wide level. This Admin Fee helps cover the cost of reallocating those provider costs back to the individual apartments and providing billing and customer support to residents. This monthly fee is not a utility charge and does not change based on your usage.

Your charge:$5.75
How charges are calculated

Utility providers bill the property at a property wide level. This Admin Fee helps cover the cost of reallocating those provider costs back to the individual apartments and providing billing and customer support to residents. This monthly fee is not a utility charge and does not change based on your usage.

“Expense” includes all direct and indirect charges billed to the property, including charges for common areas and shared use facilities, unless otherwise noted.