Calculation for Other Assumptions for Years Leased (Forecasted Amount for Years 1 through 6)

The system uses this setup information for this calculation:

  • New Rate (from assumption detail): 3.00.

  • Growth Pattern (from assumption detail): PCT01, FIXED01, SF.

When you use the assumption type of OT (Other Assumptions), the system does not require a calculation method, nor does it retrieve amounts based on bill codes. Instead, the system uses the rate and growth pattern from the assumption detail. You can assign any type of growth pattern to use. The system calculates the forecasted amounts differently according to the growth pattern type.

These tables illustrate the formula that the system uses to calculate forecasted amounts for each growth type and provides an example using the setup information. The system uses the growth pattern percentage that corresponds to each year:

Growth Pattern Type

Year

Formula

Percentage

01

[(RTD) × (GPP)] + (RTD) = (FA YR 1)

Percentage

02

[(FA YR 1) × (GPP)] + (FA YR 1) = (FA YR 2)

Percentage

03

[(FA YR 2) × (GPP)] + (FA YR 2) = (FA YR 3)

Percentage

04

[(FA YR 3) × (GPP)] + (FA YR 3) = (FA YR 4)

Percentage

05

[(FA YR 4) × (GPP)] + (FA YR 4) = (FA YR 5)

Percentage

06

[(FA YR 5) × (GPP)] + (FA YR 5) = (FA YR 6)

Fixed*

1–6

[(GPF) + (RTD)] = (FA)

Square Foot*

1–6

[(AU) × (GPS)] + (RTD) = (FA)

*The system accumulates the fixed amounts and amounts per square foot for each year from the growth pattern, as illustrated in this table:

Year

Calculation for Growth Pattern: PCT01 (percentage)

Forecasted Amount

1

(3.0 × .01) + 3.0 = 3.03

3.03

2

(3.03 × .02) + 3.03 = 3.0906

3.09