Estimated Chrysler Building rental income for 2005 is likely to exceed 2 million, representing some 40 per cent of the 2005 rental expenditure for the building.

Revolving fund for sales publications Estimates of gross and net revenue

The estimated net decrease of 532,100 in rental income is the combined effect of decreases at Headquarters ( 2,346,800) and at Santiago ( 700), partly offset by estimated increases at Geneva ( 1,365,800), Addis Ababa ( 384,300), and Bangkok ( 65,300).

Estimates of income

(Thousands of United States dollars)

Revenue estimates

The Committee was also informed upon enquiry that 18,000 is estimated for the rental of premises of the other five new locations, and 7,200 is estimated for the rental of the office in Tehran.

The total income of the Fund for the biennium 1998 1999 is estimated at 116.4 million, resulting in an expected shortfall of income over expenditure of 32.3 million.

Actual income as a percentage of estimated income

Original estimate of income

Income on deposits Estimates for income on deposits are based on anticipated interest earnings on cash balances in the General Fund, Working Capital Fund, and Operational Budget Account for Support Costs.

The Board notes that UNOPS has performed a three year lease income forecast for subleases, projecting an average annual lease income of 1.8 million.

Table IS3.19 Estimates of gross and net revenue (Thousands of United States dollars)

Table IS3.26 Estimates of gross and net revenue (Thousands of United States dollars)

Actual compared to estimated income from contributions

Based on rental rates charged to specialized agencies, the total estimated rental costs, for the year 1999, would be 708,400.

Rent free

Estimated income to the budget

a Represents the estimated rental value of field offices headquarters and the air terminal in Kinshasa.

Total 1996 1997 final estimated income

Broken down in percentage terms, the revenue generated from the project portfolio of services is estimated at 60.1 per cent revenue generated from direct service provision is estimated at 36.5 per cent and revenue from rental and interest represents 3.4 per cent of total projected 2004 revenue.

(a) Estimates of gross national income

Over the years, the proportion of rents to income of renter households has been increasing, and home ownership is now out of reach of low income households.

An initial start up provision will be required to bridge the gap for payments coming due in 2006.

These calculations are effected separately for each year of a biennium.

The Board estimated the rental value to be some 700,000 during the biennium.

IS2.1 Estimates under this section relate to income from rental of premises, reimbursement for services provided to specialized agencies, bank interest, sale of used equipment, refunds from previous years' expenditures, contributions of non member States, television and similar services and miscellaneous income.

Income estimates for the biennium 2004 2005

Income estimates for the biennium 2006 2007

Income estimates for the biennium 2008 2009

The General Assembly

B Income estimates for the biennium 2006 2007

Estimated 2005 total revenue is 53.77 million, which is composed of (a) revenue derived from project portfolio implementation services at 42.14 million (b) service revenue of 9.82 million derived from supervision and loan administration services to IFAD projects and from GFATM, for which UNOPS is the local fund agent in various countries and (c) rental revenue derived from subleasing UNOPS headquarters premises, interest income and other miscellaneous income totalling 1.81 million.

The size of the benefit is determined on the basis of an assessment of the dwelling and the rent, as well as the size, composition and income of the family.

Estimated rental costs to be paid by the United Nations Institute for Training and Research during the biennium 2006 2007a

Increases at Geneva, Addis Ababa and Bangkok are due to a combination of factors, namely higher rental rates, increase in the space being rented out and currency fluctuations.

The additional rental income would in that case amount to 295,000 a year, based on a current rental rate of 106 per square metre per year (excluding the reimbursement component for maintenance services).

The projected income is estimated at 470.7 million, an increase of 20.5 million over the revised income estimates of 450.2 million for the biennium.

Table IS3.10 Estimates of gross and net revenue by organizational unit

Table IS3.20 Estimates of gross and net revenue (Thousands of United States dollars)

Table IS3.21 Estimates of gross and net revenue (Thousands of United States dollars)

Table IS3.24 Estimates of gross and net revenue (Thousand of United States dollars)

The latter would be offset by a corresponding increase in the estimate of income from staff assessment under income section 1 (A C.5 53 45, para. 17).

Requirements were estimated at 15,800 for rental of photocopiers and for bank charges.

Revised income estimates for the biennium 2002 2003