FIGURE 25: Trend in Total Liabilities, See Full Report, page 49

FIGURE 26: Trend in Net Cost of Operations, See Full Report, page 49

steam and chilled water to non-Legislative Branch enti- ties near Capitol Hill, reimbursements for Supreme Court facility maintenance costs, rent from the Administrative Office of the U.S. Courts in the Thurgood Marshall Federal Judiciary Building and CVC gift shop sales. The net cost of operations in FY 2014 for AOC totaled $531.8 million, a decrease of $13.6 million or 2.5 percent from FY 2013 primarily due to decreased revenues on reimbursable projects and decreased operating, program and payroll costs and absorbing of mandatory sequestration cuts.

The six-year trend in AOC’s net cost of operations from FY 2009 through FY 2014 is presented in Figure 26. The 12.1 percent increase since FY 2009 reflects the costs associated with AOC’s new mission areas such as CVC visitor services operations, new program areas such as energy savings and sustainability, as well as the rise in utility rates, the increased cost of construction materials and other increases that have added to the higher cost of day-to-day operations.

A comparison of AOC’s total net cost by jurisdiction for FY 2014 and FY 2013 is displayed in Figure 27. Material decreases, year-over-year, were seen in the AOC General Administration and the AOC Capitol Building jurisdictions. General Administration decreased by $14.3 million (13.8 percent) due to decreased operating and payroll costs. The AOC Capitol Building’s net cost of operations decreased by $5.5 million (9.6 percent) due to the capitalization of costs associated with the acquisition of property, plant, and equipment (including indirect costs for assets constructed). Increases were seen in the AOC House Office Buildings and the AOC Supreme Court Building and Grounds jurisdictions. The AOC House Office Buildings’ increased by $8.6 million (12.3 percent) due to an increase in their operating and payroll expenses. The AOC Supreme Court Building and Grounds’ costs increased by $4.7 million (32.8 percent) due to increases in operating and program costs.

FIGURE 27: Summary of Net Cost of Operations by AOC Responsibility Segment, See Full Report, page 49