Title
Annual Airport Budget Presentation to Board of Aeronautic Commissioners
Body
Issue/Request:
Annual Airport Budget Presentation to Board of Aeronautic Commissioners
Key Issues:
Major Initiatives / Significant Changes for FY20
• Proposed CPI Increase of 2.2 percent on Hangar and tie down rentals
• Changes made to Schedule of Fees for fuel mark-up, transient overnight fees and services to increase revenues to meet operational needs
• Sixth Annual Airport Open House
• Host fall customer tenant meeting to inform customers and tenants of planned improvements for the Airport
CIP Projects for FY20
• Requested Federal and State funding to begin the development of a new Master Plan and Business Plan over a period of several fiscal years to replace the current Master Plan that will be 20-years old - estimated cost $385,850. Partial funding in FY19 of $150,000 -Federal and State discretionary funds; may have additional funding from federal reimbursement grant from FAA equipment relocation project for airfield lighting project.
Major Expenses (Non Internal Service)
• 100LL Aviation fuel purchases-$331,200
• Jet Fuel Aviation fuel purchases-$238,140
• Insurance-$38,150
• Electricity-$52,000
• Environmental testing-Site Specific Permit, now requires quarterly testing - $15,000
Proposed City Council Motion:
I move to recommend to the City Council approval of the Annual FY 2019-2020 Airport Budget.
Background:
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Impact/Analysis:
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Timeline:
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Presenter: John Ohrazda, Airport Manager
Recommendation
Recommendation: Staff recommends approval of the Annual FY 2019-2020 Airport Budget.
Committee Recommendation
Committee Recommendation: [Enter Committee Recommendation text Here]