File #: 2019-2657    Name:
Type: Presentation Status: Filed
File created: 3/20/2019 In control: Board of Aeronautic Commissioners
On agenda: 4/8/2019 Final action: 4/8/2019
Title: Annual Airport Budget Presentation to Board of Aeronautic Commissioners
Attachments: 1. FY20 Airport Budget Presentation

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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Other Information/Unique Characteristics:

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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]