Title
Annual Airport Budget Presentation
Body
Issue/Request:
Annual Airport Budget Presentation
Key Issues:
Major Initiatives/Significant Changes for FY22
· Proposed CPI Increase of 1.3 percent on Hangar and tie down rentals
· Changes made to Schedule of Fees:
Hangar 1:
Proposed Rates for single engine tenants located in Hangar 1 will increase from $550.00/month to $650.00/month. The proposed change will keep a margin between the Hangar 1 amenities provided (In and out service, heated in the winter, 24/7 security, lobby and pilots lounge) and the enclosed hangars. The proposed change will increase revenue by $3600 annually.
Overnight Tie-Down Fees:
Single Engine Aircraft and Helicopter: The Single Engine overnight fee is currently $20.00/night and will be increasing to $25.00. This will generate an additional $550.00
Multi-Engine Turbo-Props and Jets: The current overnight tie-down $150.00/night and is waived with a purchase of 75 gallons and the second night is waived with a purchase of 125 gallons. For FY22, the proposed fee is increasing from $150.00 to $175.00/night and the first overnight is waived with the purchase of 125 gallons. The second overnight is waived with the purchase of 250 gallons. The proposed increase is estimated to generate an additional $450.00 annually.
Lavatory and Ground Services
Lavatory Service is increasing from $65.00 to $75.00, which is in line with surrounding Airports. This will generate an additional $100.00 annually.
Ramp Service Fees:
The current ramp service fee is $125.00 or 75 gallons for Jet/Turbo-prop aircraft. The proposed fee for FY22 is $125.00 or 100 gallons purchased.
New Fee’s
Potable Water Service: This fee is a new fee for FY22 to provide Potable water to Corporate Aircraft. The fee will be $75.00 per service and the Airport estimates performing 5-7 services per year. Like other amenities at the airport provides, this type of service is used to attract and keep business aviation usi...
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