FY 2023 Airport Department Budget Presentation
Actual and Estimated Expenditures by Object
Department
Expenditures by
Object
2018
Actuals
2019
Actuals
2020
Actuals
2021
Actuals
2022
Estimate
2023
Proposed
Personnel Costs1 $8,439,649 $9,398,441 $10,260,060 $11,327,887 $12,128,800 $15,838,400 Non-Personnel Costs1
29,626,284 31,174,674 33,148,541 48,693,670 30,190,500 144,520,500 ID Charge Costs1
3,153,009 3,751,340 4,294,462 4,747,990 5,756,400 6,661,600 TOTAL
EXPENDITURES $41,218,942 $44,324,455 $47,703,063 $64,769,548 $48,075,700 $167,020,500 Airport Department (Capital & Operating)
Actual and Estimated Expenditures
Department Notes
1. Reflects expenditures from operating and capital funds Note: FY2023 Budget includes $96,000,000 for Terminal/FIS Expansion Actual and Estimated Expenditures by Object
Department
Expenditures by
Object
2018
Actuals
2019
Actuals
2020
Actuals
2021
Actuals
2022
Estimate
2023
Proposed
Personnel Costs1 $7,965,848 $8,541,275 $9,300,688 $10,294,243 $10,955,700 $13,635,900 Non-Personnel Costs1
6,616,127 7,075,648 7,273,419 6,988,463 7,825,500 9,965,300 ID Charge Costs1
2,772,879 2,964,480 3,387,969 3,343,499 4,156,800 4,543,200 TOTAL
EXPENDITURES $17,354,854 $18,581,403 $19,962,076 $20,626,205 $22,938,000 $28,144,400 Airport Department (Operating)
Actual and Estimated Expenditures
Department Notes
1. Reflects annual actual, estimated and proposed expenditures from operating funds.
Actual and Estimated Expenditures by Object
Department
Expenditures by
Object
2018
Actuals
2019
Actuals
2020
Actuals
2021
Actuals
2022
Estimate
2023
Proposed
Personnel Costs1 $473,802 $857,166 $959,371 $1,033,644 $1,173,100 $2,202,500 Non-Personnel Costs1
18,692,342 19,308,254 19,483,772 35,082,815 15,880,400 128,114,200 ID Charge Costs1
380,130 786,860 881,693 1,404,491 1,599,600 2,118,400
TOTAL
EXPENDITURES $19,546,274 $20,952,280 $21,324,836 $37,520,950 $18,653,100 $132,435,100 Airport Department (Capital)
Actual and Estimated Expenditures
Department Notes
1. Reflects annual actual, estimated and proposed expenditures from capital funds only, and does not include annual debt service payments. FY2023 Budget includes $96Million for the Terminal/FIS Expansion.
Actual and Estimated Revenue by Type
Department Revenue by Type 2018
Actuals
2019
Actuals
2020
Actuals
2021
Actuals 2022 Estimate 2023
Proposed
General Fund $
Special Revenue $
Capital $
Enterprise1 $67,156,840 $74,085,448 $76,075,675 $88,156,467 $102,123,300 $215,338,700 Internal Service Fund $
Trust $
Debt Service $
TOTAL REVENUE $
Airport Department
Actual and Estimated Revenues
Department Notes
1. Annual amounts Include non-operating revenues and capital funding sources (bonds, grants, other). FY2023 includes $70.3 Million of new bond issuance for Terminal/FIS Expansion.
FY 23 Budget Expansions Expansion
Count or Cost
Additional Employees, Counts 23 Perm
Additional Employees, Costs $1,221,595
New Information Technology/Communications Equipment $512,000 New Field Services Equipment $137,000
Utilities $413,500
Increase in Contracts (Customs, Parking Operator, others) $702,700 Consulting Services $380,000
Contract Extra Help & Other (Fire & Public Safety Overtime) $344,900 Miscellaneous (minor appropriation increases above the base) $135,700 TOTAL FY 23 BUDGET EXPANSIONS $3,847,500
Airport Department
FY 23 Budget Expansions
Airport Department
FY 23 Department Budget Priorities
1. Airport Vision and Priorities:
a) Focus on Safety, Security and the Customer Experienceas the highest priorities that will drive our vision and our budget.
b) Managing growth by balancing the need for resources to develop the airport with those needed to operate the airport
c) Ensure the airport operates in a financially responsible manner.
2. The Airports FY23 Budget begins to add resources to support passenger growth, complexity and expansion needs. a) Increase in contractual agreements and mandatory cost related to inflation and rising costs at approximately $1.8M
b) Increasing staff resources for operations, law enforcement and maintenance. c) Replacement machinery and equipment at increased costs due to inflation d) The Airport is executing a major capital program that meets our growth requirements. A significant portion of the capital will be provided through grants and stimulus funding.
3. The Airports FY23 Proposed Budget reflects record revenue projections due to an increase in passengers, flights and associated revenues. These increased revenues support the proposed expenses for the airports.