20241211-002 Financial Report — original pdf

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CITY OF AUSTIN AUSTIN-BERGSTROM INTERNATIONAL AIRPORT Airport Operating Fund 5070 Income Statement - For Internal Use Only Fiscal Year to Date for 1 Month(s) ended October 31, 2024 FY 2025 Budget Budget Seasonalized 1 month(s) Year to Date w/ Accruals Variance Fav (Unfav) % Variance Fav (Unfav) Y-T-D to Budget 0 2 REVENUE AIRLINE REVENUE Landing Fees Terminal Rental & Other Fees TOTAL AIRLINE REVENUE NON-AIRLINE REVENUE Parking Ground Transportation for Hire Rental Cars Food & Beverage Retail Advertising Other Concessions, Rentals & Fees TOTAL NON-AIRLINE REVENUE Interest Income TOTAL REVENUE OPERATING REQUIREMENTS Fac Mgmt, Ops and Airport Security Airport Planning and Development Support Services Business Services 2013 Prosperity Bank Loan 2014 Bond Issuance 2017 Bond Issuance 2019 Refunding Bonds 2019 New Money 2022 New Money TOTAL Net Debt Service OTHER REQUIREMENTS Workers' Compensation Citywide Administrative Support Communications & Technology Mgmt Accrued Payroll Additional Retirement Contribution Operating Reserve CTECC Trunked Radio Allocation Public Works Capital Projects Mgmt Fund Compensation Adjustment TOTAL OTHER REQUIREMENTS EXCESS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS TOTAL OPERATING EXPENSES Debt Service 59,625,915 111,271,727 170,897,642 81,247,697 11,615,065 21,948,757 20,109,576 7,508,056 5,148,000 27,509,304 175,086,455 5,000,000 350,984,097 98,701,583 8,569,052 54,005,824 16,962,223 178,238,682 5,412,539 7,077,844 10,034,715 14,285,349 17,724,156 26,519,009 81,053,612 663,739 7,153,897 2,831,183 238,285 5,411,877 3,060,677 633,716 584,624 2,979,025 0 23,557,023 5,101,557 9,397,335 14,498,892 7,118,782 1,102,137 2,194,876 1,860,136 732,035 707,850 2,359,763 16,075,579 361,250 30,935,721 6,921,442 600,194 3,732,016 1,257,322 12,510,974 451,338 589,820 836,226 1,196,338 1,477,104 1,702,053 6,252,879 55,312 596,158 235,932 19,857 416,298 255,056 52,810 48,719 248,252 0 1,928,394 5,459,009 9,334,924 14,793,933 6,784,908 1,097,226 2,297,115 1,814,476 719,063 1,021,079 2,230,434 15,964,301 469,258 31,227,493 7,072,889 525,443 3,279,635 1,338,284 12,216,251 451,338 589,820 1,461 1,196,338 1,477,104 1,702,053 5,418,114 55,312 596,158 235,932 19,857 416,298 331,870 52,810 48,719 248,252 0 2,005,207 357,452 (62,411) 295,041 (333,874) (4,911) 102,239 (45,660) (12,972) 313,229 (129,329) (111,278) 108,008 291,772 (151,447) 74,751 452,381 (80,962) 294,723 0 0 834,765 0 0 0 834,765 0 0 0 0 0 (76,813) 0 0 0 0 (76,813) 7.0% (0.7%) 2.0% (4.7%) (0.4%) 4.7% (2.5%) (1.8%) 44.3% (5.5%) (0.7%) 29.9% 0.9% (2.2%) 12.5% 12.1% (6.4%) 2.4% 0.0% 0.0% 99.8% 0.0% 0.0% 0.0% 13.4% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% N/A (4.0%) TOTAL REQUIREMENTS 282,849,317 20,692,247 19,639,572 1,052,675 5.1% Note: Columns may not add to totals shown because of rounding 68,134,780 10,243,474 11,587,920 1,344,446 13.1% CITY OF AUSTIN AUSTIN-BERGSTROM INTERNATIONAL AIRPORT INCOME STATEMENT COMPARISON THIS YEAR VS. LAST YEAR Airline Revenue Landing Fees Terminal Rental & Other Fees Total Airline Revenue Non-Airline Revenue Parking Ground Transportation for Hire Rental Cars Food & Beverage Retail Advertising Other Concessions, Rentals & Fees Total Non-Airline Revenue Interest Income Total Operating Revenue Operating Requirements Fac Mgmt, Ops and Airport Security Airport Planning and Development Support Services Business Services Total Operating Expense Debt Service 2013 Prosperity Bank Loan 2014 Bond Issuance 2017 Bond Issuance 2019 Refunding Bonds 2019 New Money 2022 New Money Total Debt Service Other Requirements Workers' Compensation Citywide Administrative Support Communications & Technology Mgmt Accrued Payroll Additional Retirement Contribution Operating Reserve CTECC Trunked Radio Allocation Public Works Capital Projects Mgmt Fund Total Other Requirements 469,258 31,227,493 489,195 28,578,806 (19,937) 2,648,687 This month - This Year vs. Last Year FY25 (Oct 24) vs FY24 (Oct 23) FY25 Oct-24 FY24 Oct-23 Fav (Unfav) $ Variance Fav (Unfav) % Variance 5,459,009 9,334,924 14,793,933 4,839,280 7,708,848 12,548,127 619,729 1,626,076 2,245,805 12.8% 21.1% 17.9% 0.3% 5.1% (2.9%) (1.8%) (0.2%) 35.7% 8.9% 2.7% (4.1%) 9.3% (10.1%) (5.8%) (28.4%) 2.7% (12.6%) (0.2%) 0.0% 99.8% 0.6% (0.0%) (203.1%) (5.9%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 15.6% (20.1%) (27.8%) (134.8%) (19.8%) 22,717 53,207 (67,895) (33,322) (1,724) 268,351 181,485 422,818 (649,594) (28,929) (726,286) 36,522 (1,368,286) (715) 0 834,765 6,892 (479) (1,140,464) (300,001) (3,653) (41,614) (56,373) (3,020) (126,012) 61,394 (8,832) (10,596) (142,526) (331,232) 6,784,908 1,097,226 2,297,115 1,814,476 719,063 1,021,079 2,230,434 15,964,301 6,762,191 1,044,019 2,365,009 1,847,799 720,787 752,729 2,048,949 15,541,483 7,072,889 525,443 3,279,635 1,338,284 12,216,251 6,423,295 496,514 2,553,349 1,374,807 10,847,965 451,338 589,820 1,461 1,196,338 1,477,104 1,702,053 5,418,114 55,312 596,158 235,932 19,857 416,298 331,870 52,810 48,719 248,252 2,005,207 450,623 589,820 836,226 1,203,230 1,476,625 561,589 5,118,113 51,658 554,544 179,559 16,837 290,286 393,263 43,978 38,123 105,726 1,673,975 Total Requirements 19,639,572 17,640,053 (1,999,519) (11.3%) SURPLUS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS Note: Columns may not add to totals shown because of rounding 11,587,920 10,938,753 649,167 5.9%