20250813-002 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 9 Month(s) ended June 30, 2025 FY 2025 Budget Budget Seasonalized 9 month(s) FY 2025 CYE CYE Seasonalized 9 month(s) Y-T-D to Budget Y-T-D to CYE Year to Date w/ Accruals Variance Fav (Unfav) % Variance Fav (Unfav) Variance Fav (Unfav) % Variance Fav (Unfav) 1 19 1 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 59,625,915 111,271,727 170,897,642 44,013,167 83,120,734 127,133,901 59,625,915 111,271,727 170,897,642 44,013,167 83,120,734 127,133,901 46,225,593 84,670,299 130,895,892 2,212,426 1,549,565 3,761,991 81,247,697 11,615,065 21,948,757 20,109,576 7,508,056 5,148,000 27,509,304 175,086,455 59,920,178 8,596,252 17,120,031 15,212,894 5,679,844 3,989,700 20,652,276 131,171,175 77,751,861 11,043,783 21,477,962 20,213,799 7,094,410 5,983,168 25,448,019 169,013,002 56,140,684 8,322,493 16,748,151 15,242,568 5,306,844 4,711,958 19,209,758 125,682,454 56,623,468 8,438,229 16,400,468 15,352,433 5,207,258 5,098,102 19,393,776 126,513,732 (3,296,710) (158,024) (719,563) 139,539 (472,586) 1,108,402 (1,258,500) (4,657,443) Interest Income TOTAL REVENUE 5,000,000 350,984,097 3,599,850 261,904,926 4,600,000 344,510,644 3,396,721 256,213,076 3,594,437 261,004,061 (5,413) (900,865) OPERATING REQUIREMENTS Fac Mgmt, Ops and Airport Security Airport Planning and Development Support Services Business Services TOTAL OPERATING EXPENSES Debt Service 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 Trf to Subordinate Obligation TOTAL OTHER REQUIREMENTS 98,701,583 8,569,052 54,005,824 16,962,223 178,238,682 68,699,807 5,895,998 36,635,898 11,932,848 123,164,551 103,992,500 7,473,100 48,351,482 16,921,600 176,738,682 71,942,714 5,065,183 32,862,725 11,917,309 121,787,931 72,004,669 5,010,246 33,495,331 11,802,576 122,312,822 (3,304,862) 885,752 3,140,567 130,272 851,729 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 4,059,530 5,308,383 7,526,036 10,716,537 13,293,156 19,671,601 60,575,243 497,804 5,365,423 2,123,387 178,714 3,954,833 2,295,508 475,287 438,468 2,234,269 0 17,563,693 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 1,500,000 25,057,023 4,059,530 5,308,383 7,526,036 10,716,537 13,293,156 19,671,601 60,575,243 497,804 5,365,423 2,123,387 178,714 3,954,833 2,295,508 475,287 438,468 2,234,269 750,000 18,313,693 3,471,189 4,408,372 4,280,510 8,841,101 11,366,373 16,652,086 49,019,630 497,804 5,365,423 2,123,387 178,714 3,954,833 2,986,826 475,287 438,468 2,234,269 421,221 18,676,233 588,341 900,011 3,245,527 1,875,436 1,926,784 3,019,515 11,555,613 0 0 0 0 0 (691,319) 0 0 0 (421,221) (1,112,540) 5.0% 1.9% 3.0% (5.5%) (1.8%) (4.2%) 0.9% (8.3%) 27.8% (6.1%) (3.6%) (0.2%) (0.3%) (4.8%) 15.0% 8.6% 1.1% 0.7% 14.5% 17.0% 43.1% 17.5% 14.5% 15.3% 19.1% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% N/A (6.3%) 2,212,426 1,549,565 3,761,991 482,784 115,736 (347,683) 109,865 (99,586) 386,144 184,018 831,277 197,716 4,790,985 (61,956) 54,937 (632,606) 114,733 (524,891) 588,341 900,011 3,245,527 1,875,436 1,926,784 3,019,515 11,555,613 0 0 0 0 0 (691,319) 0 0 0 328,779 (362,540) 5.0% 1.9% 3.0% 0.9% 1.4% (2.1%) 0.7% (1.9%) 8.2% 1.0% 0.7% 5.8% 1.9% (0.1%) 1.1% (1.9%) 1.0% (0.4%) 14.5% 17.0% 43.1% 17.5% 14.5% 15.3% 19.1% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% 43.8% (2.0%) TOTAL REQUIREMENTS 282,849,317 201,303,486 282,849,317 200,676,866 190,008,685 11,294,802 5.6% 10,668,182 5.3% EXCESS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS 68,134,780 60,601,440 61,661,327 55,536,210 70,995,377 10,393,937 17.2% 15,459,166 27.8% Note: Columns may not add to totals shown because of rounding CITY OF AUSTIN AUSTIN-BERGSTROM INTERNATIONAL AIRPORT INCOME STATEMENT COMPARISON THIS YEAR VS. LAST YEAR This month - This Year vs. Last Year Fiscal YTD - This Year vs. Last Year FY25 (Jun 25) vs FY24 (Jun 24) FY25 (Oct 24 - Jun 25) vs FY24 (Oct 23 - Jun 24) FY25 Jun-25 FY24 Jun-24 Fav (Unfav) $ Variance Fav (Unfav) % Variance FY25 YTD Jun-25 FY24 YTD Jun-24 Fav (Unfav) $ Variance Fav (Unfav) % Variance 5,711,216 9,966,324 15,677,540 4,585,011 8,334,621 12,919,632 1,126,205 1,631,703 2,757,908 8,237,595 910,703 1,672,204 1,905,049 616,895 552,090 2,150,647 16,045,184 7,382,110 866,089 1,744,243 1,848,746 644,474 480,292 2,119,770 15,085,723 855,485 44,614 (72,039) 56,303 (27,579) 71,798 30,877 959,460 24.6% 19.6% 21.3% 11.6% 5.2% (4.1%) 3.0% (4.3%) 14.9% 1.5% 6.4% 46,225,593 84,670,299 130,895,892 39,171,470 70,912,133 110,083,603 7,054,124 13,758,166 20,812,289 56,623,468 8,438,229 16,400,468 15,352,433 5,207,258 5,098,102 19,393,776 126,513,732 55,020,914 8,161,007 17,255,602 15,293,925 5,269,416 4,319,489 17,612,975 122,933,327 1,602,553 277,221 (855,134) 58,508 (62,158) 778,613 1,780,801 3,580,405 441,353 32,164,076 494,232 28,499,587 (52,879) 3,664,489 (10.7%) 12.9% 3,594,437 261,004,061 3,975,913 236,992,843 (381,475) 24,011,219 8,205,499 558,360 3,815,690 1,402,720 13,982,269 7,097,110 444,357 3,285,226 1,303,487 12,130,180 (1,108,389) (114,004) (530,464) (99,232) (1,852,089) 451,003 589,820 836,226 1,189,604 1,477,000 2,282,470 6,826,123 55,312 596,158 235,932 19,857 416,298 331,870 52,810 48,719 248,252 421,221 2,426,428 451,338 589,820 836,226 1,196,330 1,477,104 1,734,242 6,285,060 51,658 554,544 179,559 16,837 290,286 393,263 43,978 38,123 105,726 0 1,673,974 334 0 0 6,726 104 (548,228) (541,063) (3,653) (41,614) (56,373) (3,020) (126,012) 61,394 (8,832) (10,596) (142,526) (421,221) (752,454) (15.6%) (25.7%) (16.1%) (7.6%) (15.3%) 0.1% 0.0% 0.0% 0.6% 0.0% (31.6%) (8.6%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 15.6% (20.1%) (27.8%) (134.8%) N/A (45.0%) 72,004,669 5,010,246 33,495,331 11,802,576 122,312,822 65,657,355 4,366,862 28,444,924 12,166,215 110,635,356 (6,347,314) (643,384) (5,050,406) 363,638 (11,677,466) 3,471,189 4,408,372 4,280,510 8,841,101 11,366,373 16,652,086 49,019,630 497,804 5,365,423 2,123,387 178,714 3,954,833 2,986,826 475,287 438,468 2,234,269 421,221 18,676,233 4,060,966 5,308,383 7,526,037 10,777,323 13,293,219 6,813,275 47,779,202 464,925 4,990,898 1,616,027 151,537 2,757,716 3,539,371 395,803 343,103 951,535 0 15,210,913 589,777 900,011 3,245,527 1,936,222 1,926,846 (9,838,810) (1,240,427) (32,879) (374,525) (507,360) (27,177) (1,197,118) 552,545 (79,484) (95,365) (1,282,734) (421,221) (3,465,319) 18.0% 19.4% 18.9% 2.9% 3.4% (5.0%) 0.4% (1.2%) 18.0% 10.1% 2.9% (9.6%) 10.1% (9.7%) (14.7%) (17.8%) 3.0% (10.6%) 14.5% 17.0% 43.1% 18.0% 14.5% (144.4%) (2.6%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 15.6% (20.1%) (27.8%) (134.8%) N/A (22.8%) 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 Trf to Subordinate Obligation Total Other Requirements Total Requirements 23,234,821 20,089,215 (3,145,606) (15.7%) 190,008,685 173,625,472 (16,383,212) (9.4%) SURPLUS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS Note: Columns may not add to totals shown because of rounding 8,929,255 8,410,373 518,883 6.2% 70,995,377 63,367,371 7,628,006 12.0%