20251008-002 Financial Report — original pdf

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1 24 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 Interest Income TOTAL REVENUE 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 CITY OF AUSTIN AUSTIN-BERGSTROM INTERNATIONAL AIRPORT Airport Operating Fund 5070 Income Statement - For Internal Use Only Fiscal Year to Date for 11 Month(s) ended August 31, 2025 FY 2025 Budget Budget Seasonalized 11 month(s) FY 2025 CYE CYE Seasonalized 11 month(s) Year to Date w/ Accruals Variance Fav (Unfav) % Variance Fav (Unfav) Variance Fav (Unfav) % Variance Fav (Unfav) Y-T-D to Budget Y-T-D to CYE 59,625,915 111,271,727 170,897,642 54,606,717 102,181,576 156,788,293 59,625,915 111,271,727 170,897,642 54,606,717 102,181,576 156,788,293 57,333,590 103,913,301 161,246,891 81,247,697 11,615,065 21,948,757 20,109,576 7,508,056 5,148,000 27,509,304 175,086,455 74,747,883 10,685,484 20,412,345 18,601,358 6,944,951 4,787,640 25,231,193 161,410,854 5,000,000 350,984,097 4,520,800 322,719,947 98,701,583 8,569,052 54,005,824 16,962,223 178,238,682 86,399,268 7,438,679 46,461,344 15,045,629 155,344,920 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 4,961,536 6,488,024 9,198,489 13,095,745 16,247,156 24,236,540 74,227,489 608,427 6,557,739 2,595,251 218,428 4,995,579 2,805,621 580,906 535,905 2,730,773 0 21,628,629 77,751,861 11,043,783 21,477,962 20,213,799 7,094,410 5,983,168 25,448,019 169,013,002 4,600,000 344,510,644 103,992,500 7,473,100 48,351,482 16,921,600 176,738,682 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 1,500,000 25,057,023 70,796,119 10,260,373 19,863,969 18,610,692 6,517,959 5,567,897 23,315,352 154,932,359 4,248,622 315,969,274 90,959,639 6,413,413 41,480,952 15,195,307 154,049,311 4,961,536 6,488,024 9,198,489 13,095,745 16,247,156 24,236,540 74,227,489 608,427 6,557,739 2,595,251 218,428 4,995,579 2,805,621 580,906 535,905 2,730,773 1,250,000 22,878,629 72,109,059 10,135,927 19,691,213 18,836,713 6,304,073 6,120,581 23,519,039 156,716,603 4,670,090 322,633,584 90,343,426 6,322,200 42,742,762 14,914,292 154,322,680 4,961,536 6,488,024 7,188,820 13,095,745 16,247,156 24,236,540 72,217,821 608,427 6,557,739 2,595,251 218,428 4,995,579 3,650,565 580,906 535,905 2,730,773 616,441 23,090,015 2,726,873 1,731,725 4,458,598 (2,638,824) (549,558) (721,132) 235,355 (640,878) 1,332,941 (1,712,154) (4,694,251) 149,290 (86,363) (3,944,158) 1,116,479 3,718,582 131,337 1,022,240 0 0 2,009,668 0 0 0 2,009,668 0 0 0 0 0 (844,945) 0 0 0 (616,441) (1,461,385) 5.0% 1.7% 2.8% (3.5%) (5.1%) (3.5%) 1.3% (9.2%) 27.8% (6.8%) (2.9%) 3.3% (0.0%) (4.6%) 15.0% 8.0% 0.9% 0.7% 0.0% 0.0% 21.8% 0.0% 0.0% 0.0% 2.7% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% N/A (6.8%) 0.6% N/A 2,726,873 1,731,725 4,458,598 1,312,940 (124,446) (172,756) 226,021 (213,886) 552,684 203,687 1,784,244 421,468 6,664,310 616,213 91,213 (1,261,810) 281,016 (273,369) 0 0 2,009,668 0 0 0 2,009,668 0 0 0 0 0 (844,945) 0 0 0 633,559 (211,385) 1,524,914 (9,546,000) 5.0% 1.7% 2.8% 1.9% (1.2%) (0.9%) 1.2% (3.3%) 9.9% 0.9% 1.2% 9.9% 2.1% 0.7% 1.4% (3.0%) 1.8% (0.2%) 0.0% 0.0% 21.8% 0.0% 0.0% 0.0% 2.7% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% 50.7% (0.9%) 0.6% N/A TOTAL REQUIREMENTS 282,849,317 251,201,038 282,849,317 251,155,429 249,630,516 1,570,523 Transfer In from Debt Service Reserve Fund 0 0 0 0 9,546,000 (9,546,000) EXCESS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS 68,134,780 71,518,909 61,661,327 64,813,845 82,549,068 11,030,160 15.4% 17,735,223 27.4% CITY OF AUSTIN AUSTIN-BERGSTROM INTERNATIONAL AIRPORT INCOME STATEMENT COMPARISON THIS YEAR VS. LAST YEAR This month - This Year vs. Last Year FY25 (Aug 25) vs FY24 (Aug 24) Fiscal YTD - This Year vs. Last Year FY25 (Oct 24 - Aug 25) vs FY24 (Oct 23 - Aug 24) FY25 Aug-25 FY24 Aug-24 Fav (Unfav) $ Variance Fav (Unfav) % Variance FY25 YTD Aug-25 FY24 YTD Aug-24 Fav (Unfav) $ Variance Fav (Unfav) % Variance 57,333,590 103,913,301 161,246,891 48,327,705 87,889,939 136,217,644 9,005,885 16,023,362 25,029,247 5,343,762 9,245,087 14,588,849 4,422,054 8,275,437 12,697,491 921,708 969,650 1,891,358 7,260,064 835,525 1,666,218 1,588,400 518,341 516,241 2,055,445 14,440,234 6,652,082 803,355 1,674,717 1,525,640 548,791 348,871 1,908,867 13,462,322 607,983 32,170 (8,499) 62,760 (30,449) 167,370 146,578 977,913 20.8% 11.7% 14.9% 9.1% 4.0% (0.5%) 4.1% (5.5%) 48.0% 7.7% 7.3% 563,535 29,592,618 638,113 26,797,926 (74,578) 2,794,693 (11.7%) 10.4% 10,570,715 716,303 5,200,999 1,676,372 18,164,388 8,860,408 551,862 4,007,026 1,613,203 15,032,498 451,003 589,820 836,226 1,189,604 1,477,000 2,282,470 6,826,123 55,312 596,158 235,932 19,857 624,447 331,870 52,810 48,719 248,252 0 2,213,356 116,729 20 (174) 1,196,330 1,477,104 1,734,242 4,524,251 51,658 554,544 179,559 16,837 435,429 393,263 43,978 38,123 105,726 0 1,819,117 (1,710,308) (164,441) (1,193,973) (63,169) (3,131,890) (334,275) (589,800) (836,400) 6,726 104 (548,228) (2,301,872) (3,653) (41,614) (56,373) (3,020) (189,019) 61,394 (8,832) (10,596) (142,526) 0 (394,239) (19.3%) (29.8%) (29.8%) (3.9%) (20.8%) (286.4%) > (1000.0%) > (1000.0%) 0.6% 0.0% (31.6%) (50.9%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 15.6% (20.1%) (27.8%) (134.8%) N/A (21.7%) 72,109,059 10,135,927 19,691,213 18,836,713 6,304,073 6,120,581 23,519,039 156,716,603 4,670,090 322,633,584 90,343,426 6,322,200 42,742,762 14,914,292 154,322,680 4,961,536 6,488,024 7,188,820 13,095,745 16,247,156 24,236,540 72,217,821 608,427 6,557,739 2,595,251 218,428 4,995,579 3,650,565 580,906 535,905 2,730,773 616,441 23,090,015 69,381,468 9,765,114 20,643,697 18,667,234 6,420,654 5,038,829 21,540,202 151,457,197 5,198,335 292,873,176 81,983,271 5,322,387 35,954,647 15,243,914 138,504,219 4,177,732 5,308,524 7,525,689 13,169,983 16,247,427 10,281,759 56,711,114 568,242 6,099,986 1,975,144 185,212 3,483,430 4,325,898 483,759 419,348 1,162,987 0 18,704,005 18.6% 18.2% 18.4% 3.9% 3.8% (4.6%) 0.9% (1.8%) 21.5% 9.2% 3.5% 2,727,591 370,812 (952,483) 169,479 (116,581) 1,081,752 1,978,837 5,259,406 (528,245) 29,760,408 (10.2%) 10.2% (8,360,155) (999,813) (6,788,115) 329,622 (15,818,461) (783,804) (1,179,500) 336,869 74,238 271 (13,954,781) (15,506,707) (40,186) (457,753) (620,107) (33,216) (1,512,149) 675,332 (97,147) (116,557) (1,567,786) (616,441) (4,386,010) (10.2%) (18.8%) (18.9%) 2.2% (11.4%) (18.8%) (22.2%) 4.5% 0.6% 0.0% (135.7%) (27.3%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 15.6% (20.1%) (27.8%) (134.8%) N/A (23.4%) 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 27,203,868 21,375,867 (5,828,001) (27.3%) 249,630,516 213,919,338 (35,711,178) (16.7%) Transfer In from Debt Service Reserve Fund 9,546,000 0 9,546,000 N/A 9,546,000 0 9,546,000 N/A SURPLUS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS 11,934,751 5,422,059 6,512,692 120.1% 82,549,068 78,953,838 3,595,230 4.6%