20251112-002_2 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 12 Month(s) ended September 30, 2025 FY 2025 Budget Budget Seasonalized 12 month(s) FY 2025 CYE CYE Seasonalized 12 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 1 26 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 59,625,915 111,271,727 170,897,642 59,625,915 111,271,727 170,897,642 59,625,915 111,271,727 170,897,642 62,435,446 113,181,332 175,616,778 81,247,697 11,615,065 21,948,757 20,109,576 7,508,056 5,148,000 27,509,304 175,086,455 81,247,697 11,615,065 21,948,757 20,109,576 7,508,056 5,148,000 27,509,304 175,086,455 77,751,861 11,043,783 21,477,962 20,213,799 7,094,410 5,983,168 25,448,019 169,013,002 77,751,861 11,043,783 21,477,962 20,213,799 7,094,410 5,983,168 25,448,019 169,013,002 79,365,307 11,135,050 20,707,247 20,101,474 6,826,153 6,674,020 26,732,084 171,541,335 Interest Income TOTAL REVENUE 5,000,000 350,984,097 5,000,000 350,984,097 4,600,000 344,510,644 4,600,000 344,510,644 5,250,600 352,408,713 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 98,701,583 8,569,052 54,005,824 16,962,223 178,238,682 103,992,500 7,473,100 48,351,482 16,921,600 176,738,682 103,992,500 7,473,100 48,351,482 16,921,600 176,738,682 104,736,591 7,325,664 48,882,635 17,143,922 178,088,812 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 5,412,539 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 5,412,539 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 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 5,412,571 7,077,844 8,025,047 14,285,349 17,724,156 26,519,009 79,043,976 663,739 7,153,897 2,831,183 238,285 5,411,877 3,982,435 633,716 584,624 2,979,025 1,030,457 25,509,238 2,809,531 1,909,605 4,719,136 (1,882,390) (480,015) (1,241,510) (8,102) (681,903) 1,526,020 (777,221) (3,545,120) 250,600 1,424,616 (6,035,008) 1,243,388 5,123,189 (181,699) 149,870 (32) 0 2,009,668 0 0 0 2,009,636 0 0 0 0 0 (921,758) 0 0 0 (1,030,457) (1,952,215) 4.7% 1.7% 2.8% (2.3%) (4.1%) (5.7%) (0.0%) (9.1%) 29.6% (2.8%) (2.0%) 5.0% 0.4% (6.1%) 14.5% 9.5% (1.1%) 0.1% (0.0%) 0.0% 20.0% 0.0% 0.0% 0.0% 2.5% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% N/A (8.3%) 0.1% N/A 2,809,531 1,909,605 4,719,136 1,613,446 91,267 (770,715) (112,325) (268,257) 690,852 1,284,064 2,528,333 650,600 7,898,069 (744,091) 147,436 (531,153) (222,322) (1,350,130) (32) 0 2,009,668 0 0 0 2,009,636 0 0 0 0 0 (921,758) 0 0 0 469,543 (452,215) 207,291 9,546,000 4.7% 1.7% 2.8% 2.1% 0.8% (3.6%) (0.6%) (3.8%) 11.5% 5.0% 1.5% 14.1% 2.3% (0.7%) 2.0% (1.1%) (1.3%) (0.8%) (0.0%) 0.0% 20.0% 0.0% 0.0% 0.0% 2.5% 0.0% 0.0% 0.0% 0.0% 0.0% (30.1%) 0.0% 0.0% 0.0% 31.3% (1.8%) 0.1% N/A TOTAL REQUIREMENTS 282,849,317 282,849,317 282,849,317 282,849,317 282,642,026 207,291 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 68,134,780 61,661,327 61,661,327 79,312,687 11,177,907 16.4% 17,651,360 28.6% CITY OF AUSTIN AUSTIN-BERGSTROM INTERNATIONAL AIRPORT INCOME STATEMENT COMPARISON THIS YEAR VS. LAST YEAR This month - This Year vs. Last Year FY25 (Sep 25) vs FY24 (Sep 24) Fiscal YTD - This Year vs. Last Year FY25 (Oct 24 - Sep 25) vs FY24 (Oct 23 - Sep 24) FY25 Sep-25 FY24 Sep-24 Fav (Unfav) $ Variance Fav (Unfav) % Variance FY25 YTD Sep-25 FY24 YTD Sep-24 Fav (Unfav) $ Variance Fav (Unfav) % Variance 5,101,856 9,268,031 14,369,887 4,794,466 11,280,605 16,075,071 307,390 (2,012,574) (1,705,184) 6.4% (17.8%) (10.6%) 62,435,446 113,181,332 175,616,778 53,122,171 99,170,544 152,292,715 7,256,249 999,124 1,016,034 1,264,761 522,081 553,439 3,213,045 14,824,732 6,779,040 911,616 976,566 1,308,747 530,324 506,328 3,186,642 14,199,263 477,209 87,508 39,468 (43,986) (8,244) 47,111 26,403 625,469 7.0% 9.6% 4.0% (3.4%) (1.6%) 9.3% 0.8% 4.4% 580,511 29,775,129 (196,484) 30,077,850 776,994 (302,721) (395.4%) (1.0%) 14,393,165 1,003,464 6,139,873 2,229,631 23,766,132 12,288,497 1,120,503 5,845,691 1,851,954 21,106,646 451,035 589,820 836,226 1,189,604 1,477,000 2,282,470 6,826,155 55,312 596,158 235,932 19,857 416,298 331,870 52,810 48,719 248,252 414,016 2,419,223 451,159 2,764 170 1,196,317 1,477,473 1,734,241 4,862,125 51,658 554,544 179,559 16,837 290,286 1,294,094 43,978 38,123 105,726 0 2,574,805 (2,104,668) 117,039 (294,181) (377,676) (2,659,486) 124 (587,056) (836,056) 6,713 473 (548,228) (1,964,031) (3,653) (41,614) (56,373) (3,020) (126,012) 962,225 (8,832) (10,596) (142,526) (414,016) 155,582 (17.1%) 10.4% (5.0%) (20.4%) (12.6%) 0.0% > (1000.0%) > (1000.0%) 0.6% 0.0% (31.6%) (40.4%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 74.4% (20.1%) (27.8%) (134.8%) N/A 6.0% 79,365,307 11,135,050 20,707,247 20,101,474 6,826,153 6,674,020 26,732,084 171,541,335 5,250,600 352,408,713 104,736,591 7,325,664 48,882,635 17,143,922 178,088,812 5,412,571 7,077,844 8,025,047 14,285,349 17,724,156 26,519,009 79,043,976 663,739 7,153,897 2,831,183 238,285 5,411,877 3,982,435 633,716 584,624 2,979,025 1,030,457 25,509,238 76,160,508 10,676,730 21,620,263 19,975,981 6,950,978 5,545,157 24,726,843 165,656,460 5,001,851 322,951,026 94,271,768 6,442,890 41,800,339 17,095,868 159,610,865 4,628,891 5,311,288 7,525,859 14,366,300 17,724,900 12,016,000 61,573,238 619,900 6,654,530 2,154,703 202,049 3,773,716 5,619,992 527,737 457,471 1,268,713 0 21,278,811 9,313,275 14,010,787 23,324,062 3,204,799 458,320 (913,016) 125,493 (124,825) 1,128,863 2,005,240 5,884,875 248,749 29,457,687 (10,464,823) (882,774) (7,082,296) (48,054) (18,477,947) (783,680) (1,766,556) (499,188) 80,951 744 (14,503,009) (17,470,738) (43,839) (499,367) (676,480) (36,236) (1,638,161) 1,637,557 (105,979) (127,153) (1,710,312) (1,030,457) (4,230,427) 17.5% 14.1% 15.3% 4.2% 4.3% (4.2%) 0.6% (1.8%) 20.4% 8.1% 3.6% 5.0% 9.1% (11.1%) (13.7%) (16.9%) (0.3%) (11.6%) (16.9%) (33.3%) (6.6%) 0.6% 0.0% (120.7%) (28.4%) (7.1%) (7.5%) (31.4%) (17.9%) (43.4%) 29.1% (20.1%) (27.8%) (134.8%) N/A (19.9%) 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 33,011,511 28,543,576 (4,467,934) (15.7%) 282,642,026 242,462,914 (40,179,112) (16.6%) Transfer In from Debt Service Reserve Fund 0 0 0 N/A 9,546,000 0 9,546,000 N/A SURPLUS (DEFICIT) OF TOTAL AVAILABLE FUNDS OVER TOTAL REQUIREMENTS (3,236,381) 1,534,274 (4,770,655) (310.9%) 79,312,687 80,488,112 (1,175,425) (1.5%)