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Airport reports modest revenue growth in Q2; projects and snow response outlined
Summary
Management reported Q2 revenue of $11,056,163 (up 4% year over year) driven by fuel sales; staff also updated the commission on AIP projects, noise wall progress and snowstorm operations.
Airport management presented the second-quarter financial report and a manager's project update and described operations during a recent snow event.
Manager Smith said the airport collected $11,056,163 in revenue for the quarter, a 4% increase over the same quarter last fiscal year, driven largely by higher fuel sales and increased vehicle/parking income. He reported fuel-sales revenue year to date rose roughly $3 million (about 25%), vehicle-related revenue (parking, taxi permits) grew about 16%, while fee income and investment interest declined.
On capital projects, Smith said two ground power units were delivered to support larger private aircraft ahead of the summer season, high-mast lights and ramp sequencing are being coordinated with McFarland Johnson, the commuter apron resurfacing is scheduled to be bid in March, and the noise wall drilling is complete with concrete pours expected shortly. DBE/ACDBE goals were approved and minor plan revisions are under FAA review.
Assistant airport manager Preston Herman summarized storm operations after the late-January storm: staff were called in for plowing and sanding, the airport restored at least one runway and taxiways for operations and held an after-action meeting to refine response. Commissioners thanked operations staff for their work.
No formal votes were taken on these operational and financial items during the meeting; the commission requested continued updates on schedule and budgets as projects proceed.
