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Airport authority reports stronger‑than‑expected 2025 draft finances; projects remain on track
Summary
At a recent Airport Authority Board meeting, staff presented draft December 2025 financials showing roughly $1 million in net operating surplus versus budget and said terminal and parking projects are tracking on budget; the board voted to receive the draft financials pending audit.
At the Airport Authority Board meeting, staff presented draft December 2025 financials and told the board the airport was about $1,000,000 over its operating budget for the year and, when interest income is included, roughly $2,000,000 over budget. The presenter cautioned these statements reflect draft numbers and that an audit, beginning next week, could change the final figures.
The finance presenter said the airport’s cost per enplaned passenger remains low — about $4.40 — a metric they said airlines monitor when making service decisions. Staff also reported an approximate 8% increase in enplanements over the prior…
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