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Authority reviews healthy year-to-date finances, ramp refurbishment and fencing needs
Summary
Finance staff reported improved year-to-date net results driven by strong jet-fuel sales; members discussed ramp refurbishment design timeline, upcoming RFPs for engineering and air-service consultants, leftover taxiway funds to pay for portions of fencing, and priority capital needs including an ARFF vehicle and new tower planning.
The airport authority reviewed a new financial-reporting format and a series of capital and operational projects, with staff reporting stronger year‑to‑date finances and several upcoming procurements.
Davin described a new Excel template (built with Jared Roser) that imports Athens‑Clarke County Munis data and generates the authority’s year-to-date and detailed financial numbers; he said the authority is roughly $1.4 million ahead of expenses versus roughly $990,000 at the same point last year. "When you look at actual revenue minus expenses, we're looking at about $1.4 million of additional revenue over expenses," Davin said.
Members noted fuel-price-driven expense increases but emphasized that revenues — driven by jet-fuel sales and facility usage — remain strong. Keith said the year-to-date revenue was up approximately 141% while expenses were up 114%, and described the overall position as "outstanding." The authority also noted the FAA inspection has not been scheduled yet.
On capital projects, Jason reported the ramp-refurbishment design timeline is aggressive (six to seven months) and that staff will coordinate construction timing with airport operations to avoid winter paving constraints. The authority plans RFPs for a new engineering services contract (covering planning, design and project management) and for a new air-service development consultant as existing contracts near expiration.
Fencing around the airfield was a recurring item. Members said leftover funds from the taxiway Bravo project can fund portions of new fencing; however, data-transfer issues between legacy accounting systems and Munis delayed access to some accounts. Members identified fencing as a priority to reduce wildlife and livestock incursions.
Other administrative items: the authority approved prior meeting minutes without objections; members discussed a draft 2025 annual report and asked staff to prepare the final version for a future meeting. The meeting concluded without additional formal actions beyond routine approvals.
Why it matters: Strong operating results and targeted capital work (ramp refurbishment, ARFF vehicle purchase and fencing) will shape near‑term safety and capacity at the airport. Contracts and RFPs will come forward for future authority review and budget action.
Next steps: Staff will circulate the updated annual report draft ahead of the July meeting, proceed with RFP scheduling for consultants and work to resolve Munis account access so fencing and PO issuance can proceed.
