Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Report topic
No spam. Unsubscribe anytime.
Monthly financial report: Lancaster Airport Authority reports $6.05 million in cash and rising April revenues
Summary
Treasurer Daniel Ruppert presented the financial report for the period ending April 30, 2026: combined April revenue $178,465.89, year-to-date net revenue $225,994.40, and total cash and cash equivalents $6,051,279.75; board approved the reports subject to audit.
Treasurer Daniel Ruppert reviewed the Authority's financial reports for the period ending April 30, 2026 and reported that accounts are generally in line with budget. Combined reporting period (April) revenue across General Fund, Alliance Aviation, and Airline Services was $178,465.89 with year-to-date net revenue of $225,994.40.
The minutes list detailed balances: General Fund checking $11,112.29; General Fund liquid reserves $698,284.95; Certificate of Deposit $3,641,000.00; PLGIT accounts totaling $1,502,615.74 (combined prime and term); total cash and cash equivalents $6,051,279.75. Alliance Aviation accounts receivable and payable, and general fund receivables/payables were also reported. The financial reports were approved subject to audit.
