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Lancaster Airport Authority reports $6.95 million in cash and reserves, approves monthly financials
Summary
Treasurer Daniel Ruppert reported combined cash and cash equivalents of $6,948,528.51 as of Dec. 31, 2025; the board approved the monthly financial report subject to audit.
Treasurer Daniel Ruppert presented the combined General Fund, Alliance Aviation, and Airline Services accounts for the period ending Dec. 31, 2025 and noted the Authority had $6,948,528.51 in total cash and cash equivalents. Ruppert highlighted line items ahead of budget including landfill revenue, investment interest, wages and insurance, and moved the financial reports for approval "subject to audit." The motion passed unanimously.
Ruppert's report showed a mix of variances across accounts: Alliance Aviation reported positive revenues year‑to‑date while Airline Services remained negative; general fund YTD net revenue and accounts receivable and payable balances were provided in the board packet. The board approved the financial statements as distributed and recorded the approval for audit review.
