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Home My WebLink About901301.tiff r• 19 i1� GREELEY-WELD COUNTY AIRPORT Post Once Box 727 �� Greeley, Colorado 80692 303!356-9141 -co "W December 11, 1990 Board of County Commissioners Weld County P. O. Box 758 Greeley, CO 80632 Gentlemen: Enclosed is a copy of the Greeley-Weld County Airport Authority's approved 1991 budget for your files. Sincerely, Gloria Draht Office Manager A peityb • GXY UNICOM 122.8;IGXY IL5. 110.5!GX LOM 3h8�GLL VCR 1128 901302 An{.� I` I/2Ct GREELEY-WELD COUNTY AIRPORT AUTHORITY Airport Fund Budget Budget Year Ending December 31 , 1991 Actual Prior Estimated Final Year Budget Current Year Budget 1989 1990 1990 1991 WORKING CAPITAL Beginning of Year ( 149 ,543 ) 0 ( 81 ,521 ) 172 ,976 REVENUES Airport Leases & Rentals Land Rents 54 ,788 56 ,000 60 ,300 60 ,000 T-Hangar Rents 153 ,348 152 ,000 142 ,300 145 ,000 Other Airport Oper . Rev. Fuel Flow Fees 24 ,848 18 ,000 13 ,400 15 ,000 Operators Licenses 3 ,900 4 ,700 4 ,700 4 ,700 Colorado Fuel Tax 22,466 20 ,000 20,000 20 ,000 Finance Charges 1 , 113 1 ,000 1 ,000 1 ,000 Miscellaneous Revenue 1 ,031 1 ,500 750 750 Total Airport Oper . Revenue 261 ,494 253 ,200 242 ,450 246 ,450 Terminal Sales Aviation Gas 0 0 261 ,200 232 ,000 Jet Fuel 0 0 302 ,400 308 ,500 Auto Gas 0 0 5 ,000 3 ,000 Oil 0 0 1 , 100 1 ,300 Vending 0 0 1 ,000 1 ,000 Pilot Supplies 0 0 11 ,800 12 ,000 Volume Discounts 0 0 ( 88 ,371 ) ( 84 ,228 ) Total Net Sales 0 0 494 , 129 473,572 Cost of Sales Aviation Gas 0 0 148 ,800 132 , 165 Jet Fuel 0 0 147 ,200 150 , 169 Auto Gas 0 0 4 ,000 2 ,250 Oil 0 0 900 1 ,000 Vending 0 0 600 600 Pilot Supplies 0 0 9 ,900 10 ,000 Total Cost of Sales 0 0 311 ,400 296 , 184 Gross Margin 0 0 182 ,729 177 ,388 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund , Cont 'd 1989 1990 1990 1991 Other Terminal Oper . Rev. Tie Down 0 0 3 ,500 3 ,500 Building 0 0 2 ,500 1 ,500 Oxygen 0 O 600 600 Finance Charges 0 0 1 ,000 1 ,000 Miscellaneous O 0 1 ,000 1 ,000 Total Terminal Oper . Rev . 0 O 191 ,329 184 ,988 Farm Revenue Crops 89 ,988 111 ,720 101 ,720 26 ,720 Government Payments 7 ,639 8 ,000 8 ,000 8 ,000 Rents 280 280 280 280 Total Farm Revenue 97 ,907 120 ,000 110 ,000 35 ,000 Non-Operating Revenue Grants from F .A .A. 13 ,248 688 ,000 452 ,026 188 ,000 Local Government Approp . 46 ,295 76 ,500 50 ,225 20 ,900 Earnings on Investments 7 ,556 7 ,500 5 ,600 5 ,600 Oil & Gas Lease Revenue 4 ,930 4 ,000 5 ,600 9 ,000 Proceeds-Long Term Debt 58 ,666 0 0 0 Proceeds-Sale of Equip . 979 1 ,000 2 ,000 2 ,000 Principal on Note Rec . 7 ,946 0 9 ,602 10 ,683 Transfer - Terminal Fund 0 0 202 ,765 0 Total Non-Operating Rev . 139 ,620 777 ,000 727 ,818 236 , 183 TOTAL RESOURCES AVAILABLE 349 ,478 1 , 150 ,200 1 , 190 ,076 875 ,597 EXPENDITURES Airport Personnel Services Salaries & Wages 73 ,668 70 ,000 70 ,000 73,500 FICA 5 ,256 5 ,600 6 , 100 5 ,600 Health & Life Insurance 3 ,496 3 ,400 6 ,400 10,000 Workmen 's Compensation 2 ,743 3 ,300 2 ,400 2 ,400 Unemploymnt Compensation 222 1 ,000 1 ,000 1 ,000 Retirement 0 4 ,000 3 ,000 0 Airport Contract Services Auditing & Professional 3 ,950 3 ,500 2 ,750 2 ,750 Security 328 350 300 300 Legal 3 ,698 3 ,000 2 ,000 3 .000 Engineering 400 0 1 ,000 1 ,000 Other Contract Work 0 1 ,000 0 1 ,000 Airport Supplies Office Supplies 1 ,424 1 ,500 1 ,000 1 ,000 Other Supplies 3 ,236 4 ,000 3 ,400 4 ,000 Uniforms & Clothing 0 200 200 200 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund , Cont 'd 1989 1990 1990 1991 Airport Repairs & Maint . Buildings 2,007 2 ,000 2 ,000 4 ,000 Equipment 5 ,930 6 ,000 6 ,000 8 ,000 Grounds 46, 160 16 ,000 16 ,000 22 ,000 Airport Utilities Telephone 4 , 187 3 ,800 5 ,200 5 ,000 Electric 4 ,307 5 ,000 5 ,600 6 ,000 Water 853 800 800 800 Gas 1 ,860 2 ,000 3 ,200 4 ,000 Other Airport Expenses Insurance 13 ,235 9 ,000 10 ,000 10 ,000 Equipment Rent 2 ,050 3 ,000 2 , 100 2 , 100 Dues & Subscriptions 1 ,780 2 ,440 2 ,240 1 ,740 Miscellaneous 757 3 ,000 1 ,000 1 ,500 Bad Debts 567 500 200 1 ,000 Postage 971 1 ,200 1 ,000 1 ,000 Promotion & Advertising 503 2,000 2 ,000 2 ,000 Fuel for Equipment 3 ,229 2 ,800 4 ,200 4 ,200 Meetings & Travel 4 ,030 4 ,500 4 ,200 1 ,500 Total Airport Operating Exp 190 ,847 164 ,890 165 ,290 180 ,590 Terminal Personnel Services Salaries & Wages 0 0 51 ,400 54 ,000 FICA O 0 4 ,200 4 , 100 Health & Life Insurance 0 0 1 ,700 2 ,000 Workmen 's Compensation 0 0 2 ,400 3 ,000 Unemployment Insurance 0 0 0 100 Terminal Contract Services Auditing 0 0 2 ,750 2 ,750 Security 0 0 300 300 Legal 0 0 200 1 ,000 Tank Testing 0 0 2 , 175 2 ,300 Terminal Supplies Office Supplies 0 0 1 , 100 1 ,600 Other Supplies 0 0 3 ,200 3 ,200 Uniforms & Clothing 0 0 1 ,000 1 ,000 Terminal Repairs & Maint . Buildings 0 0 2 ,000 2 ,000 Equipment 0 0 2 ,500 2 ,000 Grounds 0 0 2 ,000 1 ,000 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund , Cont 'd 1989 1990 1990 1991 Terminal Utilities Telephone 0 0 4 ,300 4 ,000 Electric 0 0 4 ,000 4 ,000 Water 0 0 300 400 Gas 0 0 800 800 Other Terminal Expenses Insurance 0 0 6 ,300 6 ,300 Equipment Rent 0 0 17 ,600 19 ,600 Dues & Subscriptions 0 0 750 550 Miscellaneous 0 0 1 ,856 1 ,850 Bad Debts 0 0 50 1 ,000 Postage 0 0 900 1 ,000 Promotion & Advertising 0 0 2 ,000 2,000 Fuel for Equipment 0 0 1 ,200 1 ,200 Meetings & Travel 0 0 1 ,900 0 Credit Card Process Chrg 0 0 2 ,000 2 ,000 Total Terminal Oper . Exp . 0 0 120 ,881 125 ,050 Farm Expenditures Salaries & Wages 0 0 3 ,000 0 FICA 0 O 300 0 Chemical Applications 31 ,095 33 ,000 34 ,000 10 ,000 Management Fee 15 ,455 16 ,000 2 ,700 0 Machine Hire 26,757 28 ,000 35 ,000 0 Freight 529 1 ,000 0 0 Seed 5 ,712 6 ,000 6 ,000 2 ,000 Other Supplies 0 0 0 0 Repairs & Maintenance 644 1 ,000 3 ,000 3 ,000 Electric 4 , 174 5 ,000 5 ,000 5 ,000 Water 3 ,357 4 ,000 4 ,000 4 ,000 Gas 797 1 ,000 1 ,000 0 Interest 2 ,345 3 ,000 3 ,000 0 Miscellaneous 5 O 1 ,000 1 ,000 Fuel for Equipment 1 ,269 2 ,000 2 ,000 0 Total Farm Expenditures 92, 139 100 ,000 100 ,000 25 ,000 Capital Outlay Airport Property & Equip 40 ,240 105,000 18 ,236 138 ,039 Terminal Prop . & Equip . 0 0 683 0 Master Plan Update 14 ,720 0 0 0 Rehab . Apron & Taxiway 0 555 ,600 502 ,251 0 Land Purch.-Airy . Expan . 0 208 ,900 0 208 ,900 Total Capital Outlay 54 ,960 869 ,500 521 , 170 346 ,939 Actual Prior Estimated Final Year Budget Current Year Budget . Airport Fund, Cont 'd 1989 1990 1990 1991 Debt Service - Airport Interest Expense 47 ,968 45 ,000 40 ,400 35 ,000 Principal 45,085 62 ,241 61 ,276 47 ,038 Debt Service - Terminal Interest Expense 0 0 2 ,400 3 ,000 Principal 0 0 5 ,683 6 ,469 Total Debt Service 93 ,053 107 ,241 109 ,759 91 ,507 TOTAL EXPENDITURES 430 ,999 1 ,241 ,631 1 ,017 , 100 769 ,086 WORKING CAPITAL End of Year ( 81 ,521 ) ( 91 ,431 ) 172 ,976 106 ,511 GREELEY-WELD COUNTY AIRPORT AUTHORITY Terminal Fund Budget Budget Year Ending December 31 , 1991 Actual Prior Estimated Final Year Budget Current Year Budget 1989 1990 1990 1991 WORKING CAPITAL Beginning of Year 138 ,788 0 202 ,765 0 REVENUES Sales Aviation Gas 232,679 232 ,000 0 0 Jet Fuel 296 ,448 290 ,000 0 0 Auto Gas 7 ,798 9 ,000 0 0 Oil 1 ,257 1 ,300 0 0 Vending 7 ,392 7 ,000 0 0 Pilot Supplies 9 ,607 8 ,500 0 0 Volume Discounts ( 78 ,208 ) ( 78 ,200 ) 0 0 Total Net Sales 476 ,973 469 ,600 0 0 Cost of Sales Aviation Gas 137 ,326 138 ,000 0 0 Jet Fuel 129 ,469 124 ,000 0 0 Auto Gas 5 ,552 5 ,500 0 0 Oil 1 ,075 1 ,200 0 0 Vending 6 , 126 5 ,800 0 0 Pilot Supplies 10 ,380 6 ,500 0 0 Total Cost of Sales 289 ,928 281 ,000 0 0 Gross Margin 187 ,045 188 ,600 0 0 Leases and Rentals Tie Down 10 ,490 10 ,200 0 0 Building 3,930 4 ,500 0 0 Other Revenue Finance Charges 1 ,203 1 ,000 0 0 Proceeds-Sale of Assets 1 ,514 0 0 0 Miscellaneous 2,007 1 ,000 0 0 TOTAL RESOURCES AVAILABLE 344 ,977 205 ,300 202 ,765 0 EXPENDITURES Personnel Services Salaries 55 ,708 57,800 0 0 FICA 4 ,001 4 ,300 0 0 Health & Life Insurance 1 ,210 1 ,400 0 0 Workman's Compensation 2 ,743 1 ,000 0 0 Actual Prior Estimated Final Year Budget Current Year Budget Terminal Fund , Cont 'd 1989 1990 1990 1991 Contractual Services Legal 798 1 ,000 0 0 Auditing 3 ,950 3 ,000 0 0 Other 348 300 0 0 Supplies Office Supplies 1 ,538 1 ,600 0 0 Uniforms & Clothing 2 , 132 1 ,000 0 0 Consumable Supp . & Tools 4 ,272 3 ,400 0 0 Repairs & Maintenance Buildings 1 ,291 0 0 Equipment 3 ,337 5 ,000 0 0 Utilities Telephone 3 ,591 3,600 0 0 Electric 4 , 111 4 ,000 0 0 Water 367 500 0 0 Gas 952 950 0 0 Other Credit Card Process Chrg 1 ,562 1 ,600 0 0 Insurance 6,297 5 ,300 0 0 Equipment Rent 19 ,237 19 ,600 0 0 Fuel 894 1 ,000 0 0 Postage 696 800 0 O Miscellaneous 2 ,682 3 ,000 0 0 Bad Debts 248 50 O 0 Promotion & Advertising 522 2 ,000 0 0 Travel & Transportation 1 ,561 2 ,200 0 0 Dues & Subscriptions 553 550 0 0 Total Operating Expenses 124 ,601 124 ,950 0 0 Capital Outlay Equipment 7 , 130 0 0 0 Debt Service Interest Expense 4 ,043 4 ,000 0 0 Principal 6 ,438 0 0 0 Total Debt Service 10 ,481 4 ,000 0 0 Transfer to Airport Fund 0 0 202 ,765 0 TOTAL EXPENDITURES 142,212 128 ,950 202 ,765 0 WORKING CAPITAL End of Year 202 ,765 76 ,350 0 0 GREELEY-WELD COUNTY AIRPORT AUTHORITY Combined Budget Summary All Funds Budget Year Ending December 31 , 1991 Actual Prior Estimated Final Year Budget Current Year Budget 1989 1990 1990 1991 AIRPORT FUND Resources Work Capital-Beg . of Yr .. ( 149 .543 ) 0 ( 81 ,521 ) 172 ,976 Airport Operating Rev. 261 ,494 253 ,200 242 ,450 246 ,450 Terminal Operating Rev . 0 0 191 ,329 184 ,988 Farm Revenue 97 ,907 120 ,000 110 ,000 35 ,000 Non-Operating Revenue 139,620 777 ,000 727 ,818 236 ,183 Total Resources Available 349 ,478 1 , 150 ,200 1 , 190 ,076 875 ,597 Expenditures Airport Operating Exp . 190 ,847 164 ,890 165 ,290 180 ,590 Terminal Operating Exp . 0 O 120 ,881 125 ,050 Farm Expenses 92, 139 100 ,000 100 ,000 25 ,000 Capital Outlay 54 ,960 869 ,500 521 , 170 346 ,939 Debt Service 93 ,053 107 ,241 109 ,759 91 ,507 Total Expenditures 430 ,999 1 ,241 ,631 1 ,017 , 100 769,086 Working Capital-End of Year ( 81 ,521 ) ( 91 ,431 ) 172 ,976 106 ,511 TERMINAL FUND Resources Work Capital--Beg . of Yr . 138 ,788 O 202 ,765 O Operating Revenue 206 , 189 205 ,300 0 0 Total Resources Available 344 ,977 205 ,300 202 ,765 0 Expenditures Operating Expenses 124 ,601 124 ,950 0 0 Capital Outlay 7 , 130 0 O 0 Debt Service 10 ,481 4 ,000 0 0 Transfer to Airport Fund 0 0 202 ,765 0 Total Expenditures 142 ,212 128 ,950 202 ,765 0 Working Capital-End of Year 202 ,765 76 ,350 0 0 Actual Prior Estimated Final Year Budget Current Year Budget 1989 1990 1990 1991 TOTAL ALL FUNDS Resources Work Capital-Beg , of Yr . ( 10 ,755 ) 0 121 ,244 172 ,976 Operating Revenue 467,683 458 ,500 433 ,779 431 ,438 Farm Revenue 97 ,907 120 ,000 110 ,000 35,000 Non-Operating Revenue 139 ,620 777 ,000 727 ,818 236 , 183 Total Resources Available 694 ,455 1 ,355 ,500 1 ,392 ,841 875,597 Expenditures Operating Expenses 315 ,448 289 ,840 286 , 171 305 ,640 Farm Expenses 92, 139 100 ,000 100 ,000 25 ,000 Capital Outlay 62 ,090 869 ,500 521 , 170 346,939 Debt Service 103 ,534 111 ,241 109 ,759 91 ,507 Transfer to Airport Fund 0 0 202 ,765 0 Total Expenditures 573 ,211 1 ,370,581 1 ,219 ,865 769 ,086 Working Capital-End of Year 121 ,244 ( 15 ,081 ) 172 ,976 106 ,511 GREELEY-WELD COUNTY AIRPORT AUTHORITY Capital Needs Forecast All Funds Budget Year Ending December 31 , 1991 Actual Prior Estimated Final Year Budget Current Year Budget 1989 1990 1990 1991 AIRPORT FUNDED Airport Property & Equip . Jeep Pickup 10,061 O 0 0 Computer Printer 659 0 0 O Chev. 4X4 Pickup 6,000 0 0 0 Major Repair - Asphalt 2 ,780 0 0 0 Ramp - North of Monfort 9 ,592 0 0 0 Paving Emery Roadway 7 ,700 0 0 O Bathroom - Farm House 1 ,269 0 0 0 349 ft . Concrete Ditch 2 , 179 0 0 0 Case Tractor 0 7,000 6 ,852 0 Mower 0 3,000 2 ,950 0 Wind Indicator O 0 1 ,634 0 Plow/Truck 0 7 ,000 6 ,800 O Replace Maint . Equip . 0 33 ,000 O 0 Overlay Entrance Roads 0 15 ,000 0 33 ,039 Automate Office Equip . O 10 ,000 0 10 ,000 Establish Fuel Farm 0 30 ,000 0 50 ,000 Seal Runway 09/27 0 0 0 45 ,000 Total Airport Prop. & Equip 40 ,240 105 ,000 18 ,236 138,039 Terminal Prop. & Equipment Ice Machine 500 0 0 O Unicom Radio 700 0 0 0 Power Generator - A.P .U . 4 ,750 0 0 0 Used Fuel Pump 1 , 180 0 0 0 Unicorn Console Box 0 0 683 0 Total Terminal Prop. & Eq. 7 , 130 0 683 0 TOTAL AIRPORT FUNDED 47 ,370 105,000 18 ,919 138 ,039 F .A .A ./CITY-COUNTY FUNDED Rehab. Apron & Taxiways 0 555 ,600 502 ,251 0 Land Purch .-Airp . Expansion 0 208 ,900 0 208 ,900 Update Master Plan 14 ,720 0 0 0 TOTAL FAA/CITY-CNTY FUNDED 14 ,720 764 ,500 502,251 208,900 TOTAL CAPITAL OUTLAY 62,090 869 ,500 521 ,170 346 ,939 Hello