The URL can be used to link to this page

Browse Search

Home My WebLink About920458.tiff_ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. CI r. A c '' �lCR/[ inhY rTr ) 1 f HifUU®lN/ 1Tp�A/NPOHI P.O. Box 727. Greeley, CO 80O2 309/358-9141 ,54X303/356-2643 December 27 , 1991 Board of County Commissioners County of Weld P. O. Box 758 Greeley, CO 80632 Gentlemen: Enclosed is a copy of the Greeley-Weld County Airport Authority's approved 1992 Budget for your files . Sincerely, Kevin S. Bunnell Airport Manager RPOLUg GrrUMrFOAP ?- r� ;, +.Crt;_✓ .'_ r 4� ,..� 9204bu IoiCP- GREELEY-WELD COUNTY AIRPORT AUTHORITY Combined Budget Summary All Funds Budget Year Ending December 31 , 1992 Actual Prior Estimated Final Year Budget Current Year Budget 1990 1991 1991 1992 AIRPORT FUND Resources Work Capital-Beg . of Yr . 101 , 130 172,976 68 , 128 99,427 Airport Operating Rev . 240,349 246 ,450 242 ,220 237,300 Terminal Operating Rev . 184 ,967 184 ,988 177 ,070 189 ,900 Farm Revenue 79,466 35 ,000 10 ,734 10 ,280 Non-Operating Revenue 471 ,027 236 , 183 80,048 91 ,585 Total Resources Available 1 ,076 ,939 875 ,597 578 ,200 628,492 Expenditures Airport Operating Exp . 170,651 180 ,590 166,792 225 ,021 Terminal Operating Exp. 138 ,091 125 ,050 131 ,885 144 ,330 Farm Expenses 98 , 157 25 ,000 1 ,973 0 Capital Outlay 496 ,086 346 ,939 65 ,303 109,900 Debt Service 105 ,826 91 ,507 112,820 90 , 170 Total Expenditures 1 ,008 ,811 769,086 478 ,773 569,421 Working Capital-End of Year 68 , 128 106 ,511 99 ,427 59 ,071 TERMINAL FUND Combined with Airport Fund January 1 , 1990 GREELEY-WELD COUNTY AIRPORT AUTHORITY Airport Fund Budget Budget Year Ending December 31 , 1992 Actual Prior Estimated Final Year Budget Current Year Budget 1990 1991 1991 1992 WORKING CAPITAL Beginning of Year 101 ,130 172 ,976 68 , 128 99,427 REVENUES Airport Leases & Rentals Land Rents 57,789 60 ,000 57 ,800 60 ,000 1-Hangar Rents 144 , 105 145,000 148 ,000 148 ,000 Other Airport Oper . Rev . Fuel Flow Fees 15, 121 15,000 14 ,000 6 ,000 Operators Licenses 2 ,900 4 ,700 3 ,600 4 ,500 Colorado Fuel Tax 19 ,624 20 ,000 17 ,800 18,000 Finance Charges 779 1 ,000 270 500 Miscellaneous Revenue 31 750 750 300 Total Airport Oper . Revenue 240 ,349 246 ,450 242 ,220 237,300 Terminal Sales Aviation Gas 253,232 232 ,000 232 ,000 242 ,000 Jet Fuel 338,253 308,500 380 ,000 370 ,000 Auto Gas 4 ,914 3 ,000 6 ,200 10,000 Oil 1 , 117 1 ,300 1 ,900 2 ,200 Vending 949 1 ,000 400 400 Pilot Supplies 12 ,211 12 ,000 12 ,700 14 ,000 Volume Discounts ( 85 ,295 ) ( 84 ,228 ) ( 85,400 ) ( 90 ,000 ) Total Net Sales 525 ,381 473 ,572 547 ,800 548,600 Cost of Sales Aviation Gas 152 ,695 132 , 165 154 ,000 155 ,400 Jet Fuel 179 ,883 150, 169 208,000 195 ,200 Auto Gas 4 ,298 2 ,250 3 ,700 6 ,250 Oil 898 1 ,000 1 ,500 1 ,800 Vending 764 600 350 350 Pilot Supplies 10,601 10,000 10 , 120 11 ,200 Total Cost of Sales 349 , 139 296 , 184 377 ,670 370 ,200 Gross Margin 176 ,242 177 ,388 170, 130 178 ,400 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund , Cont 'd 1990 1991 1991 1992 Other Terminal Oper . Rev . Tie Down 2 ,865 3,000 2 ,500 4 ,000 Overnight Hangar 367 500 1 ,000 1 ,000 Building 2 ,705 1 ,500 1 ,300 4 ,000 Oxygen 456 600 280 500 Finance Charges 1 ,344 1 ,000 360 500 Miscellaneous 988 1 ,000 1 ,500 1 ,500 Total Terminal Oper . Rev . 184 ,967 184 ,988 177 ,070 189,900 Farm Revenue Crops 77,816 26 ,720 454 0 Government Payments 1 ,370 8 ,000 0 0 House Rental 0 0 0 0 Land Rental 280 280 10 ,280 10 ,280 Total Farm Revenue 79,466 35 ,000 10 ,734 10,280 Non-Operating Revenue Grants from F .A.A . 425,510 188 ,000 36 ,325 63,000 Local Government Approp. 23,640 20 ,900 23 ,640 7,000 Earnings on Investments 5 ,988 5 ,600 4 ,700 5 ,000 Oil & Gas Lease Revenue 6 ,286 9 ,000 4 ,700 4 ,700 Proceeds-Long Term Debt 0 0 0 0 Proceeds-Sale of Equip . 0 2 ,000 0 0 Principal on Note Rec . 9 ,603 10 ,683 10 ,683 11 ,885 Total Non-Operating Rev . 471 ,027 236 , 183 80,048 91 ,585 TOTAL RESOURCES AVAILABLE 1 ,076 ,939 875 ,597 578 ,200 628 ,492 EXPENDITURES Airport Personnel Services Salaries & Wages 73,624 73 ,500 67 ,000 96,900 FICA 6,097 5 ,600 5 , 125 7 ,400 Health & Life Insurance 6 ,707 10 ,000 8,500 9 ,600 Workmen 's Compensation 3 , 113 2 ,400 2 ,000 2 ,000 Unemploymnt Compensation 0 1 ,000 0 0 Retirement 0 0 0 6 ,400 Airport Contract Services Auditing 2,750 2 ,750 2 ,450 2,500 Security 383 300 350 350 Legal 1 ,555 3,000 1 ,500 3 ,000 Engineering 300 1 ,000 0 1 ,000 Other Professional Work 0 1 ,000 0 1 ,000 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund, Cont 'd 1990 1991 1991 1992 Airport Supplies Office Supplies 1 ,401 1 ,000 1 ,000 1 ,200 Consumable Supplies 3 ,400 3,000 3,000 3 ,200 Consumable Tools 896 1 ,000 500 750 Uniforms & Clothing 406 200 400 400 Airport Repairs & Maint . Buildings 2 ,713 4 ,000 1 ,000 3 ,000 Equipment 6 ,550 8 ,000 12 ,250 15,000 Grounds 10 ,395 22 ,000 16,600 19 ,000 Airport Utilities Telephone 5 ,292 5 ,000 4 ,600 4 ,500 Electric 5 ,400 6 ,000 6 ,000 6 ,200 Water 869 800 800 900 Gas 3 ,336 4 ,000 5 ,300 6 ,000 Other Airport Expenses Insurance 11 ,580 10 ,000 11 ,800 12 ,000 Insurance - Airshow 0 0 1 ,317 1 ,500 Equipment Rent 2 ,041 2 , 100 3 ,200 3,700 Dues 1 ,804 1 ,500 1 ,000 1 ,500 Subscriptions 181 240 100 240 Miscellaneous 646 1 ,500 1 ,500 1 ,500 Bad Debts 8 , 169 1 ,000 1 ,000 1 ,000 Postage 811 1 ,000 1 ,000 1 ,200 Promotion & Advertising 1 ,792 2 ,000 1 ,800 2,500 Fuel for Equipment 6 ,383 4 ,200 3 ,500 4 ,200 Meetings 669 600 1 ,000 1 ,500 Local Travel 110 200 300 400 Non-Local Travel 1 ,278 700 900 2 ,000 EPA Stormwater Assessmnt 1 ,481 Total Airport Operating Exp 170 ,651 180 ,590 166,792 225 ,021 Terminal Personnel Services Salaries & Wages 58,451 54 ,000 64 ,000 67,050 FICA 4 ,534 4 , 100 4 ,900 5 , 130 Health & Life Insurance 2 ,478 2 ,000 3,760 3 ,800 Work Comp./Unemploy Ins . 1 ,623 3 , 100 2,000 2 ,000 Terminal Contract Services Auditing 2,750 2,750 2 ,450 2,500 Security 320 300 350 350 Legal 173 1 ,000 500 1 ,000 Tank Testing 3 ,800 2 ,300 3,500 3 ,500 Terminal Supplies Office Supplies 1 ,400 1 ,600 1 ,400 1 ,600 Consumable Supplies 3,730 3,000 2,500 2,700 Consumable Tools 105 200 100 100 Uniforms & Clothing 1 ,063 1 ,000 1 ,000 1 ,200 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund , Cont 'd 1990 1991 1991 1992 Terminal Repairs & Maint . N Buildings 1 , 177 2 ,000 1 ,300 2 ,000 Equipment 5 ,994 2 ,000 1 , 100 2 ,000 Grounds 886 1 ,000 0 0 Terminal Utilities Telephone 4 ,322 4 ,000 4 ,400 4 ,500 Electric 4 ,212 4 ,000 4 ,000 4 ,200 Water 435 400 400 600 Gas 755 800 1 ,000 1 ,200 Other Terminal Expenses Insurance 7 ,600 6 ,300 6 ,800 8 ,000 Equipment Rent 17 ,799 19,600 17,500 19 ,600 Dues 456 400 425 450 Subscriptions 113 150 100 150 Miscellaneous 3, 126 1 ,850 1 ,000 1 ,500 Bad Debts 4 , 123 1 ,000 1 ,000 1 ,000 Postage 883 1 ,000 1 ,000 1 ,200 Promotion & Advertising 1 ,727 2,000 1 ,800 2,500 Fuel for Equipment 1 ,266 1 ,200 800 1 ,000 Meetings & Travel 719 0 0 300 Credit Card Process Chrg 2 ,071 2 ,000 2 ,800 3 ,200 Total Terminal Oper . Exp. 138 ,091 125 ,050 131 ,885 144 ,330 Farm Expenditures Salaries & Wages 2 ,875 0 0 0 FICA 220 0 0 0 Chemical Applications 34 ,991 10,000 0 0 Management Fee 0 0 0 0 Contract Work 36 ,470 0 400 0 Freight 0 0 0 0 Seed 6 ,991 2 ,000 0 0 Other Supplies 2 ,335 0 0 0 Repairs & Maintenance 733 3,000 0 0 Electric 4 ,537 5,000 214 0 Water 3 ,527 4 ,000 44 0 Gas 954 0 670 0 Interest 3 , 193 0 645 0 Miscellaneous 179 1 ,000 0 0 Fuel for Equipment 1 , 152 0 0 0 Total Farm Expenditures 98 , 157 25 ,000 1 ,973 0 Actual Prior Estimated Final Year Budget Current Year Budget Airport Fund, Cont 'd 1990 1991 1991 1992 Capital Outlay ‘ Airport Property & Equip 22 ,613 138,039 21 ,977 38 ,700 Terminal Prop. & Equip . 683 0 7 ,001 1 ,200 Master Plan Update 0 0 0 10 ,000 Rehab . Apron & Taxiway 472,790 0 36 ,325 0 Land Purch .-Airp. Expan . 0 208 ,900 0 0 Environ. Impact Study 0 0 0 60 ,000 Total Capital Outlay 496 ,086 346 ,939 65 ,303 109,900 Debt Service - Airport Interest Expense 40 ,310 35 ,000 33,700 32 ,350 Principal 57,228 47 ,038 48,700 50 , 100 Farm Principal 0 0 22 ,700 0 Debt Service - Terminal Interest Expense 2 ,524 3,000 1 ,570 1 ,350 Principal 5 ,764 6 ,469 6 , 150 6,370 Total Debt Service 105,826 91 ,507 112,820 90 , 170 TOTAL EXPENDITURES 1 ,008 ,811 769 ,086 478 ,773 569 ,421 WORKING CAPITAL End of Year 68 , 128 106 ,511 99 ,427 59 ,071 GREELEY-WELD COUNTY AIRPORT AUTHORITY Capital Needs Forecast All Funds Budget Year Ending December 31 , 1992 Actual Prior Estimated Final Year Budget Current Year Budget 1990 1991 1991 1992 AIRPORT FUNDED Airport Property & Equip . Jeep Pickup 0 0 0 0 Computer Printer 0 0 0 0 Chev . 4X4 Pickup 0 0 0 0 Misc . Paving Projects 0 0 0 0 Misc . Farm Improvements 0 0 0 0 Tractor/Mower 9 ,803 0 0 0 Wind Indicator 1 ,634 0 0 0 Plow/Truck 6 ,800 0 0 0 Replace Maint . Equip . 0 0 0 0 Overlay Entrance Roads 4 ,376 33 ,039 21 ,377 7 ,500 Automate Office Equip. 0 10 ,000 0 0 Establish Fuel Farm 0 50 ,000 0 30 ,000 Seal Runway 09/27 0 45,000 0 0 Sprinkler System 0 0 600 600 Entrance Road Lights 0 0 0 600 Total Airport Prop . & Equip 22 ,613 138 ,039 21 ,977 38 ,700 Terminal Prop . & Equipment Misc . Equipment 0 0 0 0 Power Generator - A .P .U . 0 0 0 0 Unicorn Console Box 683 0 0 0 Furnace/Air Conditioner 0 0 3 ,511 0 Carpet 0 0 3 ,490 0 Hand Held Unicorn Radios 0 0 0 1 ,200 Total Terminal Prop . & Eq . 683 0 7 ,001 1 ,200 TOTAL AIRPORT FUNDED 23 ,296 138 ,039 28 ,978 39 ,900 F .A .A ./CITY-COUNTY FUNDED Rehab . Apron & Taxiways 472 ,790 0 36 ,325 0 Land Purch.-Airp . Expansion 0 208 ,900 0 0 Update Master Plan 0 0 0 10,000 Environmental Impact Study 0 0 0 60 ,000 TOTAL FAA/CITY-CNTY FUNDED 472 ,790 208 ,900 36,325 70,000 TOTAL CAPITAL OUTLAY 496 ,086 346 ,939 65,303 109 ,900 Hello