North­west Flori­da Beach­es Inter­na­tion­al Air­port FY 2024 Oper­at­ing and Cap­i­tal Bud­get Com­par­i­son of Bud­get­ed Oper­at­ing Rev­enues and Expenses

Operating Revenues
Airlines FY '24 Approved Budget FY '23 Approved Budget FY '22 Approved Budget
Airline Landing Fees $4,121,547 $3,673,586 $2,627,752
Cargo Airline Landing Fees 12,000 10,500 14,500
Terminal Rentals & Common Use 3,179,467 2,858,588 2,742,557
Total Airline Revenue $7,313,014 $6,542,674 $5,384,809
Operating Revenues
Car Rentals FY '24 Approved Budget FY '23 Approved Budget FY ‘22 Approved Budget
Concession Fees $4,823,546 $4,500,000 $3,200,000
Facility Income from CFCs 1,561,734 1,558,016 1,526,881
Total Car Rental Revenue $6,385,280 $6,058,016 $4,726,881
Operating Revenues
Terminal Complex FY '24 Approved Budget FY ‘23 Approved Budget FY ‘22 Approved Budget
Parking $4,642,999 $3,690,000 $2,995,000
Ground Transportation Fees 456,428 130,000 94,500
Advertising Concession 84,000 60,000 75,000
Retail Merchandise Concession 237,588 145,000 115,000
Food & Beverage Concession 560,760 475,000 483,750
Terminal Rental Revenue 233,276 193,701 192,263
Total Terminal Complex Revenue $6,215,051 $4,693,701 $3,955,513
Operating Revenues
General Aviation FY '24 Approved Budget FY ‘23 Approved Budget FY ‘22 Approved Budget
Fixed Base Operator Rents $644,943 $472,604 $433,066
Fuel Flowage Fees 100,000 120,000 75,000
Hangar Rentals 454,720 438,500 406,480
Total General Aviation Revenue $1,199,663 $1,031,104 $914,545
Operating Revenues
Other Revenue FY '24 Approved Budget FY ‘23 Approved Budget FY ‘22 Approved Budget
Other Tenants/Miscellaneous $75,385 $99,360 $34,513
Interest Income Revenue Accts 575,000 3,000 4,869
Fuel Farm 139,714 139,714 139,714
Cargo Building 29,398 56,950 54,156
Total Other Revenue $819,497 $299,024 $233,253
Total Operating Revenues $21,932,505 $18,624,519 $15,215,002
Operating Expenses
Personnel Expense FY '24 Approved Budget FY ‘23 Approved Budget FY ‘22 Approved Budget
Salaries and Wages $4,885,601 $4,306,713 3,856,141
Overtime 118,512 110,244 106,346
FICA Contributions 377,328 332,991 298,717
Group Insurance 971,360 832,412 764,875
Retirement 484,186 438,672 393,410
Worker's Compensation Insurance 146,738 136,500 130,000
Other Personnel Expense 42,500 42,500 37,500
Total Personnel Expense $7,026,225 $6,200,032 $5,586,988
Operating Expenses
General Operating Expenses FY '24 Approved Budget FY ‘23 Approved Budget FY ‘22 Approved Budget
Airfield and Grounds 166,060 $136,200 133,200
Bank Charges 71,750 64,500 60,500
Bad Debt Expense 2,000 2,000 2,000
Business Meetings and Events 8,000 9,500 7,000
Computer Services 310,100 315,902 190,752
Computer Supplies and Software 46,000 42,650 42,950
Dues, Licenses, Publications, Training 107,700 100,255 83,985
Elevator and Escalator Services 55,000 55,000 55,000
Financial Consulting Services 165,000 76,296 65,285
Insurance - Building and Contents 242,291 180,722 144,292
Insurance - Liability 136,716 122,546 110,750
Janitorial Service and Supplies 1,282,132 1,128,698 875,328
Legal Services 75,000 60,000 60,000
Loading Bridge Contract and Parts 360,525 352,207 440,000
Machinery and Equipment 38,500 38,500 28,500
Capital Items < $5,000 82,620 - -
Marketing and Advertising 300,000 300,000 300,000
Miscellaneous Supplies 6,700 6,600 5,850
Office Services and Supplies 30,417 29,360 29,000
Parking Lot Management 567,544 621,052 570,212
Professional Services 300,000 301,000 269,000
Radio Equipment 32,800 10,000 12,204
Safety and Security 45,500 38,500 32,500
Small Tools and Equipment 12,400 12,900 11,600
Terminal / Facility Services and Supplies 277,500 286,200 263,000
Travel and Conferences 46,560 37,200 28,210
Uniforms 34,200 18,100 18,100
Utilities - Electricity 933,807 848,915 707,429
Utilities - Telephone 47,400 46,000 40,593
Utilities - Water and Sewer 246,783 244,556 212,657
Vehicles, Oil, Tires, Fuel 96,000 98,000 73,000
Total General Operating Expenses $6,127,005 $5,590,359 $4,872,897
Total Operating Expenses $13,153,230 $11,790,391 $10,459,885
Excess Operating Revenues(Expenses) Before Settlement andRevenue Sharing $8,779,275 $6,834,128 $4,755,116