September 2014 Workshop Meeting Minutes

Open­ing:

The Bud­get Work­shop Meet­ing of the Pana­ma City-Bay Coun­ty Air­port and Indus­tri­al Dis­trict was called to order at 9:00 a.m., Sep­tem­ber 16, 2014 in the Air­port Board Room by Chair­man Bruett.

All Board Mem­bers were present except Mr. Carey Scott and Ms. Cindy Meadows.

FY 2015 Oper­at­ing and Cap­i­tal Improve­ment Budget

The draft FY2015 Oper­at­ing and Cap­i­tal Improve­ment Bud­get was pre­vi­ous­ly pro­vid­ed to the Board for their review in prepa­ra­tion for this discussion.

Mr. McClel­lan reviewed the pro­ject­ed oper­at­ing rev­enues and oper­at­ing expens­es for the upcom­ing fis­cal year. The oper­at­ing rev­enues includ­ed funds that will be received from the com­mer­cial air­lines, car rental com­pa­nies, gen­er­al avi­a­tion, and ter­mi­nal ten­ants, to include the park­ing lot facil­i­ty, restau­rant con­ces­sion, retail con­ces­sion and advertising.

The pro­ject­ed oper­at­ing expens­es includ­ed employ­ee salaries and ben­e­fits, sup­plies and mate­ri­als, util­i­ties, insur­ance, and pur­chased ser­vices, to include jan­i­to­r­i­al ser­vices, legal ser­vices, bag­gage han­dling sys­tem and main­te­nance of the load­ing bridges, ground main­te­nance, ele­va­tor and esca­la­tor ser­vices, trash removal, and secu­ri­ty ser­vices and sys­tem maintenance.

Salaries and ben­e­fits rep­re­sent approx­i­mate­ly 42% of the airport’s annu­al oper­at­ing expens­es, and pur­chased ser­vices account for 38%. Over­all, the FY2015 oper­at­ing expense bud­get is .6% less than the FY2014 bud­get, rep­re­sent­ing a decrease of $48,971. The FY2015 bud­get reflects an amount which will pro­vide for the effi­cient oper­a­tion of the air­port, while pro­vid­ing the nec­es­sary resources to meet the estab­lished goals for the upcom­ing year.

The main focus of the Cap­i­tal Improve­ment Pro­gram, which is fund­ed through the use of fed­er­al Air­port Improve­ment Pro­gram grants, Flori­da Depart­ment of Trans­porta­tion grants, and avail­able air­port funds, cen­ters around improv­ing the equip­ment nec­es­sary to main­tain air­port facil­i­ties and air­field, replace­ment of com­put­er and secu­ri­ty equip­ment, con­tin­ued devel­op­ment of the envi­ron­men­tal mit­i­ga­tion pro­gram, expand­ing capac­i­ty and improv­ing security.

This Board Work­shop pro­vid­ed for a review and dis­cus­sion of the pro­posed FY2015 Oper­at­ing and Cap­i­tal Improve­ment Bud­get and required no for­mal action by the Board. For­mal approval of the final bud­get will be con­sid­ered at the Sep­tem­ber 24, 2014 Board Meeting.

Adjourn­ment:

The Bud­get Work­shop was adjourned at approx­i­mate­ly 10:05 a.m. (CST).

Pat­ty Mitchell, Exec­u­tive Sec­re­tary Till Bruett, Chairman