Okaloosa County BOCC — August 12, 2014 — 4-8 Airports — reading text

BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA SERVICE AREA: TRANSPORTATION DEPARTMENT/PROGRAM: AIRPORTS/NORTHWEST FLORIDA REGIONAL AIRPORT (VPS) – OPERATIONS AND MAINTENANCE PROGRAM DESCRIPTION: Northwest Florida Regional Airport operates and maintains a 130 acre facility with a 121,000 square foot terminal building to provide schedules airline service to over 800,000 passengers annually through four (4) airlines. Six (6) rental car companies (7 brands) and other concessions provide services to an additional 1 million visitors. REVENUE: Northwest Florida Regional Airport generates revenue from concession agreements, parking fees, landing fees and terminal rents. Passenger Facility Charges (PFC) associated with airline tickets and Customer Facility Charges (CFC) associated with rental car agreements provides revenue for specific projects. Revenue Budget FY12 FY13 FY14 FY15 Category Actual $ Actual $ Original $ Approved $ Operating Revenue 8,939,594 7,774,012 7,757,390(1) 7,449,039 Miscellaneous 165,000 113,460 147,400 110,000 Cash 8,250,000 10,167,422 5,838,798 3,000,000 PFC (and cash) 9,101,778 8,187,492 5,934,124 8,454,236 CFC (and cash) 2,777,500 3,334,858 3,826,472 4,026,603 EXPENDITURES: Expenditures Budget FY12 FY13 FY14 FY15 Category Actual $ Actual $ Original $ Approved $ Personal Services 1,628,487 1,844,031 2,112,504 2,273,391 Operating Expenses 9,503,397 9,326,906 5,472,644 5,636,646 Capital Outlay -404,305 -33,874 689,700 1,594,091 Debt Service 1,170,127 1,186,202 1,691,919 1,455,875 Budget Transfer 460,785 0 0 0 Reserves 0 0 13,445,090 12,101,232 Total 12,358,491 12,323,265 23,411,857 23,061,235 (1) Includes $518,787 for Rental Car abated O&M from CFCs (not operating revenues). HISTORICAL STAFFING SUMMARY: Category FY12 FY13 FY14 FY15 Full-time 38 37 37 39 Part-Time 0 0 0 0 Relief--Police 0 0 10 10 Total 38 37 47 49 MAJOR ACCOMPLISHMENTS LAST YEAR:  Maintained an upgraded bond rating from Standard & Poor’s of BBB+ with stable outlook.  Completed terminal expansion phase II project, expanding concourse and adding two (2) jet bridges and TSA office leased space.  Stood up Airport Police Department and Airport Operations Center with 10 and 6 FTE respectively. The following projects are planned for Fiscal Year 2014:  Modernize communications and security systems at Airport Operations Center (AOC).  Develop non-airline revenue and retail operations. PROGRAM GOAL: To provide safe, affordable, dependable air transportation and support services in a premier facility that ensures comfort and convenience for business, military and leisure travelers. KEY OBJECTIVES: 1. Exceed all federal (FAA, TSA, etc.) and state (FDOT) regulatory operating standard for safety and security. 2. Provide a financially self-sufficient enterprise where airport specific revenue exceeds expenditures. 3. Continue to develop air carrier services and support businesses that provide a positive economic impact on the community that exceeds $500 million annually. 4. Build upon successful advertising and marketing campaigns to showcase the attributes of VPS to prevent passenger leakage to other competing airports in the region. 5. Maintain the lowest cost per enplaned passenger in the region. 6. Keep all operations and maintenance related expenses at the lowest possible level. 7. Increase sources of non-airline revenue to lower airport rates and charges. PERFORMANCE MEASURES: Actual Estimated Adopted Performance Measures FY12/13 FY13/14 FY14/15 Achieve the lowest Cost per Enplaned Passenger (CEP) $6.06 (1) $4.58 $4.50 Maintain lowest debt per enplaned passenger $42.17 $45.15 $45.00 Maintain high debt service coverage ratio 1.74 2.20 2.20 $60.00 Increase non-airline revenue per sq. ft. of terminal space $64.53 $59.98 (2) Achieve high non-airline revenue per enplaned passenger $18.71 $17.97 $18.56 Compare enplaned passengers per employee 19,504:1 11,012:1(3) 10,900:1 Notes: 1. Airport shared revenues were skewed based on anticipated Vision stimulated revenue 2. Terminal space increased over 10,000 SF with 2 gate concourse extension and TSA office space 3. FTE increased from 36 to 39 with addition of Airport Police and Airport Operations Center.  BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA SERVICE AREA: TRANSPORTATION DEPARTMENT/PROGRAM: AIRPORTS/DESTIN AIRPORT (DTS), GENERAL AVIATION PROGRAM DESCRIPTION: This program consists of the operation and maintenance of the general aviation airport in Destin which provides excellent accessibility to coastal communities and resorts. Revenues are derived from leases and fees charged through business operations based at the airport. With over 65,000 annual flight operations of private and corporate aircraft, and approximately 395 acres DTS serves a variety of travelers via two fixed base operators REVENUE: Destin Airport generates revenue from landing fees, hangar leases and fixed-base operators. Revenue Budget FY12 FY13 FY14 FY15 Category Actual $ Actual $ Original $ Approved $ Operating Revenue 564,024 1,141,858 620,175 640,100 EXPENDITURES: Expenditures Budget FY12 FY13 FY14 FY15 Category Actual $ Actual $ Original $ Approved $ Personal Services 92,055 88,482 104,447 114,573 Operating Expenses 143,357 159,821 107,051 68,237 Capital Outlay 0 31,294 112,000 0 Other 0 0 0 0 Total 235,412 279,597 323,498 182,810 HISTORICAL STAFFING SUMMARY: Category FY12 FY13 FY14 FY15 Full-time 3 2 2 2 Part-Time 0 0 0 0 Relief 0 0 0 0 Total 3 2 2 2 MAJOR ACCOMPLISHMENTS LAST YEAR:  Destin Airport was accepted into the Federal Aviation Administration Contract Tower Program.  A location / site study for the tower, including revised environmental assessment, was completed.  Taxilane connector adjacent to T-hangar complex was completed, and access road rehabilitated. The following projects are planned for FY2014:  Design and construct a new Air Traffic Control Tower.  Design and reconstruction of taxiway, including adding new connector and widening intersections.  Pending FAA noise mitigation grant, voluntary purchase and/or insulation of four residential houses. PROGRAM GOAL: To provide a general aviation airport enviroment that is benefitial, destinctive, and conducive for private and business aircraft operations. DTS will provide a safe and secure operating environment that is an exceptional value for customers while minimizing noise impact and improving compatability with surrounding residential areas. KEY OBJECTIVES: 1. Exceed all federal (FAA, TSA) and state (FDOT) reglatory operating standards for security and security. 2. Provide a financially self-sufficient enterprise where airport specific revenue exceeds expenditures. 3. Implement recommendations of FAA Part 150 Noise Study. 4. Complete design and construct an air traffic control tower. 5. Develop residential noise mitigation plan to include voluntary home insulation or purchase. PERFORMANCE MEASURES: Actual Estimated Adopted Performance Measures FY12/13 FY13/14 FY14/15 Compare aircraft operations to employees (ratio) 35,000:1 23,333:1 35,000:1 Divide O&M expense by annual activity levels (ratio). $4.33:1 $2.95:1 $4.70:1 Determine cost per day acre by dividing annual O&M $768.19 $521.89 $833.33 expense by facility size.  BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA SERVICE AREA: TRANSPORTATION DEPARTMENT/PROGRAM: AIRPORTS/BOB SIKES AIRPORT (CEW) GENERAL AVIATION PROGRAM DESCRIPTION: This program consists of the operation and maintenance of the Bob Sikes general aviation airport near Crestview. CEW serves as the region’s industrial base providing a home to several aerospace manufacturing and modification companies. With over 1,080 acres and an ILS equipped 8,000 foot runway, the facility accommodates over 67,000 aircraft operations annually. An adjoining County industrial park is also home to several non-aviation related companies and forms a designated Enterprise Zone for future development opportunities. Over $26 million has been invested in airport infrastructure over