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Home My WebLink AboutR-2003-142 2004 Yakima Air Terminal Budget & 2003 Budget Amendment #1BOARD OF YAKIMA COUNTY COMMISSIONERS JOINT RESOLUTION WITH CITY OF YAKIMA IN THE MATTER OF APPROVING YAKIMA AIR TERMINAL-MCALLISTER FIELD 2003 BUDGET AMENDMENT # 1 AND 2004 BUDGET Yakima County Resolution 608-2003 City of Yakima Resolution No. R-2003-142 WHEREAS, pursuant to state law, the Yakima Air Terminal -McAllister Field is jointly owned and operated by the City of Yakima and Yakima County; and, WHEREAS, RCW 14.08.200(7) requires the City of Yakima and Yakima County approve amendments of the Yakima Air Terminal -McAllister Field Budget by joint resolution; and, WHEREAS, the Board of Yakima Air Terminal -McAllister Field approved the 2003 Budget Amendment #1 and the 2004 Budget; and, WHEREAS, the Board of Yakima County Commissioners and the Council of the City of Yakima have reviewed the Yakima Air Terminal -McAllister Field 2003 Budget Amendment #1 and 2004 Budget; and, WHEREAS, it is in the best interests of Yakima County and the City of Yakima that the Yakima Air Terminal -McAllister Field 2003 Budget Amendment #1 and 2004 Budget be approved; now, therefore, BE IT HEREBY RESOLVED by the Board of Yakima County Commissioners that the Yakima Air Terminal -McAllister Field 2003 Budget Amendment #1 and 2004 Budget be, and hereby is, approved. Done this 12t clay of November 2003. ...."‘„...1`0,0,1%,11‘...C. �‘„`a0,\A CC)(>„�iP's Q :off 0�,•0 S. v>.. it '_ ; G Attest: Carla M. Ward =, �� .. ;;? '',,,� lie ..S . Ajd_k_yvi 0 initttko Clerk of the Board se41.1)41 esse S. Palacios, Chairma k, James M. Lew” . missioner Ronald F. Gamache, Commissioner Constituting the Board of County Commissioners for Yakima County, Washington BE IT HEREBY RESOLVED by the City Council of the City of Yakima that the Yakima Air Terminal -McAllister Field 2003 Budget Amendment #1 and 2004 Budget be, and hereby is, approved. Adopted by the City Council this 18t'day of November 2 03 Mary Place ,-yor Attest: Kum City Clerk G:12003 RESOSI608-2003.Air Terminal Budget Amendment and Approve Budget.doc LI A K U W LJ A A McAL 115 E nr-vA-omV FIIIE FIFCEITED 40 G 2003 (IF CITY yC NMMA5: ER 2400 West Washington Ave. • Yakima, Washington 98903 • (509) 575-6149 • (509) 575-6185 Fax November 4, 2003 Yakima City Council City Hall, First Floor 129 North Second Street Yakima, Washington 98901 Subject: Yakima County Commissioners Yakima County Courthouse 128 North Second Street Yakima, Washington 98901 Yakima Air Terminal, 2003 Budget Amendment #1 and 2004 Budget. Dear Council Members and Commissioners: It is with pleasure that I present to you the 2003 Budget Amendment #1 and the 2004 Operating Budget for the Yakima Air Terminal. In 2001 and 2002, the Airport faced some difficult financial times due to the events of September 11, 2001. The loss of one of our air carriers, the reduction in parking revenues and the additional expenses we were burdened with had a crippling affect on the operating budget. It appears now, however, that the worst has past and revenues have begun to rise again. You will notice that the 2003 budget estimated revenues at $810,400. A budget analysis of actual earnings has increased that estimate to $828,841 (Amendment #1), and, to $845,446 in 2004. This reflects a 4% growth over our initial 2003 estimates. Operating expenses have been cut to compensate. The 2003 budget estimated expenses at $901,800. Amendment #1 reduced this estimate to $877,329. The 2004 budged estimates expenditures at $863,855, a 4.2% reduction from the 2003 budget. The cuts in expenditures have been made in areas that do not reduce nor impair the service we provide to the flying public. Major expenditures are an example. We have budgeted no major equipment purchases or projects for 2004. If, during the first half of 2004, we see the revenues continue to grow, the airport may utilize some of the unreserved cash balance forward to complete some needed airfield maintenance projects. This will be at the discretion of the Board, and if they so elect, a budget amendment will be forwarded for your approval. We are confident that this positive trend will continue. We are exploring development potentials on the south side of the airfield as well as development proposals on the few remaining areas on the north side of the airport. This will further help us recover financially from factors that were beyond our control. We hope this budget meets with your approval. Sin eiy, ob Clem Airport Manager pc. Airport Board YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET - AMENDMENT #1 & 2004 BUDGET PRESENTED TO THE BOARD GREG BERNDT DENNIS BYAM DOUG HAHN FRED IRAOLA KIT PARK PRESENTED BY BOB CLEM, AIRPORT MANAGER NOVEMBER 2003 2001 GL #1250 2002 GL #1161 2003 GL # 803 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET OPERATING RECEIPTS 932,857 955,297 810,400 828,841 845,446 OPERATING EXPENSES: AIRFIELD TERMINAL ADMINISTRATION COMMERCIAL INSURANCE 295,234 294,086 315,500 171,103 159,574 168,000 343,166 322,283 359,500 6,106 7,085 6,800 29,885 42,588 52,000 296,400 175,900 337,429 6,100 53,000 306,833 164,479 323,643 7,900 61,000 SUB -TOTAL - OPERATING 845,494 825,616 901,800 868,829 863,855 MAJOR PROJECTS & PURCHASES TOTAL EXPENSES 38,400 127,350 0 883,894 952,966 901,800 8,500 0 877,329 863,855 NET OPERATING GAIN/(LOSS) CASH BALANCE FORWARD 48,963 2,331 (91,400) (48,488) (18,409) 26,151 75,114 97,119 74,536 146,048 AVAILABLE CASH CONTRIBUTIONS TO RESERVES SALE OF 2008 BUILDING 75,114 77,445 0 0 0 0 5,719 0 0 26,048 127,639 0 0 120,000 0 FINAL UNRESERVED CASH BALANC 75,114 77,445 5,719 146,048 127,639 I. BUDGET SUMMARY Our 2003 Budget shows an ending balance of $146,048. We do not anticipate either drawing from or contributing to reserves in 2003 or 2004. We show an ending balance of $127,639 in 2004. FILENAME:.BUDGET\2003Budget Amendment 1\2004 Budget PAGE 1 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET AIRFIELD OPERATING RECEIPTS: 3001 AIRIFIELD-LAND FEES -AIRLINE 132,830 95,865 95,000 96,000 96,000 3004 AIRFIELD -LAND FEES -FREIGHT 26,301 27,898 26,500 28,100 28,100 3007 AIRFIELD -LAND FEES-CHARTE 2,070 4,945 3,800 4,000 4,000 3010 AIRFIELD -LAND FEES-UNSCHE 4,840 7,040 6,700 4,600 5,280 3013 AIRFIELD -FUEL FLOW 39,214 30,820 28,000 29,000 32,600 3016 AIRFIELD RENT -AVIATION 89,179 98,811 104,000 103,095 110,216 3019 AIRFIELD -RENT -RAMPS 727 1,002 1,000 1,000 1,278 3022 AIRFIELD -TAX SALES -RAMP 40 233 200 100 100 3025 AIRFIELD -RENT -2008 W WASH 4,221 3,580 3,100 4,700 0 3028 AIRFIELD - ID BADGES 550 270 300 300 300 3080 AIRFIELD - INCOME - POWER 3,515 4,896 5,000 5,200 5,300 3088 AIRFIELD - TAX SALES/EQUIP 9,314 4,727 100 100 100 3089 AIRFIELD - NON TAX / EQUIP 14,475 2,055 100 100 100 3099 AIRFIELD - MISC INCOME 457 644 100 100 100 SUB -TOTAL - AIRFIELD RECEIPTS 327,733 282,786 273,900 276,395 283,474 TERMINAL OPERATING RECEIPTS: 3101 TERMINAL - RENT -AIRLINES 107,089 85,001 87,000 86,600 88,400 3104 TERMINAL USE - CHARTERS 1,200 2,175 1,800 1,500 1,500 3105 TERMINAL - RENT - TSA 0 2,724 20,000 21,300 37,500 3107 TERMINAL - PARKING LOT 130,514 81,068 80,000 81,600 81,600 3110 TERMINAL -ADVERTISING 13,700 9,853 11,000 11,000 11,000 3113 TERMINAL - RESTAURANT 22,304 24,051 24,000 24,000 24,000 FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 2 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET 3116 TERMINAL - CAR RENTALS 116,374 111,839 106,000 106,000 106,000 3119 TERMINAL - TRAVEL AGENCY 17,160 17,485 17,400 17,800 18,100 3122 TERMINAL - CONCESSIONS 3,648 3,432 3,600 3,100 3,100 3125 TERMINAL - VEND - VEND/GAM 4,274 4,004 3,400 3,600 3,600 3131 TERM ROYALTIES - PAYPHONE 1,332 262 200 100 100 3134 TERMINAL - PARKING METERS 6,556 5,987 5,500 5,300 5,300 3137 TERMINAL - ATM REVENUE 4,139 3,434 3,200 4,500 4,500 3180 TERMINAL - INCOME - POWER 8,152 8,069 8,000 7,400 7,600 3186 TERMINAL - INCOME - WATER 5,739 5,456 3,500 5,500 5,800 3190 TERMINAL - FINGERPRINT 0 398 0 100 100 3199 TERMINAL -MISC INCOME 480 712 1,000 200 200 SUB -TOTAL - TERMINAL RECEIPTS 442,661 365,950 375,600 379,600 398,400 COMMERCIAL OPERATING RECEIPTS: 3203 COMMERCIAL - GENERAL 90,979 103,965 108,000 105,646 112,427 3206 COMMERCIAL - FED GOVT 7,200 7,275 5,600 5,600 0 3209 COMMERCIAL - AGRICULTURE 14,851 14,851 14,500 14,300 14,800 3212 COMMERCIAL - AIRPORTER SH 0 0 0 1,700 2,400 3218 COMMERCIAL -OPTION INCOME 11,871 14,245 2,300 10,000 6,345 3280 COMMERCIAL - INCOME - POW 7,204 8,477 8,000 8,500 8,700 3283 COMMERCIAL - INCOME - NATU 91 356 400 1,000 1,100 3286 COMMERCIAL - INCOME - WAT 715 868 600 600 700 3299 COMMERCIAL - MISC INCOME 287 0 0 100 100 SUB -TOTAL - COMMERCIAL RECEIPT 133,198 150,037 139,400 147,446 146,572 FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 3 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET OTHER RECEIPTS: 3900 OPERATING INTEREST INCOM 12,625 7,876 5,000 4,600 2,000 3905 TAX SALES - MISC 72 0 0 300 100 3910 RETURN OF LEASEHOLD TAX 11,591 8,730 11,500 15,000 11,000 3915 REIMBURSEMENT - TELEPHON 27 0 0 100 100 3920 2002 - SALE OF REST EQUIP 3,221 4,136 4,000 4,700 3,600 3926 INTEREST EARNED -REST EQUI 1,729 1,263 1,000 700 200 OP GRANT - YAKIMA CNTY - S 0 7,885 0 0 0 OP GRANT - AIP 24 - 9/11 REIM 0 126,634 0 0 0 SUB -TOTAL - OTHER RECEIPTS 29,265 156,524 21,500 25,400 17,000 TOTAL OPERATING RECEIPTS 932,857 955,297 810,400 828,841 845,446 II. OPERATING RECEIPTS Operating receipts at the Airport are generated primarily by rentals received from land and buildings and fees charged for the use of the runways. FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 4 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET AIRFIELD EXPENDITURES: AIRFIELD SALARIES: 4001 SALARIES 4003 SALAIRES-O/T 4004 SALARIES -REIMBURSED 185,255 177,952 180,000 8,436 3,253 12,000 (17,767) (9,176) 0 177,800 185,106 3,000 5,000 0 0 SUB TOTAL -SALARIES 175,924 172,029 192,000 180,800 190,106 AIRFIELD EQUIPMENT: 4011 EXPENDABLES 4012 R & M SUPPLIES 4013 FUEL 4014 RADIO REPAIR 4015 CONTRACT REPAIRS 860 9,341 5,599 1,516 1,254 297 7,380 6,572 282 1,618 400 9,000 6,000 1,800 2,000 500 3,500 6,500 200 1,500 500 5,000 6,500 1,000 1,500 SUB TOTAL -EQUIPMENT 18,570 16,149 19,200 12,200 14,500 AIRFIELD GENERAL OPERATIONS: 4021 EXPEND SUPPLIES 4022 R & M SUPPLIES 4023 CONTRACT REPAIRS 4024 SAFETY/SECURITY 4025 MISC SERVICES 4027 BUILDING R & M 4028 BLDG -CONTRACT REPAIRS 4029 TRAINING & TRAVEL 4030 STATE EXCISE TAX 4031 BAD DEBT EXPENSE 4035 AIRFIELD CONTRACT SERVICE 4060 FRINGES - LIFE INSURANCE 4061 FRINGES - DISABILITY 4062 FRINGES - PERS FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget 4,236 4,593 4,500 12,965 10,448 9,000 2,784 4,761 5,000 1,115 788 1,000 1,407 1,563 1,500 19 963 0 0 0 0 54 3,198 839 1,792 573 875 6,134 48 2,615 0 2,009 624 1,258 7,311 100 2,500 500 3,000 800 1,400 10,000 1,000 1,000 9,000 5,000 4,000 4,000 1,200 0 1,500 1,500 200 200 0 0 0 0 5,300 5,300 0 0 500 600 1,400 3,000 1,000 624 1,100 3,500 PAGE 5 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET 4063 FRINGES - MEDICAL 21,033 21,991 16,700 16,500 17,970 4064 FRINGES - L & I 5,377 4,820 5,600 5,600 5,600 4065 FRINGES - MEDICARE 1,761 1,901 2,100 2,100 1,500 4069 FRINGES - CASH IN LIEU 0 1,265 1,000 6,500 7,433 4080 AIRFIELD EXP - POWER 31,171 32,666 30,600 36,000 37,000 4083 AIRFIELD EXP - GAS 3,855 4,671 6,200 4,700 4,800 4086 AIRFIELD EXP - WATER/SEWE 438 789 1,800 3,500 3,700 4099 AIRFIELD - MISC EXPENSE 1,114 824 1,000 800 1,000 SUB TOTAL -GENERAL OPS 100,740 105,908 104,300 103,400 102,227 TOTAL -AIRFIELD 295,234 294,086 315,500 296,400 306,833 III. AIRFIELD EXPENSES: Airfield expenditures include mowing, weeding, spraying, snow removal, crack sealing, pavement repair, maintenance of lighting systems and navigational aids and the repair and upkeep of Airport owned buildings on the 825 acres of Airport property, of which 96.7 acres are covered with pavement and 400 acres are safety FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 6 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET TERMINAL EXPENDITURES: TERMINAL SALARIES: 4101 SALARIES 55,602 60,705 63,000 66,400 62,500 4103 SALARIES - O/T 6,566 4,093 3,000 4,000 2,000 4104 SALARIES - REIMBURSED 0 (1,587) 0 0 0 SUB TOTAL - SALARIES 62,168 63,211 66,000 70,400 64,500 TERMINAL GENERAL OPERATIONS: 4111 EXPEND SUPPLIES 7,797 6,193 8,500 7,000 7,000 4112 R & M SUPPLIES 6,112 6,090 7,500 8,000 5,000 4113 CONTRACT REPAIRS 16,195 5,150 5,000 5,500 4,000 4114 CONTRACT SERVICES 7,864 4,904 7,200 8,000 8,000 4115 JANITORIAL 1,099 1,000 0 1,000 0 4120 STATE EXCISE TAX 26 5 100 0 0 4121 BAD DEBT EXPENSE 0 0 0 0 0 4123 ATM EXPENSES 3,298 3,483 4,000 3,600 3,600 4160 FRINGES - MEDICAL INSURANC 4,324 6,279 6,600 7,400 5,269 4161 FRINGES - LIFE INSURANCE 143 156 200 200 160 4162 FRINGES - DISABILITY 162 255 300 300 300 4163 FRINGES - PERS 1,980 917 1,000 1,000 1,250 4164 FRINGES - L & I 2,787 2,944 3,000 4,000 4,000 4165 FRINGES - MEDICARE 897 937 900 900 900 4166 FRINGES - UNEMPLOYMENT 1,347 2,498 1,000 0 0 4180 POWER 33,928 32,947 32,000 33,500 34,500 4183 GAS 6,409 5,775 7,500 4,700 4,800 4186 WATER/SEWER 13,330 15,964 17,000 20,000 21,000 4190 FINGERPRINT EXPENSE 0 750 100 300 100 4199 MISCELLANEOUS 1,237 116 100 100 100 FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 7 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET SUB TOTAL -GENERAL OPS 108,935 96,363 102,000 105,500 99,979 TOTAL -TERMINAL 171,103 159,574 168,000 175,900 164,479 IV. TERMINAL EXPENSES Airport personnel provide maintenance and custodial services to nearly 33,000 sqaure feet of space in the terminal and other buildings. This work center also includes landscaping and snow removal. Workload consists of cleaning, repairing and upgrading items in the buildings on an as -needed basis. FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 8 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET ADMINISTRATION EXPENDITURES: ADMINISTRATION SALARIES: 4201 SALARIES 249,822 274,905 291,700 266,429 226,991 4203 SALARIES - O/T 97 0 0 0 0 4204 ADM - SALARIES - REIMBURSED (2,724) (28,395) (10,000) 0 0 SUB TOTAL - SALARIES 247,195 246,510 281,700 266,429 226,991 ADMINISTRATION GENERAL OPERATIONS: 4211 OFFICE SUPPLIES 13,149 6,718 7,000 6,000 5,500 4212 PROFESSIONAL SERVICES 4,993 5,717 6,500 4,500 6,500 4213 TELEPHONE 10,402 10,057 11,500 6,000 6,000 4214 POSTAGE 945 1,325 1,800 1,500 1,500 4215 TRAINING 4,390 2,817 3,000 4,000 1,500 4216 CONTRACT REPAIRS 2,682 662 800 500 500 4217 FINANCIAL AUDIT 11,376 0 0 0 17,000 4219 DUES & SUBSCRIPTIONS 1,191 1,471 1,000 1,000 1,000 4220 MISC SERVICES 658 651 400 900 1,400 4260 FRINGES - LIFE INSURANCE 573 637 700 800 650 4261 FRINGES - DISABILITY 1,262 1,961 2,100 2,100 1,700 4262 FRINGES - PERS 8,306 4,148 4,200 4,200 3,500 4263 FRINGES - MEDICAL 20,560 16,178 15,000 15,000 17,314 4264 FRINGES - L & I - 2,821 2,950 3,000 3,600 3,600 4265 FRINGES - MEDICARE 2,938 3,315 3,000 3,000 3,200 4266 FRINGES - UNEMPLOYMENT 0 0 0 0 12,000 4269 FRINGES - CASH IN LIEU 7,763 16,355 16,800 16,500 12,488 4283 ADM EXPENSE - GAS 370 573 700 600 600 4286 WATER 124 165 200 300 200 4299 MISC EXPENSE 1,468 73 100 500 500 FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 9 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET SUB TOTAL - ADMINISTRATION 95,971 75,773 77,800 71,000 96,652 TOTAL ADMINISTRATION 343,166 322,283 359,500 337,429 323,643 V. ADMINISTRATION EXPENSES: The 2004 Budget includes the 3 year financial audit of Airport records. FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 10 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET COMMERCIAL EXPENSES: 4303 BAD DEBT EXPENSE 0 0 0 600 500 4309 BLDG R & M 28 1,445 0 300 300 4312 R & M 971 769 600 300 300 4315 CONTRACT REPAIR 358 153 200 500 500 4380 POWER 37 0 0 0 0 4383 GAS 1,745 1,327 1,600 1,500 1,700 4386 WATER/SEWER 2,857 3,334 4,300 2,800 4,500 4399 MISC EXPENSE 110 57 100 100 100 TOTAL - COMMERCIAL 6,106 7,085 6,800 6,100 7,900 VI. COMMERCIAL EXPENSES These expenses are incurred on properties leased to non -aviation tenants. INSURANCE EXPENDITURES: 4400 INSURANCE 27,102 41,652 52,000 53,000 61,000 4401 INSURANCE LIABILITY DEDUCT 0 936 0 0 0 INSURANCE DEDUCT - RASNE 2,783 0 0 0 0 TOTAL - INSURANCE 29,885 42,588 52,000 53,000 61,000 VII. INSURANCE EXPENSES We are budgeting an increase of 15% in insurance costs for 2004. FILENAME: BU DGET\2003Budget Amendment 1\2004 Budget PAGE 11 OF 12 2002 GL #1161 YAKIMA AIR TERMINAL - McALLISTER FIELD 2003 BUDGET AMENDMENT #1 and 2004 BUDGET 2001 2002 2003 2003 2004 2003 GL # 803 ACTUAL ACTUAL BUDGET AMEND #1 BUDGET MAJOR PROJECTS & PURCHASES: 1997 MAJOR PROJECTS & PURCHASES: 1998 MAJOR PROJECTS & PURCHASES 1999 MAJOR PROJECTS & PURCHASES 2000 MAJOR PROJECTS & PURCHASES 2001 MAJOR PROJECTS & PURCHAS 21,012 2001 EMERGENCY EXPENSES (9/11) 17,388 2002 MAJOR PROJECTS & PURCHASES 90,739 2003 MAJOR PROJECTS & PURCHASES 0 1700 2003 - 2406 GENERATOR ROOM 1,200 1809 2003 - WILDLIFE STUDY 0 1,800 CARPET EXTRACTOR 5,500 2004 MAJOR PROJECTS & PURCHASES 0 TOTAL MAJOR PROJECTS/PURC 38,400 90,739 0 8,500 0 VIII. MAJOR PROJECTS & PURCHASES: This category shows those Targe operating projects and purchases and capital projects and purchases funded with operating revenues. We have not budgeted any expenses in this category for 2004. If net revenues increase in the first half of 2004, a portion of the cash forward may be utilized for needed airfield maintenance projects at the discretion of the Board. FILENAME: BUDGET\2003Budget Amendment 1\2004 Budget PAGE 12 OF 12 BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. *// For Meeting Of 11/18/03 ITEM TITLE: CONSIDERATION OF 2004 YAKIMA AIR TERMINAL BUDGET AND 2003 BUDGET AMENDMENT NO. 1 SUBMITTED BY: Dick Zais, City Manager CONTACT PERSON/TELEPHONE: Bob Clem/575-6149 SUMMARY EXPLANATION: Attached is a joint resolution approving 2003 Budget Amendment No. 1 and the 2004 Air Terminal Budget. A budget analysis of actual earnings in 2003 estimated revenues at $828,841 (Amendment No. 1), and increasing to $845,446 in 2004. This reflects a 4% growth over the initial 2003 estimates. The 2003 budget estimated expenses at $901,800. Amendment No. 1 reduced this estimate to $877,329. Operating expenses have been cut to compensate. The 2004 budget estimates expenditures at $863,855, a 4.2% reduction from the 2003 budget. The 2004 Air Terminal Budget, submitted to the City for approval pursuant to the Joint City/County Agreement, has been adopted by the Board of County Commissioners at their November 12, 2003 meeting. Resolution X Other (Specify)_2003 budget Amendment No. 1 and 2004 Budget Funding Source APPROVED FOR SUBMITTAL: City Manager STAFF RECOMMENDATION: Adopt resolution approving 2003 Budget Amendment No. 1 and 2004 Budget BOARD/COMMISSION RECOMMENDATION: COUNCIL ACTION: Resolution adopted. RESOLUTION NO. R-2003-142