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IMPLEMENTATION AND FINANCING PLAN Table 5-3 shows that between 2004 and 2017 Eugene Airport received $38.8 million in AIP entitlement funding and $25.8 million in discretionary funding. That equates to a combined total of $64.6 million in eligible AIP funding over the 14 year period, or an average of $4.6 million annually AIP Passenger Entitlement Funding Outlook For the purpose of determining passenger entitlement grants apportioned in 2018, the FAA uses the number of enplaned passengers at each airport in calendar year 2016. Eugene Airport enplaned 488,742 passengers in Calendar Year 2016 and therefore can budget for $3,321,458 in AIP passenger entitlement grants for Federal Fiscal Year 2018. Total projected AIP passenger entitlements during the short-term 11 development period (2018-2022) reaches approximately $17 million based on the passenger forecast provided in Chapter 2, Aviation Demand Forecast. Projects within the CIP which are eligible (in some cases only partially eligible) for AIP Passenger Entitlement funding include those focused on airfield maintenance and improvements, terminal area apron development, environmental reviews, and airport planning studies. Equipment used for Airport Rescue and Fire Fighting (ARFF), deicing, and aircraft navigation is also eligible for AIP passenger entitlement funding. Details on specific CIP projects will be provided later in this chapter. AIP Discretionary Funding Outlook The potential of receiving discretionary funding is determined by the FAA through a system which ranks airport CIP projects according to need based on criteria which focus on enhancing safety, improving security, meeting FAA design standards, and adding needed capacity. Between the years of 2004 and 2017, Eugene Airport was successful in securing $25,771,553 of discretionary funding. criteria associated with discretionary funding allocation and the type of projects considered in the current CIP update, $43,623,415 in total discretionary funding has been programmed into the Eugene Airport CIP over the entire 20-year planning period. Of this total, $21,800,000 is already programmed by FAA through FFY 2021. An additional $8,337,970 is programmed under this implementation plan to come during the short-term development phase to be used for necessary airfield safety projects and the construction of apron associated with a new terminal concourse. The remaining $13,485,445 is programmed to cover eligible costs for long-term projects. Passenger Facility Charge Funding Outlook Considering passenger demand forecasts for the 20-year planning period, at a $4.50 PFC the Airport has the potential to collect an average of approximately $2.5 million annually which is projected to reach $50.6 million over the 20-year planning period. PFC funding is expected to be primarily used to fund eligible portions of terminal area and airfield improvements included in the CIP over the planning period. Short-term period programmed PFC expenditures total roughly $4.3 million. This money is slated to fix older portions of the terminal roof, fund a planning study focused on development of a new concourse, and rehabilitate aging airfield pavement. In FFY 2022, PFC dollars are programmed to be used as the security for a 20-year municipal bond which will fund the construction of a new terminal concourse and the expansion of ticketing and outbound baggage facilities. Programmed PFC funding for the mid-term is anticipated at $2.4 million and funds an airfield safety project. Long-term programmed PFC funding is the 11 Projected AIP Passenger Entitlement grant assumes the AIP program continues to be funded at the $3.2 billion level or above and no legislative actions occur which alter federal funding levels. EUGENE AIRPORT MASTER PLAN 5-13