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IMPLEMENTATION AND FINANCING PLAN
<br />TABLE 5-6
<br />HISTORIC AND PROJECTED 5-YEAR OPERATIONAL CASH FLOW
<br />HistoricProjected
<br />20122013201420152016201720182019202020212022
<br />Cash flows from operating activities
<br />Cash received from customers$7,803,213$8,598,760$9,095,894$9,517,628$9,796,436$11,186,309$11,594,092$12,016,740$12,454,796$12,908,820$13,379,395
<br />Cash paid to suppliers for goods and services($2,635,369)($2,117,705)($2,409,440)($1,512,466)($2,924,698)($3,805,861)($3,929,551)($4,057,262)($4,189,123)($4,325,269)($4,465,841)
<br />Cash paid to employees for services($3,600,094)($3,701,798)($3,941,105)($3,746,075)($4,057,008)($4,380,982)($4,556,412)($4,738,867)($4,928,628)($5,125,988)($5,331,251)
<br />Cash paid for interfund services used($1,136,071)($1,227,616)($1,343,226)($1,474,455)($1,465,245)($1,452,896)($1,526,161)($1,603,120)($1,683,961)($1,768,878)($1,858,076)
<br />Cash paid for central business functions($440,000)($468,000)($512,000)($508,000)($520,000)($603,000)($642,229)($684,011)($728,511)($775,906)($826,384)
<br />Net cash provided by (used for)($8,321)$1,083,641$890,123$2,276,632$829,485$943,570$939,738$933,480$924,573$912,779$897,843
<br />operating activities
<br />Cash flows from noncapital financing activities
<br />Principal payments on pension bonds$0$0$0($67,218)($83,202)($93,171)($103,658)($115,326)($128,308)($142,750)($158,819)
<br />Interest payments on pension bonds$0$0$0($90,195)($97,902)($97,726)($101,816)($106,077)($110,516)($115,141)($119,959)
<br />Subsidy from grant$0$0$0$0$0$242,126$0$0$0$0$0
<br />Net cash provided by (used for) noncapital$0$0$0($157,413)($181,104)$51,229($205,474)($221,403)($238,823)($257,891)($278,778)
<br />financing activities
<br />Cash flows from capital and related
<br />financing activities
<br />Principal payments on notes, bonds, and certificates$0$0$0$0$0$0$0$0$0$0$0
<br />Interest payments on notes, bonds, and certificates$0$0$0$0$0$0$0$0$0$0$0
<br />Contributions from other funds and governments$3,487,622$2,743,458$3,570,459$5,475,804$6,757,646$3,788,170$1,896,000$11,093,030$16,734,655$14,486,750$13,584,127
<br />Proceeds from Airport Instrastructure Bonds$0$0$0$0$0$0$0$0$0$0$23,705,000
<br />Acquisition and construction of capital assets($2,880,833)($2,242,118)($5,885,992)($9,310,619)($11,693,781)($6,881,900)($2,976,000)($11,490,016)($16,930,798)($20,072,000)($39,224,625)
<br />
<br />Net cash provided by (used for) capital$606,789$501,340($2,315,533)($3,834,815)($4,936,135)($3,093,730)($1,080,000)($396,986)($196,143)($5,585,250)($1,935,498)
<br /> and related financing activities
<br />Cash flows of repayment of debt
<br />Repayment of 2022 Bonds$0$0$0$0$0$0$0$0$0$0$0
<br />Net cash provided by (used for) repayment of debt$0$0$0$0$0$0$0$0$0$0$0
<br />Cash flows from investing activities
<br />Interest Revenue$83,164$43,543$75,924$66,605$78,749$59,736$69,274$80,334$93,160$108,035$125,284
<br />Repayment of loans and notes receivable$67,978$71,915$62,271$12,800$0$0$0$0$0$0$0
<br />Net cash provided by (used for) investing activities$151,142$115,458$138,195$79,405$78,749$59,736$69,274$80,334$93,160$108,035$125,284
<br />Net Increase (decrease) in Cash$749,610$1,700,439($1,287,215)($1,636,191)($4,209,005)($2,039,195)($276,462)$395,425$582,768($4,822,327)($1,191,149)
<br />Cash Reserves$16,127,630$17,828,069$16,540,854$14,904,663$10,695,658$8,656,463$8,380,001$8,775,425$9,358,193$4,535,866$3,344,717
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<br />Sources: City of Eugene Comprehensive Annual Financial Reports (CAFR) FY 2013-2017. All values shown in 2017 dollars. RS&H Analysis, 2018
<br /> FAA ACCEPTED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
<br />An important outcome of any Airport Master Plan Update is the development of the Airport Capital
<br />Improvement Program. This Master Plan provides input to update CIP according to
<br />needs as determined in the study. The updated CIP must adopt and continue near-term programmed
<br />projects and funding plans because the mechanisms to implement and fund those projects are already in
<br />place. Effective February 28, 2018, Eugene Airport has an FAA-accepted five-year CIP. The current CIP lists
<br />near-term projects and capital purchases anticipated for implementation between2019and2023, along
<br />with how much federal funding is programmed for the project. The first three years (2019-2021) of
<br />projects because funds have already been programmed, however,
<br />and acceptance. It is
<br />recommended that the Eugene Airport staff work closely with the FAA to update the CIP on an annual
<br />12
<br />basis. Table 5-7 shows the FAA Accepted Five-Year Airport Capital Improvement Program along with
<br />funding distributions by source.
<br />
<br />12
<br /> Accepted in official FAA letter dated February 28, 2018 to Eugene Airport from the Seattle Airports District Office.
<br />EUGENE AIRPORT MASTER PLAN 5-18
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