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SUPPLEMENTAL FINANCIAL ANALYSIS
<br />APPENDIX B
<br />Table B-9
<br />, like Table 5-10, presents an analysis of the anticipated sources, uses and balance of funds to
<br />be used to implement EUG’s revised recommended CIP through FY2015. Both reveal that EUG is
<br />capable of undertaking the projects detailed for this five year planning horizon while at the same time
<br />meet expenditure obligations and make deposits to required reserve funds. As previously described,
<br />EUG does have additional capacity in its PFC program to fund potential reductions in FAA funding.
<br />Moreover, the balance in the Airport’s Operating and Capital Fund should increase from approximately
<br />$6.5 million in FY 2011 to $8.3 million in FY 2015.
<br />Table B-9
<br />Eugene Airport
<br />Master Plan Update
<br />PROJECTED AIRPORT CASH FLOW - CAPITAL IMPROVEMENT PLAN
<br />Projected
<br />20112012201320142015
<br />CASH FLOW - CAPITAL IMPROVEMENT PROGRAM
<br />SOURCES OF FUNDS - CUMULATIVE BALANCE (Current contribution plus previous year-end balance)
<br />Federal AIP Entitlement Funds$2,751,263$2,751,263$2,751,263$2,751,263$2,751,263
<br />Federal AIP Discretionary Funds 4,658,7370000
<br />Passenger Facility Charge Revenues 840,278- 1,472,168 156,054
<br /> -
<br />Operating and Capital Reserves 6,532,638 7,106,683 7,593,769 7,986,914 8,278,701
<br />Other Funds0
<br />Total Sources of Funds$13,942,638$10,698,225$11,817,200$10,894,232$11,029,964
<br />USES OF FUNDS
<br />Federal AIP Entitlement Funds$2,751,263$2,750,250$2,712,250$2,774,000$2,755,000
<br />Federal AIP Entitlement Carryover Funds - 22,737 3,737
<br />Federal AIP Discretionary Funds 4,658,737 -
<br /> - -
<br />Passenger Facility Charges 534,750 142,750 1,646,000 145,000
<br />Operating and Capital Reserves 390,000
<br /> - - - -
<br />Local Funds
<br />Total Uses of Funds$7,800,000$3,285,000$2,855,000$4,442,737$2,903,737
<br />BALANCE OF GRANTS AND OTHER FUNDS AT YEAR END
<br />Federal AIP Entitlement Funds 1/$0$1,013$41,039$59,341$114,945
<br />Passenger Facility Charges 305,528- 1,634,946 145,000 0
<br />Operating and Capital Reserves 6,142,638$7,106,6837,593,769 7,986,914 8,278,701
<br />Source: Mead & Hunt, Inc.
<br />Note: 1/ Entitlements not used in year received can be carried over for three years.
<br />B-14
<br />Eugene Airport Master Plan Update
<br />(February 2010)
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