Buchanan Field. Buchanan Field. Airport Planning Program. Steering Committee. Airport Master Planning Program. March 15, 2007

Transcription

1 Airport Planning Program Master Plan FAR Part 150 Noise Study Strategic Business Plan Steering Committee March 15, 2007

2 Airport Planning Program Master Plan FAR Part 150 Noise Study Strategic Business Plan Public Meeting March 15, 2007

3 Agenda Opening Comments Consultant Presentation Working Paper Six: Financial Implementation Analysis Comments Questions and Discussion Next Steps & Action Items Closing Comments

4 Presentation Team Barnard Dunkelberg & Company/Tulsa, OK & Denver, CO Peter Van Pelt/Project Coordinator John F. Brown & Company/Belmont, CA & Cincinnati, OH Spencer Ballard/Project Manager Craig Communications/Pinole, CA Tracy Craig/Public Participation Coordinator Rainwater & Associates/Oakland, CA Marie Rainwater/Facilitator

5 Planning Process Review AIRPORT MASTER PLAN Inventories Forecast of Aviation Activity Capacity Analysis & Facility Requirements Determination > Documentation - Working Papers (6) - Airport Layout Plan - Final Document Alternatives and Plan Development Environmental Review Implementation Plan Financial Analysis Strategic Business & Implementation Plan

6 Conceptual Development Plan Airport Master Plan

7 Airport Planning Program Implementation Plan Project Highlights

8 PHASE I (0-6 Years) Development Plan Projects 2008 Projects: Design-Overlay TW E 2009 Projects: Construct-Overlay/Reconstruct TW E & TW Golf & Run-up Area RW 1L Purchase Noise Monitoring and Flight Tracking System Security Improvements 2010 Projects: Design-Overlay Eastside FBO Taxilane & TW J

9 PHASE I (0-6 Years) Development Plan Projects 2011 Projects: Reconstruction of Eastside FBO TL & TW J w/drainage 2012 Projects: Design East T-Hangars TL Reconstruct & Drainage 2013 Projects: Construct East T-Hangars TL Reconstruct & Drainage Design North & South Parallel Access Taxiway to 19 Acre Development Area

10 PHASE I (0-6 Years) Development Plan Projects 2013 Projects: Continued Construct North & South Parallel Access Taxiway to 19 Acre Development Area Construct North Access from Marsh Drive to Sally Ride Drive State and Federal Environmental Processing for Proposed Improvements (this project may appear several times during the 20-year CIP)

11 PHASE II (6-11 Years) Development Plan Projects Projects: Reconstruct RW 1L/19R Reconstruct RW 14L/32R Reconstruct Taxiway B Construct Airport Service Road from Hotel Ramp to Taxiway E Remove Portions of TW TW A, Construct Airport Service Road to East Development Area Other Pavement Maintenance & Rehab Five Year Estimate

12 PHASE III (11-20 Years) Development Plan Projects Projects: Construct Taxiway L Extension; Remove portions of TW C from TW E to TW D Construct TW F Extension; Remove Diagonal Section of TW F Construct New Run-up Area; Remove Portion of Existing Run-Area on East Ramp Site Enhancements on John Glenn & Sally Ride Drives Construct Replacement TW K; Remove portions of Existing TW K

13 PHASE III (11-20 Years) Development Plan Projects Projects: Continued Remove portions of TW H Drainage Improvements Property Acquisition Avigation Easement Runway 19R RPZ Construct Multi-Use Terminal/Administration Building 15,000 s.f. Construct New Air Traffic Control Tower

14 Phasing Plan Field Airport Master Airport Planning Master Program Plan

15 Airport Planning Program Financial Implementation Plan

16 Overview Objective: To demonstrate the Airport s ability to fund the projects in the master plan Approach: 1. Review financial structure and historical performance 2. Evaluate proposed capital plan Identify potential sources of funding (federal and state) Determine local match requirement 3. Project future financial performance 4. Demonstrate ability to fund local requirement of capital plan and meet all other requirements or repeat steps 2-4 to optimize implementation plan

17 Financial Structure-Airport Airport Enterprise Fund Operations of Airports Division of the County Public Works Department Fund includes and Byron Airport Fund intended to be self-sufficient and sustained by user fees receives no funds from County General Fund and retains all revenues for airport purposes

18 Historical Financial Performance Airport Enterprise Fund, FY Maintains positive balance in Airport Enterprise Fund Net Operating Revenues average $520,000 before capital costs and debt service net income partially used to support Byron operations Average Operating Revenues $ 2,958,178 Operating Expenses 2,254,605 Net Operating Income $ 703,573 Byron Airport Operating Revenues $ 346,055 Operating Expenses 530,425 Net Operating Loss $ (184,370) Net Operating Revenues $ 519,203 Less: Debt service 545,563 Net Income (Loss) $ (26,360) 2006 Beginning Balance $ 740,500 Change in Net Income (90,462) Ending Balance $ 727,620

19 -FY2006 Revenues: $3.0 million total revenues, a substantial number of nonaeronautical sources, and significant long term leases Expenses: $2.6 million total Ground Rent 7% Concession 5% Tiedowns/Cards/Park 4% Fuel Flowage 3% Professional Services 6% Utilities 5% Insurance 2% Other/1 5% Hangars 21% Maintenance & Repairs 7% Other/1 6% Non-aeronautical 54% Services & Supplies 8% Salaries & Benefits 67%

20 Sources of Capital Funding Federal Airport Improvement Program Grants (AIP) Entitlement - $150,000 annually per Airport Discretionary Awarded by project on a priority basis Projects that enhance safety, security, capacity 95% funding basis for general aviation airports FAA Facilities and Equipment Funds

21 Sources of Capital Funding Continued State Grants (Caltrans) Annual Grants - $10,000 annually AIP Matching Grants 5% of Federal AIP grant awarded Acquisition & Development (A&D) Grants Private Third Party Financing Airport Revenues

22 Historical Capital Spending, FY Average $570,000 in capital improvements 97 percent from federal and state sources Total Average Grant Receipts AIP $2,651,762 $530,352 State $116,545 $23,309 Total Grants receipts $2,768,307 $553,661 Local CIP expenditures $91,754 $18,351 Total Capital Expenditures $2,860,061 $572,012

23 Capital Improvement Plan Project & Funding Summary for the 12 Months Ending June 30; Nominal $ Projects Year (s) Total AIP State Local Phase I Design - Overlay Taxiway (TW) E (N of TW J to Approach End of Runway (RW) 19R] & TW Golf & Run-Up Area for RW 1L Construct - Overlay/Reconstruct TW E (N of TW J to Approach End RW 19R) & TW Golf & Run-Up Area RW 1L Security Improvements (Fencing, Gates, Lights, Cameras, etc.) New Noise Monitoring and Flight Tracking System (Multilateration) Design - Overlay Eastside FBO Taxilane (TL) & TW J (S of TW A to App End of RW 32R) Reconstruction of Eastside FBO TL & TW J (S of TW A to App End of RW 32R) w/drainage Conduct Obstruction and Approach Survey - All Runways Design - East T-Hangars TL Rehab/Reconstruct & Drainage Construct - East T-Hangars TL Rehab/Reconst & Drainage 2008 $79, $75, $1, $2, ,070,872 1,017,329 25,433 28, ,092,727 1,038,091 25,952 28, , ,568 19,464 21, , ,770 4,544 5, ,970,766 1,872,228 46,806 51, ,964 55,066 1,377 1, , ,946 7,799 8, ,276,384 3,112,565 77,814 86,005

24 Capital Improvement Plan Project & Funding Summary for the 12 Months Ending June 30; Nominal $ Projects Year (s) Total AIP State Local Phase I Design Parallel Access Taxiway to 19 Acre Development Area Construct Parallel Access Taxiway to 19 Acre Development Area Construct Access Roadways for 19 Acre Development Area ,264 57,251 1,431 1, ,205,276 1,145,013 28,625 31, ,299,864 2,184,871 54,622 60,371 Capital Maintenance Reserve Phase , ,261 Phase II Construct - Overlay/Reconst RW 1L/19R ,333,850 6,017, , ,264 Construct - Overlay/Reconst RW 14L/32R ,523,866 6,197, , ,251 Reconstruct Taxiway B ,475,242 4,251, , ,475 Construct Airport Service Road From Hotel Ramp to Taxiway E ,554,771 1,477,033 36,926 40,813 Remove Portions of Taxiway D at Taxiway A; Construct Airport Service Road to East , ,513 15,238 16,842 Development Area Capital Maintenance Reserve Phase , ,764 Total Phase I & Phase II Projects /1 $32,325, $30,383, $759, $1,182,559.04

25 Financial Implementation Plan Key Assumptions Overall O&M expenses increase at 4 percent annually Airport rates and charges increase with inflation, estimated at 3 percent annually Projects will be completed as scheduled (timing and cost) and construction costs will increase with inflation Byron net operating loss will decrease as estimated by management

26 Financial Implementation Plan Key Assumptions Continued Airport activity levels will increase as forecasted in Working Paper One Federal and state grants will be available as programmed in the capital plan Projects without federal funding will be deferred until funding is available

27 Projected Capital Plan Funding, FY $12.6 million in capital projects over next six years 3.7 percent from local funds Grant Receipts/1 Total Average AIP $ 11,830,284 $18,552,856 $1,971,714 $3,710,571 State 295, ,821 49,293 92,764 Total Grants receipts $12,126,042 $19,016,677 $2,021,007 $3,803,335 Local Funds Local CIP Match $326, ,645 $54, ,529 Capital Maintenance Reserve/2 141, ,764 23,544 40,353 Total Local Funds $468,151 $714,408 $78,025 $142,882 Total Capital Expenditures $12,594,192 $19,731,085 $2,099,032 $3,946,217 Note: 1. Assumes funding at the 95%federal level and 5% matching state level. 2. To be funded entirely from local funds.

28 Projected Net Operating Income AAG 2007B 2008B Operating Revenues Ground Rent 1,865,629 1,963,259 2,275,955 2,638, % 3.4% 3.2% Hangars $689,111 $857,141 $993,661 $1,151, % 6.3% 4.8% Tiedowns/Key Cards/Transient Pkg. 137, , , , % 1.3% 2.1% Fuel Flowage 105, , , , % 6.0% 5.5% Concession 92,660 97, , , % 3.4% 3.2% Rental Car 46,200 53,300 61,789 71, % 5.0% 4.1% Concession 55,500 51,800 60,050 69, % 1.3% 2.1% Other /1 164, , , , % 2.9% 2.3% Total Operating Revenues $3,156,000 $3,698,322 $3,997,642 $4,636, % 4.0% 3.6% Less: Expenses 2,614,763 2,721,614 3,311,259 4,028, % 4.0% 4.0% Net Operating Income $541,237 $976,708 $686,383 $607, % 4.0% 1.1% Note: 1. "Other" includes control tower rent, utilities, development and completion fees, and other miscellaneous revenues.

29 Enterprise Fund-Projected Net Income For the 12 Months Ended Airport Enterprise Fund June 30; in Thousands Projected Operating Results 2007B 2008B Operating Revenues $3,156 $3,698 $3,647 $3,658 $3,768 $3,881 $3,998 Less: Operating Expenses/1 $2,615 $2,722 $2,830 $2,944 $3,061 $3,184 $3,311 Buchanan Net Operating Income $541 $977 $816 $714 $706 $697 $686 Less: Byron Net Operating Loss (est.)/2 $519 $446 $381 $317 $252 $187 $122 Net Operating Revenues $22 $530 $435 $398 $455 $510 $564 Less: Debt service /3 $205 $356 $356 $356 $ Net Income / (loss) $(183) $174 $78 $41 $276 $510 $564 Note: 1. Excludes debt service, assessments, and depreciation. 2. Assumes future development at Byron eliminates Byron's net loss incrementally over the next eight years. 3. Debt service shown is for both and Byron. The Airport Enterprise Fund pays annual debt service with 54 percent allocated to and 46 percent allocated to Byron. Final payment is scheduled to occur in FY 2011.

30 Projected Capital Plan Local Funding For the 12 Months Ended Airport Enterprise Fund June 30; in Thousands 2007B Projected Net Income / (loss) $(183) $174 $78 $41 $276 $510 $564 Capital Plan Funding Net Income / (loss) $(183) $174 $78 $41 $276 $510 $564 Less: CIP Local Match Surplus/ (Shortfall) $(231) $172 $(0) $3 $188 $466 $348 Airport Enterprise Fund Beginning Balance $650 $419 $591 $591 $594 $782 $1,248 Change in Net Income Before CIP (183) CIP Local Match (48) (2) (78) (39) (88) (44) (216) Ending Balance $419 $591 $591 $594 $782 $1,248 $1,596 Note: 1. Assumes funding at the 95%federal level and 5% matching state level. 2. To be funded entirely from local funds.

31 Next Steps Draft Final Report Strategic Business Plan Next Meeting June 21, 2007

32 Airport Planning Program Questions & Comments

33 Questions/ Additional Information Ms. Beth Lee Airport Business & Development Manager Contra Costa County Airports Division Phone Number. 925/

34 Airport Planning Program Thank You