A financial presentation slide titled 'Airport Development Fund Balance' showing the airport's beginning balance of $655,058 thousand, ending balance of $743,355 thousand, and a target of $702,300 thousand, with the ending balance $41M higher than target. Drivers include $27.6M higher 2023 non-aero revenues, a $10M ARPA federal grant, and $47M lower capital project spending, partially offset by $62.6M higher operating expenses and $20M higher SLOA surplus credited to airlines.Open full document
Notes
A financial presentation slide titled ‘Airport Development Fund Balance’ showing the airport’s beginning balance of $655,058 thousand, ending balance of $743,355 thousand, and a target of $702,300 thousand, with the ending balance $41M higher than target. Drivers include $27.6M higher 2023 non-aero revenues, a $10M ARPA federal grant, and $47M lower capital project spending, partially offset by $62.6M higher operating expenses and $20M higher SLOA surplus credited to airlines.
