AVIATION AND TRANSIT BUDGETS FY 2016

Transit Operating Budget FY 2016 Revenues $4,919,463 Expenditures $5,141,955 Projected Reserves as of June 30, 2015 $2,441,584

FY 2015 MET Estimated Totals Total Revenues $5,599,986 Less Total Expenditures 6,117,906 Projected Change to Reserves $ (517,920) 3

FY 2016 MET Budget Totals Total Revenues $5,463,754 Less Total Expenditures 5,822,319 Projected Change to Reserves $ (358,565) Note: FY 2016 personnel expenditures COLA is calculated at 0%. 4

MET Revenues FY 15 FY 16 Transit Tax Levy $1,978,207 $1,857,040 Federal and State 2,486,942 2,418,100 Fares/Operating 500,422 476,174 Other/Advertising 156,356 168,149 FTA Capital Grant 612,511 544,291 TOTAL $5,734,438 $5,463,754 5

MET Expenses FY 15 FY 16 Administration $ 671,607 $ 637,917 Operations $ 671,607 $ 637,917 Operations 3,435,727 3,326,271 Paratransit 1,394,956 1,177,767 FTA Capital Grant 750,764 680,364 TOTAL $6,253,054 $5,822,319 6

MET Capital Expenditures Federal FTA Grants (80% Funding) 2 Small Buses* $512,764 2 Paratransit Vans* 164,080 2 Bus Shelters* 3,520 TOTAL $680,364 *These grants are FTA funds passed through the Montana Department of Transportation. 7

Enplanement 10 Year History Calendar Years The Runway was closed six weekends in 2013.

Airport Totals Total Revenues $16,097,770 Total Expenditures 15,217,159 Revenues minus Expenditures $ 880,611 9

Airport Operating Revenues FY 15 FY 16 Concessions $4,178,334 $4,229,721 Land/Building Leases 1,435,476 1,439,831 Airlines 3,093,947 3,049,298 Other 1,171,112 1,035,071 TOTAL $9,878,869 $9,753,921 Increases: Concessions – Parking $226,000 and Car Rentals $149,000 Land & Building Leases – Renegotiated Industrial Park leases with DEQ and DNRC, most other leases are subject to CPIU increases, estimated 2% for FY15. Airlines - $1.00 increase in landing fees, Terminal Rents are approximately the same as FY14. Other – Car Rental Fuel Sales decreased $90,000. 10

Airport Operating Expenses FY 15 FY 16 Administration $1,809,924 $1,809,360 Building Maintenance 2,010,819 2,030,896 Airfield Ops/ARFF 2,604,673 2,521,096 QTA 690,011 571,746 Airport Police 850,264 807,418 TOTAL $7,965,691 $7,740,516 Administration – Decrease = $22,094 due to the following: Salaries & benefits increased $32,000 800 MHz decreased $54,000 because the past three years included charges for new components. The current year charge is for service only. Building Maintenance – Increase = $64,224 which is due to salaries & benefits. AFM/ARFF – Increase = $86,521 due to the following: Salaries & benefits increased $54,000 AFM Motor vehicle parts increased $15,000 AFM Maintenance services increased $24,000 QTA – Decrease = $70,788 due to decrease in fuel purchase for resale to the Car Rental Companies. Airport Police – Decrease = $6,944 due to training terminals $8,500. 11

Airport Capital Revenues Federal Grants (AIP) $4,534,992 Customer Facility Charges (CFC) 762,330 Passenger Facility Charges (PFC) 1,046,527 TOTAL $6,343,849

Airport Capital Expenditures Federal Grants (AIP Funded 90%) Expand Concourse B Hold Rooms and Restrooms 2,222,220 Runway 10R Extension: Safety Area Land purchase 444,440 Extend 10R 2,372,220 TOTAL $5,038,880

Airport Capital Expenditures (cont.) Local Capital Construct Warehousing Facility $250,000 Concourse Exit Improvements 200,000 Terminal Building Roofing 160,000 Terminal Building Carpeting 100,000 Other Improvements to business park and hangars 120,000 TOTAL $830,000 14

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