1. AVIATION
AND
TRANSIT
BUDGETS
FY 2016

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

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

4. 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

5. 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

6. 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

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

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

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

10. 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

11. 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

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

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

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

15. We appreciate the opportunity to answer your questions.?