FY2016 CCDOA Financial Report as of 6302016.pdf - page 146

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Overview of Information Provided in the Statistical Section
The information provided in the statistical section has not been audited. It is intended to provide financial
statement users with additional historical perspective, context, and detail to assist in using the information in the
financial statements, the notes to the financial statements, and the required supplementary information in order to
understand and assess the Department’s economic condition.
Financial trend data has been provided to assist users in understanding and assessing how the Department’s
financial position has changed over time. The financial trend data provided includes summaries of trends in
operating revenues, expenses, and changes in net positions for the last ten years of the Department’s operations.
This section also includes detailed information on operating income before depreciation and non-operating
income and expenses. Also included in this section is detailed information on operating expenses by type such as
wages, maintenance, professional services, security and fire services, utilities, materials and supplies, insurance,
and other expenses.
Revenue capacity information has been provided to assist users in understanding and assessing the factors
affecting the Department’s ability to generate its own source revenues. Revenue capacity information provided
includes revenues by type such as rentals, fees, and airport concessions as well as summary information on
restricted revenues for the same period.
Debt capacity information has been provided to assist users in understanding and assessing the Department’s
debt burden as well as the Department's ability to service existing debt and issue additional debt. Schedules of
bond debt service coverage are included to provide trends in coverage for senior lien debt, subordinate lien
debt, PFC bonds, junior subordinate lien debt and Jet A bonds, and general obligation bonds issued by the
Department.
Demographic and economic information has been provided to assist users in understanding the socioeconomic
environment within which the Department operates and to provide information that facilitates comparisons of
financial statement information over time. Demographic and economic indicators provided include schedules of
metropolitan service area visitor volume, room occupancy rates, and convention attendance statistics as well as
population, labor source, and unemployment rates of the surrounding community.
Operating information has been provided to assist users with contextual information about the Department’s
operations and resources and to assist the reader in using financial statement information to understand and
assess the Department’s economic condition. Included in this section is passenger enplanement statistics, cargo
tonnage, and aircraft landed weights for the last ten years of the Department’s operations; airline market share
information by airline for the last three years of airport operations; and an analysis of per passenger concession
revenues, expenses, bond debt service coverage, and airline costs for the last ten years of the Department’s
operations.
This section is intended to be viewed in conjunction with the financial statements as a whole and to enhance the
usefulness of the financial information contained therein.
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