FY2016 CCDOA Financial Report as of 6302016.pdf - page 34

21
Net Position
As of June 30, 2016, 2015, and 2014
FY
FY
FY
2016
2015
2014
Net Position
(000)
(000)
(000)
Net investment in capital assets
619,109
$
666,778
$
775,098
$
Restricted net position:
Capital projects
59,445
64,783
37,846
Debt service
242,817
181,526
166,940
Other
76,349
76,906
75,182
Total restricted net position
378,611
323,215
279,968
Unrestricted net position
225,697
209,875
252,557
Total net position
1,223,417
$
1,199,868
$
1,307,623
$
Discussion of FY 2016 Operating Revenues
The following table is a summary of the Department's operating revenues for the fiscal years ending June 30, 2016,
2015, and 2014.
Operating Revenues
For the Fiscal Years Ended June 30, 2016, 2015, and 2014
FY
FY
FY
Percentage Percentage
2016
2015
2014
Change
Change
Operating Revenue Category
(000)
(000)
(000)
2016 - 2015 2015 - 2014
Terminal building and use fees
194,284
$
185,886
$
180,272
$
4.5%
3.1%
Terminal concession fees
67,009
66,586
65,910
0.6%
1.0%
Landing fees and other aircraft fees
57,620
60,917
61,222
-5.4%
-0.5%
Public and employee parking fees
38,852
36,034
33,704
7.8%
6.9%
Rental car facility fees
37,285
35,727
35,561
4.4%
0.5%
Rental car concession fees
35,600
33,853
31,644
5.2%
7.0%
Gate use fees
30,139
27,892
27,014
8.1%
3.3%
Gaming fees
29,516
27,657
25,566
6.7%
8.2%
Ground rents and use fees
22,020
22,122
21,605
-0.5%
2.4%
Ground transportation fees
19,273
16,797
15,901
14.7%
5.6%
General aviation fuel sales (net of cost)
5,033
4,508
4,069
11.6%
10.8%
Other operating income
3,569
3,750
4,587
-4.8%
-18.2%
540,200
$
521,729
$
507,055
$
3.5%
2.9%
The Agreement with the Signatory Airlines uses a residual rate-making methodology for the Department through
various cost centers by establishing a residual rental requirement in calculating a rate for landing fees, terminal
building rental rates, and gate use fees. The residual rental requirement is determined by the allocation of the
operating expenses and debt service of the Department to various cost centers, and those costs which are not
recovered from revenues generated by non-airline and non-Signatory Airline sources are to be recovered through
Signatory Airline landing fees, terminal building rental rates, and gate use fees.
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