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OFFICIAL NOTICE AND AGENDA of a meeting of a City Board, Commission, Department, Committee, Agency, Corporation, Quasi- Municipal Corporation, or sub-unit thereof.

Meeting of the: COMMITTEE Date/Time: Wednesday, September 12, 2018 @ 6:00 pm. Location: Wausau Downtown Airport Terminal Building Conference Room Members: Pat Peckham (C), Karen Kellbach, Lisa Rasmussen, Dennis Smith, Doug Diny, Bob Mohr, Fred Prehn

AGENDA ITEMS FOR CONSIDERATION (All items listed may be acted upon)

Call to Order/Roll Call 1 Public Comment 2 Consider Minutes of Previous Meeting, May 9th, 2018 3 ASOS Facility Relocation and Jet A Fuel Farm Project Updates 4 East Hangar Development Area Project and Learn Build Fly Education Center Updates 5 Discussion and Possible Action Approving Revised Turner Hangar Land Lease from 80’ X 80’ to 70’ X 70’ 6 Discussion and Possible Action Regarding Private Hangar Building Code Changes 7 Discussion and Possible Action Approving Woldt Airport Access Agreement Proposal 8 Discussion and Possible Action to Approve Starr Proposal for Sewer/Water Installation in T- hangar #15 9 Airport Manager Report – Chmiel 10 Airport Budget Review - Groat Adjournment

Pat Peckham, Chair

IMPORTANT: FOUR (4) MEMBERS NEEDED FOR A QUORUM: If you are unable to attend the meeting, please notify Mary by calling (715)261-6621or via email [email protected]

This Notice was posted at City Hall and transmitted to the Daily Herald newsroom on 9/07/18 @ 2:30 p.m.

In accordance with the requirements of Title II of the Americans with Disabilities Act (ADA), the City of Wausau will not discriminate against qualified individuals with disabilities on the basis of disability in its services, programs or activities. If you need assistance or reasonable accommodations in participating in this meeting or event due to a disability as defined under the ADA, please call the City's ADA Coordinator at (715) 261-6620 or email [email protected] at least 48 hours prior to the scheduled meeting or event to request an accommodation.

Other Distribution: Media, Council (Martens, Nutting, Neal, Gisselman, McElhaney, Herbst, Thao) Mielke, Chmiel, Groat,*Alfonso, Polley, Swanborg AIRPORT COMMITTEE

Time and Place: Wednesday, May 9, 2018 at 6:00 p.m. at the Wausau Downtown Airport Terminal Conference Room

Members Present: Mohr, Peckham, Diny, Kelbach, Prehn, Smith

Members Excused: Rasmussen

Others Present: John Chmiel, Airport Manager, Tara Alfonso, City Attorney, MaryAnne Groat, Finance Director

In accordance with Chapter 19, Statutes, notice of this meeting was posted and copy Peckham called the meeting to order at 6:00 p.m. Chmiel invited new airport committee member Dennis Smith to meet with him at the airport on a future date to receive a tour of the facility.

Peckham announced to the airport committee his Mayoral appointment as airport committee chair. Rasmussen approached Peckham earlier in the week to say that, although she would be unable to attend the May 9th meeting, she would be happy to serve as vice-chair for the airport committee if she were nominated and the airport committee approved. Smith nominated Rasmussen as vice-chair and Mohr second. All approved.

Public Comment

No public comments were made.

Consider Minutes of Previous Meeting, March 14, 2018

Peckham questioned whether the distance from hangars by snow plows had been specified by the committee after discussion at the last meeting since he did not see that directly addressed in the motion in the minutes. Chmiel stated that he had written the minutes from a recording of the meeting so he would research the recording to find the specific distance. Mohr thought it had been increased to something between 6-8 feet. Alfonso stated that the approved distance had been included in the lease she revised that was approved at the last airport committee meeting. Chmiel stated that it was his understanding that the new leases would be forwarded to tenants in October. This delay in forwarding the new leases to tenants will allow the committee to address the question at the next airport committee meeting. Prehn questioned why the distance from the hangars had been increased. Chmiel explained that the change should accomplished two purposes. First, it reduces liability to the City and the plow drivers. Second, during large volume snow falls, an increased distance will reduce the volume of snow that is compacted against the front of the hangar from the snow escaping the side of the plow blade closest to the hangar. Prehn recommended that the distance should be reevaluated in a year. Chmiel agreed. This will ensure that the proper distance from the hangar was selected. Peckham recommended that the distance consideration should be on the next (September) airport committee agenda and added that the distance change should be reevaluated in a year by the committee. Peckham directed Chmiel to research the original decided distance before the next meeting. Prehn made a motion to accept the minutes. Diny second. Approved unanimously.

Discussion and Possible Action Approving Prehn Hangar Land Lease

Peckham announced to the committee that Fred Prehn would need to abstain from voting on the next two agenda items since they both directly impact Dr. Prehn.

Chmiel explained to the committee that Dr. Tom Turner wishes to sell his hangar to Dr. Prehn. The airport committee is required to vote whether to terminate Dr. Turner’s land lease. Then the airport committee is required to vote whether to approve Dr. Prehn’s land lease. That is the purpose of the next two agenda items.

Mohr made a motion to approve the land lease to Prehn Investments LLC. under the hangar formerly owned by Dr. Turner. Diny second the motion. All approved. Prehn abstained.

Discussion and Possible Action Terminating Turner Hangar Land Lease Due To Proposed Sale to Frederick C. Prehn

Mohr made a motion to accept the termination of Dr. Turner’s land lease due to the sale of the building to Dr. Prehn. Prehn clarified that the lease will be executed under the name Prehn Investments LLC. Kelbach second. No questions or comments. All approved. Prehn abstained.

Chmiel commented to the committee that the Prehn/Turner hangar transaction was good for the airport. The airport had previously approved Dr. Turner’s land lease and location for new hangar construction in the new EHDA. Construction of the new hangar was contingent upon the sale of this hangar. This sale allows Dr. Turner to proceed with construction in 2018.

Peckham recommended that Chmiel proceed with the manager’s report before the tour. Chmiel agreed.

Airport Manager Report – Chmiel

Chmiel stated that 2018 has been a good year so far with year-to-date fuel totals increasing over 2017 levels. Chmiel stated that 2016 was a phenomenal year for fuel flow and flight instruction and rental, but 2017 saw double digit losses in both those categories. Progress has been made in 2018 to make up the difference.

Chmiel stated that he is confident the growth will continue. WFS also plans to add additional staff for the summer to handle the workload. One of the employees will be a full-time flight instructor. This will also contribute to growth with flight instruction and rental numbers in 2017. For six months, WFS has been down to one flight instructor when they typically staff two full- time instructor positions.

Chmiel stated that there are no current maintenance issues at the airport. The East Hangar Development Area project is on schedule. Chmiel explained that parking lot reconstruction was added to the cost of the FAA project. This is due to the fact that sanitary sewer and water utilities were run from the west side of the airport to the EHDA through the parking lot. This necessitated repaving after the sewer/water install was completed. The result is that the City will not be burdened with 100% of repaving costs. FAA funding will now pay for the majority of the cost for parking lot reconstruction.

Chmiel reminded the committee that the “Wings Over Wausau” event is scheduled to occur on May 20th and he invited all to attend. Chmiel explained that in his opinion it could end up being one of the greatest events the airport has ever experienced. Combined with the “Wings Over Wausau” event is the dedication of Alexander “Airport” Park from 10 a.m. to 11 a.m. Chmiel explained that historical tours of the airport would take place after the park dedication.

Prehn recommended that Chmiel contact the Park Department to ensure that the park is opened as soon as possible. Prehn explained that children are playing on equipment which has been sanctioned by fence since last fall and it may be an unsafe situation. Chmiel explained that the area around many of the park equipment has not had the padded base installed. This base cannot be installed until the frost has escaped the ground. Chmiel explained that the park will be completed by May 20th and all contractors are aware of this deadline.

Chmiel stated that the drone racing event at the airport two weeks ago was deemed successful. Because of this success, the event coordinators plan to make it an annual event. The organizers have already discussed changing the event to a different time of year to increase the changes of better weather conditions. Plans include partnering with the Wausau R/C Sportsmen, more flying demonstrations, and inviting a variety of U.S. Government drones to fly to Wausau Airport for display and demonstrations. Prehn questioned if a NOTAM was issued during the event. Chmiel stated that a NOTAM was not issued this year since the radio controlled aircraft pilots were confident they would remain in the airspace designated for demonstration flying that was clear of active taxiways and runways. Chmiel stated that he would reevaluate NOTAM requirements for future events. Chmiel explained that the drone race course was located in a confined area west of the segmented circle and wind-T. Prehn asked for crowd estimates. Chmiel was unable to provide an accurate estimate but Diny attended the event and noted that traffic overflowed the parking lot and it was necessary to park within the neighborhood for the event.

Future airport events in 2018 include Pilot for a Day and Model Airplane Night for kids in June, Hamburger Nights in June and August, and the Balloon Rally, AirVenture Cup Race, and the Hatz Biplane Reunion in July.

Chmiel briefed the committee that he attended the 2018 Wisconsin Aviation Conference in May. During opening ceremonies for that event, Chmiel was able to describe the youth aviation programs occuring in Wausau to the entire audience. The underlying story during the entire event was the increasing shortage of qualified employees in aviation to include pilots, mechanics, and support personnel. The Lt. Gov. attended the event and expressed interest in what is happening at Wausau. Chmiel made contacts during the event for Chmiel to meet with the Wisconsin DOT to discuss how can help promote , and discuss how the DOT may be able to help Wausau facilitate our youth programs in Wausau.

Prehn asked if non-aeronautical activities on airport property had ever been considered at Wausau. He described a “radar run” he had experienced at Land O’Lakes airport that brought out large numbers of the general public to the airport. Prehn explained that the event heightened awareness for the airport within the community. Chmiel stated that at this point with all the other events on the airport, at this time it is probably not something we have to consider in the near future. But, Chmiel stated that he is not opposed to participating in a non-aeronautical event on airport property as long as it benefitted both by the airport tenants and the citizens of Wausau and it was approved by the FAA and BOA. An example of a currently FAA approved non- aeronautical event at Wausau Airport is the Annual “Run The 5K” which takes place in October.

Diny asked about “CONTACT!” Chmiel described it is the airport monthly newsletter for the airport and Wausau Flying Service, Inc. that is distributed to those who request to be on the email list. Chmiel stated that he would be sure that Diny is added to the list.

No further action taken.

Committee Tour of FBO/Terminal Building Describing Upgrade Proposals - Chmiel

Chmiel explained that he would give the airport committee a tour of the terminal/FBO building to show the committee first hand some of the areas that require repair and attention. Prehn questioned whether terminal upgrades are eligible for FAA funding. Chmiel stated that maintenance of existing airport buildings is not eligible, but that newly constructed airport terminal buildings may be eligible for FAA funding depending on how they are used. These FAA funded buildings cannot be occupied by an FBO or service provider. So, if the airport manager and FBO are the same person, such as in the case at Wausau airport, the FAA would not fund such a building.

Chmiel gave the committee a previewed description of the tour of building discrepancies which would include: exterior brick deterioration, windows requiring replacement around the building, exterior entry doors, and carpet replacement. Chmiel explained that the only windows replaced since 1952 are on the south side of the building in the office areas which were replaced in 1998. Chmiel reiterated to the committee that the airport is often the entry point for business jets visiting Wausau who arrive seeking to do business in the community. The entries to the building do not represent the forward and progressive community that is Wausau. The electrical in the building is old and needs to be brought up to code.

Prehn asked Chmiel if he felt the building needs to be replaced, or would it be best to consider an entirely new building. Chmiel felt that the building has good bones and the structure should be kept but the facilities upgraded. The roof doesn’t leak, the HVAC has been recently upgraded.

The committee proceeded on the tour. In the lobby Chmiel described removing the false ceiling, to expose the more utilitarian aspects of the ceiling and installing new lighting. Chmiel described replacing the window system in the southside lobby with glass “garage door” like structures that would allow the building to be opened during summer events with an indoor/outdoor concept. The concept would be similar to the “WOW” Restaurant on the riverfront. Smith explained that he previously worked in the window industry and would be happy to help find the right system. The floor would be kept as it currently exists.

Chmiel brought the group to the parking lot entry of the building. Chmiel showed areas where brick repair is required. He then asked the committee to evaluate the “curb appeal” of the building from the parking lot. The building exterior does not represent what happens inside building. A good architect could design a more fitting and representative exterior view of the building from the parking lot. The security fence takes away from the aesthetics of the building.

Peckham asked Chmiel his opinion regarding phasing the project over years. Chmiel stated that he would prefer to get it done all at once. Smith agreed that the building does not represent the City of Wausau very well. Prehn explained that he flies into many different airports and our facility ranks pretty low when compared to these other airports.

Prehn asked about the blue/white storage building on the north side of the parking lot. Chmiel explained that the building had been once owned and operated by the FAA. The building was donated to the City by the FAA in the 1990’s. Currently the police department uses the building for storage. Chmiel stated that he has spoken to the police department about returning the building for airport use. The police department is putting in a CIP request for a storage building at a different location. Prehn recommended that any requested upgrades to the storage building should be included with terminal building upgrade requests.

The group proceeded to the apron entry to the terminal building. Chmiel featured the front entry doors that airport visitors must pass. The “lean to” line shed on the east side of the terminal building was shown next featuring the roof leaks, rotted wood and exterior siding. Smith stated that something definitely needs to be done.

Prehn made a motion to ask the City to fund a feasibility study regarding upgrades to the terminal building. Mohr second the motion. Chmiel stated that he would discuss with MaryAnne how to fund a feasibility study for terminal upgrades. All approved.

Diny noted that the “Welcome Home to Wausau” located next to the terminal does not match current City logo signage.

Airport Budget Review

Chmiel stated that although he did not have updated budget figures for the committee, he was confident there are no urgent financial matters regarding the operating budget for the airport. No further action taken.

Mohr moved to adjourn the meeting, second by Diny. Motion carried unanimously and meeting adjourned at 6:54 p.m.

Respectfully Submitted by John P. Chmiel, Airport Manager

AIRPORT MANAGER’S REPORT September 2018

A. FUEL SALES August

2017/2018 Fuel Type 2016 2017 2018 % Change

92 OCT Auto 390 379 353 -7 100LL 3717 2951 2776 -6 Jet A 10809 11901 15985 34 Monthly Totals 14916 15231 19114 25

B. YEAR TO DATE FUEL TOTALS

2017/2018 % 2016 2017 2018 Change 108,246 95,848 114,024 19.0

C. AIRPORT OPERATIONS

Active Wausau Based Aircraft: 61 Inactive Wausau Based Aircraft: 21

Total Wausau Based Aircraft: 80

TOTAL ESTIMATED FLIGHT OPERATIONS : 4243

Companies Utilizing the Wausau Downtown Airport

“Fly Wisconsin” Program L & S Electric Noel Development St. Claires Hospital State of Wisconsin Governor Medevac Domtar Casey Co. Greenheck Fan Co. Carrier Furnace Co. Steffes Group Inc. Hertz Rental Car Trans Canada Pipeline Log Cabin Uber Jefferson St. Inn Marshfield Clinic/Spirit 2 Miron Construction Medex Inc. Eagle's Nest Red Eye Restaurant Great Dane U.W. Health Care City Grill Monk Properties the Mint Mayo Clinic Enterprise Rental Car Valley Medical Oak Tree Dental Cherry Tree Dental Peterson Funeral Home Ministry Health Care Country Inn & Suites Bushman's Lee's Famous Recipe Norlen All American Taxi Compass Properties Aqua Finance Ameriprise Financial Verlo Mattress

Local Companies Using Wausau Based Aircraft For Business Aspirus Wausau Flying Service Inc. Prehn Dental Kocourek Automotive Prehn Cranberry Co. Integrity Construction Wausau Supply Company Wynn Jones & Associates Piehler & Strande Heldt Custom Service & Ag Supply Civil Air Patrol Grischke & Laughlin Becher Hoppe First Impressions Pediatric Dentistry River Valley Bank Vortex Tool

D. AIRPORT MAINTENANCE

Lighting Systems: All OK Vehicles: All OK Snow Removal: All OK Buildings: Modifications to bathrooms and kitchen in Corporate hangar #4 are complete SRE BUILDING – no problems TERMINAL BUILDING – Recommended upgrades to be discussed during airport committee meeting CIVIL AIR PATROL OFFICES – no problems SECURITY GATE SYSTEM – no problems

E. AIRCRAFT RENTALS

Through April 2018

2017/2018 Month 2016 2017 2018 % Change

January 20.1 21.5 42.5 97.7 February 48.1 81.2 27.4 -66.3

March 74.4 49.6 54.3 9.5

April 54.6 65.2 49.9 -23.5 May 66.5 98.6 65.1 -34.0

June 116.0 96.9 88.5 -8.7

July 113.5 138.7 93.2 -32.8

August 173.1 102.6 144.0 40.4

September 55.0 84.1 0.0 -100.0

October 59.8 30.4 0.0 -100.0

November 55.1 27.3 0.0 -100.0

December 23.0 19.1 0.0 -100.0

Year-To-Date 666.3 654.3 564.9 -13.7

F. HANGAR TENANT CONCERNS

CORPORATE HANGAR ACTIVITY

Locally Based Aircraft using corporate hangar space: 1 jet, 4 turbine, 7 singles, 1 helicopter

T-HANGARS – 100 % occupancy with 28 aircraft owners on waiting list PRIVATE HANGARS – EHDA is an agenda item CITY HANGARS – No issues

G. AIRPORT PROMOTION

● “Model Airplane Night” (MAN) currently has 11 kids participating. We are on the third session of 2018 building a U-control model called a Ringmaster. MAN is organized by Wausau Flying Service, Inc. for Learn Build Fly . The annual activity will have four different models built over the year starting with basic free-flight models, then U-control and eventually radio control. Kids will have the opportunity to build their own airplanes. There will be a reasonable fee to cover costs. Model Airplane Night is a family activity. We highly recommend that parents participate with their children who are under age 12. Model Airplane Night is an event created to expose kids to aviation & aircraft modeling. We have full sponsorship for the first year from Kocourek Automotive, Becher Hoppe Engineering, Learn Build Fly, and Wausau Flying Service, Inc. ● We are in the process of planning the next “Drone Racing Event” at the Wausau Airport. The goal is to grow this event into an annual community airport event which will showcase drone flying, R/C model airplane/helicopter airshow, and a military drone display. The hope is we can plan the first big model airplane airshow in August of 2019. Our hope is that we can arrange to have the military drones fly-in for the event and perform demonstrations during the day. We are currently trying to encourage the Wausau R/C Sportsmen to consider moving their annual airshow back to the Wausau Airport as it was back in the 1990’s. ● The 50th Annual Hatz biplane reunion is planned for July of 2018 the same weekend as the AirVenture Cup Race. John Hatz was a local aviator and flight instructor who designed the homebuilt Hatz biplane. Thirteen Hatz designed airplanes attended the two-day event. Talks have started that the event may return to Wausau every five years.. ● “Run the Runway 5K” planned for October 2018 by the Southeast Side Neighborhood Group. Goal is to raise money for the park and future projects. ● Our two Hamburger Nights for 2018 occurred on June 6th & August 29th. The weather was good for both events. Total aircraft attending the events was probably close to 50, with an estimated 400 visiters to the airport fed. ● “Learn, Build, Fly” has gained 501 (C)(3) status. The group is building a Wittman Buttercup. Building meetings take place on Tuesday evenings and Sundays. The goal is to build aircraft and introduce adults and youth to aviation and homebuilding. About 30 people are active in the organization. ● Airport Manager John Chmiel participated in the planning group that created the state-wide “Fly Wisconsin” program. The program is designed to encourage pilots in the state to fly to all the airports in the Wisconsin Airport Directory and get their “passport” stamped. Participants are motivated by prizes sponsored by the Wisconsin Airport Managers Association. The Wisconsin Bureau of Aeronautics organized and created the program. ● Boy Scout Troop 465 sponsored by Wausau Flying Service, Inc. meeting weekly at the airport. ● AARP chapter has outgrown the airport facility so monthly meetings at the airport, so they have moved their event to a new location. ● The Southeast Side Neighborhood group meets on the 3rd Monday monthly at the airport. They have had as many as 90 attend their meetings. ● Civil Air Patrol holds all bi-monthly meetings at the airport. ● Wausau R/C Sportsmen holds monthly meetings at the airport September through May and they are negotiating to hold their meetings in the new Learn Build Fly facility. ● The AirVenture Cup Race returned to the Wausau Downtown Airport in July of 2018. Over 70 aircraft participated in the 2018 race including Wausau Downtown Airport tenant and first year air racer Dave Conrad. ● Please check out Flywausau.com and Wausau Downtown Airport FB page are being updated regularly. ● Sign-Up now for our monthly email newsletter “CONTACT”

Wausau Downtown Airport Statement of Financial Position Month Ended July 31, 2018

Assets 2018 2017 Current Assets: Cash and cash equivalents $ 24,792 $ 43,749 Trade receivables 4,366 4,616 Prepaid 10,502 3,957

Total current assets $ 39,660 $ 52,322

Land, Buildings, Machinery and Equipment net of accumulated depreciation $ 1,848,641 $ 2,010,661

Total Assets $ 1,888,302 $ 2,062,983

Liabilities and Net Assets Current Liabilities: Accounts Payable $ 5,021 $ 7,108 Deferred Revenue 4,799 $ 4,867

Total current liabilities $ 9,820 $ 11,974.67

Net Assets Unrestricted $ 29,841 $ 40,347 Permanently Restricted 1,848,641 2,010,661

Total Net Assets $ 1,878,482 $ 2,051,008

Total Liabilities and Net Assets $ 1,888,302 $ 2,062,983 Wausau Downtown Airport Statement of Activities (Budget to Actual) Month Ended July 31, 2018

BUDGET ACTUAL VARIANCE % 2017 OPERATING REVENUES Facility Income Hangars $ 98,500 $ 58,079 $ (40,421) 58.96% $ 58,166 Other Facilities 21,250 14,026 (7,224) 66.00% 13,871 Other Income Fuel Flow 15,000 10,234 (4,766) 68.22% 9,084 Other Misc Income - 21,045 21,045 0.00% 6,023 Total Operating Revenues 134,750 103,383 (31,367) 76.72% 87,143

OPERATING EXPENSES Administrative Expenses Management 79,000 44,692 34,308 56.57% 43,334 Office & Supplies 355 3,000 (2,645) 845.07% - Travel, Education, Dues 110 125 (15) 113.64% - Total Administrative Expenses 79,465 47,817 31,648 60.17% 43,334

Facility Expenses Utilities Water 1,200 1,034 166 86.14% 1,107 Electric 31,200 15,932 15,268 51.06% 16,908 Sewer 850 852 (2) 100.21% 806 Gas 25,000 8,240 16,760 32.96% 7,120 Telephone 2,600 1,886 714 72.54% 2,496 Garbage/ Recycling 1,800 1,055 745 58.62% 1,035 Building Janitorial Service 3,600 2,159 1,441 59.97% 2,100 Repair and Maintenance Contractual Services 90,000 46,108 43,892 51.23% 41,627 Repair and Maintenance Supplies 1,770 5,005 (3,235) 282.79% 3,737 Janitorial Supplies 1,800 993 807 55.16% 605 Grounds Snow Removal 10,000 5,700 4,300 57.00% 5,473 Mowing and Brushing 2,500 - 2,500 0.00% - Grounds and Grounds Improvement - 13,610 (13,610) #DIV/0! 8,046 Fire Protection 1,500 - 1,500 0.00% 2,074 Insurance Airport Liability 7,500 3,536 3,964 47.15% 3,267 Other Insurance 9,300 5,539 3,761 59.56% 5,539 Total Facility Expenses 190,620 111,650 78,970 58.57% 101,939

Vehicles and Equipment Fuel 4,000 2,366 1,634 59.15% 1,672 Contractual Services 500 - 500 0.00% - Supplies 1,800 1,215 585 67.52% 873 Total Vehicles and Equipment 6,300 3,582 2,718 56.85% 2,545

Depreciation 157,000 100,852 56,148 64.24% 91,550

Total Operating Expenses 433,385 263,901 169,484 60.89% 239,368

OPERATING LOSS (298,635) (160,518) (138,117) 53.75% (152,225)

NONOPERATING REVENUES General Property Taxes 94,000 94,000 - 100.00% 90,000 Total NonOperating Revenues 94,000 94,000 - 100.00% 90,000

CHANGE IN NET ASSETS (204,635) (66,518) (62,225)

CHANGE IN UNRESTRICTED NET ASSETS 34,334 29,325 UNRESTRICTED NET ASSETS, BEGINNING OF YEAR (4,494) 11,022

UNRESTRICTED NET ASSETS, TO DATE $ 29,841 $ 40,347

NOTES: PRIVATE HANGERS; 10 Hangers at 2016 Total Value $1,130,900; 2015 Taxes $28,220 Wausau Downtown Airport Statement of Cash Flow Month Ended July 31, 2018

2018 CASH FLOWS FROM OPERATING ACTIVITY Receipts from customers, users and others $ 98,863 Payments to suppliers (176,114)

Net Cash Provided (Used) by Operating Activities $ (77,251)

CASH FLOWS FROM NONCAPITAL FINANCING ACTIVIES Property taxes $ 94,000 Net Cash Provided by Noncapital Financing Activities $ 94,000

Net Increase (Decrease) 16,749

Cash and cash equivalents - beginning of year 8,043

Cash and cash equivalents - end of month $ 24,792

Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) $ (160,518) Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities: Depreciation expense 100,852 Changes in assets and liabilities: Accounts receivable 2,024 Inventories and prepayments (10,502) Accounts payable (2,563) Unearned revenue (6,544)

Net cash provided (used) by operating activities $ (77,251) Wausau Downtown Airport Statement of Financial Position Month Ended August 31, 2018

Assets 2018 2017 Current Assets: Cash and cash equivalents $ 25,820 $ 43,298 Trade receivables 3,238 4,923 Prepaid 9,711 3,284

Total current assets $ 38,769 $ 51,505

Land, Buildings, Machinery and Equipment net of accumulated depreciation $ 1,834,234 $ 1,997,583

Total Assets $ 1,873,003 $ 2,049,088

Liabilities and Net Assets Current Liabilities: Accounts Payable $ 5,905 $ 8,200 Deferred Revenue 4,496 $ 4,492

Total current liabilities $ 10,401 $ 12,692.23

Net Assets Unrestricted $ 28,368 $ 38,813 Permanently Restricted 1,834,234 1,997,583

Total Net Assets $ 1,862,602 $ 2,036,396

Total Liabilities and Net Assets $ 1,873,003 $ 2,049,088 Wausau Downtown Airport Statement of Activities (Budget to Actual) Month Ended August 31, 2018

BUDGET ACTUAL VARIANCE % 2017 OPERATING REVENUES Facility Income Hangars $ 98,500 $ 66,419 $ (32,081) 67.43% $ 66,169 Other Facilities 21,250 15,342 (5,908) 72.20% 15,104 Other Income Fuel Flow 15,000 12,409 (2,591) 82.73% 11,049 Other Misc Income - 21,149 21,149 0.00% 6,504 Total Operating Revenues 134,750 115,319 (19,431) 85.58% 98,826

OPERATING EXPENSES Administrative Expenses Management 79,000 51,003 27,997 64.56% 49,524 Office & Supplies 355 3,000 (2,645) 845.07% - Travel, Education, Dues 110 125 (15) 113.64% - Total Administrative Expenses 79,465 54,128 25,337 68.12% 49,524

Facility Expenses Utilities Water 1,200 1,034 166 86.14% 1,110 Electric 31,200 15,989 15,211 51.25% 18,940 Sewer 850 852 (2) 100.21% 806 Gas 25,000 8,240 16,760 32.96% 7,249 Telephone 2,600 2,100 500 80.79% 2,772 Garbage/ Recycling 1,800 1,206 594 67.00% 1,183 Building Janitorial Service 3,600 2,459 1,141 68.30% 2,400 Repair and Maintenance Contractual Services 90,000 48,634 41,366 54.04% 42,268 Repair and Maintenance Supplies 1,770 5,641 (3,871) 318.71% 3,737 Janitorial Supplies 1,800 1,337 463 74.28% 854 Grounds Snow Removal 10,000 5,700 4,300 57.00% 5,473 Mowing and Brushing 2,500 - 2,500 0.00% 1,714 Grounds and Grounds Improvement - 14,846 (14,846) #DIV/0! 8,321 Fire Protection 1,500 - 1,500 0.00% 2,074 Insurance Airport Liability 7,500 4,042 3,458 53.89% 3,733 Other Insurance 9,300 6,331 2,969 68.07% 6,331 Total Facility Expenses 190,620 118,410 72,210 62.12% 108,966

Vehicles and Equipment Fuel 4,000 2,705 1,295 67.62% 1,672 Contractual Services 500 - 500 0.00% - Supplies 1,800 1,215 585 67.52% 873 Total Vehicles and Equipment 6,300 3,920 2,380 62.22% 2,545

Depreciation 157,000 115,259 41,741 73.41% 104,629

Total Operating Expenses 433,385 291,717 141,668 67.31% 265,664

OPERATING LOSS (298,635) (176,398) (122,237) 59.07% (166,837)

NONOPERATING REVENUES General Property Taxes 94,000 94,000 - 100.00% 90,000 Total NonOperating Revenues 94,000 94,000 - 100.00% 90,000

CHANGE IN NET ASSETS (204,635) (82,398) (76,837)

CHANGE IN UNRESTRICTED NET ASSETS 32,861 27,791 UNRESTRICTED NET ASSETS, BEGINNING OF YEAR (4,494) 11,022

UNRESTRICTED NET ASSETS, TO DATE $ 28,368 $ 38,813

NOTES: PRIVATE HANGERS; 10 Hangers at 2016 Total Value $1,130,900; 2015 Taxes $28,220 Wausau Downtown Airport Statement of Cash Flow Month Ended August 31, 2018

2018 CASH FLOWS FROM OPERATING ACTIVITY Receipts from customers, users and others $ 111,624 Payments to suppliers (187,847)

Net Cash Provided (Used) by Operating Activities $ (76,223)

CASH FLOWS FROM NONCAPITAL FINANCING ACTIVIES Property taxes $ 94,000 Net Cash Provided by Noncapital Financing Activities $ 94,000

Net Increase (Decrease) 17,777

Cash and cash equivalents - beginning of year 8,043

Cash and cash equivalents - end of month $ 25,820

Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss) $ (176,398) Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities: Depreciation expense 115,259 Changes in assets and liabilities: Accounts receivable 3,152 Inventories and prepayments (9,711) Accounts payable (1,679) Unearned revenue (6,847)

Net cash provided (used) by operating activities $ (76,223)