Comprehensive Annual Financial Report

Total Page:16

File Type:pdf, Size:1020Kb

Comprehensive Annual Financial Report COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Years Ended April 30, 2018 and 2017 Kansas City Aviation Department An Enterprise Fund of the City of Kansas City, Missouri COMPREHENSIVE ANNUAL FINANCIAL REPORT For the years ended April 30, 2018 and 2017 For the Kansas City Aviation Department An Enterprise Fund of the City of Kansas City, Missouri Rendering of proposed new single terminal at Kansas City International Airport Prepared by John Green, CPA, Chief Financial Officer Fred J. O’Neill, Finance & Accounting Manager Danelle J. Harrison, General Ledger Manager Finance and Accounting Staff GOVERNANCE Kansas City (the City) is a constitutionally chartered city and political subdivision of the State of Missouri, incorporated on June 3, 1850. The City is the central city of a fifteen-county Metropolitan Statistical Area (MSA) situated at the confluence of the Kansas and Missouri rivers. The City is governed by a city council comprising a mayor and twelve other elected members. The city council is elected to four-year terms of which only two terms may be consecutive. The Mayor and six of the council members are elected at large and six council members are elected by the residents of their districts. The City Council is responsible for establishing the City’s policy and overseeing the City’s affairs. CITY OF KANSAS CITY, MISSOURI MAYOR – Sly James CITY COUNCIL MEMBERS District Council Members: Council Members-At-Large: District 1 – Heather Hall District 1 – Scott Wagner District 2 – Dan Fowler 3, 4 District 2 – Teresa Loar 1 District 3 – Jermaine Reed 5 District 3 – Quinton Lucas 4 District 4 – Jolie Justus 2, 4 District 4 – Katheryn Shields District 5 – Alissia Canady District 5 – Lee Barnes, Jr. District 6 – Kevin McManus 6 District 6 – Scott Taylor 1Airport Committee Member; 2Airport Committee Chairman; 3Airport Committee Vice Chairman 4Transportation & Infrastructure Committee Member; 5Transportation & Infrastructure Committee Chairman; 6Transportation & Infrastructure Committee Vice Chairman CITY MANAGER – Troy Schulte The Mayor appoints members of the City Council to serve on the City’s Airport Committee and the Transportation and Infrastructure Committee. These committees perform in-depth reviews of proposed Aviation Department legislation and objectives. Subsequent to the review of department legislation, the committee will forward a recommendation to the full City Council for approval. The City Council is also responsible for appointing the City Manager, who is responsible for implementing the policies approved by the City Council. The City Manager appoints and has oversight responsibility for the Director of Aviation. The Director of Aviation (the Director) is responsible for the operation and maintenance of the Department’s two airport facilities: the Kansas City International Airport (MCI) and the Charles B. Wheeler Downtown Airport (MKC), and a portion of the Richards-Gebaur Intermodal Transportation Facility (formerly Richards-Gebaur Memorial Airport). The Director is also responsible for department staffing requirements and operates the department via 19 divisions. Each division manager is responsible for budgeting and overseeing the daily operations of his/her respective division. DEPARTMENT OF AVIATION . DIRECTOR – Patrick Klein DEPUTY DIRECTORS Ian Redhead – Operations and Maintenance John Green – Chief Financial Officer Justin B. Meyer – Marketing David Graham Long – Properties & Commercial Development Jade Liska – Planning & Engineering DIVISION MANAGERS Patrick Klein, Administration Bob Johnson, Operations Fred O’Neill, Finance & Accounting Stephen Newman, Airport Police Ed Kline, Purchasing & Warehouse Seth Smith, Field Maintenance David Jacobus, Information Technology Kenneth Williams, Fleet Maintenance Jade Liska, Planning & Engineering Cynthia Williams, Facilities-Custodial Lori Briggs, Employee Management Services Henry Linch, Facilities-Structural Justin Meyer, Marketing Shirley Winn, Bus Operations David Long, Commercial Development Sabrina Largen, Environmental Mgmt. Katy Sell, Parking Services Rahmaan Burns, Safety Jim Vitatoe, Overhaul Base Operations Akayla Jones, Human Relations Melissa Cooper, Downtown Airport (MKC) City of Kansas City, Missouri Department of Aviation Comprehensive Annual Financial Report Years Ended April 30, 2018 and 2017 Table of Contents Introductory Section Letter of Transmittal ............................................................................................................................ I Certificate of Achievement for Excellence in Financial Reporting .................................................. IX Organizational Chart ......................................................................................................................... X Financial Section Independent Auditor’s Report ........................................................................................................ A-1 Management’s Discussion and Analysis ........................................................................................ A-4 Basic Financial Statements Statements of Net Position ...................................................................................................... A-16 Statements of Revenues, Expenses and Changes in Net Position ........................................... A-18 Statements of Cash Flows ....................................................................................................... A-19 Notes to Financial Statements ................................................................................................. A-21 Required Supplementary Information (Unaudited) Schedule of the Fund’s Proportionate Share of the Net Pension Liability .............................. A-60 Schedule of the Fund Contributions ........................................................................................ A-61 Schedule of Funding Progress ................................................................................................. A-62 Statistical Section Financial Trends Schedule of Historical Net Position and Cash Flows Information ............................................ B-1 Schedule of Historical Revenues and Expenses ........................................................................ B-3 Schedule of Statements of Cash Flows ..................................................................................... B-5 Schedule of Unrestricted and Restricted Cash and Investments ............................................... B-7 Revenue Capacity Schedule of Revenues, Expenses and Changes in Net Position by Facility .............................. B-9 Schedule of Grants .................................................................................................................. B-10 Schedule of Highest Paying Customers .................................................................................. B-11 Schedule of Most Popular Destinations .................................................................................. B-12 Schedule of Non-Stop Destinations ........................................................................................ B-13 Schedule of Passenger and Cargo Airlines .............................................................................. B-14 Schedule of Airline Service ..................................................................................................... B-15 Debt Capacity Schedule of Ratios of Outstanding Debt, Debt Service and Debt Limits ................................ B-17 Schedule of Historical General Airport Revenue Bond Debt Service Coverage .................... B-19 Schedule of Annual Passenger Enplanements ......................................................................... B-21 Schedule of Monthly Enplanements ........................................................................................ B-22 Schedule of Changes in Monthly Enplanements ..................................................................... B-23 Schedule of Airlines Market Share ......................................................................................... B-25 Schedule of MCI Aircraft Operations ..................................................................................... B-29 Schedule of Enplaned Cargo ................................................................................................... B-30 Schedule of Commercial Aircraft Landed Weight by Airline ................................................. B-31 Schedule of Commercial Aircraft Landings ............................................................................ B-35 Schedule of Annual Parking Revenue by Facility ................................................................... B-39 Schedule of Historical Airline Cost Per Enplaned Passenger ................................................. B-40 Schedule of Total Airport System Revenue and Expenses ..................................................... B-41 Schedule of Historical Operating and Maintenance Expenses ................................................ B-43 Schedule of Historical Revenues ............................................................................................. B-45 Schedule of PFC Revenues ..................................................................................................... B-47 Schedule of PFC Bond Sufficiency Covenant ........................................................................ B-48 Demographic and Economic Information Schedule of Population ...........................................................................................................
Recommended publications
  • Indianapolis Airport Authority 7800 Col
    STATE OF INDIANA AN EQUAL OPPORTUNITY EMPLOYER STATE BOARD OF ACCOUNTS 302 WEST WASHINGTON STREET ROOM E418 INDIANAPOLIS, INDIANA 46204-2765 Telephone: (317) 232-2513 Fax: (317) 232-4711 Web Site: www.in.gov/sboa June 13, 2016 Board of Directors Indianapolis Airport Authority 7800 Col. H. Weir Cook Memorial Drive, Suite 100 Indianapolis, IN 46241 We have reviewed the audit report prepared by BKD LLP, Independent Public Accountants, for the period January 1, 2015 to December 31, 2015. In our opinion, the audit report was prepared in accordance with the guidelines established by the State Board of Accounts. Per the Independent Public Accountants' opinion, the financial statements included in the report present fairly the financial condition of the Indianapolis Airport Authority, as of December 31, 2015 and the results of its operations for the period then ended, on the basis of accounting described in the report. The Independent Public Accountants' report is filed with this letter in our office as a matter of public record. Paul D. Joyce, CPA State Examiner Indianapolis Airport Authority Independent Auditor’s Report and Financial Statements December 31, 2015 and 2014 Indianapolis Airport Authority December 31, 2015 and 2014 Contents Independent Auditor’s Report ............................................................................................... 1 Management’s Discussion and Analysis ............................................................................. 4 Financial Statements Balance Sheets .................................................................................................................................
    [Show full text]
  • A Woeful Tale of an Airport Subsidy
    August 22, 2018 Policy Brief: Volume 18, Number 32 A Woeful Tale of an Airport Subsidy Summary: The Allegheny County Airport Authority transferred a lot of money to OneJet Inc. to have them move their “focus” airport to Pittsburgh from Indianapolis. Promises of services to 10 destinations were made in exchange for the $3 million of loans and investments. It has not worked out well. OneJet Inc. began its existence by incorporating in Larkspur, California. Its headquarters is in Massachusetts. Its hub (focus) of operations—if two destinations can be called a hub—is in Pittsburgh. After beginning serious operations in Indianapolis in 2015 with great fanfare about service to cities throughout the Midwest and Pittsburgh, the airline dumped Indianapolis as its base in 2016 and entered into a heavily subsidized agreement to move its operations base to Pittsburgh. OneJet promised flights to 10 destination cities from Pittsburgh International Airport (PIT) in exchange for a $3 million “investment”. In October 2017, the airline received an unknown “investment” in Milwaukee to set up a secondary operations base. As of August 17, 2018, the airline operates to only five destinations— Hartford, Indianapolis, Pittsburgh, Albany and Buffalo. The Albany and Buffalo flights are only between those two New York cities. Two destinations remain for Pittsburgh—Hartford and Indianapolis. And flights from Hartford and Indianapolis are still in effect to each other and Pittsburgh. Note that, according to USA Today, Milwaukee business leaders made a significant investment in the airline last October. However, currently, Milwaukee is not a second focus airport and is not even a OneJet destination.
    [Show full text]
  • TSA Precheck Program Guide
    TravelPrecheck.org TSA PreCheck Program Guide What you Need to Know to Speed Up your Travels Table Of Contents Guide Introduction 06 About The Transportation Security Administration (TSA) 08 About The TSA PreCheck Program 10 Five Reasons To Enroll In TSA PreCheck 11 TSA PreCheck Eligibility Requirements 13 Pre-Approved Trusted Traveler Groups 14 TSA PreCheck For Military Personnel 16 Who Is ineligible to apply for TSA PreCheck? 18 The TSA PreCheck Application Process 20 Required Documents For TSA PreCheck Applicants 21 Post-TSA PreCheck Application Steps 23 Can I appeal a TSA PreCheck application denial? 24 Revocation of TSA PreCheck Memberships 25 TSA PreCheck Membership Renewal 26 TSA PreCheck Participating Airports 28 Airlines That Participate in TSA PreCheck 40 About Global Entry 44 TSA PreCheck vs. Global Entry 45 Checklist Of Prohibited TSA Items 47 TravelPrecheck.org | 6 Guide Introduction As Travel Day approaches, you have undoubtedly As a way to eliminate long wait times and lines, already gone through a routine checklist to get TSA now sponsors TSA PreCheck, which is a ready for your trip. From packing a bag you plan program that expedites the process through to carry on to the aircraft (void of prohibited airport security checkpoints. items), to scheduling transportation to the airport, preparations can be hectic. Of course, there are This exclusive traveler membership is ideal for almost always factors that are out of your control, frequent flyers. Once you enroll, gone are the days which may include uncooperative weather or associated with disrobing for security scanners. short-staffing at airport security, increasing the In addition, with TSA PreCheck benefits, you no time it takes for you to get to your airplane and longer need to unpack a suitcase or a bag as you board for departure.
    [Show full text]
  • Abele Announces Major Expansion of Onejet at Mke
    FOR IMMEDIATE RELEASE Media contact line: (414) 519-8482 ABELE ANNOUNCES MAJOR EXPANSION OF ONEJET AT MKE MILWAUKEE (October 3, 2017) – Milwaukee County Executive Chris Abele has announced a major expansion of OneJet at General Mitchell International Airport (MKE), which will include two new nonstop destinations and the addition of a Milwaukee operating base. The air service announcement includes new nonstop service from MKE to Columbus, Ohio (CMH) and Omaha, Nebraska (OMA) beginning November 1. OneJet currently offers twice- daily service from MKE to Pittsburgh. “The opening of OneJet’s base of operation at MKE creates jobs and shows that Milwaukee is on the leading edge of this new business model providing nonstop access to important destinations in the Midwest,” County Executive Abele said. “The new service to Columbus and Omaha is outstanding news for travelers who need same-day flights to/from these cities.” “Milwaukee has proven to be an exceptional market for OneJet service, and this expansion underscores our commitment to bring nonstop service to important markets from MKE,” said Matthew Maguire, OneJet CEO. “We look forward to working with County Executive Abele and the Milwaukee Airport team as we evaluate additional growth in our network.” MKE to CMH flight schedule: CMH to MKE flight schedule: Depart 6:00am CT, Arrive 8:00am ET Depart 8:20am ET, Arrive 8:20am CT Depart 3:00pm CT, Arrive 5:00pm ET Depart 5:20pm ET, Arrive 5:20pm CT MKE to OMA flight schedule: OMA to MKE flight schedule: Depart 8:40am CT, Arrive 10:00am CT Depart 10:20am CT, Arrive 11:35am CT Depart 5:40pm CT, Arrive 7:00pm CT Depart 7:20pm CT, Arrive 8:35pm CT With the expansion, OneJet will offer a total of 60 nonstop flights to and from the Milwaukee area each week.
    [Show full text]
  • BDL Brochure.Pdf
    The Connecticut Airport Authority The Connecticut Airport Authority (CAA) was established as a quasi-public agency in 2011 to own, improve, and operate Bradley International Airport and the five state-owned general aviation airports (Danielson, Groton-New London, Hartford-Brainard, Waterbury-Oxford, and Windham). The CAA strives to provide excellent customer service and top-quality facilities for its passengers while making Connecticut’s airports more attractive to new airlines, establishing new routes, and supporting Connecticut’s overall economic development and growth strategy. The CAA’s five general aviation airports are also crucial components of the state’s overall transportation system, providing access to corporate aircraft, local pilots, and convenient charter service for regional businesses. Already, the CAA has achieved numerous milestones, including the addition of new Bradley service to Dublin (Ireland), Los Angeles, Pittsburgh, Fort Myers, Houston, Tampa and Washington, D.C. The Airports: Bradley International Airport Bradley International Airport (BDL) is a civil/military airport in Windsor Locks, Connecticut. Owned and operated by the Connecticut Airport Authority, it is the second-largest airport in New England. The airport is about halfway between Hartford and Springfield. It is Connecticut's busiest commercial airport with 93,461 operations for the calendar year ending 2015 and enplanements of 1,465,147 as of June, 2016. Airlines operating at Bradley International Airport include Aer Lingus, Air Canada, American Airlines, Delta, JetBlue, OneJet, Southwest, and United. As a dual-use military facility with the U.S. Air Force, the airport is also home to the 103rd Airlift Wing (103 AW) of the Connecticut Air National Guard.
    [Show full text]
  • ALBANY COUNTY AIRPORT AUTHORITY New York's Tech
    ALBANY COUNTY AIRPORT AUTHORITY Comprehensive Annual Financial Report For the Years Ended December 31, 2018 and 2017 New York’s Tech Valley Airport A component unit of the County of Albany, located in the Town of Colonie, New York flyalbany.com Albany County Airport Authority As of December 31, 2018 Authority Board Members Rev. Kenneth J. Doyle Patricia M. Reilly Chair Vice-Chair Term Expires: December 31, 2019 Term Expires: December 31, 2020 Anthony Gorman Samuel A. Fresina Lyon M. Greenberg, MD Secretary Member Member Term Expires: December 31, 2020 Term Expires: December 31, 2020 Term Expires: December 31, 2021 Steven H. Heider Kevin R. Hicks, Sr. Member Member Term Expires: December 31, 2020 Term Expires: December 31, 2020 Authority Management John A. O’Donnell, PE Chief Executive Officer William J. O’Reilly, CPA Chief Financial Officer Peter F. Stuto, Esq. Airport Counsel ALBANY COUNTY AIRPORT AUTHORITY COMPREHENSIVE ANNUAL FINANCIAL REPORT Years Ended December 31, 2018 and 2017 Prepared by the Finance Department William J. O’Reilly, CPA Chief Financial Officer Margaret Herrmann Chief Accountant A Component Unit of the County of Albany Town of Colonie, New York www.albanyairport.com CUSIP #012123XXX Additional information relating to the Airport Authority is available at the Airport’s website: www.flyalbany.com If you would like any further information, contact the Chief Financial Officer at (518) 242-2204 or at Albany County Airport Authority, 737 Albany Shaker Rd, Administration Building Room 204, Albany, NY 12211 TABLE OF CONTENTS PAGE(S) I. INTRODUCTORY SECTION Albany County Airport Authority: Members and Principal Officers ..................................... Inside Front Cover Chairman’s Message ..................................................................................
    [Show full text]
  • Albany County Airport Authority
    NEW ISSUES-BOOK ENTRY ONLY MOODY’S: “A3” STANDARD & POOR’S: “A” (See “RATINGS” herein) In the opinion of Hodgson Russ LLP, Albany, New York, Bond Counsel to the Authority (“Bond Counsel”), based on existing statutes, regulations, rulings and court decisions and assuming the accuracy of certain representations and continuing compliance with certain covenants described in “Tax Exemption” herein, (1) interest on the Series 2019/2020 Bonds is excluded from gross income for federal income tax purposes, except that no opinion is expressed as to the exclusion from gross income of interest on any Series 2020B Bond during any period when such Series 2020B Bond is held by a “substantial user” of the facilities financed or refinanced by the Series 2020B Bonds, or a “related person” thereto, as those quoted terms are used in Section 147(a) of the Code, (2) interest on the Series 2019 Bonds and the Series 2020A Bonds is not an “item of tax preference” for purposes of the federal alternative minimum tax imposed by the Internal Revenue Code of 1986, as amended (the “Code”), and (3) interest on the Series 2020B Bonds is an “item of tax preference” for purposes of the federal alternative minimum tax imposed by the Code. Bond Counsel is further of the opinion that interest on the Series 2019/2020 Bonds is exempt from personal income taxes imposed by the State of New York or any political subdivision thereof (including The City of New York). For a more complete discussion, including certain other tax considerations, see “TAX EXEMPTION” herein. ALBANY COUNTY
    [Show full text]
  • Press Release
    PRESS RELEASE For Further Information Contact: Alisa D. Sisic – Marketing and Communications Coordinator (860) 292-2107, [email protected] CONNECTICUT AIRPORT AUTHORITY TO LAUNCH NEW WEEKDAY, NONSTOP ONEJET SERVICE TO PITTSBURGH WINDSOR LOCKS, CONNECTICUT – February 11, 2016 – The Connecticut Airport Authority (CAA) is pleased to announce the debut of new weekday, nonstop service between Bradley International Airport (BDL) and Pittsburgh International Airport (PIT) to be operated by OneJet. “We’re thrilled to announce today this new service between Hartford and Pittsburgh,” said Matthew Maguire, OneJet’s Chief Executive Officer. “This is a critical business route for both cities, and presents a compelling opportunity for OneJet and its customers. This route selection reflects economic strength for both Hartford and Pittsburgh air markets, as well as for both its respected communities.” “The CAA strives to provide its travelers with access to the nation’s most popular destinations,” said CAA Board Chair Mary Ellen Jones. “The addition of this service provides evidence of the CAA’s focus on providing the highest level of customer service and heightens Bradley’s already solid standing in the region.” “The CAA is pleased to have partnered with OneJet in offering our business community access to a very important business destination,” said CAA Executive Director Kevin Dillon. “The introduction of this new service reflects our ongoing commitment to offering our passengers an ever expanding menu of flight options and the opportunity to travel more conveniently.” The service will commence on May 9, 2016, on a Hawker 400 light jet aircraft. Seats are available for sale beginning April 1st, subject to customary Department of Transportation approvals.
    [Show full text]
  • Executive Summary
    Public Finance Airport Surveillance Report Columbus Regional Airport Authority Airport Revenue Bonds Executive Summary Kroll Bond Rating Agency (KBRA) affirms the long-term rating of AA- with a Stable Outlook on the Columbus Regional Airport Authority’s (CRAA) airport revenue bonds. This rating applies to all of the Authority’s outstanding Airport Revenue debt, except for bonds backed by a letter of credit or liquidity facility. As of December 31, 2016, the Authority had approximately $84.2 million of airport revenue bonds outstanding. This affirmation is based on KBRA’s U.S. General Airport Revenue Bond Methodology. KBRA’s rating evaluation of the long-term credit quality of general airport revenue bonds focuses on six key rating determinants: Management Economics and Demographics of Service Area Airport Utilization Airport Debt and Capital Needs Airport Finances Legal Mechanics and Security Provisions In the process of affirming the rating, KBRA reviewed multiple sources of information and spoke with airport management. Further information may be found in the Columbus Regional Airport Authority, Airport Revenue Bonds rating report published on November 16, 2016. Security Provisions The airport revenue bonds are special obligations of the Authority, payable solely from and secured by a pledge of the net revenues of John Glenn International Airport (CMH) and Bolton Field, and a lien upon the revenue fund, debt service fund and the debt service reserve fund. Rickenbacker International Airport is not designated as an airport for purposes of the trust indenture. Neither the revenues nor expenses of Rickenbacker are included for purposes of calculating compliance with the rate covenant nor additional bonds test.
    [Show full text]
  • 2017-18 Louisville Basketball Louisville Basketball
    2017-18 Louisville Basketball Louisville Basketball 2017-18 Men’s Basketball Schedule Date Opponent Site Time (ET) Television October Mon. 30 KENTUCKY WESLEYAN/exhibition KFC YUM! CENTER 7:00 p.m. ACC Network Extra November Tues. 7 BELLARMINE/exhibition KFC YUM! CENTER 7:00 p.m. ACC Network Extra Sun. 12 GEORGE MASON KFC YUM! CENTER 2:00 p.m. RSN Fri. 17 NEBRASKA OMAHA KFC YUM! CENTER 7:00 p.m. ACC Network Extra Tues. 21 SOUTHERN ILLINOIS KFC YUM! CENTER 7:00 p.m. RSN Fri. 24 ST. FRANCIS KFC YUM! CENTER 7:00 p.m. ACC Network Extra Tues. 28 at Purdue in Big Ten/ACC Challenge West Lafayette, Ind. 8:00 p.m. ESPN December Sun. 3 SETON HALL in Billy Minardi Classic KFC YUM! CENTER 4:00 p.m. ESPN2 Wed. 6 SIENA in Gotham Classic KFC YUM! CENTER 7:00 p.m. ESPN2 Sat. 9 INDIANA KFC YUM! CENTER 2:00 p.m. ESPN Mon. 11 BRYANT in Gotham Classic KFC YUM! CENTER 7:00 p.m. ESPNU Sat. 16 vs. Memphis in Gotham Classic New York, N.Y. Noon ESPN2 Madison Square Garden Wed. 20 ALBANY in Gotham Classic KFC YUM! CENTER 9:00 p.m. ESPNU Sat. 23 GRAND CANYON KFC YUM! CENTER 1:00 p.m. ACC Network Extra Fri. 29 at Kentucky Lexington, Ky. 1:00 p.m. CBS January Tues. 2 PITTSBURGH KFC YUM! CENTER 9:00 p.m. ESPNU Sat. 6 at Clemson Greenville, S.C. Noon ACCN/WAVE-TV Wed. 10 at Florida State Tallahasee, Fla. 9:00 p.m.
    [Show full text]
  • Confirmed Airlines and Airports Jumpstart® 2018
    Confirmed Airlines and Airports JumpStart® 2018 Confirmed Airlines Air Canada Onejet Alaska Airlines Public Charters dba Regional Sky Allegiant Airlines Republic Airways American Airlines Southern Airways Express Cape Air Southwest Airlines Contour Airlines Spirit Airlines Copa Airlines Sun Country Airlines Delta Air Lines Sunwing Airlines Enerjet Tropic Air First Air Tropic Ocean Airways Flair Air Ultimate Air Shuttle Frontier Airlines United Airlines Jetblue Airlines Via Airlines Jetlines WestJet JetSuiteX WOW Air Lufthansa Group Confirmed Airports ABE - Lehigh Valley International Airport BIS - Bismarck Municipal Airport ABI - Abilene Regional Airport BKG - Branson Airport ABQ - Albuquerque International Sunport BMI - Central Illinois Regional Airport ACK - Nantucket Memorial Airport BNA - Nashville International Airport ACV - Redwood Region Economic BOI - City of Boise Development BRO - Brownsville South Padre Island ACY - Atlantic City International Airport International Airport ALB - Albany County Airport Authority BTR - Baton Rouge Metro Airport AMA - Rick Husband Amarillo International BUF & IAG - Buffalo Niagara & Niagara Falls Airport Airports ANC - Anchorage International Airport BWI - Baltimore/Washington International ART - Watertown International Airport Airport ASE - Stay Aspen Snowmass CAE - Columbia Metropolitan Airport ATW - Appleton International Airport CAK - Akron-Canton Airport AUS - Austin-Bergstrom International Airport CCR - Contra Costa County Airports AVL - Asheville Regional Airport CHA - Chattanooga Airport
    [Show full text]
  • ALBANY COUNTY AIRPORT AUTHORITY Comprehensive Annual Financial Report
    ALBANY COUNTY AIRPORT AUTHORITY Comprehensive Annual Financial Report For the Years Ended December 31, 2019 and 2018 New York’s Tech Valley Airport A component unit of the County of Albany, located in the Town of Colonie, New York flyalbany.com Albany County Airport Authority As of December 31, 2019 Authority Board Members Rev. Kenneth J. Doyle Anthony Gorman Chair Vice-Chair Term Expires: December 31, 2019 Term Expires: December 31, 2020 Samuel A. Fresina Lyon M. Greenberg, MD Steven H. Heider Member Treasurer Term Expires: December 31, 2020 Member Term Expires: December 31, 2021 Term Expires: December 31, 2021 Kevin R. Hicks, Sr. Sari O’Connor Member Member Term Expires: December 31, 2020 Term Expires: December 31, 2020 Authority Management Philip F. Calderone, Esq. Michael F. Zonsius, CPA Peter F. Stuto, Esq. ALBANY COUNTY AIRPORT AUTHORITY COMPREHENSIVE ANNUAL FINANCIAL REPORT Years Ended December 31, 2019 and 2018 Prepared by the Finance Department Michael F. Zonsius, CPA Chief Financial Officer Margaret Herrmann Chief Accountant A Component Unit of the County of Albany Town of Colonie, New York www.albanyairport.com CUSIP #012123XXX Additional information relating to the Airport Authority is available at the Airport’s website: www.flyalbany.com If you would like any further information, contact the Chief Financial Officer at (518) 242-2204 or at Albany County Airport Authority, 737 Albany Shaker Rd, Administration Building Room 204, Albany, NY 12211 TABLE OF CONTENTS PAGE(S) I. INTRODUCTORY SECTION Albany County Airport Authority: Members and Principal Officers ................................................ Inside Front Cover Chairman’s Message ................................................................................................... 1 Letter of Transmittal ............................................................................................... 2-11 Organizational Chart ................................................................................................
    [Show full text]