09. AirportFUND #
5160
Airport Operations
2185
TIF Airport
4300
FAA Non Primary Entitlement
4310
FAA Land Acquisition
4185 Airport TIF Bond - Land Acquisition
3185 TIF Debt Service (info -totals in Debt category)
292,122
939,340
600,000
2,874,559
2,000,000
$ 6,706,021
240
AIRPORT ENTERPRISE FUND-operatio
r: 5160-430-430310
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash
10120 Cash: Reserve - Capital Improvements
10130 Cash: from land sales
REVENUES
343062
Commercial Fees
343063
Tie down fees
343069
Hangar Leases
343071
Hangar Site Leases
343101
FBO Lease - Red Eagle Aviation
343102
Ground Leases (Hilton)
343200
Utility Rebates
343620
Fuel Tax
371010
Investment Earnings
change in A/R; comp abs.
Total Revenue
Total Available
EXPENDITURES
Airport operations & depreciation
Construction/land acquisition
Total Expenses
add back unfunded depreciation
ENDING CASH
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
$86,656
$78,713
$73,713
$57,785
$25,000
$30,000
$30,000
$35,000
$193,560
$137,322
$137,322
$115,470
$305,216
$246,035
$241,035
$208255
$
10,680
$ 12,000
$ 7,815
$
11,000
$
4260
$ 3,500
$ 3,785
$
4,000
$
12,977
$ 12,360
$ 12,210
$
12,000
$
28,623
$ 18,000
$ 16,902
$
18,600
$
16,464
$ 16,464
$ 16,464
$
16,500
$
10,115
$ 10,418
$ 10,419
$
10,450
$
3,373
$ 3,000
$ -
$
3,000
$
5,466
$ 6,500
$ 4,778
$
6,000
$
14,296
$ 18,000
$ 8,660
$
8,500
$
(524)
$ 1,122
$
105,730
$ 100,242
$ 82,155
$
90,050
$410,946
$346,277
$323,190
$298,305
$213,048
$56,238
$192,213
$137,322
$179,921
$10,926
$176,652
$115,470
$269286
$329,535
$190,847
$292,122
$99,375
$90,000
$75,912
$86,602
10100 Cash: Operating
$73,713
$71,742
$57,785
$57,785
10120 Cash: Reserve -Capital Improvements
$30,000
$35,000
$35,000
$35,000
10130 Cash: land sales
$137,322
$0
$115,470
$0
Total Cash
$241,035
$106,742
$208,255
$92,785
241
AIRPORT ENTERPRISE FUND -operations
FUND: 5160-43 0-43 0310
EXPENSE SUMMARY
Personal Services
Maintenance & Operations
Capital Improvements
Depreciation
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
$
38,334
$ 61,161
$
61,030
$ 42,500
$
69,413
$ 60,140
$
42,979
$ 47,550
$
67,164
$ 137,322
$
10,926
$ 115,470
$ 86,602
$
174,911
$ 258,623
$
114,935
$ 292,122
The goal of the Kalispell City Airport (S27) is to provide the safest possible environment for the conduct of
aviation activities for the residents of the Flathead Valley and those visitors who fly into the valley for both
business and pleasure. The Kalispell City Airport has completed all the necessary environmental and planning
criteria to be listed as a NPIAS (National Plan of Integrated Airport Systems) airport and is therefore eligible
for federal funding through the AIP (Airport Improvement Program). Current eligible funding means that the FAA
will fund, up to 95% of certain eligible projects on the airport. These include projects such as: Runways,
Taxiways, Parking ramps, Snow removal equipment, Security, Lighting, and some hangar construction and some
refueling operations. The City of Kalispell would be responsible for the remaining 5% of all eligible costs.
Also, the Montana Aeronautics Department has a grant and loan program available to help pay up to 50% of the
City's cost on federal grants. Federal and State funds cannot be used for M & O on the airport.
FY 2010 BUDGET OBJECTIVES
Goals:
Goals for the coming year are to promote further hangar development and business development on and near the
airport; continue the planning for the future upgrades of the facility; move forward with option to mitigate
the KGEZ tower situation; and to conduct normal operations and maintenance on the airport.
All hanger leases incur a 3% annual escalation clause.
Redraft the boundaries for the Airport Urban Renewal District.
242
AIRPORT ENTERPRISE FUND -operations
FUND: 5160-430-430310
FY 2010 BUDGET OBJECTIVES-con't.
1. The Airport is ready to move forward with the mitigation of the KGEZ radio towers by relocating the towers
out of the protected airspace or seek a court order requiring the owner to remove the towers from protected airspace.
2. The estimated cost to relocate the towers is $500,000 which is partially eligible for federal relocation assistance.
The cost includes two new towers and the microwave system to transmit the signal from the KGEZ studios on
93 South to the new tower location.
3. The Airport has non -primary entitlements due from the FAA for FY07, FY08 and FY09 of approx. $600,000.
These funds will be released as soon as the tower mitigation is approved by the owner of KGEZ or the courts.
4. The Airport has submitted two grants to the FAA; neither will be funded until the radio towers are mitigated:
a. An AIP Grant for reimbursement of $1,381,804 spent on construction costs during Phase I of the Airport
improvement plan. This grant is eligible for reimbursement at 95% of the City's costs.
b. An AIP Grant for reimbursement of $1,492,755 spent on the purchase of property associated with the Airport
Improvement Plan. This grant is eligible for reimbursement at 95% of the City's costs.
5. KGEZ Radio has filed for Chapter l l Bankruptcy. The City has no verbal or written agreements with the owners of KGEZ.
6. The intends to file a declaratory judgement with the Bankruptcy Court declaring the towers illegal in their current location.
7. An economic impact study was complete on the Kalispell City Airport during calendar year 2008. The study was
funded by MDOT, State Aeronautics and the FAA. The results should be released by May 2009.
SPECIAL NOTES: FY 2009 BUDGET ACCOMPLISHMENTS
1. The FAA -ADO in Helena, Montana requested an "update" of our Airport Layout Plan (ALP) due to the rapid growth
on and around the Airport. It was completed and sent to the FAA for review on March 15, 2008. Corrections were
made in November, 2008, and final FAA approval was granted March 15, 2009. Funding was provided from TIF funds.
2. As part of the update of the ALP, a complete survey was conducted on the airport and the proposed expansion
area in order to determine the exact elevation of the south end of the new runway. This information was used to
determine tower height violations; re: KGEZ towers.
3. The Airport website continues to be a very busy location for aviation enthusiast.
4. The Airport Safety Committee is formed and active.
5. The Airport Emergency Crash Rescue Plan is under review.
243
AIRPORT ENTERPRISE FUND -operations
FUND: 5160-430-430310
PERSONAL SERVICES: fte's
110
Salaries
121
O.T. - seasonal employee
153
Health Insurance
155
Retirement
Total Personal Services
Maintenance & Operations:
210 Office Supplies, printing, postage
218 Non capital equipment
335 Dues and Registration
341 Electricity
345 Telephone/ cell/ internet
353 Contract Service (FAA Reimb.)
354 Contract Services - Labor/mowing
355 Contract Services - Mowing
356 Contract Services - Snow Removal
360 Repair & Maintenance
362 Equipment Maintenance
367 Maintenance jersey barrier
373 School &Travel
380 Signage
390 Equipment Rental
510 Property & Liability Ins.
522 Administrative Transfer
528 Data Processing
0 Capital Reserve funded
Total Maintenance & Operations
Capital Improvements:
951 Red Eagle Aviation
950 Construction Projects/land acquisition
(includes 5% FAA Grant match)
820 Depreciation (unfunded)
Total Airport
EXPENSE DETAIL
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
0.50
0.75
0.75
0.50
$ 32,398
$
50,405
$
52,408
$
33,797
$ 147
$
3,000
$
1,274
$
3,267
$ 3,713
$
4,545
$
4,061
$
3,030
$ 2,076
$
3,211
$
3,287
$
2,406
$ 38,334
$
61,161
$
61,030
$
42,500
$
650
$ 500
$ 549
$
300
$
3,039
$ 3,000
$ 189
$
1,000
$
260
$ 300
$ 156
$
250
$
1,257
$ 1,500
$ 1,372
$
1,500
$
1,208
$ 1,000
$ 991
$
1,000
$
15,200
$ -
$ -
$
-
$
13,518
$ 10,000
$ 4,509
$
7,500
$
3,419
$ 4,000
$ 869
$
2,000
$
3,972
$ 4,000
$ 6,945
$
5,000
$
5,973
$ 6,000
$ 3,967
$
4,000
$
655
$ 1,000
$ 56
$
1,000
$
680
$ 3,000
$ 3,415
$
2,000
$
1,584
$ 2,000
$ 1,045
$
2,000
$
219
$ 1,000
$ 8
$
500
$
730
$ 2,000
$ 1,570
$
1,500
$
5,854
$ 6,000
$ 6,918
$
6,870
$
4,289
$ 7,030
$ 7,610
$
8,130
$
1,906
$ 2,810
$ 2,810
$
3,000
$
5,000
$ 5,000
$ -
$
$
69,413
$ 60,140
$ 42,979
$
47,550
$
10,926
$
10,926
$
56,238
$ 137,322
$
-
$ 115,470
$
67,164
$ 137,322
$
10,926
$ 115,470
$
99,375
$ 70,912
$
75,912
$ 86,602
$
174,911
$ 329,535
$
190,847
$ 292,122
244
1 OWN m 01 IN W r - a M 111 i 1 1
POSITION TITLE
Airport Manager
Vehicle allowance
Subtotal
PAYROLL TAXES
Total line item 110
PERSONNEL SCHEDULE
245
FTE BUDGET
FY09/10
0.50 $29,535
$1,500
0.50 $31,035
$2,762
$33,797
AIRPORT TAX INCREMENT DISTRICT ""
FUND: 2185-000-430300/470240/460430
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash
Total Beginning Cash
REVENUES
335230 State Entitlement
341013 Developer agreement-Rosauers (9th year of 10)
341015 Developer agreement -Hilton (2nd year of 2)
383001 Transfer from Debt Service
Total Revenue
Total Available
EXPENDITURES
Capital Improvements
Total Expenditures
ENDING CASH
Cash Carry Over
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
$99,177
$75,211
$75,211
$300,149
$99,177
$75,211
$75,211
$300,149
$5,153
$57,828
$0
$250,000
$5,153
$58,000
$37,411
$300,000
$5,152
$56,854
$37,411
$300,000
$5,152
$55,000
$35,000
$550,000
$312,981
$400,564
$399,417
$645,152
$412,158
$475,775
$474,628
$945,301
$336,947
$376,638
$174,479
$939,340
$336,947
$376,638
$174,479
$939,340
$75,211 $99,137 $300,149 $5,961
246
AIRPORT TAX INCREMENT DISTRICT
FUND: 2185-000-430300/470240/460430
Personal Services
Airport
Parks
Community Development
EXPENDITURE SUMMARY
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
$19,786
$35,892
$40,623
$57,444
$21,090
$219,561
$66,649
$829,754
$36,730
$90,270
$63,128
$52,142
$259,341
$30,915
$4,079
$0
$336,947
$376,638
$174,479
$939,340
PROGRAM DESCRIPTION
Bonds sold in September 2005 required that all taxes be deposited in the debt service fund. The same will be true of any
additional bonds sold for the redevelopment of the airport. Once debt service obligations are met, funds remaining can be
transferred to this fund for use with other projects.
Airport:
Funds in each category of the Airport section of the budget will be used as seed money for the redevelopment of the airport.
This will include appraisals, Phase I and II environmental assessments and land purchases. Most purchases are subject to
reimbursement at 95% from FAA and 5% MDT.
FY 2010 BUDGET OBJECTIVES
Focus of TIF for FY2010 will be the development of the Airport. Requesting TIF funds be leveraged through a second
Tax Increment Bond for $2,000,000 to allow for acquisition of properties, including Diamond Air, for the expansion
of the City Airport. This will not be done until the radio towers are mitigated
A portion of the Airport Manager's salary and the Community Development Directors salary are funded here.
247
AIRPORT TAX INCREMENT DISTRICT
FUND: 2185-000-430300/470240/460430
EXPENDITURE DETAIL
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
480
470240
Personal Services: FTE's
0.25
0.41
0.41
0.66
(.16 vacant)
110
Salaries
$16,832
$29,631
$33,946
$49,113
153
Health
$1,880
$4,373
$4,508
$5,143
155
Retirement
$1,074
$1,888
$2,169
$3,188
Personal Services Total
$19,786
$35,892
$40,623
$57,444
000
430300
Airport
353
Auditing
$1,000
$1,000
$1,000
$1,200
356
Legal Survey/title search/appraisals/ realator services
$11,830
$10,000
$21,889
$15,000
522
Administrative transfer
$8,260
$8,561
$9267
$13,554
840
Redevelopment activity or Advance to 4310 for land acquisition
$200,000
$34,493
$800,000
Airport total
$21,090
$219,561
$66,649
$829,754
480
470240
Community Development
840
Armory Property Redevelopment (carryover)
$259,341
$0
$0
354
Community Center
$30,915
$4,079
$0
Community Development Total
$259,341
$30,915
$4,079
$0
436
460430
Parks
218
Laker's Ball field improvements
$10,000
$10,000
$10,000
$10,000
950
Relocate restrooms to Kidsport (Match) carryover
$25,125
$48,875
$36,875
$0
934
Begg Park improvements (carryover $15,142)
$1,605
$31,395
$16,253
$42,142
Parks Total
$36,730
$90,270
$63,128
$52,142
Total Airport TIF
$336,947
$376,638
$174,479
$939,340
248
FUND: 2185-000-430300/470240/460430
POSITION TITLE
Airport Manager
Community Development Director
vehicle allowances
Subtotal
PAYROLL TAXES
Total line item 110
PERSONNEL SCHEDULE
249
FTE
BUDGET
FY09/10
0.50
$29,535
0.16
$13,296
$2,268
0.66
$45,099
$4,014
$49,113
FAA -NON PRIMARY ENTITLEMENT FUND
FUND: 4300-430-430310
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash
REVENUES
331129 Non Primary Entitlement due for FY06 thru FY09
Total Available
EXPENDITURES
354 Tower Mitigation or Capital Improvements
Total Expenses
ENDING CASH
10100 Cash: Operating
Total Cash
BUDGET
ACTUAL
BUDGET
FY08/09
FY08/09
FY09/10
PROGRAM DESCRIPTION
$600,000 $0 $600,000
$600,000 $0 $600,000
$600,000 $0 $600,000
$600,000 $0 $600,000
Kalispell City Airport will be authorized up to $150,000 per year in Non -primary Entitlement
Funds. These funds are limited to FAA approval projects only. The City will be obligated to pay
their 5% share of each project. The projects are submitted annually for FAA approval.
SEE NARRATIVE - FUND 5160 AIRPORT ENTERPRISE FUND
250
c ♦ AIRPORT -LAND/CAPITAL ACQUISITION
4310-430-430310
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash
REVENUES
331128 FAA GRANT REIMBURSEMENT, N end surfacing (Phase 1)
331129 FAA GRANT REIMBURSEMENT, Land acquisition
Total Available
EXPENDITURES
940 Capital Improvements
950 Land Acquisition
Total Expenses
ENDING CASH
10100 Cash: Operating
Total Cash
BUDGET
ACTUAL
BUDGET
FY08/09
FY08/09
FY09/10
BUDGET HIGHLIGHTS
$0 $0 $0
$1,381,804
$1,330,000 $0 $1,492,755
$1,330,000 $2,874,559
$1,381,804
$1,330,000 $0 $1,492,755
$1,330,000 $0 $2,874,559
This grant application has been submitted (FY06) to the FAA.
Reimbursement for land acquisitions is expected once the tower mitigation is completed
The City's 5% match has already been paid. Future land acquisitions will come before the City
Council for approval.
Future possible acquisitions include:
Diamond Air
Seiler Family Trust
R & R Development
Doug Wise Property
Robert Monk property
Louden Property
Stack Property
Miller Property
Barrett Property
Schlegel Property
$0 $0 $0
$0 $0 $0
251
2010 Al"ORT TIF BOND -LAND
111 i 11
PROJECTED REVENUE AND FUND SUMMARY
BUDGET
ACTUAL
BUDGET
FY08/09
FY08/09
FY09/10
BEGINNING CASH
10165 Cash, Construction Account
$0
$0
$0
REVENUE
381020 TIF Bond
$2,000,000
$0
$2,000,000
TOTAL AVAILABLE
$2,000,000
$0
$2,000,000
EXPENDITURES
430300
354 Bond Issue Costs
$30,000
$0
$30,000
950 Land Acquisition
$1,970,000
$0
$1,970,000
$2,000,000
$0
$2,000,000
ENDING CASH
Cash, Construction Account
$0
$0
$0
PROGRAM DESCRIPTION
This fund would facilitate tracking the proceeds of a TIF Bond FOR Airport impruovements or land putchases.
The life of this bond will coincide with the current Airport TIF bond that sunsets in 2021.
See Fund 4130 for list of properties
252
2005 AIRPORT TIF BOND -Debt Service
FUND: 318 5-000-490700
PROJECTED REVENUE AND FUND SUMMARY
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
BEGINNING CASH
10165 Cash, Bond Account
$49,098
$13,000
$13,000
$112,010
10130 Cash, Bond Reserve
$184,875
$184,875
$184,875
$184,875
REVENUE
311100 Real Estate Taxes (billed)
$361,274
$611,700
$524,200
$560,000
311200 Pers. Property Taxes (budget billed; actual collea
$23,159
$57,300
$56,473
$60,000
312000 Penalty & Interest
$2,060
$1,800
$2,940
$3,500
371010 Interest Earnings
$11,136
$0
$0
$0
Total Revenue
$397,629
$670,800
$583,613
$623,500
TOTAL AVAILABLE
$446,727
$683,800
$596,613
$735,510
EXPENDITURES
Expenditures
$433,727
$665,150
$484,603
$735,275
ENDING CASH
Total Cash Available for:
$197,875
$203,525
$296,885
$185,110
10165 Cash, Bond Account
$13,000
$18,650
$112,010
$235
10130 Cash, Bond Reserve
$184,875
$184,875
$184,875
$184,875
253
2005 BOND -Debt
000-•000
EXPENDITURE DETAIL/SUMMARY
ACTUAL
BUDGET
ACTUAL
BUDGET
FY07/08
FY08/09
FY08/09
FY09/10
610 Principal
$110,000
$115,000
$115,000
$120,000
620 Interest
$73,427
$69,350
$69,303
$64,875
630 Fiscal agent fees
$300
$400
$300
$400
Total Debt Service
$183,727
$184,750
$184,603
$185,275
Operating Transfer to TIF / new bond debt service
$250,000
$480,400
$300,000
$550,000
Total Debt Service Fund
$433,727
$665,150
$484,603
$735,275
PROGRAM DESCRIPTION
Current debt is a 15 year bond for $2,000,000 with final payment 7/1/2023; 4.11%-3.87%
Additional Debt service coverage can be met by the growth in the district to facilitate a bond issue for the acquisition of property.
$2,000,000, 10 year bond is suggested which would not extend the life of the district beyond the current bond.
Debt service for FYI 0 would be a partial year depending on when bonds were issued.
Revenue in excess of the debt service is transferred to the Airport Tax Increment District
254