07. AirportAIRPORT FUNDS
FUND #
5160
Airport Operations
$ 32%535
2185
T1F Airport
$ 376,637
4300
FAA Non Primary Entitlement
$ 6005000
4310
FAA Land Acquisition
$ 113309000
4185
Airport TIF Bond - Land Acquisition
$ 250001000
3185
T1F Debt Service (info --totals in Debt category)
$ --
$ 41636,172
198
AIRPORT ENTERPRISE FUND -operations
FUND: 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 AIR; comp abs.
Total Revenue
Total Available
EXPENDITURES
Airport operations & depreciation
Construction/land acquisition
Total Expenses
add back unfunded depreciation
ENDING CASH
10100 Cash: Operating
10120 Cash: Capital Reserve - Capital Improvements
10130 Cash: land sales
Total Cash
note: adding $5,000 per year to capital reserve
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
$78,210
$84,523
$84,523
$62,227
$101,000
$25,000
$25,000
$30,000
$205,300
$193,560
$193,560
$137,322
$293,51.0
$303,083
$303,083
$229,549
$
12,315
$ 12,000
$ 101680
$ 12,000
$
21766
$ 3,000
$ 43260
$ 31500
$
29,414
$ 121000
$ 12,977
$ 12,360
$ 10,000
$ 281623
$ 181000
$
17,014
$ 17,000
$ 16,464
$ 16,464
$
3,000
$ 1000
$ 10,115
$ 10,418
$
-
$ 31000
$ 3,373
$ 3,000
$
41788
$ 5,000
$ 45476
$ 6,500
$
33,334
$ 25,000
$ 16,430
$ 18,000
$
(908)
$
101,723
$ 97,000
$ 107,398
$ 100,242
$
179,933
$181,523
$191,921
$1621469
$95,410 $99,004 $1295694 $192,213
$11,740 $193,560 $56,238 $137,322
$107,150 $292,564 $185,932 $329,535
$90,000
$84,523
$77,519
$625227
$55,256
$25,000
$30,000
$30,000
$35,000
$193,560
$0
$137,322
$0
$303,083
$107,519
$22%549
$909256
199
AIRPORT ENTERPRISE FUND -operations
FUND: 5160-430-430310
Personal Services
Maintenance & Operations
Capital Improvements
Depreciation
EXPENSE SUMMARY
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
$ 28,950 $ 3%009 $
$ 66,460 $ 59,995 $
$ 115740 $ 193,560 $
38,858 $ 42,073
681)984 $ 60,140
781)090 $ 137,322
$ 90,000
$ 107,150 $ 292,564 $ 185,932 $ 32%535
PROGRAM DESCRIPTION
The goal of the Kalispell City Airport (527) 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 09 BUDGET HIGHLIGHTS
Goals:
Goals for the conning 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.
200
AIRPORT ENTERPRISE FUND -operations
FUND: 5160-43 0-43 0310
FY 09 BUDGET HIGHLIGHTS-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 to another site. Several sites have been selected and the information sent to
Hatfield & Dawson, our broadcast engineers for evaluation. We will continue to look for and evaluate possible sites.
2. The estimated cost to relocate the towers is $3801,000 which is 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 towers.
3. The Airport has non -primary entitlements due from the FAA for FY07 and FY08 that total approximately $600,000.
These funds will be released as soon as the KGEZ 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. The AIP Grant for reimbursement of $1420,000 spent on construction costs during Phase I of the Airport
improvement plan. This grant is eligible for reimbursement at 95% of the City's cost.
b. An AIP Grant for reimbursement of $1,1330,000 spent on the purchase of property associated with the Airport
Improvement Plan. This grant is eligible for reimbursable at 95% of the City's costs.
SPECIAL NOTES: FY 08 BUDGET HIGHLIGHTS
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.
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 is needed to determine
the height restrictions on the KGEZ radio towers.
3. A new 19,900 square foot hanger was added to the tax roles at the airport this last year. The hanger
measures 180' by 75' and is owned by a Missoula businessman.
4. The Airport Emergency Plan for Crash Rescue is near completion and will undergo testing this year by emergency
personnel.
5. The Airport website continues to be a very busy location for aviation enthusiast.
6. The Airport Safety Committee is ready to begin meetings in May 2008.
20
AIRPORT ENTERPRISE FUND -operations
FUND: 5160-4....... ... ..3 0-4303. .... .................. .. .. ..10
PERSONAL SERVICES: fte's
110 Salaries
121 G.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 &. Clerical help
355 Contract Services - Mowing
356 Contract Services - Snow Removal
360 Repair & Maintenance
362 Equipment Maintenance
367 Maintenance by Public Works/Parks
373 School &Travel
380 Signage
390 Equipment Rental
510 Property Insurance
522 Administrative Transfer
528 Data Processing
0 Capital Reserve funded
Total Maintenance & Operations
Capital Improvements:
951 Fuel System upgrade
950 Construction Projects/land acquisition
(includes 5% FAA Grant match)
820 Depreciation (unfunded)
Total Airport
EXPENSE DETAIL
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
0.50
0.50
0.50
0.50
$
24,698
$
321-959
$
32,922
$
32,950
$
-
$
150
$
147
$
3,000
$
2,784
$
3,800
$
3,713
$
3,983
$
1,468
$
2,100
$
21076
$
2,140
$
28,950
$
39,009
$
38,858
$
42,073
$
2,594
$
1,600
$
650
$
500
$
1,352
$
5100
$
3,039
$
3,000
$
210
$
300
$
260
$
300
$
1,580
$
100
$
1,179
$
1,500
$
1,058
$
1,000
$
1,208
$
1,000
$
15,200
$
12,760
$
I2,000
$
131,518
$
10,000
$
3,508
$
4,000
$
3,133
$
4,000
$
4,048
$
200
$
3,972
$
4,000
$
5,704
$
6,000
$
51,973
$
6,000
$
961
$
1,000
$
655
$
1,000
$
5,113
$
1,400
$
680
$
3,000
$
1472
$
200
$
11)584
$
2,000
$
103
$
15200
$
219
$
1,000
$
11-405
$
2,500
$
665
$
2,000
$
6,554
$
7,000
$
5,854
$
6,000
$
1,707
$
4,289
$
4,289
$
7,030
$
1,331
$
1,906
$
1,906
$
2,810
$
1500
$
5,000
$
5,000
$
5,000
$
66,460
$
59,995
$
68,984
$
60,140
$
21,852
$
11,740
$
193,560
$
56,238
$
137,322
$
11,740
$
1931560
$
78,090
$
137,322
$
90,000
$
107,150
$
292,564
$
185,932
$
32%535
202
AIRPORT TAX INCREMENT DISTRICT "B"
FUND: 2185-000-430300/470240/46043 0
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH.
10100 Cash
Total Beginning Cash
REVENUES
335230 State Entitlement
341013 Reals or pymt in lieu-Rosauers
311100 Real Estate Taxes (2006 delinquents only)
383001 Transfer from Debt Service
Total Revenue
Total Available
EXPENDITURES
Capital Improvements
Total Expenditures
ENDING CASH
Cash Carry Over
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
$771,845
$99,177
$991177
$751,211
$7711,845
$9% 177
$99,177
$75,211
$5,153
$55,032
$3,722
$140,000
$5,153
$55,000
$600
$250,000
$5,153
$571)778
$50
$250,000
$5,153
$583000
$0
$300,000
$203,907
$310,753
$312,981
$363,153
$975,752
$40%930
$412,158
$438,364
$876,575
$404,453
$336,947
$3761)637
$876,575
$404,453
$336,947
$376,637
$99,177
$5,477
$75,211
$611,727
203
AIRPORT TAX INCREMENT DISTRICT
FUND: 2185-000-4303 00/470240/460430
EXPENDITURE SUMMARY
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
Personal Services
$55,106
$18,924
$19,786
$35,891
Airport
$37,043
$211)188
$21,090
$219,561
Parks
$551)020
$1051>000
$36,730
$901270
Community Development
$7291,406
$259,341
$259,341
$301915
$876,575
$4045453
$336,947
$376,637
PROGRAM DESCRIPTION
Bonds sold in September 2005 required that all taxes be deposited in the debt service fund. The same will be true of the
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 11 environmental assessments and actual purchases. Each purchase is subject to
reimbursement at 95% from FAA and 5% MDT.
PY 08 BUDGET ACCOMPLISHMENTS
Completed Hilton Redevelopment Project
Completed Park's improvements
FY 09 BUDGET HIGHLIGHTS
Focus of TIF for FY2009 is the development of the Airport. Requesting TIF funds be leveraged through a
Tax Increment Bond for $2,000,000 to allow for acquisition of properties, including Diamond Air, for the expansion
of the City Airport.
A portion of the airport Manager's salary and the Community Development Director's salary are funded here.
204
AIRPORT TAX INCREMENT DISTRICT
FUND: 2185-000-430300/470240/460430
EXPENDITURE DETAIL
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07108
FY08/09
480
470240
Personal Services: FTE's
0.58
0.25
0.25
0.41
110
Salaries
$471,306
$16,038
$161,832
$29,631
153
Health
$4,942
$1,846
$1,880
$4,373
155
Retirement
$2,858
$1,040
$1,074
$1,888
Personal Services Total
$55,106
$18,924
$199786
$35,891
000
430300
Airport
353
Auditing
$1,000
$11000
$1,000
$11000
356
Legal Survey/title search/realtor services
$12,250
$111,830
$10,000
522
Administrative transfer
$36,043
$7,938
$81260
$81)561
840
Redevelopment activity or Advance to 4310 for land acquisition
$2005000
Airport total
$37,043
$211188
$21,090
$219,561
480
470240
Community Development
840
Armory Property Redevelopment (carryover)
$7291X6
$2591)341
$2591)341
$0
354
Community Center
$30,915
Community Development Total
$729,406
$259,341
$2591,341
$30,915
436
460430
Parks
218
Laker's Ball field
$101,000
$10,000
$10,000
950
Relocate restrooms to Kidsport (Match) carryover
$32,000
$62,000
$25,125
$48,875
934
Begg Park walking trail & pavilion
$23,020
$33,000
$1,605
$31,395
Parks Total
$55,020
$105,000
$36,730
$90,270
Total Airport TF
$876,575
$404,453
$336,947
$376,637
205
FAA -NON PRIMARY ENTITLEMENT FUND
FUND: 43 00-43 0-43 03 l 0
PROJECTED REVENUE AND FUND SUMMARY
BUDGET
FYDS/09
BEGINNING CASH
10100 Cash $0
REVENUES
331129 Non Primary Entitlement due for FY05 thru FY08 $600,000
Total Available $600,000
EXPENDITURES
354 Tower Mitigation $600,000
Total Expenses $600,000
ENDING CASK
10100 Cash: Operating
Total Cash $0
PROGRAM DESCRIPTION
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.
BUDGET HIGHLIGHTS
The Tower Mitigation project has already been approved by FAA. The City's 5% match is budgeted
in the Airport Enterprise Fund. The City can apply to the State Aeronautic Board for reimbursement
for half the 5% match.
SEE NARRATIVE - FUND 5160 AIRPORT ENTERPRISE FUND
206
FAA AIRPORT -LAND ACQUISITION
FUND: 4310-430-430310
PROJECTED REVENUE AND FUND SUMMARY
BUDGET
FY08/09
BEGINNING CASH
10100 Cash $0
REVENUES
331129 FAA GRANT REIMBURSEMENT, Land acquisition $1,330,000
Total Available $1,330,000
EXPENDITURES
950 Land Acquisition $11330,000
Total Expenses $1,330,000
ENDING CASH
10100 Cash: Operating
Total Cash $0
BUDGET HIGHLIGHTS
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.
The City will purchase the Fireplace Store in July utilizing a cash Advance
from the Airport TIF district. To be repaid when FAA reimbursement is received.
Cash will be advanced as needed - the payments will be made in Dec. '08 and Dec. 09.
Future possible acquisitions include:
Diamond Air
Seiler Family Trust
R & R Development
Doug Wise Property
Robert Monk property
Louden Property
207
2008 AIRPORT TIF BOND -LAND ACQUISITION
FUND: 4185-000-430300
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10165 Cash, Construction Account
REVENUE
381020 TIF Bond
TOTAL AVAILABLE
EXPENDITURES
430300
354 Bond Issue Costs
950 Land Acquisition
ENDING CASH
Cash, Construction Account
PROGRAM DESCRIPTION
This fund would facilitate tracking the proceeds of a TIF Bond.
15 year bond to finance land acquisitions for the Airport.
See Fund 4130 for list of properties
208
BUDGET
FY08/09
so
$2,000po
$2,000,000
$30,000
$1,970,000
$2,000,000
$0
2005 AIRPORT TIF BOND -Debt Service
FUND: 3185-000-490700
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CAST
10165
Cash, Bond Account
10130
Cash, Bond Reserve
REVENUE
311100
Real Estate Taxes (billed)
311200
Personal Property Taxes (billed)
312000
Penalty & interest
371010
interest Earnings
341013
Hilton Dev. Agreement/or tax bill
Total Revenue
TOTAL AVAILABLE
EXPENDITURES
Expenditures
ENDING CASH
Total Cash Available for
10165
Cash, Bond Account
10130
Cash, Bond Reserve
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
$14,315
$184,875
$49,174
$184,875
$4%098
$184,875
$13,000
$184,875
$321,315
$17,887
$41,637
$13,504
$360,000
$15,000
$4,000
$13,000
$3613,274
$230 59
$29060
$115136
$38000
$20,000
$1,800
$9,000
$260,000
$357,343
$392,000
$397,629
$670,800
$371,658
$441,174
$446,727
$683,800
$322,560
$434,028
$433,727
$6651)150
$233,973
$192,021
$197,875
$203,525
$491,098
$184,875
$7,146
$184,875
$131000
$184,875
$181,650
$184,875
209
2005 AIRPORT TIF BOND -Debt Service
FUND: 3 l 85-000-490700
EXPENDITURE DETAIL/SUMMARY
610 Principal
620 Interest
630 Fiscal agent fees
Total Debt Service
610 Principal (new bond est.)
620 Interest
630 Fiscal agent fees
820 Operating Transfer to TIF
Total Debt Service Fund
ACTUAL
BUDGET
ACTUAL
BUDGET
FY06/07
FY07/08
FY07/08
FY08/09
$105,000
$110,000
$110,000
$1 15,000
$77,260
$73,428
$73,427
$69,350
$300
$600
$300
$400
$182,560
$184,028
$183,727
$184,750
$120,000
$60,000
$400
$1801400
$140,000
$250,000
$250,000
$300,000
$322,560
$434,028
$433,727
$665,150
PROGRAM DESCRIPTION
Current debt is a 15 year bond for $2,000,000 with final payment 71112023; 4.1 1 %--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, 12year bond is suggested which would not extend the life of the district beyond the current bond.
Debt service for FY09 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
210