Emergency Mtg
The meeting included a budget presentation for the fiscal year 2024-2025. The budget is variable and based on flights. Allegiant is showing some growth in November and December. The forecast for the end of the year 20124 budget is about 23 million, with an expected million dollar additional revenue next year. Expenses are expected to increase at about the same rate. The budget shows about a 14% margin. Capital contributions for the next year are estimated to be almost 9 and a half million, with a net position increase of around 16 million. Total revenues and expenses for the year are projected to be $56 million. The meeting also touched on the increase of parking lot revenue, rental car income, and revenue per enplanement passenger. The economic model of the airport was discussed, including the history of airline partnerships and the airport's financial stability.