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Peninsula Airport Commission — board meeting package, August 20, 2026

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JUL 2026 JUL 2026 YTD YTD ANNUAL DESCRIPTION ACTUAL BUDGET ACTUAL BUDGET BUDGET REVENUE Airline Fees 33,026 32,620 101.2% 33,026 32,620 101.2% 393,495 8.4% Fixed Based Operators 51,580 55,731 92.6% 51,580 55,731 92.6% 675,331 7.6% Property Rental 103,193 97,713 105.6% 103,193 97,713 105.6% 1,252,588 8.2% Rental Cars 176,893 160,914 109.9% 176,893 160,914 109.9% 1,784,722 9.9% Parking Lot 53,703 63,716 84.3% 53,703 63,716 84.3% 731,679 7.3% Restaurant Income 23,161 21,421 108.1% 23,161 21,421 108.1% 245,417 9.4% TOTAL REVENUE 441,556 432,115 102.2% 441,556 432,115 102.2% 5,083,233 8.7% EXPENSES Labor and Benefits 357,311 390,421 91.5% 357,311 390,421 91.5% 4,793,131 7.5% Marketing & Advertising 9,745 9,800 99.4% 9,745 9,800 99.4% 42,253 23.1% Office & Administration 292,212 283,611 103.0% 292,212 283,611 103.0% 761,884 38.4% Utilities 51,107 71,615 71.4% 51,107 71,615 71.4% 874,689 5.8% Repairs & Maintenance 61,538 55,868 110.1% 61,538 55,868 110.1% 498,430 12.3% Restaurant Expense 24,259 22,287 108.8% 24,259 22,287 108.8% 270,643 9.0% Bond Debt 55,100 55,100 100.0% 55,100 55,100 100.0% 661,200 8.3% TOTAL OPERATING EXPENDITURES 851,272 888,702 95.8% 851,272 888,702 95.8% 7,902,230 10.8% NET INCOME (409,716) (456,587) 89.7% (409,716) (456,587) 89.7% (2,818,998) 14.5% OTHER ITEMS Sale of Land/Fixed Assets 9,391 - 9,351 - - NET AFTER OTHER (400,325) (456,587) (400,365) (456,587) (2,818,969) Change Change Current mo Prior mo Current YTD PY End YTD End Cash - Unrestricted (509,088) 1,461,357 (509,088) 1,461,357 952,269 Cash - Restricted 34,743 13,792,159 34,743 13,792,159 13,826,902 Accounts Receivable (37,552) 212,991 (37,552) 212,991 175,439 Other Current Assets - 5,956,882 - 5,956,882 5,956,882 Fixed Assets (Net of Depreciation) - 60,841,515 - 60,841,515 60,841,515 TOTAL ASSETS (511,897) 82,264,904 (511,897) 82,264,904 81,753,007 Current Liabilities (13,822) 1,516,016 (13,821) 1,516,016 1,502,195 Long Term Notes Payable - Restricted - - - - - Long Term Notes Payable - Unrestricted - 3,079,395 - 3,079,395 3,079,395 OPEB - 3,897,370 - 3,897,370 3,897,370 TOTAL LIABILITIES (13,822) 8,492,781 (13,821) 8,492,781 8,478,960 Net Capital Beginning - 73,772,123 - 73,772,123 73,772,123 Capital Contributions (97,711) - (97,711) - (97,711) Expense Subsidy (including interest) - - - - - YTD Earnings Current Year (400,364) - (400,365) - (400,365) TOTAL LIABILITIES AND CAPITAL (511,897) 82,264,904 (511,897) 82,264,904 81,753,007 PENINSULA AIRPORT COMMISSION JUL 2026 OPERATING INCOME STATEMENT BALANCE SHEET
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