HomeMy WebLinkAboutMinutes_AIRAB_05.15.2002
Minutes of the Meeting of
the Airport Advisory Board Subcommittee On Rates And Charges
City of Georgetown, Texas
Monday, May 15, 2002
The Airport Advisory Board Subcommittee On Rates And Charges of the City of Georgetown, Texas, met
on Monday , May 15, 2002.
Members Present:
Don Pfiester, Howard Fomby, Jeff Gilbert, John Bader
Members Absent:
None.
Staff Present:
Travis McLain
Minutes
Regular Meeting
1. Call to order.
Chairman Pfiester called the meeting to order at approximately 7:00 P.M.
2. Discuss Airport Rates and Charges as they relate to the City’s fiscal and Budgetary Policy.
Chairman Pfiester provided the members with a printout of the current airport revenues (copy
attached), and he briefly discussed each revenue item. Land Lease revenues are long term,
contractual obligation that cannot be changed and will not be considered tonight. A legal opinion will
be required before any change to those leases can be considered.
Pfiester: Would like to change the wholesale/retail concept and treat all sales
equally.
Fomby: Current revenue projections are approximately $10,000.00 more than the Finance
Department projections, so only $35,000.00 additional revenue need in Fiscal Year 2003.
Pfiester: Proposed that Commercial Avgas discount to FBO ’s be reduced from 10% to 5% and the
margin for fuel delivered into trucks be increased from $0 .20 per gallon to $0.25 per
gallon. This would generate approximately $42,000 in additional revenues per year, and
bring the Airport Fund into compliance with the City’s Fiscal and Budgetary Policy.
3. Consideration of and possible action to recommend to the Board changes to the Airport rates
and charges as they relate to the City’s Fiscal and Budgetary Policy and an effective date.
Motion by Fomby to recommend to the Airport Advisory Board that, effective 10 -01-02, the
commercial discount be changed to 5% of the posted retail price, and the margin for aviation fuel
delivered into trucks be increased to $0.25 per gallon. Motion seconded by Gilbert. Motion passed 4 -
0.
4. Discuss methods to increase airport revenues necessary to fund the Control Tower
construction, annual maintenance and equipment costs.
Chairman Pfiester provided a printout of a proposal to generate the additional revenues required to
fund the Control Tower (copy attached). These are:
A. T-Hangar and Tiedown rental rate increase of 15%.
B. Maintain a gross margin of $0.60 per gallon at the Self Service Avgas pumps.
C. Continue 5% discount to FBO’s at Self Service Avgas.
D. Increase margin for jet and avgas delivered into trucks to $0.37 per gallon.
E. Increase the Fuel Flowage from $0.10 per gallon to $0.35 per gallon.
5. Consideration of and possible action to recommend to the Airport Advisory Board changes to
Airport rates and charges necessary to fund the Control Tower Project and an effective dat e.
Motion by Fomby to recommend to the Airport Advisory Board that, effective the date the Control
Tower becomes fully operational, establish the following rates and charges:
A. Increase T-Hangar and Tiedown rates by 15%.
B. Maintain a gross margin of $0.60 per gallon at the Self Service Avgas pumps.
C. Continue 5% discount to FBO’s at the Self Service pumps.
D. Increase margins for jet fuel & avgas delivered into trucks to $0.37 per gallon.
E. Increase Fuel Flowage Fee from $0.10 per gallon to $0.35 per ga llon.
Motion seconded by Bader. Motion passed 4-0.
6. Adjourn.
Motion by Fomby and seconded by Bader to adjourn. Motion passed 4-0.
Submitted by:
Travis McLain
Airport Director