Item C08 C.8
t, BOARD OF COUNTY COMMISSIONERS
County of Monroe Mayor Sylvia Murphy,District 5
The Florida Keys � � �l'U ��� ��� Mayor Pro Tern Danny Kolhage,District 1
�pw° Michelle Coldiron,District 2
Heather Carruthers,District 3
David Rice,District 4
County Commission Meeting
October 16, 2019
Agenda Item Number: C.8
Agenda Item Summary #6098
BULK ITEM: Yes DEPARTMENT: Airports
TIME APPROXIMATE: STAFF CONTACT: Richard Strickland (305) 809-5200
no
AGENDA ITEM WORDING: Approval of the FY2020 Airline Rates and Charges for the Key
West International Airport effective October 1, 2019. The rates are adjusted as follows: Average
Terminal Rental Rate $60.55 per square feet ($0.10 decrease), Landing Fee Rate $4.08 ($0.46
increase) and Checkpoint Security Charge $1.34 ($0.53 increase). The average Airline Cost per
Enplaned Passenger will be $9.40 ($0.33 decrease from FY2019 mid-year review).
ITEM BACKGROUND: As part of the annual budget process, Newton & Associates, Inc. has
updated the Airport's Rates and Charges. On August 14, 2019, a meeting was conducted with the
Airlines to discuss the FY2020 Rates and charges. Airline representatives present were American,
Delta and United; Silver was invited but did not attend. The airlines have reviewed and accepted the
FY2020 Rates and Charges. A mid-year review and a final year-end reconciliation will be
conducted based upon the rate structure in place with the Airlines. Airline underpayments will be
billed to the air carriers and overpayments will be refunded by the Airport to the air carriers.
PREVIOUS RELEVANT BOCC ACTION: Approval of annual Airline Rates and Charges each
year if changes were made.
CONTRACT/AGREEMENT CHANGES:
new rates & charges
STAFF RECOMMENDATION: Approval.
DOCUMENTATION:
EYW FY 2020 Budget Rates and Charges Final
FINANCIAL IMPACT:
Effective Date: October 1, 2019
Expiration Date: September 30, 2020
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C.8
Total Dollar Value of Contract: n/a
Total Cost to County:
Current Year Portion:
Budgeted:
Source of Funds:
CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing: Yes If yes, amount: Approx. $5,074,500 in FY2020
Grant:
County Match:
Insurance Required: no
Additional Details:
REVIEWED BY:
Richard Strickland Completed 09/27/2019 2:59 PM
Pedro Mercado Completed 09/27/2019 3:39 PM
Budget and Finance Completed 09/27/2019 4:07 PM
Maria Slavik Completed 10/01/2019 6:06 PM
Kathy Peters Completed 10/01/2019 6:07 PM
Board of County Commissioners Pending 10/16/2019 9:00 AM
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C.8.a
Page 1
KEY WEST INTERNATIONAL AIRPORT
FY 2020 BUDGET AIRLINE RATES & CHARGES REVIEW
SUMMARY
Variance
Mid-Year Budget Budget Variance
FY 2019 FY 2020 Over Mid-Year Percent
Total Airport Operating&Maintenance Expense $7,888,201 $8,560,417 $672,216 7.9%
Total Airport Capital Expense 105,598 208,073 102,474 49.2%
Total Airport Operating,Maintenance&Capital Expense $7,993,800 $8,768,490 $774,690 8.8%
Terminal Building: 06
Terminal Requirement $3,655,314 $3,649,525 ($5,789) -0.2% U)
Terminal Productive Square Footage 60,271 60,271 0 0.0%
Terminal Rental Rate Per Square Foot $60.65 $60.55 ($0.10) -0.2%
Five Month Mid-Year Rate $61.57 $0.00 U)
Airline Square Footage-Occupied 33,417 33,417 0
Airline Terminal Rentals $2,026,673 $2,023,464 ($3,210) -0.2%
Airfield:
Net Airfield Requirement Q $1,996,222 $2,351,274 $355,052 17.8%
Total Aircraft Landed Weight 550,785 576,171 25,386 4.6%
Airfield Landing Fee Rate Per 1,000 Pounds 3.62 4.08 $0.46 12.7%
Five Month Mid-Year Rate $3.40 0.00
Passenger Aircraft Landed Weight 544,614 570,000 25,386 4.7%
Passenger Airline Landing Fees $1,971,503 $2,326,091 $354,588 18.0%
Security Reimbursement Direct Bill Charges $364,447 $724,945 $360,498 98.9%
Per Enplaned Passenger $0.81 $1.34 $0.53
Total Estimated Airline Payments $4,362,623 $5,074,500 $711,877 16.3% 0
Enplaned Passengers 448,499 540,000 91,501 20.4%
Total Cost Per Airline Enplaned Passenger $9.73 $9.40 ($0.33) -3.4%
U)
Newton&Associates,Inc. 08/29119 M
EYW FY 2020 Budget R&C
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