1.0 Passenger Airline Aeronautical Revenue. This section includes all revenue derived from the aeronautical use of the airport by passenger airlines, as opposed to cargo, general aviation, and military, which are summarized in Section 2.0. Aeronautical use is any activity that involves, makes possible, is required for the safety of, or is otherwise directly related to the operation of aircraft. Passenger aeronautical revenues include landing fees, terminal rentals and leases, gate use fees, federal inspection fees, and any other costs associated with the terminal that may be billed to the passenger airline separately, such as terminal area apron charges and aircraft tie down fees. The total of this category when divided by total enplanements yield the industry metric, Airline Cost (or Payments) Per Enplanement Passenger. Enter the annual total receipts for each category listed below.
1.1 Passenger airline landing fees. Enter the fees charged to aircraft owners and operators for the use of runways, landing strips, runway protection zones, and clearways. Fees for parking aircraft should be reported on line 1.3, "Apron charges/tie downs."
1.2 Terminal arrival fees, rents, and utilities. Enter revenue earned from passenger airlines for the use of the terminal facilities and ground space for the purpose of moving passengers and their baggage. This revenue includes charges for lease or rental of terminal buildings as office space, check-in and ticket counters, hold rooms, passenger baggage claim and staging areas; gate turn fees; and any other terminals costs, such as utilities, that may not be included in the lease or rental payment.
1.3 Terminal area apron charges/tiedowns. Enter revenue earned from the parking or tiedowns of passenger aircraft on airport property near the terminals.
1.4 Federal Inspection Fees. Enter revenues paid by airlines for federal inspection fees for international passengers.
1.5 Other passenger aeronautical fees. Using the drop down box, enter other fees passenger airlines paid for aeronautical services or terminal areas that were not otherwise recorded in the above categories, including security fees. Report TSA and FAA reimbursements on line 2.7.
2.0 Non-Passenger Aeronautical Revenue. The purpose of this section is to record other aeronautical revenues not associated with the direct transport of passengers.
2.1 Landing fees from cargo. Enter landing fees paid by cargo airlines.
2.2 Landing fees from GA and military. Enter landing fees paid by general aviation (GA) and military aircraft.
2.3 FBO revenue; contract or sponsor-operated. With the exception of charges reported in other categories, enter the fees charged to Fixed Base Operations (FBOs) for the use of airport facilities and land. FBOs are typically privately owned businesses that provide flight and aircraft support services to aeronautical users of the airport, such as the sale of aircraft fuel, aircraft maintenance, and hangar facilities.
2.4 Cargo and hangar rentals. Enter revenues earned from the use of airport facilities that pertain to cargo operations, aircraft maintenance, and aircraft hangaring. Report on line 4.1 nonaeronautical uses that that pertain to facilities, hangars, or land use.
2.5 Aviation fuel tax retained for airport use. Enter tax collections from the sale of aviation fuel retained for the capital or operating costs of the airport or the local system of airports.
2.6 Fuel sales net profit/loss or fuel flowage fees. Enter the airport owner or operator's net profit or loss from the sale of aviation fuel and the gallonage fee for aviation fuel sold and dispensed on airport properly. Also, include fees the airport charges to aircraft owners, operators, and fuel providers, such as the fuel flowage fees charged to FBOs for fueling aircraft on airport property.
2.7 Security reimbursement from Federal Government. Enter reimbursements from TSA or other federal/state organizations. Security fees/reimbursements from passenger airlines should be included in line 1.5.
2.8 Other non-passenger aeronautical revenue. Using the drop down box, enter revenue from all other non-passenger aeronautical uses.
3.0 Total Aeronautical Revenue. This is the sum of lines 1.6 and 2.9 Passenger Airline Aeronautical Revenue and Non-Passenger Aeronautical Revenue.
4.0 Nonaeronautical Revenue. This section pertains to nonaeronautical revenues from airport operations (revenues not derived from uses described in Sections 1 and 2 above). Enter the total annual receipts for each category listed below.
4.1 Land and non-terminal facility leases and revenues. Enter revenues received for nonaeronautical rentals and leases or the use of airport land, buildings, and property, including manufacturing, warehousing, farming, and other activities.
4.2 Terminal - food and beverage. Enter all concessions fees/revenues to the airport from restaurant, snack bars, coffee shops, and beverage stores located in the terminals. Note: This excludes non-terminal food and beverage fees/revenues.
4.3 Terminal - retail stores and duty free. Enter revenue from retail and duty free operations in the terminals, including: news stands, bookstores, gift shops, clothing stores, banks, currency exchanges, postal facilities, business centers, computer games, gambling machines, pay telephones, specialty stores, and tax-free shops.
4.4 Terminal - services and other. Include revenues for services such as telecommunications, internet access, advertising, barbershops, shoeshine stands, spas, and revenues from other nonaeronautical terminal uses not otherwise listed.
4.5 Rental cars - excludes customer facility charges. Enter revenues from rental car operations within or outside of the terminal, including off airport rental car operations. Do not include amounts paid for customer facility charges or customer transportation charges. Report those amounts on line 4.8.
4.6 Parking and ground transportation. Enter revenues earned from airport parking and ground transportation operations and from parking and ground transportation management contracts, including valet services, revenues from off-airport parking, and fees from ground transportation companies (taxis, limos, and shuttles).
4.7 Hotel. Enter revenues received from hotel operations that are owned by the airport, and/or fees for hotels operated by a third party for the airport under a management contract.
4.8 Other. Using the drop down box, enter the revenue from all other nonaeronautical operating revenues earned from the nonaeronautical use of the airport.
5.0 Total Operating Revenue. This is the sum of 3.0 and 4.9 and should represent total operating revenues per the airport's Statement of Revenues, Expenses, and Net Assets.
6.0 Operating Expenses. Enter the annual operating expense incurred for each applicable category listed below.
6.1 Personnel compensation and benefits. Enter the salaries and wages of personnel directly employed by the airport. Include benefits such as health insurance, life insurance, and employee pensions. If an agency or department of the local government operates the airport, enter only the personnel expenses for employees assigned to the department or agency that operates the airport.
6.2 Communications and utilities. Enter the cost of communication services and utilities used in the course of operating the airport, including telephones, electricity, heating and air conditioning, and water.
6.3 Supplies and materials. Enter the cost of supplies and materials needed to operate the airport. Do not include items already recorded in the other expense categories.
6.4 Contractual Services. Enter the cost of services paid to commercial enterprises and government agencies. Such costs include consulting, legal, accounting, auditing, security, firefighting, engineering, training, lobbying, maintenance, janitorial services, architectural fees, and financial services. Do not include items already recorded in the other expense categories.
6.5 Insurance, claims and settlements. Enter the costs of insurance coverage and/or claims and settlements paid by the airport.
6.6 Other Operating Expenses. Enter the cost of services paid to commercial enterprises and government agencies. Such costs include consulting, legal, accounting, auditing, security, firefighting, law enforcement, engineering, training, lobbying, maintenance, janitorial services, architectural fees, repairs and maintenance, financial services, marketing, advertising, and promotion. Do not include items already recorded in lines 6.1 through 6.5.
6.7 Sub-total of lines 6.1 through 6.6.
6.8 Depreciation. If the airport depreciates its assets, enter the depreciation for the reporting fiscal year.
7.0 Operating Income (Loss). Record the difference between Total Operating Revenues (line 5.0) and Total Operating Expenses (line 6.10).
8.0 Non-Operating Revenue (Expenses) and Capital. This section includes revenues and expenses that are not derived from operations. Enter the total annual receipts for each category listed below. Use the minus sign to denote negative numbers.
8.1 Interest income - restricted and non-restricted. Enter total interest income recognized during the reporting period from all sources, both restricted and non-restricted investments.
8.2 Interest expense. Enter interest expense recognized during the airport’s fiscal year. Enter this amount as a negative number using the minus sign.
8.3 Grant receipts. Enter the amount of AIP, federal, state and local grants received and recorded as revenue during the reporting period.
8.4 Passenger Facility Charges. Enter the Passenger Facility Charges (PFC) received and recorded as revenue during the reporting period.
8.5 Capital contributions. Enter cash and other capital contributions from the airport sponsor and other sources. Do not include items already reported elsewhere on this form. For withdrawal of capital, use a minus sign.
8.6 Special items (loss). Enter extraordinary items that are unusual, infrequent, and not reported elsewhere on this form. For further clarification refer to paragraphs 53-55, Statement No. 34, Government Accounting Standards Board. Indicate losses with minus sign.
8.7 Other. Using the drop down box, enter the other revenues and expenses not otherwise reported. Use minus sign to report expenses.
9.0 Net Assets
9.1 Change in Net Assets. This number is self-calculating. It should be equal to the sum of Operating Income (Loss), line 7.0, plus Total Non-Operating Revenue (Expense), line 8.8.
9.2 Net assets (deficit) at beginning of year. Enter net assets at the beginning of the reporting period. This should agree with the balance entered in the prior year's Form 127, line 9.3.
9.3 Net assets (deficit) at end of year. Enter net assets as of the end of the airport’s fiscal year. This should be line 9.1 plus 9.2.
10.0 Capital Expenditures and Construction in Progress.
10.1 Airfield. Enter airfield capital expenditures, even if the structure did not become operational during the fiscal year.
10.2 Terminal. Enter terminal capital expenditures, even if the facility or improvement did not become operational during the fiscal year.
10.3 Parking. Enter parking facility capital expenditures, even if the facility did not become operational during the fiscal year.
10.4 Roadways, rail, and transit. Enter roadway, rail, and transit capital expenditures, even if the facility or improvement did not become operational during the fiscal year.
10.5 Other. Enter other capital expenditures, even if the facility or improvement did not become operational during the fiscal year.
11.0 Indebtedness at End of Year
11.1 Long Term Bonds (GA, GARB, PFC, etc.). Enter bond indebtedness at the end of the reporting period for GARB/GA/GO & "Double Barrel" PFC and Stand Alone PFC Debt. (GARB - General Airport Revenue Bonds; GA - General Aviation Bonds; GO - General Obligation Bonds). These are typically issued by cities with smaller airports and are also known as Tax Supported Debt). Double Barrel Bonds are bonds issued where both PFCs and airport revenues are available for debt service. PFC Debt refers to debt that is to be repaid exclusively with PFCs. This line should include all long-term airport debt, excluding interim financing and special facility bonds.
11.2 Loans and interim financing. Enter loan indebtedness at the end of the reporting period where the debt is short-term or interim in nature for interim financing or working cash purposes only.
11.3 Special facility bonds. Special facility bonds are typically issued through a property development corporation and are typically being repaid by an airline or tenant for improvements/facilities through special lease payments rather than through the airport’s normal fee structure. This may be airline related or non-airline related. NOTE: THIS EXCLUDES OFF BALANCE SHEET DEBT.
12.0 Externally Restricted Assets
12.1 Externally Restricted Debt reserve. Enter restricted assets (restricted cash, investments, and accounts receivables -- less restricted payables) that are restricted to the repayment of principal and interest or for debt service reserves.
12.2 Other Externally Restricted Assets. Enter restricted assets recorded for purposes other than debt and capital renewal and replacement.
13.0 Unrestricted Cash and Investments. Enter unrestricted cash and cash equivalents, and unrestricted short-term investments from the current asset section, and unrestricted long-term investments from the non-current assets section of the Statement of Net Assets. If the Statement of Net Assets information is not available, leave blank.
14.0 Reporting Year Proceeds.
14.1 Bond proceeds. Enter proceeds from the sale of bonds during the reporting period.
14.2 Proceeds from sale of property. Enter the proceeds from the sale of property. The net gain or loss from the sale should also be reported on line 8.7.
15.0 Debt Service.
15.1 Debt service, excluding coverage. Enter the amount of principle and interest paid during the airport’s fiscal year for long-term bonds and indebtedness from line 11.1. Exclude principal and interest on short-term interim financing (line 11.2) and special facility bonds (line 11.3).
15.2 Debt service, net of PFCs and Offsets. Enter the amount from 15.1, less PFCs used to pay debt service.
16.0 Operating Statistics (*optional for airports having fewer than 25,000 enplanements in the preceding calendar year). The purpose of this section is to identify some of the key airport operating statistics for the reporting period.
16.1 Enplanements. Enter the total number of enplanements for the airport’s fiscal year. Use airport fiscal year for reporting all items in Section 16. (This line is optional for airports having fewer than 25,000 enplanements in the preceding calendar year.)
16.2 Landed weights in pounds. Enter the total amount of landed weights for the reporting period on this line. (This line is optional for airports having fewer than 25,000 enplanements in the preceding calendar year.)
16.3 Signatory landing fee rate per 1,000 lbs. Enter the final average signatory landing fee rate charged by the airport for the reporting period. Note: This should be net of settlement if any is included in the charge. (This line is optional for airports having fewer than 25,000 enplanements in the preceding calendar year.)
16.4 Annual aircraft operations. Enter the total annual aircraft operations (passenger and non-passenger airlines) for the reporting period. (This line is optional for airports having fewer than 25,000 enplanements in the preceding calendar year.)
16.5 Passenger Airline Cost per Enplanement. Calculate and enter the airline cost per enplanement. This ratio is calculated as total passenger aeronautical revenues (line 1.6) divided by total enplanements (line 16.1). (This line is optional for airports having fewer than 25,000 enplanements in the preceding calendar year.)
16.6 Full Time Equivalent Employees at End of Year. Enter full time equivalent employees at the end of the airport’s fiscal year. (This line is optional for airports having fewer than 25,000 enplanements in the preceding calendar year.)
16.7 Security and law enforcement costs. Enter the cost of providing the airport with security and law enforcement services. Include direct and indirect costs, including costs incurred for airport employees, sponsor employees, and contract services. We recognize these costs are already included in Section 6, Operating Expenses. This is a separate compilation.
16.8 ARFF costs. Enter the cost of providing the airport with Aircraft Rescue and Fire Fighting (ARFF) services. Include direct and indirect costs, including costs incurred for airport employees, sponsor employees, and contract services. We recognize this cost is already included in Section 6, Operating Expenses. This is a separate compilation.
16.9 Repairs and maintenance. Enter the cost of repairs and maintenance of airport facilities and equipment. We recognize these costs are already included in Section 6, Operating Expenses. This is a separate compilation.
16.10 Marketing/Advertising/Incentives. Enter the cost of airport marketing, advertising and incentives paid to, or on behalf of, air carriers. We recognize these costs are already included in Section 6, Operating Expenses. This is a separate compilation.