Page 384 - 2020-21 Budget Summary
P. 384
DEPARTMENT OF AIRPORTS
The Department, under its Board of Commissioners, is responsible for the management, supervision and control of all airports and
airport facilities under the jurisdiction of the City of Los Angeles. It plans, constructs and maintains its own buildings, and controls its
own funds in accordance with the Los Angeles City Charter.
RECEIPTS
Actual Adopted Estimated Projected
Revenue Budget Revenue Revenue
2018-19 2019-20 2019-20 2020-21
$ 2,860,553,000 $ 3,983,458,000 $ 3,857,701,000 Available from Prior Period (1)...................................... $ 2,924,956,000
1,537,949,000 1,628,594,000 1,376,634,000 Operating Revenue....................................................... 1,293,625,000
71,007,665 53,954,000 73,141,000 Non-Op Inc & Accting Adj for Cash .............................. 73,141,000
1,918,526,000 2,275,229,000 1,202,148,000 Proceeds from debt issuance....................................... 2,101,928,000
80,248,000 93,040,000 63,491,000 CFC Collections............................................................ 57,439,000
173,100,000 178,410,000 121,656,000 PFC Receipts................................................................ 112,848,000
22,408,000 30,226,000 25,982,000 Grants Reimbursements - LAX..................................... 58,108,000
3,919,000 18,000,000 21,057,000 Grants Reimbursements - VNY..................................... 8,174,000
$ 6,667,710,665 $ 8,260,911,000 $ 6,741,810,000 Total Receipts................................................................. $ 6,630,219,000
EXPENDITURES
Actual Adopted Estimated Projected
Expenditures Budget Expenditures Appropriation
2018-19 2019-20 2019-20 2020-21
MAINTENANCE AND OPERATIONS EXPENSE
$ 464,346,000 $ 507,391,000 $ 503,580,000 Total Salaries and Benefits........................................... $ 463,582,000
351,879,000 428,223,000 428,223,000 Total Materials, Supplies and Services......................... 385,403,000
$ 816,225,000 $ 935,614,000 $ 931,803,000 Total Maintenance and Operations Exp (Sch. 2) $ 848,985,000
NONOPERATING AND CAPITAL EXPENDITURES
$ 9,635,000 $ 44,917,000 $ 8,700,000 Equipment and Vehicles............................................... $ 25,530,000
900,000 15,083,000 42,947,000 PFC Funded Capital Expenditures................................ 42,947,000
36,340,800 48,226,000 70,474,000 Grant Funded Capital Expenditures.............................. 14,728,000
1,344,318,865 1,513,881,000 1,286,080,000 Revenue Funded Capital Expenditures........................ 1,404,061,000
(26,110,000) 2,724,000 1,893,000 Oth Non-Op Exp & Adj:Payables/Capitalization............ 1,893,000
628,700,000 2,170,408,000 1,474,957,000 Bond Redemption and Interest..................................... 1,258,422,000
$ 1,993,784,665 $ 3,795,239,000 $ 2,885,051,000 Total Non-operating & Capital Expenditures................... $ 2,747,581,000
RESERVES
$ 219,615,000 $ 233,904,000 $ 233,904,000 Reserve for Maintenance and Operations.................... $ 233,904,000
117,444,000 100,000,000 118,675,000 Reserve for Self-Insurance Trust.................................. 118,675,000
422,972,000 509,546,000 486,463,000 Committed CFC Collections.......................................... 543,902,000
350,359,000 307,142,000 284,352,000 Committed PFC Collections.......................................... 204,963,000
1,952,186,000 1,677,756,000 1,018,370,000 Other Restricted Funds................................................. 1,317,128,000
795,125,000 701,710,000 783,192,000 Revenue Fund Reserve................................................ 615,081,000
$ 3,857,701,000 $ 3,530,058,000 $ 2,924,956,000 Total Reserves................................................................ $ 3,033,653,000
$ 6,667,710,665 $ 8,260,911,000 $ 6,741,810,000 Total Appropriations........................................................ $ 6,630,219,000
1 Available from Prior Period includes the Total Reserves.
Note: Figures vary slightly from Department's Annual Financial Report due to rounding.
351
