Revenue and Expenses

Revenue and ExpensesRevenue and Expenses

Goals:Goals:

Achieve Financial Self-Sufficiency Achieve Financial Self-Sufficiency Maximize RevenueMaximize Revenue Control ExpensesControl Expenses

Establish Rates and Fees that represent full Establish Rates and Fees that represent full market valuemarket value

Establish Rates and Fees that are Establish Rates and Fees that are reasonablereasonable

Lessons We Learned the Hard WayLessons We Learned the Hard Way

Review and adjust Rates and Fees on a Review and adjust Rates and Fees on a regular basisregular basis

Perform routine auditsPerform routine audits

Revenue SourcesRevenue Sources

Cellular TowersCellular Towers

FarmingFarming

ParkingParking

Business ParksBusiness Parks

Controlling ExpensesControlling Expenses

Outsource when cost effectiveOutsource when cost effective– SecuritySecurity– ParkingParking– Carpet MaintenanceCarpet Maintenance

Same Rates?Same Rates?

Commercial ServiceCommercial Service ATCTATCT 7000’ ILS Runway7000’ ILS Runway 5000’ Crosswind5000’ Crosswind Two FBO’sTwo FBO’s Two Flight SchoolsTwo Flight Schools ARFF on siteARFF on site

GA RelieverGA Reliever 2400’ Visual Runway2400’ Visual Runway One FBOOne FBO Close to City CenterClose to City Center

Revenue and Expenses

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Transcript of Revenue and Expenses

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Revenue and Expenses. Goals: Achieve Financial Self-Sufficiency Maximize Revenue Control Expenses Establish Rates and Fees that represent full.

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· 03-06-2020 · Revenue Operating expenses Gross Profit General and administrative expenses Advertisement & sales promotion expenses Notes 28 31 32 33 16.04 36

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Accounting for Revenue and Non-Exchange Expenses...Accounting for Revenue and Non-Exchange Expenses Consultation Paper August 2017 Comments due: January 15, 2018 2 This document was