Page 90 - BAA CAFR 2017
P. 90

43,829  239  10,014  54,083  (28,909)  25,174  6,930  9,572  16,502  (5,001)  ‐  11,502  1.53  14,377  1.75
                             2017
                                  $                                                                                    $               $                                                                     $                                    $

                                  44,046  110  10,199  54,356  (30,226)  24,130  6,590  9,865  16,455  (5,001)  ‐  11,454  1.47  14,317  1.69
                             2016
                                  $                                                              $               $                                                                     $                                    $

                                  44,054  131  9,967  54,151  (27,486)  26,665  6,295  10,144  16,439  (4,999)  ‐  11,440  1.62  14,299  1.86
                             2015
                                  $                                                                                       $               $                                                                  $                                    $

                                  40,778  162  9,135  50,075  (25,979)  24,095  6,005  10,405  16,410  (5,001)  ‐  11,410  1.47  14,262  1.69
                             2014
                                  $                                                                 $               $                                                                  $               $


                                  37,543  220  7,653  45,416  (23,204)  22,212  5,765  10,651  16,416  (5,003)  ‐  11,413  1.35  14,266  1.56
                             2013
                                  $                                                                     $                $                                                                      $                                      $


                                  36,880  117  5,592  42,589  (21,848)  20,741  5,530  10,883  16,413  (5,004)  ‐  11,409  1.26  14,262  1.45 Debt service requirements is equal to interest expense (excluding amortization of bond discount and amounts provided for payment of interest by bond proceeds and other sources and  deposited into a restricted fund for that purpose) for each respective fiscal year ended June 30, plus principal payment payable on the next July 1. Certain passenge
                             2012
                                  $                                                                 $               $                                                                  $               $

                                  33,506  183  6,047  39,736  (21,662)  18,075  4,635  7,275  11,910  (2,500)  ‐  9,410  1.52  11,763  1.54
                             2011
                                  $                                                                                       $               $                                                                     $                                      $

                                  34,992  232  5,556  40,779  (21,189)  19,591  3,940  2,912  6,852  ‐  ‐  6,852  2.86  8,565  2.29
                             2010
                                  $                                                                                       $               $                                                       $                                      $

                                  34,524  395  5,827  40,746  (22,925)  17,821  3,755  2,605  6,360  ‐  ‐  6,360  2.80  7,949  2.24
                             2009                                                                          revenue is available to cover required debt service.
                                  $                                                                                       $               $                                                       $                                      $                                      Source: Birmingham Airport Authority Records  debt service requirements for such fiscal year


                                  34,568  767  4,556  39,891  (23,805)  16,086  3,640  2,724  6,364  ‐  ‐  6,364  2.53  7,955  2.02
                             2008
                                  $                                                                                                $                $                                                                                                              $                                         $                                         Notes:






                                    Interest on investments ‐ revenue fund Other nonoperating revenues  Less: Operating Expenses Depreciation added  Less PFC revenue available for debt service Less grant revenue available for debt service  Net Required revenue per bond rate covenant







                                Net revenues  Operating revenue  Gross revenues  Net pledged revenue  Debt Service  Principal  Interest  Total debt service  Coverage of debt service  Ratio of required revenue
   85   86   87   88   89   90   91   92   93   94   95