Allocation of State Funds in Alabama Aeronautics Bureau 2014
The allocation of state funds in the Alabama Department of Transportation Aeronautics Bureau for the fiscal year 2014, including distribution details, refunds, total distribution, Airport Development Fund details, and the impact of inadequate state funds on airport improvement projects.
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Presentation Transcript
State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU
Refund Distribution FY 2014 Eastern Aviation $621,997.52 52% Ascent Aviation Group, Inc. AVFUEL Corporation Eastern Aviation Panalpina Inc Perry Brothers Aviation Phillips 66 Company Shell Oil Products US Southwest Airlines Suncoast Resources $50,575.37 $88.84 $621,997.52 $320,921.93 $4,037.51 $10.72 $6,102.43 $195,347.40 $188.95 $1,199,270.67 Panalpina Inc $320,921.93 27% Southwest Airlines $195,347.40 16% AVFUEL Corporation $88.84 0% Perry Brothers Aviation $4,037.51 0% Suncoast Resources $188.95 0% Total Shell Oil Products US $6,102.43 1% Ascent Aviation Group Inc. $50,575.37 4% Phillips 66 Company $10.72 0%
Total Distribution FY 2014 Southwest Airlines $195,347.40 8% Total Distributed to ALDOT $1,264,636.99 52% Shell Oil Products US $6,102.43 0% Phillips 66 Company $10.72 0% Panalpina Inc $320,921.93 13% Perry Brothers Aviation $4,037.51 0% Eastern Aviation $621,997.52 25% Ascent Aviation Group $50,575.37 2% AVFUEL Corporation $88.84 0%
Aeronautics Bureau Airport Development Fund Fiscal Year 2014 Fuel Tax Revenue $2,250,387.00 Logo Fees $1,400,000.00 Airport Development Fund $3,650,387.00 Administration $1,100,000.00 Grants $1,503,865.00 Refunds $1,082,154.00
Result of Inadequate State Funds Airport sponsors planned for an additional $5,076,000 in capital improvement projects that could not be constructed in Fiscal Year 2014 because adequate state matching funds were not available. This represents the total dollar amount of the applications received by the Aeronautics Bureau that could not be constructed because state funding was not available. It includes state funds, FAA funds, and the sponsor s share of federally funded and state 50/50 projects.
