5
State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

Embed Size (px)

Citation preview

Page 1: State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

State Funding Distribution Fiscal Year 2014ALABAMA DEPARTMENT OF TRANSPORTATION

AERONAUTICS BUREAU

Page 2: State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

Refund Distribution FY 2014

Ascent Aviation Group, Inc. $50,575.37

AVFUEL Corporation $88.84

Eastern Aviation $621,997.52

Panalpina Inc $320,921.93

Perry Brothers Aviation $4,037.51

Phillips 66 Company $10.72

Shell Oil Products US $6,102.43

Southwest Airlines $195,347.40

Suncoast Resources $188.95

Total $1,199,270.67As-cent Avia-tion

Group Inc.

50575.374%

AV-FUEL Cor-pora-tion

88.840%

East-ern

Avia-tion621997.5252%

Panalpina Inc

320921.9327%

Perry Broth

ers Avia-tion

4037.510%

Phillips 66

Com-pany10.72

0%

Shell Oil

Products US

6102.431%

Southwest Airlines195347.4

16%

Sun-coast Re-

sources

188.95

0%

Page 3: State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

Total Distribution FY 2014

Ascent Aviation Group50575.37

2%AVFUEL Corporation

88.840%

Eastern Aviation621997.52

25%

Panalpina Inc320921.93

13%

Perry Brothers Aviation4037.51

0%

Phillips 66 Company10.72

0%

Shell Oil Products US6102.43

0%

Southwest Airlines195347.4

8%

Total Distributed to ALDOT1264636.985

51%

Page 4: State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

Aeronautics Bureau Airport Development Fund Fiscal Year 2014

Airport Developme

nt Fund $3,650,387.

00

Logo Fees $1,400,000.00

Grants $1,503,865.00

Refunds $1,082,154.00

Administration $1,100,000.00

Fuel Tax

Revenue

$2,250,387.00

Page 5: State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

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.