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HomeMy WebLinkAbout _ 4.2(a)--Budget Resolution Appropriating Funds for the Passenger Facility Charges Program CITY OF REDDING REPORT TO THE CITY COUNCIL Recommendation Adopt Resolution adopting and approving the 79th Amendment to City Budget Resolution No. 2021-078 appropriating $28,910 for professional services and consulting related to administration of the Passenger Facility Charges program at the Redding Regional Airport. Fiscal Impact This action would appropriate $28,908 of Redding Regional Airport (Airport) Passenger Facility Charge (PFC) revenue for PFC program administration. Funding this action would not affect other projects or planned activities. Alternative Action The City Council (Council) may choose not to adopt the budget resolution and provide staff with an alternative direction. If staff does not complete PFC application 7 in a timely manner, federal regulation requires that the Airport cease PFC collection once the existing collection authority is exceeded. If the Council chooses not to appropriate PFC revenue for PFC program administration, the Airport will likely miss the opportunity to collect PFC revenue for the period of time until staff can complete PFC application 7 under existing capacity or until additional funds are budgeted which can be used to assist staff in completing PFC application 7. Lost revenue from stopping PFC collection would be proportionate to $4.50 for each commercial air service passenger at the Airport. MEETING DATE: February 7, 2023 ITEM NO. 4.2(a) FROM: ***APPROVED BY*** sbade@cityofredding.org btippin@cityofredding.org SUBJECT: 4.2(a)--Budget Resolution Appropriating Funds for the Passenger Facility Charges Program Steve Bade, Assistant City Manager Report to Redding City Council February 1, 2023 Re: 4.2(a)--Budget Resolution Appropriating Funds for the Passenger Facility Charges Program Page 2 Background/Analysis As a non-hub, primary service airport, the Airport is eligible for the PFC program. PFCs are charges of up to $4.50 per passenger collected by air carriers and paid by the Federal Av iation Administration (FAA) to eligible airports for certain projects that benefit commercial air service. Airports are required to publish written notice to air carriers and the public of the intended projects and intention to collect PFCs. Airports must carry out a consultation with air carriers during which air carriers have an opportunity to raise objections to intended projects in the PFC program. Thirty days following the consultation with air carriers, airports may apply to the FAA to impose and use PFCs for the projects included in the notice. The Airport has experienced unprecedented growth over the past five years , despite interruptions due to the Covid-19 pandemic, and has even exceeded both the best pre-pandemic year numbers and 100,000 passenger enplanements in calendar year 2022. As a result of increased enplanement, the Airport has collected a higher average of PFC revenue than anticipated that is above and beyond the collection authority of previous applications; this has necessitated two new applications to the FAA program. PFC application 6 was submitted to the FAA on January 12, 2023, following an air carrier consultation which took place in August 2022. The Airport is now in preparation to begin the process of PFC application 7 which will definitively place the airport within its collection authority for both the short- and medium-term. Due to staff capacity limitations, Airport staff intends to utilize the consulting services of Mead & Hunt under AOS 23-01 of agreement C-8976 in order to complete PFC application 7 in a timely manner. The FAA recently clarified to Airport staff that PFC Administration, inclusive of the costs to complete PFC applications, are eligible projects in the PFC program. The Airport is now seeking to appropriate funds from the PFC program to cover professional services and consulting costs that make up the bulk of PFC administration for the Airport in order to minimize the financial burden of administering the PFC program. Staff recommends adopting the budget resolution so that the consultant can be engaged and work can begin on PFC application 7. Completing this application in a timely matter is a critical priority in order to maintain current revenue streams from the PFC program and to maintain compliance with the FAA regarding PFC program regulations. Environmental Review Requests for determination of categorical exemptions to NEPA will be requested with PFC application 7 for administrative projects such as PFC program administration. Council Priority/City Manager Goals • Budget and Financial Management – “Achieve balanced and stable 10-year Financial Plans for all funds.” Attachments ^Resolution RESOLUTION NO. 2023-___ A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 79th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021-078 APPROPRIATING $28,910 IN PASSENGER FACILITY CHARGE FUNDS FOR PROFESSIONAL SERVICES AND CONSULTING RELATED TO THE ADMINISTRATION OF THE PASSENGER FACILITY CHARGE PROGRAM AT REDDING REGIONAL AIRPORT IN FISCAL YEAR 2022-23 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING THAT Budget Resolution No. 2021-078 be and is hereby amended as follows: FUND DIVISION DESCRIPTION INCREASE DECREASE 134 821 Redding Regional Airport $28,910 THAT account titles and numbers requiring adjustments by this Resolution are as follows: USE SOURCE OF FUNDS OF FUNDS Increase (Decrease) Revenue 134-821-6-1170-01 Passenger Facility Charge Revenue 28,910$ Increase Expenditures 134-821-4582-12 PFC App. #7 28,910$ Total 28,910$ 28,910$ THAT the purpose is to appropriate $28,910 in Passenger Facility Charge Funds for professional services and consulting related to the administration of the Passenger Facility Charge Program as Redding Regional Airport for fiscal year 2022-23. I HEREBY CERTIFY that the foregoing resolution was introduced at a regular meeting of the City Council of the City of Redding on the 7th day of February, 2023, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: NOES: COUNCIL MEMBERS: ABSENT: COUNCIL MEMBERS: ABSTAIN: COUNCIL MEMBERS: MICHAEL DACQUISTO, Mayor ATTEST: FORM APPROVAL: PAMELA MIZE, City Clerk BARRY E. DeWALT, City Attorney