FY 2013 Operating and Capital Budget - Metro Transit
FY 2013 Operating and Capital Budget - Metro Transit
FY 2013 Operating and Capital Budget - Metro Transit
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Other expense includes the following (in thous<strong>and</strong>s):<br />
Management fees to <strong>Metro</strong> $ 84<br />
Advertising <strong>and</strong> promotion 10<br />
Travel, training, <strong>and</strong> meetings 13<br />
Other 17<br />
$ 124<br />
The <strong>FY</strong> 2012 budget is 11.8% higher than the <strong>FY</strong> 2012 projection. The <strong>FY</strong> 2011<br />
projection reflects reduced advertising costs which are partially restored in the <strong>FY</strong> 2012<br />
budget <strong>and</strong> also increased management fees paid to <strong>Metro</strong> which are based on increase<br />
airport revenues.<br />
Income<br />
Net income before<br />
depreciation will<br />
provide cash flow to<br />
assist in funding<br />
capital improvements.<br />
The net income before<br />
depreciation of<br />
$301,491 budgeted in<br />
<strong>FY</strong> <strong>2013</strong> is<br />
significantly higher<br />
than the $141,670<br />
projected for <strong>FY</strong><br />
2012.<br />
St. Louis Downtown Airport<br />
Revenue & Net Income<br />
1,700<br />
1,500<br />
1,300<br />
1,100<br />
900<br />
700<br />
500<br />
300<br />
100<br />
(100)<br />
(300)<br />
(500)<br />
In thous<strong>and</strong>s<br />
Actual Actual Actual<br />
Projected<br />
<strong>Budget</strong><br />
2009 2010 2011 2012 <strong>2013</strong><br />
<strong>Operating</strong> revenue 1,168 1,381 1,374 1,415 1,688<br />
Income before<br />
depreciation<br />
(291) 215 52 121 301<br />
162
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