To: Board of Supervisors
From: Aviation
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
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Supplemental Budget for Fuel Purchases for Resale in the CA Redwood Coast Humboldt County Airport (ACV) Budget, 3530-381, in the Amount of $100,000 for Fiscal Year 2024-25 (4/5 Vote Required)
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached supplemental budget for fuel purchases for resale for fiscal year (FY) 2024-25 in the amount of $100,000 for the ACV budget, 3530-381. (4/5 Vote Required)
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STRATEGIC PLAN:
This action supports the following areas of your Board's Strategic Plan.
Area of Focus: Core Services/Other
Strategic Plan Category: 9999 - Core Services/Other
DISCUSSION:
The Department of Aviation provides Jet A fuel for resale at ACV to support both commercial service and general aviation operations. The ability to consistently supply Jet A fuel is essential to sustaining airline service and other critical aviation activities that serve the Humboldt County community.
ACV has experienced a significant increase in Jet A fuel demand, largely due to sales to the United States Coast Guard while they conduct maintenance and repairs on their own Jet A fuel tank. This additional demand for fuel sales was not anticipated in FY 2024-25, therefore, staff request approval of a supplemental budget in the amount of $100,000.
SOURCE OF FUNDING:
Aviation Enterprise Fund (3530)
FINANCIAL IMPACT:
Expenditures (3530-381 2651)
FY24-25
Budgeted Expenses
$1,202,854
Additional Appropriation Requested
$100,000
Total Expenditures
$1,302,854
*Projected amounts are estimates and are subject to change.
Funding Sources (3530-381 682400)
FY24-25
Sales-Fuel & Oil
$1,302,854
Total Funding Sources
$1,302,854
*Projected amounts are estimates and are subject to change.
Narrative Explanation of Financial Impact:
Fuel demand has exceeded department budget estimates for FY 2024-25 in the ACV budget 3530-381, resu...
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