To: Board of Supervisors
From: Aviation
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Supplemental Budget for Fuel Purchases for Resale in the CA Redwood Coast Humboldt County Airport (ACV) Budget, 3530381, in the Amount of $300,000 (4/5 Vote Required)
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the attached supplemental budget for fiscal year (FY) 2024-25 in the amount of $300,000 for the ACV budget, 3530381. (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 the California Redwood Coast-Humboldt County Airport (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 U.S Coast Guard while they conduct maintenance and repairs on their own Jet A fuel tank. This supplemental budget of $300,000 will allow the department to purchase the additional Jet A fuel required to maintain continuity of services through the remainder of the fiscal year.
SOURCE OF FUNDING:
Aviation Enterprise Fund (3530)
FINANCIAL IMPACT:
Expenditures (3530381 2651)
FY24-25
Additional Appropriation Requested
$300,000
Total Expenditures
$300,000
*Projected amounts are estimates and are subject to change.
Funding Sources (3530381 682400)
FY24-25
Sales-Fuel & Oil
$300,000
Total Funding Sources
$300,000
*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, resulting in an increased revenue of $538,491 as o...
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