with the proposed first ranked firm of Hanson Professional Services, Inc. for possible presentation in March.
Vice Chairman Spencer thanked staff for their hard work and expressed the Board's appreciation to today's presenters for taking the time and effort to make the presentations.
The following department reports were accepted:
Mr. Piccolo presented the department reports and pointed out from the Financial Statements that today's audit showed us with $26 Million in reserves, which today is now upward of $30 Million, with revenues tracking at 13.6% above budget. Expenses are approximately 6% higher, due to timing and an unexpected expense for a sewer line problem under the ramp, which had to be dug up and piping relined. Passenger traffic is well ahead of the national average of 43%, with our end of year at 63%. He also welcomed Commissioner Jackson to his first board meeting.
No presentation at this time.
No Old/New Business at this time.
No Public Comments at this time.
No Comments by Commissioners offered.