Financial Operations Summary
Preliminary Summary of Financial Operations For the Fiscal Year To Date November 30, 2011. The Airport’s fiscal year is May 1 through April 30th.
| Operating Revenues | |
|---|---|
| Long-Term Leases | $1,118,852 |
| T-Hangars and Tie Downs | $244,800 |
| Other Fees | $697,440 |
| Total Operating Revenues | $2,061,092 |
| Operating expenses | |
| Administrative | $943,218 |
| Maintenance | $571,205 |
| Total Operating Expenses | $1,514,423 |
| Operating Income (Loss) | $546,669 |
| Nonoperating Revenues (Expenses) | ($286,615) |
| Transfers Out (Expenses) | ($30,703) |
| Net Income/(Loss) | $229,351 |
The above represents the most recent year-to-date results of financial operations for the current fiscal year. A more detailed break-out of financial detail and other standard reports are available in the Airport's Comprehensive Annual Financial Report (CAFR) available at this website, the Airport offices, or the public libraries serving the City of Prospect Heights and the Village of Wheeling.
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