Аудит аэропорта Clearfield-Jefferson: чистое заключение и рост расходов на персонал

FALLS CREEK — The Clearfield-Jefferson Counties Regional Airport received a clean opinion on its 2025 financial statements, with no findings reported as part of the annual audit. Sarah Sernell of Kotzan CPA & Associates presented the results of the 2025 audit during the most recent meeting of the airport authority. “The important part of the audit, we issued a clean opinion on the financial statement and the PFC (Passenger Facility Charge),” Sernell said. “We had no findings on either.” The airport also was not required to undergo a single audit for 2025 because its federal expenditures did not exceed the $1 million threshold. Sernell said the airport’s combined cash and investments decreased by approximately $339,000 during the year. Other current assets, including accounts receivable, grant receivables and inventory, decreased by about $598,000. The largest portion of that decrease came from grant receivables, which Sernell said is largely related to the timing of project expenses and when the airport receives reimbursement from federal and state governments. Overall, total assets decreased by approximately $934,000. Capital assets increased by $617,000 during the year, while depreciation reduced their value by approximately $644,000. On the liability side, regular accounts payable totaled about $43,000 at the end of 2025, an increase of approximately $22,000 from the previous year. Project payables totaled about $47,000, a decrease of approximately $837,000 from 2024. Sernell said the large decrease in project payables was primarily related to several projects that had significant outstanding payables at the end of 2024, including a painting project and the first phase of the administration building rehabilitation. The airport’s net position decreased by approximately $147,000. Sernell also explained the airport’s reported operating loss for 2025. While the financial statements show an operating loss, she said the figure is affected by the way capital contributions and depreciation are reported. After removing capital contributions and adding back depreciation, Sernell estimated the airport’s operating loss at approximately $80,000 in 2025, compared with an estimated $38,000 operating loss in 2024. “Not too much of a change during the year,” Sernell said, noting that much of the difference was related to changes in payroll costs. Airport revenues remained relatively steady in 2025. Total operating and non-operating revenues, excluding capital contributions, were approximately $1.563 million, an increase of about $36,000 from the previous year. Rental income totaled approximately $255,000, an increase of about $19,000. Fixed-base operator revenues were approximately $976,000, up about $9,000, while landing fees totaled approximately $56,000, an increase of about $10,000. Interest income declined by approximately $10,000, which Sernell attributed in part to the timing of a certificate of deposit maturing and lower interest rates on the airport’s investment account. Advertising revenue increased by about $1,500, while miscellaneous revenue increased by approximately $4,000. Expenses increased during the year, with operating expenses totaling just under $2.3 million compared with just under $2.2 million in 2024. The increase was approximately $115,000, or 5.31%. Sernell said the increase was primarily attributable to personnel costs and depreciation. Personnel costs, including employee wages, taxes and benefits, increased from approximately $420,000 in 2024 to $495,000 in 2025, an increase of $75,000. She said the increase was primarily due to promotions and higher maintenance and line wages, including annual rate increases and increases associated with employees’ time with the airport. Fuel remained the airport’s largest expense category. Fuel costs decreased from approximately $749,000 in 2024 to $734,025 in 2025, a reduction of about $15,000. Depreciation totaled approximately $644,000, an increase of about $37,000 from the previous year. Sernell said the increase in depreciation was tied in part to four projects that were completed and placed into service during 2025. In comparison, only two projects were completed in 2024, and both were completed toward the end of that year, resulting in less depreciation being recorded during 2024. Sernell also reported that the airport had no findings related to financial reporting or the Passenger Facility Charge program. Looking ahead, she said she anticipates the airport will be required to undergo a single audit for 2026 because of the runway project. Sernell concluded by commending airport staff for their work during the audit, including Manager Bob Shaffer and Assistant Manager Kathy Blake.