Income Statement
Zephyrhills Municipal Airport
October 1, 2005 - June 30, 2006
Financial Statements in U.S. Dollars
Operating Revenue					Current			Budgeted for Year			Remaining Budget $
	Airport Lease				112,330.88			144,295.00			31,964.12
	Tie Down Fees				14,989.10			21,608.00			6,618.90
	Fuel Sales (Gross)				881,336.44			1,090,000.00			208,663.56
	Oil Sales				5,201.44			1,740.00			-3,461.44
	Fuel Flowage Fees				2,520.10			4,799.00			2,278.90
	Shade Hangar Rent				5,740.94			10,200.00			4,459.06
	T-Hangar Rent				141,387.31			221,214.00			79,826.69
	Miscellaneous Income				31,519.65			5,000.00			-26,519.65
	Net Operating Revenue					1,195,025.86			1,498,856.00			303,830.14
Operating Expenses
	Salaries				122,623.95			187,614.00			64,990.05
	Overtime				999.95			2,000.00			1,000.05
	Professional Services				5,686.50			6,000.00			313.50
	Processing Fees				31,242.23			54,000.00			22,757.77
	Advertising				1,979.13			3,000.00			1,020.87
	Property Tax				-54.68			922.00			976.68
	Education, Travel & Dues				1,873.70			8,500.00			6,626.30
	Telephone				4,175.52			6,000.00			1,824.48
	Electric				17,798.02			25,000.00			7,201.98
	Water & Sewer				1,921.98			3,000.00			1,078.02
	Refuse Removal				636.84			1,167.00			530.16
	Repair & Maint.-Bldg.				7,767.85			6,000.00			-1,767.85
	Repair & Maint.-Vehicles				14,106.07			10,000.00			-4,106.07
	Office Supplies