BOCA RATON, FL – July 15, 2015 – The Boca Raton Airport Authority’s (BRAA) 2015 Mid-Year Report offers a glance at 2014, an overview of the first half of 2015, and a forecast for the rest of the year.
While the accomplishments were vast and varied, each one works towards the BRAA’s strategic objectives to strengthen community relations, mitigate airport noise impacts, effectively operate in a changing government environment, and enhance financial performance—shaping the Airport into a world class Public Use General Aviation facility that benefits the growing business and regional communities.
Among the highpoints of 2014, the Airport has continued to move closer towards constructing a Customs and Border Protection facility, having completed a Customs Feasibility Analysis, approved a project location, and assembled funding to construct the facility.
The Airport also preserved the Contract Tower Program, secured approximately $2.5 million in state and federal funds, and completed key capital projects such as the Blast Fence, Automated Weather Observation System, and Monument Signs.
The first half of 2015 was busy. Special events at the airport included hosting the Collings Foundation Wings of Freedom Event, the Concours D’ Elegance benefiting the Boys and Girls Club, and the Vital Flight for Kids benefitting special needs children.
New changes for Tenants on the airfield occurred with Atlantic Aviation acquiring Boca Aviation, Premier Aviation constructing a Titled Kilt restaurant and Apex Parks acquiring Boomers and committing to $500,000 in capital improvements.
The Authority places a high priority on the airport’s environmental impact. A Wildlife Hazard Assessment is underway. The Airport hired an independent consulting firm to conduct an environmental sampling and pollution study. In an effort to mitigate noise impacts to the residential communities, the Airport is working with the FAA to establish a Standard Instrument Departure for Noise Abatement.
In regards to operations, the Airport has awarded a new Security Services contract, and has implemented Electronic Airfield Inspection Reporting and a Digital NOTAM Manager for more efficient notification.
For the Airport’s infrastructure improvements, the design process has begun for the Customs and Border Protection Facility, and the Administration Building is expected to be constructed on time and within budget. The contract for the Engineered Materials Arresting System (EMAS) will be awarded in September 2015.
The financial highlights of the report included a 1.1% revenue increase and an 8.2% reduction in expenses for the year 2014. Management will continue to monitor expenses and maximize cost saving opportunities without sacrificing quality of service.
The Authority continues to set policies that will allow the introduction of numerous important capital projects, service enhancements and operational efficiencies.
About the Boca Raton Airport and the Airport Authority:
The Boca Raton Airport is a general aviation transport facility, publicly owned by the State of Florida. The Airport serves the corporate, recreational and flight training needs of the community, averaging over 50,000 operations annually. The Airport is governed by the Boca Raton Airport Authority; a seven-member board.