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  Item #   5. B. 5.    
City Council
Meeting Date: 05/13/2019  
Submitted For: Larry Stevens Submitted By: Vicki Martin, City Manager's Office


Approval of budgeted funds for Operating Expenditures for the Guthrie/Edmond Regional Airport (February 2019); $15,816.23 and (March 2019); $9,438.96.


This partnership between the two communities for the joint operation of the Guthrie/Edmond Regional Airport (GEOPORT) in Guthrie is now in its fourteenth year. In June of 2014 the cities of Edmond and Guthrie renewed their agreement for another five years. This agreement provides that the two communities will equally share all operating expenditures. Edmond’s budget for fiscal year (FY) 18-19 provides for $200,000 for operating costs. 

The City of Guthrie has invoiced us for the period of February 1, 2019 thru February 28, 2019 and March 1, 2019 thru March 31, 2019. Our portion of the matching dollars for operating expenses minus revenue is $25,255.18. These dollars go to help pay the daily operations of the airport. All operating costs are divided between the City of Edmond and the City of Guthrie equally. Expenses approved to date will leave a balance of  $115,469.29 of the current $200,000 FY18-19 budget.

Time Frame
Fiscal Year 2019
Approval of budgeted expenditures as per the contract agreed upon by City Council on 6/23/2014.
Staff recommends approval.
Action Needed
Motion to Approve.
Public Notification
City Council Agenda

Fiscal Impact
Funding/Cost: $25,255.18
Budgeted Item Y/N or N/A: Y
001960-8361 Edmond-Guthrie Regional Airport (Contract Services - M&O) February 1, 2019 thru February 28 and March 1, 2019 thru March 31, 2019.
No file(s) attached.

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