About the Budget
The Gainesville-Alachua County Airport Authority (GACRAA) operates on a fiscal year basis of October 1 through September 30. GACRAA was created to operate as a self-sustaining entity, using aircraft landing fees, fees from terminal and other rentals, and revenues from concessions to fund operating expenses. Operating expenses of GACRAA are not taxpaper funded. Construction programs are funded by federal and state grants, Passenger Facility Charges (PFCs), Customer Facilitiy Charges (CFCs) and GACRAA revenues.
GACRAA’s Board annually approves an Operating, Capital Outlay and Capital Projects budget. GACRAA’s Board relies on the advice and recommendation of its Finance, Audit & Operations Committee.
Audit Reports for prior years can be found on the website of the Florida Auditor General; click here.
Current Budget
The FY2023-2024 Budget, October 1, 2023 – September 30, 2024, was adopted by GACRAA on September 28, 2023.
The FY2022-2023 Budget, October 1, 2022 – September 30, 2023, was adopted by GACRAA on September 22, 2022.
Previous Budgets
The FY2021-2022 Budget, October 1, 2021 – September 30, 2022, was adopted by GACRAA on September 30, 2021.
The FY2020-2021 Budget, October 1, 2020 through September 30, 2021, was adopted by GACRAA on September 24, 2020.