Despite landing fees and parking revenues coming in lower than anticipated, Bob Hope Airport managed to end last fiscal year almost $150,000 ahead of budget projections, buoyed by rentals and film-shoot fees, according to a financial report released this week.
The airfield ended fiscal 2013 with $149,031 more than anticipated in its $46.87-million operating-revenue budget, according to the report released to the Burbank-Glendale-Pasadena Airport Authority on Monday, which is better than it did in fiscal 2012 when it squeaked ahead of projections by only $4,677. The operating budget in fiscal 2012 was roughly $46.1 million.
“Overall, fiscal year 2013 continued to provide challenges as passengers declined approximately 5.6%,” said Kathy David, deputy executive director of finance and administration at the airport.