I want to welcome Houston Airport System Director Jim Sisniak and Clint Stevens to present the proposed Houston Airport Systems Department budget presentation.

Before you start, I have gone through this.

And I also attend regularly the economic development committee meetings.

So, in the most polite way I can say, you don't have to go through every slide of things that we've just seen at economic development if we want to just focus on the numbers.

Okay.

So I'm going to I'll I'll whiz through the whiz through that.

You're doing great work, but I feel like we've all heard that pretty recently.

Okay.

So next slide, please.

And then next slide, please.

I'll kind of whiz through.

One of the ones key things, just a refresh of what we did with last year's budget.

62 million passengers came through our airport systems.

Next slide, please.

And then, you know, again, the general economic impact of the airport.

It's about 40 billion dollars annually.

Importantly for y'all, it's about 2.4 billion in state and local taxes that we generate and zero dollars from the city of Houston general fund.

Next slide, please.

Again, growth.

So our our key thing ultimately is that as the region continues to grow, the airport continues to grow.

Next slide, please.

Again, but we are making you know significant improvements in customer satisfaction at the airport, so that's a good thing for us as we spend our money wisely.

Next slide, please.

This is a key one though that's a little bit new that we haven't really brought uh I don't think before you all uh before.

Um this year's looking like a record year for us as far as the fact that we've we're gonna you know collectively between the HAS and the airline projects that we're working at the airport, about 1.7 billion dollars is getting poured into the uh local economy uh between what we've doing, we're doing as the airport, and then also the Terminal B project at United, and then United's um flight kitchen and then GSE, and then also the hobby project.

So I'm very very proud of that.

Next slide, please.

Uh again, opening the new facilities, that's a wonderful thing for everybody.

Uh next slide.

And then just again, some pictures of the Terminal B project that's gonna be opening in this fiscal year, uh, the hobby project that's gonna open in this fiscal year.

Next slide, please.

Um, hobby concourse expansion, the big thing that's really gonna change there for the general travel public, besides the um the new gates is gonna be the bag hall.

That's gonna be great.

Next slide, please.

Uh and importantly, because again, Mayor Whitmeyer is very uh um focused on making sure we got a good experience there.

The restrooms continue to get renovated over there, so again, completing a lot of renovations at hobby, and then also Bush just opened a new set on Friday over by American Airlines and continue to do restroom upgrades.

Next slide, please.

Uh, and then airfield improvements.

You know, we've always got to make sure that we've got a safe safe operating environment for for the traveling public.

Next slide.

Uh very proud of the team.

Again, we do we do keep track of some of our accomplishments, but really particularly uh and uh proud of the hobby team.

They were actually named uh hobby was named cleanest airport in North America this year, so very excited for the team over there.

I told them they were essentially national champions.

Um, so they're very excited.

Um next slide, please.

Okay, so now we get to the numbers.

Um just want to talk about revenue for the year.

So again, if we are projecting a revenue increase um for some to about 779 uh million dollars, um and so that's again an increase for us uh over last year.

Next slide, please.

Um that is driven by um the fact that we're gonna receive additional money in landing fees and terminal rents, um, and that's because of the fact that we're opening new facilities and now we can actually charge back the airlines.

Um, also the uh runways um we're anticipating some upgauging aircraft there, so we're gonna get some larger airplanes in there versus the smallers.

Um parking revenue.

We'll see in uh we're anticipating that we're gonna see an increase in parking revenue, um, and that's because of the fact that thank you.

Thank you for helping us fund it.

Uh, but we've increased customer satisfaction uh from our parking operation because of the fact that we've got new systems in there that ease the in and out.

We've solved the traffic issues that used to cause problems at Bush uh from a parking perspective.

Uh and then we're gonna be opening um some uh employee parking.

Um that's gonna be able to free up some space in the terminal core area, so it's gonna give us more net positions uh at the airport.

Uh we are also gonna see uh a modest increase in in automobile concessions rental and then other associated rentals and uh fees that we charge at the airport.