FEDERAL AVIATION ADMINISTRATION 

UNITED STATES DEPARTMENT OF TRANSPORTATION 

----------------------------------------------------------------------------------)( 

UNITED AIRLINES, INC., 

Complainant, 

v. 

THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY, 

Respondent. 

-----------------------------------------------·-----------------------------------)( 

MOTION OF RESPONDENT 

Docket No. 

FAA-16-14-13 

THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY 

FOR SUMMARY JUDGMENT DISMISSING THE COMPLAINT 

(VOLUME 2 OF 2) 

Communications with respect to this document should be addressed to:. 

Carlene V. Mcintyre 

Arnold D. Kolikoff 

Faith Tabafunda 

Law Department 

The Port Authority of New York and New Jersey 

225 Park Avenue South, 14th Floor 

New York, N.Y. 10003 

Telephone: (212) 435-3503 

Attorneys for Respondent 

The Port Authority of New York and New Jersey 
FEDERAL AVIATION ADMINISTRATION 

UNITED STATES DEPARTMENT OF TRANSPORTATION 

-------------r--------------------------------------------------------------------2( 

UNITEDAIRLINES, INC., 

Complainant, 

v. 

THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY, 

Respondent. 

----------------------------------------------------------------------------------)( 

DECLARATION OF JOSEPH R. GARCIA 

I, Joseph R. Garcia, declare as follows: 

A. Introduction 

Docket No. 

FAA-16-14-13 

I. I submit this declaration in support of the motion of the Respondent The Port 

Authority ofNew York and New Jersey ("the Port Authority") for summary judgment 

dismissing the Complaint herein. 

2. I am employed by the Port Authority at Newark Liberty International Airport. I 

hold the position of Supervisor, Newark Liberty International Airport Financial Services, and 

have held that position since 2005. My job responsibilities include the following: preparing 

fmancial analyses for proposed projects, lease arrangements, contracts and financing agreements 

at Newark Liberty International Airport ("EWR"); coordinating and assisting the Comptroller's 

Department in developing EWR lease calculations; communicating information to airline 

representatives, tenants and Port Authority staff; supervising preparation of EWR armual 

budgets; and contributing to preparation of long range EWR financial forecasts; coordination of 

monthly EWR financial reviews. 
3. The statements in this declaration are based upon my personal knowledge and 

upon review of information contained in business records of the Port Authority. 

4. The Port Authority was created in 1921 by a Compact between the States ofNew 

York and New Jersey to develop public transportation, terminals and other facilities of 

commerce within the statutorily defmed Port District. Pursuant to the 1921 Compact and 

subsequent bi-State legislation, the Port Authority owns and/or operates thirty-three (33) such 

facilities, including airports, bus depots, marine terminals, interstate bridges and tunnels and, 

through its wholly-owned subsidiary, the Port Authority Trans-Hudson Corporation (PATH), an 

interstate railway. Among these facilities is EWR. 

5. EWR is leased to the Port Authority by the City of Newark, New Jersey. 

6. Airline passengers who depart from or arrive at EWR use one of three passenger 

terminals, designated A, B, and C. Terminals A, B and C are each sub-divided into subterminals which are designated A-1, A-2, A-3, B-1, B-2, B-3, C-1, C-2 and C-3. 

7. Complainant operates scheduled aircraft service out of, occupies space in, EWR 

Terminals A and C pursuant to Leases ANA-!70 (referred to as the Master Lease in the 

Complaint), ANB-056, and AN-535. Complainant also occupies space at Terminal B pursuant to 

Space Permit ANC-184, dated December 1, 2010, and operates scheduled aircraft service into 

Terminal B. t 

t The accompanying Declaration of Frederick Longemecker, dated February 9, 2015 

("Longemecker Dec!."), describes the history of the Complainant's relationship with the Port 

Authority with respect to these documents. The leases and other agreements between 

Complainant and the Port Authority with respect to EWR referred to herein are attached as 

Exhibits to that declaration. 

2 
B. EWR Flight Fee 

8. The flight fee2 charged to Complainant for use ofEWR3 is established by 

Schedule C of Leases ANA-170 and ANB-056.4 

9. This declaration sets forth in detail the calculation of the EWR flight fee, the 

relationship of the flight fee to EWR costs and the method by which EWR financial information 

is provided to EWR airlines, including Complainant. 

10. Most significantly, as set forth at greater length herein, the EWR flight fee is 

determined solely by the level of flight activity at EWR, the amount of the airport used as Public 

Aircraft F acilities·5 and by EWR costs associated with or attributable to the Public Aircraft 

Facilities. These costs include: all investments in, and all operating costs of, the Public Airport 

Facilities; the ratable portion of expenditures of the Port Authority performed for the benefit of 

EWR as a whole, attributable to the Public Aircraft Facilities based on geographical area, 

including investment in non-revenue producing areas, and costs of operation, maintenance and 

administration of non-revenue producing areas by Port Authority staff, including Port Authority 

2 To be distinguished from the flight fee is a separate EWR Monorail Fee. Complainant 

and other airlines agreed to pay this fee beginning in 1995. This fee recovers capital and 

operating costs that the Port Authority incurred and incurs in constructing, maintaining and 

operating the EWR Air Train. 

3 The leases also provide for the payment of rent for use of leased space covered by those 

agreements. 

4 The same Schedule C is in other leases for EWR airport terminal property and in flight 

fee agreements with airlines that do not lease space at EWR. See accompanying Declaration of 

Frederick Longernecker. 

5 The definition of "Public Aircraft Facilities" includes the following areas of EWR: the 

public ramp and apron space, runways, taxiways and aircraft parking and storage space. See 

Paragraph 21, infra. 

3 
police and Port Authority contractors; 6 and the ratable portion of costs associated with the 

construction of certain EWR roadways. 7 

11. There are on-airport and off-airport indirect overhead costs of operating EWR, 

which could have been, but were not, included in the flight fee calculations. 

(a) The on-airport overhead costs in operating EWR which are not included in 

the flight fee, including rental payments made by the Port Authority to the City of Newark 

pursuant the lease for EWR, and on-EWR police, maintenance and operation administrative and 

clerical costs. 

(b) The off-airport indirect overhead costs of operating EWR which are not 

included in the flight fee include: the costs of the Aviation Department's services for all Port 

Authority airports, and the costs of operating the Executive Director's Office, the Secretary's 

Office, Comptroller Department, Law Department, Treasury Department, Human Resources 

Department, and Engineering Department, and all other Port Authority activities of the Port 

Authority located off of EWR that support EWR operations. 

1. EWR Flight Fee Components 

12. The EWR flight fee fonnula as originally set forth in Lease ANA-170 has two 

components: A Public Airport Facilities Charge Factor ("PAF Factor") and an Airport Services 

Charge Factor ("Airport Services Factor"). The two factors are combined and multiplied by an 

individual airline's total maximum take-off weight of aircraft for a year, in thousands of pounds, 

to determine that airline's flight fee for the year. The PAF Factor and Airport Services Factor 

continue to be components ofthe flight fee. 

6 See Paragraph 22, infra. 

7 See Paragraph 13, infra. 

4 
13. An additional factor, known as the Phase lA Charge Factor, was added to the 

flight fee calculation effective in 1995 pursuant to Lease ANA-170 Supplement No. 15, dated 

March 20, 1995, and effective in 1995 pursuant to Lease AN-535 Supplement No. 24 dated April 

18, 1995, 8 and agreed to by other EWR airlines pursuant to similar lease and agreement 

supplements and amendments. 

14. The factor Phase lA Charge Factor recovers costs associated with the 

construction of certain EWR roadways.9 The Phase 1A Charge Factor has minimal impact on 

the flight fee. For example, in 2013, the last year for which the flight fee was calculated with 

actual, rather than projected, data, the PAF Factor was $3.1248 per thousand pounds of 

maximum take-off weight, the Airport Services Factor was $3.6582, and the Phase !A Charge 

Factor was $0.0605. 

15. Airlines who pay flight fees are also given a credit for revenues received from the 

collection of aircraft parking fees. This credit against the P AF Factor is issued to airlines who 

pay flight fees because aircraft parking fees are Port Authority revenue directly related to the 

operation of the Public Aircraft Facilities whose direct costs are reflected in the PAF Factor. 

8 Complainant itself, and not one of its acquired airlines, agreed to payment of this 

component of the flight fee in Lease No. ANA-535, Supplement No. 24, dated April, 18, 1995. 

9 As described in Lease No. ANA-535, Supplement No. 24, dated April, 18, 1995, the 

specific roadway improvements whose costs are recovered by the Phase lA Charge Factor are 

improvements to the roadways at EWR' s principal entrance, construction of inbound and 

outbound ramps connecting the 1-78 connector to Brewster Road, construction of roads 

connecting EWR AirTrain Stations D2 and E to adjacent airport roads, and drop-off/pickup 

facilities at those stations; and expansion of the Central Terminal Area Complex recirculation 

road. 

5 
16. Algebraically, the annual flight fee for each airline per number of thousand 

pounds of maximum take-off weight of that airline for a calendar year is equal to: PAF Factorairport parking fees credit+ Airport Services Factor+ Phase 1A Charge Factor. 

17. The total flight fee charge for any one airline during a calendar year is that year's flight 

fee times the total maximum take-off weight of that airline for the calendar year divided by 1,000. 

18. Set forth below is the flight fee, its components and adjustments for the period 

2003 through 2013. 

Flight Fee Components Adjustments 

Airport Phase Over/Under PFC 

Airport Reported Imputed Flight Year PAF Parking Services lA Weights- Carrying Fee Factor Fees Factor Charge Prior Costs 11 

Credit Factor Years 10 

2013 $3.1248 ($0.1958) $3.6582 $0.0605 (0.0073) $6.6404 

2012 $2.8507 ($0.1954) $3.4856 $0.0599 (0.0026) $6.1982 

2011 $3.2053 ($0.1079) $3.2574 $0.0591 (0.0121) $6.4018 

2010 $2.9705 ($0.0816) $3.3536 $0.0618 (0.0012) $6.3031 

2009 $2.8290 ($0.0900) $3.2873 $0.0606 $6.0869 

2008 $2.3740 ($0.0868) $2.8967 $0.0558 $5.2397 

2007 $2.3408 ($0.0790) $2.6839 $0.0550 (0.0021) $4.9986 

2006 $2.1581 ($0.0791) $2.4977 $0.0557 (0.0063) 0.0119 $4.6380 

2005 $2.3990 ($0.0713) $2.8259 $0.0584 (0.0123) 0.1406 $5.3403 

2004 $2.3221 ($0.0689) $2.6993 $0.0578 0.0931 $5.1034 

2003 $2.4736 ($0.0777) $2.6130 $0.0597 $5.0686 

10 Adjustment made to reflect incorrect reporting of aircraft weights by airlines. 

11 Adjustment made to reflect opportunity costs incurred by the Port Authority in funding 

of Passenger Facility Charge eligible projects whose capital costs were not included in fixed 

charges for flight fee calculation purposes. 

A Passenger Facility Charge ("PFC") is not a fee charged to airlines. A PFC is an FAAapproved fee collected by airlines from each boarded passenger at a commercial airport 

controlled by a public agency. PFCs are remitted to the airport agency to fund FAA-approved 

projects that enhance safety, security, or capacity, that reduce noise, or that increase air carrier 

competition. PFC collection and expenditure is governed by 49 U.S.C. § 40117 and 14 C.F.R. 

Part 158. See http://www.faa.gov/airports/pfc/. 

6 
19. As set forth in Paragraph 18, supra, the flight fee has varied over time. At times, 

the flight fee has increased from year to year, and at other times has decreased from year to year. 

These fluctuations are the result of changes in the EWR costs upon which the flight fee is based, 

in EWR air traffic volume, and in the proportion of EWR occupied by the Public Airport 

Facilities, and the revenue from airport parking fees. 

2. PAF Factor Cost Basis 

20. The P AF Factor is based on the costs of all investment in the EWR Public 

Aircraft Facilities and all operating costs of the EWR Public Airport Facilities. These costs 

include "the Port Authority's snow removal operations and provision, operation, maintenance, 

servicing, repair and replacement of and to the Public Aircraft Facilities and Airport emergency 

services." Ex. M to Longernecker Dec!., Lease No. ANA-170, Schedule C, Part I, § (1 ), at 1. 

"Airport emergency services" include Aircraft Rescue and Firefighting ("ARFF") services for 

the EWR Public Airport Facilities. 

21. "Public Aircraft Facilities" is defmed in Section 51 of Lease No. ANA-170 as 

follows: 

For the purposes of this Agreement, the term "Public Aircraft Facilities" 

shall include such of the following facilities as now exist and shall, from 

time to time be constructed, provided and maintained by the Port 

Authority at the Airport for public and common use including without 

limitation thereto, use by Airline Lessees (including the Lessee) of the 

Central Terminal Area Complex and Aircraft Operators, other than said 

Airline Lessees for the following purposes regardless of whether or not 

they are actually used or usable in whole or in part by the Lessee (except 

that such facilities shall not be deemed to include any area or areas as to 

which the Lessee is granted rights pursuant to Section I or 3 of this 

Agreement): 

(a) Public Ramp and Apron Space- by which is meant space 

for the purpose of loading and uuloading passengers, baggage, mail and 

supplies to or from aircraft, for the purpose of servicing aircraft with fuel 

and lubricants, for the purpose of performing the operations commonly 

known as "ramp service" and for the purpose of performing inspection, 

7 
minor maintenance and other services upon or in connection with aircraft 

incidental to performing "ramp service" and for the purpose of parking of 

mobile equipment actively used in connection with such operations. 

(b) Runways - by which is meant the runways (including aerial 

approaches and buffer zones and additionally anything required for the 

effective and safe operation of aircraft as required by the Federal Aviation 

Administration) at the Airport for the purposes of landing and taking off of 

aircraft; 

(c) Aircraft Parking and Storage Space -by which is meant 

those public areas of the Airport which are designated by the port 

Authority from time to time for use by an Aircraft Operator for the 

parking or storage of an aircraft. 

(d) Taxiways- by which is meant taxiways at the Airport for 

the purpose of the ground movement of aircraft to, from and between the 

runways, the Public Ramp and Apron Space, the Aircraft Parking and 

Storage Space, aircraft maneuvering areas, and other portions of the 

Airport, not including, however, any taxiways or portions thereof that are 

within the Lessee's premises. 

(e) Facilities incidental to the runways, the Public Ramp and 

Apron Space, the Aircraft parking and Storage Space and Taxiways- by 

which is meant facilities and equipment for the monitoring of aircraft 

noise decibels and facilities for the purpose of controlling or assisting 

arrivals, departnres and operations of aircraft using the Airport, such as 

control towers, signals, beacons, wind indicators, floodlights, landing 

lights, boundary lights, construction lights, radio and electronic aids or 

other aids to operations, navigation or ground control of Aircraft whether 

or not of a type herein mentioned and even though located at sites located 

away from the other Public Aircraft Facilities or outside the Airport. 

Ex. M to Longemecker Dec!., Lease No. ANA-170, §51. 

3. Airport Services Factor Cost Basis 

22. The Airport Services Factor is based upon the ratable portion of expenditures of 

the Port Authority performed for the benefit of EWR as a whole, which are attributable to the 

Public Aircraft Facilities based on geographical area, including investment in non-revenue 

producing areas, and costs of operation, maintenance and administration of non-revenue 

producing areas by Port Authority staff, including Port Authority police, and Port Authority 

8 
contractors. 12 Ex. M to Longemecker Dec!., Lease No. ANA-170, Schedule C, Part I, § (2), at 

1. 

4. PAF Factor Calculation 

23. The PAF Factor is calculated as the product of$0.3130 times two ratios: 

(a) First, the ratio of the sum of the Port Authority's fixed charges on 

investment in, and annual direct costs for, maintaining the Public Airport Facilities to the amount 

of that investment and costs in the first year of Lease ANA-170. 

(b) Second, the ratio of the total maximum weight for take-off of all aircraft at 

EWR in the first year of Lease ANA-170 to the total maximum weight for take-off of all aircraft 

at EWR in the current year. 

(c) Algebraically, the P AF factor is expressed as: 0.3130 X ((fixed charges 

on Public Aircraft Facilities investments+ Public Aircraft Facilities maintenance and operation 

costs)+ $4,010,000) X (17,734,000,000 +total scheduled maximum take-off weight for 

calendar year). 

Ex. M to Longemecker Dec!., Lease No. ANA-170, Schedule C, Part II, § (A), at 1-2. 

5. Relationship of PAF Factor To PAF Costs 

24. Complainant alleges in Paragraph 36 of the Complaint that costs included in the 

PAF Factor are "marked up by at least 38%." Complaint at~ 36, n. 16. Complainant does not 

explain or substantiate what it means by this statement. No facts, figures or calculations are 

submitted in support of this bare allegation. 

12 A full statement of the costs included in determining the Airport Services Factor used 

in calculating the flight fee pursuant to Lease ANA-170 is set forth in Part I of Schedule A of 

Lease ANA-170, pursuant to Section 53 and Schedule C of Lease ANA-170. The same 

Schedule A is in other leases for EWR airport terminal property, and in flight fee agreements 

with airlines that do not lease space at EWR. See Longemecker Dec!. 

9 
25. I have calculated the ratio of the difference between revenue from scheduled 

airlines from the P AF Factor less credits issued to those airlines from aircraft parking fees, and 

the costs included in calculating the PAF Factor for the year 2013. In 2013, that ratio was 28.14 

percent. 

6. Airport Services Charge Factor Calculation 

26. The Airport Services Charge Factor is calculated as the product of$0.3370 times 

three ratios. 

(a) First, the ratio of the current ratable portion of the investment in nonrevenue producing areas of the entire airport and costs of maintenance, operation and 

administration of the non-revenue producing areas of EWR to that sum for the first year of the 

lease. 

(b) Second, the ratio of the total scheduled maximum take-off weight of 

aircraft at EWR for the first year of Lease ANA-170 to the total scheduled maximum take-off 

weight of aircraft at EWR for the current year. 

(c) Third, the ratio of the percentage of the total developed land area at EWR 

during the calendar year occupied by the Public Aircraft Facilities during the current year to 

66.47%, which was percentage of the total developed land area at EWR occupied by the Public 

Aircraft Facilities during the first year of the Lease ANA-170. 

27. Algebraically, the Airport Services Charge Factor is expressed as: 0.3370 X (the 

current ratable portion of the investment in non-revenue producing areas of the entire airport and 

costs of maintenance, operation and administration of the non-revenue producing areas ofEWR 

+ 4,625,000) X (17, 734,000,000 +the total scheduled maximum aircraft take-off weight at EWR 

10 
for the current year) X (the percentage of the total developed land area at EWR during the 

calendar year by the Public Aircraft Facilities during the current year+ 66.47%). 

Ex. Mto Longernecker Decl., Lease No. ANA-170, Schedule C, Part II,§ (B), at 2-3. 

C. Relationship of Flight Fee Revenue to EWR Overhead Costs 

28. The flight fee calculations do not include certain on-airport and off-airport 

overhead costs incurred by the Port Authority in operating EWR. 

(a) The on-airport overhead costs in operating EWR which are not included in 

the flight fee, including rental payments made by the Port Authority to the City ofNewark 

pursuant the lease for EWR, and on-EWR police, maintenance and operation administrative and 

clerical costs. 

(b) The off-airport indirect overhead costs of operating EWR which are not 

included in the flight fee include: the costs of the Aviation Department's services for all Port 

Authority airports, and the costs of operating the Executive Director's Office, the Secretary's 

Office, Comptroller Department, Law Department, Treasury Department, Human Resources 

Department, and Engineering Department, and all other Port Authority activities of the Port 

Authority located off of EWR that support EWR operations. 

29. The actual amounts of these overhead costs of operating EWR have no effect on 

the flight fee because the flight fee is based on the operation of the formula agreed to between 

the Port Authority and the signatory airlines, which is based solely on those EWR expenditures 

that are enumerated in the calculation of the components of the flight fee, the portion of the 

airport used as Public Aircraft Facilities, and the level ofEWR flight activity for the year in 

which the flight fee is established, as set forth in the relevant agreements. 

11 
30. Similarly, the flight fee in any one year would be the same irrespective of the 

amount of all Port Authority off-EWR expenditures, whether for -airport overhead costs of 

operating EWR, or for bridges, tunnels, PATH, or any other off-EWR expenditures. 

D. EWR Revenue Other Than The Flight Fee Revenue. 

31. The Port Authority derives revenue at EWR other than from the flight fees 

collected from scheduled airlines and other aircraft using the P AF. Revenue is derived from 

telecommunications fees, food and beverage rentals, retail percentage rentals, advertising fees 

and rentals, hotel rentals, rental car rentals, cargo handling permit fees, public vehicular parking, 

and aviation fuel gallonage fees. 

32. In 2013, flight fees from scheduled aircraft using EWR produced $215,829,770 in 

revenue, but the total EWR revenue was $799,553,000. Thus, scheduled aircraft flight fee 

revenue constituted only 27 percent of total EWR revenue. 

E. EWR Financial Information Provided To Airlines 

33. Pursuant to Sehedule C of ANA-170, 13 the flight fee during a calendar year is 

based on a projection for that year of the costs upon which the PAF Factor and the Airport 

Services Factor are based and a projection of the total maxin:mm take-off weight for EWR for 

that year. As of April 30 of the following year, the actual costs and the actual total maximum 

take-off weight for EWR for the previous year are calculated, and credits or assessments are 

issued to the extent required based upon the actual costs and flight activity. 

34. As part of my responsibilities, I present the estimated and final calculations of 

EWR flight fees to the EWR airlines in writing and in person four times a year: twice in the 

13 The same Schedule C is in other leases for EWR airport terminal property and in flight 

fee agreements with airlines that do not lease space at EWR. See Longernecker Dec!. 

12 
Spring, and twice in the Fall. The first presentation in each Spring and Fall is to the Finance 

Committee of the EWR airlines, and the second presentation, given one month later, is to the 

EWR airline community at large at the semi-annual EWR Airport Affairs Meeting. 

35. In each Fall presentation, detailed information concerning the projections upon 

which the flight fee will be charged in the next calendar year are presented to affected airlines. 

In each Spring presentation, detailed information concerning the actual cost figures and actual 

total maximum take-off weight for EWR upon which the adjustment for the prior year is based is 

shared with affected airlines. 

36. Attached as Exhibits 1 and 2 are copies of the sets of pdf documents shared with 

the EWR airlines in the Spring and Fall of2014. Similar documents have been shared with the 

EWR airlines in Spring and Fall presentations each year since 2011. 

37. Each of Exhibits 1 and 2 is over 45 pages long, and presents detailed financial 

information concerning revenues and costs at EWR. The information presented in these 

docun1ents includes the following: calculations of components of the EWR flight fee; 

calculations of the separate EWR Monorail Fee; and detailed description of cost components of 

the EWR flight fee, and of the separate EWR Monorail Fee. Information regarding Passenger 

Facility Charge revenues and expenditures at EWR and other Port Authority airports is also 

provided. 

38. Upon request, airlines are provided with the Excel spreadsheets which are the 

bases of the pdf documents shared with the EWR airlines in the Spring and Fall, of which 

Exhibits 1 and 2 are examples. Those Excel spreadsheets set forth information and underlying 

calculations in more detail than is set forth in the pdf documents. 

l3 
39. I and other Port Authority staff members respond to questions from airline 

representatives regarding ihe information presented at the Spring and Fall presentations, and, if 

necessary, at other times during the year. 

I declare under the penalty of peljury under the laws of the United States of America that 

that the foregoing is true and correct. 

Executed at Newark, New Jersey, on February 9, 2015. 

Joseph R. Garcia 

14 

Newark Liberty International Airport 

Flight Fee Calculation 

Airport Affairs Meeting, June 10, 2014 

For the Period January 1, 2014 to December 31, 2014 

Public Aircraft Facilities Charge Factor 

Major Elements of Costs: 

(a) FIXed charges on Port Authority Investment in Public Aircraft Facilities. 

(b) Direct labor, materials, payments to contractors and suppliers, costs charged to: 

1) The Emergency Service functions at the Airport (whether performed by the 

Airport Police Section or other section or other Port Authority organizational 

unit or units as may hereafter perform the same or similar functions). 

2) Other costs for the operation, maintenance, repair and replacement of Public 

Aircraft Facilities, and the pro-rata share of the cost of snow and ice removal. 

Airport Services Charge Factor 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in Airport Services. 

Total 

(b) Direct labor, materials, payments to contractors and suppliers and other costs 

for operation, maintenance, repairs and replacements charged directly to 

Airport Services, and the pro-rata share of the cost of snow and ice removal; 

excluding such costs charged to Port Authority non-revenue producing areas. 

(c) Direct labor, materials, payments to contractors and suppliers and other costs 

charged directly to Policing and Traffic functions at the airport. 

(d) Labor charged directly to the Airport Manager's Office. 

Phase 1A Charge Factor 

Major Elements of Costs: 

Total 

$28,635,620 

22,970,590 

54,124 109 

$100,285,380 

$45,039,726 

21,555,961 

33,007,977 

3,091,000 

$102,694,665 

(a) Construction costs including: 1) payments to independent contractors, vendors and suppliers; 

2) premiums or charges for Performance Bonds; 3) insurance premiums or charges; 4) direct 

payroll & expenses of Port Authority employees & agents engaged in performance of the work. 

(b) Engineering Services including: 1) payments to independent consultants & engineering firms; 

2) direct payroll and expenses of Port Authority staff arising in connection with the work. 

(c) Other direct costs. 

(d) 10% liquidated overhead. 

(e) Financial expense. 

Monthly Multiplier = 

Total Phase 1 A Costs 

Less: PFC Funds 

Net Phase 1A Investment 

0.007481 

$87,661,094 

(50,000,000) 

$37,661,094 

Cumulative Phase 1A Cost: $37,661,094 x 0.007481 X 192 months = $54,094,588 

Less: 2013 Cumulative Phase 1A Charge Factor 

Annual Phase 1A Cost 

(50, 713,676) 

$3,380,912 
Newark Liberty International Airport 

Flight Fee Calculation (Continued) 

Airport Affairs Meeting, June 10,2014 

For the Period January 1, 2014to December 31,2014 

Maximum Take-off Weight: 

Total Maximum Weight for Take-off of all aircraft using 

the airport except such aircraft as are not required to 

pay a flight fee such as government flights, etc, 

Acreage: 

Total annualized sum of Revenue Producing Land 

Total Developed Land Area at the airport occupied 

by the Public Aircraft Facilities. 

Percentage 

Public Aircraft Facilities Charge Factor 

$0.3130 X $100,285,380 X 17,734,000,000 

$4,010,000 32,431 '185,314 

Airport Services Charge Factor 

$0.3370 X $102,694 665 X 17,734,000,000 X 

$4,625,000 32,431,185,314 

Phase 1A Charge Factor 

Aircraft Parking Credit 

$3,380,912 X 

1,722.707 

1,016.311 

___ _;:A~ir_;,c.,ra!!!ftc!P~a!',r!O!ki!lng~R~e~ve~n~u~ec__ __ = -.:!$~5,:;,4!:!4::;4,_;;,9::!4~0-

Total All Aircraft Weight 32,431,185 

Over/Under Reported Amounts From Prior Years 

Over/Under Amounts from Prior Years = -~---'0"--c __ 

Total All Aircraft Weight 32,431,185 

Flight Fee 

Public Aircraft Facilities Charge Factor 

Airport Services Charge Factor 

Phase 1A Charge Factor 

Subtotal 

Aircraft Parking Credit 

Over/Under Reported Amounts 

2014 Flight Fee 

$4.2704 

3.6216 

0.0615 

7.9535 

(0, 1679) 

$7,79 

X 

32,431,185,314 lbs. 

1, 722,707 acres 

1,016.311 acres 

58.995% 

= 

__ 5,8"',9"'9'=5"'%£_0 - = 66,47% 

-=-=1,__,_=-_ = 32,431 '185 

= 

= 

$4.2704 

$3.6216 

$0.0615 

($0.1679) 

$0.0000 
Newark Liberty International Airport 

Monorail Fee Calculation 

Airport Affairs Meeting, June 10, 2014 

For the Period January 1, 2014 to December 31, 2014 

Initial Construction Factor 

Monorail Construction Costs: 

(a) Construction costs including: 1) payments to independent contractors, vendors and suppliers; 2) premiums 

or charges for Performance Bonds; 3) insurance premiums or charges; 4) direct payroll & expenses of Port 

Authority employees & agents engaged in performance of the work. 

(b) Engineering Services including: 1) payments to independent consultants & engineering firms; 2) direct 

payroll and expenses of Port Authority staff arising in connection with the work. 

(c) Other direct costs. 

(d) 10% liquidated overhead. 

(e) Financial expense. 

Total Monorail Construction Costs 

Less: PFC Funds 

$390,171,821 

(1 00,000,000) 

Initial Net Capital Investment $290,171,821 

Monorail Commencement Date: May31, 1996 

Cumulative Initial Construction Factor 

Less: Cumulative Initial Construction Factor (1996-2013) 

Annual Initial Construction Factor 

2014 Additional Construction Factors 

Northeast Corridor Extension (Original NEC) 

Additional Monorail/ NEC Investment 

Mid-Life Overhaul 

Annual Additional Construction Factors 

Annual Operating Cost Factor 

(a) Direct labor, materials, insurance, payments to contractors & suppliers, utility 

purchases & other costs for the operation, maintenance, & repair of the system. 

(b) Less: Rental car 

Bus Service 

NEC Farebox Revenue Credit 

Subtotal 

(c) Liquidated overhead 15% 

Annual Operating Cost Factor 

Annual Monorail Cost 

Maximum Passenger Take-off Weight: 

Total Maximum Weight for Take-off of all passenger aircraft 

using the airport. 

2014 Monorail Fee $65,205,614 

29,135,857 

= 

29 135 857 lbs. 

$2.24 

$466,054,247 

(439,548,792) 

$26,505,455 

$10,734,676 

10,110,395 

3,996,881 

$24,841,952 

$28,612,186 

(6,602,080) 

(500,000) 

(9,459,491) 

12,050,616 

1,807,592 

$13,858,208 

$65,205,614 
Newark Liberty International Airport 

Underground Fuel Distribution System 

Gallonage Fee Calculation 

Airport Affairs Meeting, June 10, 2014 

For the Period January 1, 2014 to December 31, 2014 

System Charge Component 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in the Fuel System. 

(b) Direct labor, materials, payments to contractors and suppliers (other than 

the contractors referred to in subdivision (c) below), other costs for operation, 

maintenance, repairs and replacements charged directly to the Fuel System, 

and the pro-rata share of the cost of snow and ice removal. 

(c) 105% of the contract amounts paid or payable to any independent contractor 

who shall have operated the Fuel System. 

Airport Services Charge Factor 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in Airport Services. 

Total 

(b) Direct labor, materials, payments to contractors and suppliers and other costs 

for operation, maintenance, repairs and replacements charged directly to 

Airport Services, and the pro-rata share of the cost of snow and ice removal; 

excluding such costs charged to Port Authority non-revenue producing areas. 

(c) Direct labor, materials, payments to contractors and suppliers and other costs 

charged directly to Policing and Traffic functions at the airport. 

(d) Labor charged directly to the Airport Manager's Office. 

Phase 1A Charge Factor 

Major Elements of Costs: 

Total 

$5,263,709 

336,471 

29,636,417 

$35,236,597 

$45,039,726 

21,555,961 

33,007,977 

3,091,000 

$102,694,665 

(a) Construction costs including: 1) payments to independent contractors, vendors and suppliers; 

2) premiums or charges for Performance Bonds; 3) insurance premiums or charges; 4) direct 

payroll & expenses of Port Authority employees & agents engaged in performance of the work. 

(b) Engineering Services including: 1) payments to independent consultants & engineering firms; 

2) direct payroll and expenses of Port Authority staff arising in connection with the work. 

(c) Other direct costs. 

(d) 10% liquidated overhead. 

(e) Financial expense. 

Monthly Multiplier = 

Total Phase 1 A Costs 

Less: PFC Funds 

Net Phase 1A Investment 

0.007481 

Cumulative Phase 1A Cost: $37,661,094.40 x 0.007481 

Less: 2013 Cumulative Phase 1A Charge Factor 

Annual Phase 1A Cost 

x 192 months = 

$87,661,094 

(50,000,000) 

$37,661,094 

$54,094,588 

(50, 713,676) 

$3,380,912 
Newark Liberty International Airport 

Underground Fuel Distribution System 

Gallonage Fee Calculation (Continued) 

For the Period January 1, 2014 to December 31, 2014 

Volume: 

Actual number of gallons of fuel delivered through 

the Fuel System to all aircraft at the airport. 

Acreage: 

Total annualized sum of Revenue Producing Land 

Total Developed Land Area at the airport occupied 

by the Bulk Storage Area. 

Percentage 

System Charge Component 

$0.01304 X $35,236,597 

Airport Services Charge Factor 

$0.00046 X $1 02,694,665 

$4,625,000 

Phase 1A Charge Factor 

$3,380,912 

1,722.707 

Gallonage Fee 

System Charge Component 

Airport Services Charge Factor 

Phase 1A Charge Factor 

2014 Gallonage Fee 

X 

X 

$3,300,000 

320,000,000 

668,726,469 

33.401 

$0.0666 

0.0058 

0.0001 

$0.0725 

X 

X 

X 

668,726,469 Gallons 

1,722.707 acres 

33.401 acres 

1.939% 

320,000,000 = 

668,726,469 

1.94% = 

1.63% 

1 = 

668,726,469 

$0.0666 

$0.0058 

$0.0001 
Newark Liberty International Airport 

Flight Fee Calculation 

For the Period January 1, 2013 to December 31,2013 

Public Aircraft Facilities Charge Factor 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in Public Aircraft Facilities. 

(b) Direct labor, materials, payments to contractors and suppliers, costs charged to: 

1) The Emergency Service functions at the Airport (whether performed by the 

Airport Police Section or other section or other Port Authority organizational 

unit or units as may hereafter perform the same or similar functions). 

2) Other costs for the operation, maintenance, repair and replacement of Public 

Aircraft Facilities, and the pro-rata share of the cost of snow and ice removal. 

Airport Services Charge Factor 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in Airport Services. 

Total 

(b) Direct labor, materials, payments to contractors and suppliers and other costs 

for operation, maintenance, repairs and replacements charged directly to 

Airport Services, and the pro-rata share of the cost of snow and ice removal; 

excluding such costs charged to Port Authority non-revenue producing areas. 

(c) Direct labor, materials, payments to contractors and suppliers and other costs 

charged directly to Policing and Traffic functions at the airport. 

(d) Labor charged directly to the Airport Manager's Office. 

Phase 1A Charge Factor 

Major Elements of Costs: 

Total 

$28,381,778 

4,254,804 

41,809,579 

$74,446,161 

$45,911 ,608 

18,318,781 

37,948,212 

3,015,136 

$105,193,737 

(a) Construction costs including: 1) payments to independent contractors, vendors and suppliers; 

2) premiums or charges for Performance Bonds; 3) insurance premiums or charges; 4) direct 

payroll & expenses of Port Authority employees & agents engaged in peliormance of the work. 

(b) Engineering Services including: 1) payments to independent consultants & engineering firms; 

2) direct payroll and expenses of Port Authority staff arising in connection with the work. 

(c) other direct costs. 

(d) 10% liquidated overhead. 

(e) Financial expense. 

Monthly Multiplier = 

Total Phase 1 A Costs 

Less: PFC Funds 

Net Phase 1A Investment 

0.007481 

$87,661 ,094 

(50,000,000) 

$37,661 ,094 

Cumulative Phase 1A Cost: $37,661,094 x 0.007481 X 192 months = $54,094,588 

Less: 2012 Cumulative Phase 1A Charge Factor 

Annual Phase 1A Cost 

(50, 713,676) 

$3,380,912 
Newark Liberty International Airport 

Flight Fee Calculation (Continued) 

For the Period January 1, 2013 to December 31, 2013 

Maximum Take-off Weight: 

Total Maximum Weight for Take-off of all aircraft using 

the airport except such aircraft as are not required to 

pay a flight fee such as government flights, etc. 

Acreage: 

Total annualized sum of Revenue Producing Land 

Total Developed Land Area at the airport occupied 

by the Public Aircraft Facilities. 

Percentage 

Public Aircraft Facilities Charge Factor 

$0.3130 X $74,446,161 X 17,734,000,000 

$4,010,000 32,978,578,000 

Airport Services Charge Factor 

$0.3370 X $105,193,737 X 17,734,000,000 X 

$4,625,000 32,978,578,000 

Phase 1A Charge Factor 

Aircraft Parking Credit 

$3,380,912 X 

1,722.707 

1,016.311 

Aircraft Parking Revenue = $6,455,975 ----~~T~o~ta~IA~I~IA~i~rc~ra~ft~W~ei~g~ht~---- --~32?,~97~8~,5~7~8--

Over/Under Reported Amounts From Prior Years 

Over/Under Amounts from Prior Years = --~2';'42~36~2:;;;----

Total All Aircraft Weight 32,978,578 

Flight Fee 

Public Aircraft Facilities Charge Factor 

Airport Services Charge Factor 

Phase 1A Charge Factor 

Subtotal 

Aircraft Parking Credit 

Over/Under Reported Amounts 

2013 Flight Fee 

$3.1248 

3.6582 

0.0605 

6.8435 

(0.1958) 

(0 0073) 

$6.6404 

X 

32.978,578,000 lbs. 

1,722.707 acres 

1,016.311 acres 

58.995% 

= 

58.995% = -----';:6:;:6=:.4::;7;;;-'Ji;=, ---

-----,3"'2""', 9-=7~=-, 5:::7::::8-- = 

= 

= 

$3.1248 

$3.6582 

$0.0605 

($0.1958) 

($0.0073) 
Newark Liberty International Airport 

Monorail Fee Calculation 

For the Period January 1, 2013 to December 31, 2013 

Initial Construction Factor 

Monorail Construction Costs: 

(a) Construction costs including: 1) payments to independent contractors, vendors and suppliers; 2) premiums 

or charges for Performance Bonds; 3) insurance premiums or charges; 4) direct payroll & expenses of Port 

Authority employees & agents engaged in performance of the work. 

(b) Engineering Services including: 1) payments to independent consultants & engineering firms; 2) direct 

payroll and expenses of Port Authority staff arising in connection with the work. 

(c) Other direct costs. 

(d) 10% liquidated overihead. 

(e) Financial expense. 

Total Monorail Construction Costs 

Less: PFC Funds 

$390,171,821 

(100,000,000) 

Initial Net Capital Investment $290,171,821 

Monorail Commencement Date: May31, 1996 

Cumulative Initial Construction Factor 

Less: Cumulative Initial Construction Factor (1996-2012) 

Annual Initial Construction Factor 

2013 Additional Construction Factors 

Northeast Corridor Extension (Original NEC) 

Additional Monorail/ NEC Investment 

Mid-Life Overhaul 

Annual Additional Construction Factors 

Annual Operating Cost Factor 

(a) Direct labor, materials, insurance, payments to contractors & suppliers, utility 

purchases & other costs for the operation, maintenance, & repair of the system. 

(b) Less: Rental car 

Bus Service 

NEC Farebox Revenue Credit 

Subtotal 

(c) Liquidated overhead 15% 

Annual Operating Cost Factor 

Annual Monorail Cost 

Maximum Passenger Take-off Weight: 

Total Maximum Weight for Take-off of all passenger aircraft 

using the airport. 29 487 871 lbs. 

2013 Monorail Fee $59,755,708 = $2.0265 

29,487,871 

$466,054,247 

(439,548,792) 

$26,505,455 

$10,734,676 

7,990,864 

3,795,941 

$22,521,481 

$25,852,883 

(6,564,025) 

(500,000) 

(9,459,491) 

9,329,367 

1,399,405 

$10,728,772 

$59,755,708 
Newark Liberty International Airport 

Underground Fuel Distribution System 

Gallonage Fee Calculation 

For the Period January 1, 2013 to December 31, 2013 

System Charge Component 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in the Fuel System. 

(b) Direct labor, materials, payments to contractors and suppliers (other than 

the contractors referred to in subdivision (c) below), other costs for operation, 

maintenance, repairs and replacements charged directly to the Fuel System, 

and the pro-rata share of the cost of snow and ice removal. 

(c) 105% of the contract amounts paid or payable to any independent contractor 

who shall have operated the Fuel System. 

Airport Services Charge Factor 

Major Elements of Costs: 

(a) Fixed charges on Port Authority Investment in Airport Services. 

Total 

(b) Direct labor, materials, payments to contractors and suppliers and other costs 

for operation, maintenance, repairs and replacements charged directly to 

Airport Services, and the pro-rata share of the cost of snow and ice removal; 

excluding such costs charged to Port Authority non-revenue producing areas. 

(c) Direct labor, materials, payments to contractors and suppliers and other costs 

charged directly to Policing and Traffic functions at the airport. 

(d) Labor charged directly to the Airport Manager's Office. 

Phase 1A Charge Factor 

Major Elements of Costs: 

Total 

$5,388,343 

1,193,771 

29,398,665 

$35,980,779 

$45,911,608 

18,318,781 

37,948,212 

3,015,136 

$105,193,737 

(a) Construction costs including: 1) payments to independent contractors, vendors and suppliers; 

2) premiums or charges for Performance Bonds; 3) insurance premiums or charges; 4) direct 

payroll & expenses of Port Authority employees & agents engaged in performance of the work. 

(b) Engineering Services including: 1) payments to independent consultants & engineering firms; 

2) direct payroll and expenses of Port Authority staff arising in connection with the work. 

(c) Other direct costs. 

(d) 10% liquidated overhead. 

(e) Financial expense. 

Monthly Multiplier = 

Total Phase 1A Costs 

Less: PFC Funds 

Net Phase 1A Investment 

0.007481 

Cumulative Phase 1A Cost: $37,661,094.40 x 0.007481 

Less: 2012 Cumulative Phase 1A Charge Factor 

Annual Phase 1A Cost 

x 192 months = 

$87,661,094 

(50,000,000) 

$37,661,094 

$54,094,588 

(50,713,676) 

$3,380,912 
Newark Liberty International Airport 

Underground Fuel Distribution System 

Gallonage Fee Calculation (Continued) 

For the Period January 1, 2013 to December 31,2013 

Volume: 

Actual number of gallons of fuel delivered through 

the Fuel System to all aircraft at the airport. 

Acreage: 

Total annualized sum of Revenue Producing Land 

Total Developed Land Area at the airport occupied 

by the Bulk Storage Area. 

Percentage 

System Charge Component 

$0.01304 X $35,980,779 

Airport Services Charge Factor 

$0.00046 X $105,193,737 

$4,625,000 

Phase 1A Charge Factor 

$3,380,912 

1,722.707 

Gallonage Fee 

System Charge Component 

Airport Services Charge Factor 

Phase 1A Charge Factor 

2013 Gallonage Fee 

X 

X 

$3,300,000 

320,000,000 

685,153,470 

33.401 

$0.0664 

0.0058 

0.0001 

$0.0723 

X 

X 

X 

685,153,470 Gallons 

1,722.707 acres 

33.401 acres 

1.939% 

320,000,000 = 

685,153,4 70 

1.94% = 

1.63% 

1 = 

685,153,470 

$0.0664 

$0.0058 

$0.0001 
2013 Master Lease Fee True-Up and 2014 Forecast 

Fee Summary 

"

2013 2013 2014 

Final Final Fee Current 

Fees True Up Forecast Fees 

(000) 

-

Flight Fee per 1,000 lb. $ 6.64 $ (1,686) $ 7.79 $ 7.51 

Monorail Fee per 1,000 $ 2.03 $ (3,178) $ 2.24 $ 2.16 

lb. 

Fuel Fee per gallon $ 0.0723 $ (1,430) $ 0.0725 $ 0.0687 

Variable Airport $118,971 $ 1,914 $116,144 $ 118,971 

Services Fee per acre 

CH & RP (millions) $ 15.453 $ 1,289 $ 16.904 $ 15.453 

Police -Boarding Gate $ 1,269 $ (304) $ 1,290 $ 1,437 

Security per tour 

$ (3,395) 

FIS $ 14.85 $ 15.08 $ 15.75 

GTC $ 6.80 $ 6.88 $ 7.20 

lnt'l Arr Fee $ 21.65 $ 21.95 $ 22.95 

Projected Net Revenue $ 252 $ 3,685 

See "Fee and True Up Summary" and individual fee calculation sheets for variance explanations. 

--·· 
The Port Authority of New York & New Jersey 

Terminal B FIS/B-2/B-3 International Facility 

Financial Statement 

Updated: 

2013 Final Final Final 

2012 2013 

Passengers (OOO's) 

Arrivals 2,988 2,984 

Departures 1,473 1,521 

Domestic (Arrivals /De(2artures) 7 2 

Total 4,468 4,507 

Rates 

FIS $ 13.75 $ 14.85 

GTC 6.30 6.80 

FIS (Arrival) 20.05 21.65 

GTC -lnt'l Dept & Domestic (Arr/Dep) 6.30 6.80 

Total Revenue 78.42 79.94 

Total Expenses 42.24 44.85 

Net Operating Revenue 36.18 35.09 

Net Fixed Charges 24.78 25.63 

Citv Rent 9.21 9.13 

Operating and Maintenance Reserve 0.08 

Net Income {Loss) $ 2.20 $ 0.25 

Fee Presentation- 2013 Forecast- Final· AP Affairs.xlsx, FIS P&L Slide for Mtg 

2014E 

3,278 

1,601 

3 

4,882 

$ 15.08 

6.88 

21.95 

6.88 

87.96 

46.57 

41.39 

27.80 

9.13 

0.78 

$ 3.69 

Page 2 of24 
2013 Master Lease Fee True-Up and 2014 Forecast 

Fee Summary 

Spring July 1 Fall 2013 2014 

2012 2013 AlP Affairs 2013 AlP Affairs 2013 Final Fee 

Final Fees 2013 Fee Catch Up 2013 Fee Final Fees True Up Forecast 

Fees Elf 1/1/2013 Forecast Fees Forecast (a) (000) (b) 

Flight Fee eer 1,000 lb. $ 6.20 $ 6.43 $ 6.69 $ 6.95 $ 6.66 $ 6.64 $(1 ,686) $ 7.79 

Monorail Fee ~er 11

000 lb. $ 1.99 $ 2.17 $ 2.12 $ 2.10 $ 2.07 $ 2.03 $(3,178) $ 2.24 

Fuel Fee !:!er gallon $0.0723 $ 0.0744 $ 0.0734 $ $ 0.0719 $ 0.0723 $(1 ,430) $ 0.0725 

Variable Airport Services $114,858 $ 114,858 $120,869 $120,200 $118,971 $ 1,914 $116,144 Fee er acre 

CH & RP (millions) $ 14.499 $ 14.499 $ 16.721 $ 16.041 $ 15.453 $ 1,289 $ 16.904 

Police -Boarding Gate $ 1,273 $ 1,345 $ 1,386 $ $ 1,311 $ 1,269 $ (304) $ 1,290 Securit er tour 

FIS $ 14.85 $ 14.85 $ $ 14.85 $ 14.85 $ 15.08 

GTC $ 6.80 $ 6.80 $ ~ 6.80 6.80 6.88 

lnt'l Arr Fee $ 21.65 $ 21.65 $ $ 21.65 $ 21.65 $ 21.95 

Proj Net Rev $ (4,183) $ (506) $ 252 $ 3,685 

Changes from Fall2013 Airport Affairs: 

(a) The final 2013 Airport Services fee reflects lower O&M's and settlement costs. 

The final2013 Flight Fee reflects higher spending towards the end of the year on security cameras, PIDS repairs, and the new guard contract, as wei! as 

more settlements. 

The final 2013 Monorail fee reflects somewhat lower O&M costs and higher rental car and NEG fee credits, and slightly higher construction activity. 

The final 2013 CHRP billing reflects lower than forecast energy, O&M and construction costs. 

The final 2013 Fuel fee reflects slightly h"1gher O&M's and lower gallonage, offset by slightly lower construction costs. 

The final2013 FAR fee reflects lower than forecast Police labor costs. 

The final2013 International Facility net revenue reflects lower project settlements and lower passenger fee revenue than previously forecast. 

(b) The 2014 ASF forecast reflects higher spending through April on repairs to the Air Terminal Highway system; the much higher than normal snowfall 

in January through March; and the procurement of replacement radios for Police, maintenance and operations staff and vehicles. Policing and Traffic 

costs reflect lower than expected costs of implementation of the post-ARFF transition to date, and a reassessment of existing posts, as well as lower 

hourly rates due to filling posts with new recruits from the last two classes. Settlement estimates are also lower. 

The 2014 FF forecast reflects lower than expected ARFF function costs to date, the higher snow costs, and lower settlements. Aircraft parking credits 

are coming in lower than expected through ApriL Also, 2014 flight fee weights are 3% lower than previously forecast. 

The 2014 Monorail fee forecast reflects mitigation costs and amortization for the emergency guideway repairs. ln addition, electric costs at the airport 

generally have been substantially higher than normal so far this year due to high natural gas prices. Therefore the annualizatlon has used YTD actual 

plus last year's experience for the remainder of the year. Finally, rental car credits have been lower than expected to date, and the monorail weight 

forecast is only marginally lower than previously forecast. 

The 2014 Fuel Fee forecast reflects the 2014 Allied budget submitted at the Fuel Committee meeting on 11/12/13. An estimate is also included for the 

anticipated purchase by the operator of 2 5,000 gallon refuelers. The forecast used at the Fall AlP Affairs meeting inadvertently omitted the 5% 

additional charge per the Fuel agreement. The fuel forecast is 3% lower than previously forecast. 

The 2014 CHRP estimate reflects higher fuel costs due to the sustained cold weather this year which required a switch to fuel oil under our interruptible 

service contract. It also reflects higher than expected electric costs due to high natural gas prices; the annualizatlon reflects last year's experience for 

the remainder of the year. Finally, the estimate reflects more construction than originally forecast this year on the High Temperature Hot Water 

Generator replacement and the rehab of HTHW Piping in Tenn A Band C Crawl Spaces. 

The 2014 International Facility forecast reflects slightly lower O&M and settlement costs than previously forecast. Passenger numbers through April are 

exceeding the forecast underlying the 1/1/14 fee change by 8.7%. The fee will be changed on 7/1/14 to larget a break-even net revenue for the second 

half of the year. 

The 2014 FAR fee is currently reflecting lower than expected labor costs so the forecast is assuming no change from 2013 until more data are available. 

Flight fee weights are forecastto decrease by -1.7% over 2013, and monorail weights by -1.2%. Gallons are forecast to decrease by -2.0%. 

General Notes: 

The flight fee was set at $6.43 on January 1, 2013, changed to $6.95 on July 1, 2013 and to $7.51 on January 1, 2014. 

The monorail fee was set at $2.17 on January 1, 2013, changed to $2.10 on July 1, 2013 and to $2.16 on January 1, 2014. 

The fuel fee was set at $0.0717 on January 1, 2012, changed to $0.0744 on January 1, 2013 and to $0.0687 on January 1, 2014. 

The FAR fee was set at $1,365 on July 1, 2012, changed to $1,345 on January 1, 2013 and to $1,437 on January 1, 2014. 

The FIS fee was set at $14.85 on January 1, 2013 and changed to $15.75 on January 1, 2014. The GTC fee was set at $6.80 on January 1, 2013 and 

changed to $7.20 on January 1, 2014. 

Fee and True Up Summary Page 3 of 24 
2ll12F1NAL TOTAL "' '" PHASE 1A MONORAIL GALLONAGE CH&RP ,. INTERIIIATIONA BALANCE OF 

FUEL SYSTEM LFAC!LITY AIRPORT 

O&M Expenses Charged Diractly to the Airport 

Direct Cost Centers: 

"' Alrfield Securlty 11,815,503 11,615,503 

Operatiorw 5,965.S67 5,905,987 

Ma1~tenance 9,474,344 9.474,344 

Systems 

Communioalions and Signa~ 807,499 807.499 

Elactrio & Gas Distribution 293,916 293,916 

storm, Sanitary and Water Distribution 3.554,089 3,554,()89 

Air Terminal Highway & Restricted Service Roads 11,088,670 11,0BB.670 

Monorall 

Monorail O&M Centrad (eKcl Mid Ufe- see Fxd ChtgS) 13,394,486 12,565,804 

Monorail other (excl Mid Life -see Fxd Chrgs) 10,145,103 9,957,244 

Gallonage Fuel system 

105% of operator Charges 28,722,<122 28,722,422 

DirectO&M's 1,230,976 1,230,978 

CH&RP 

CH&RP Energy 4,049,690 4,049,690 

CH&RP Other O&M 3,(174,175 3,074,175 

Altctaft Boarding Gate Securlly 4,296,735 4,250,025 

International Facility 

Labor 6,059,587 6,059,587 

CollStruction Contracts (511450) 152,016 152,016 

Elevator I Eooalator contract mainten11!'1oe 954,740 954,740 

Cleaning Contraci 3,652,051 3,602,051 

Baggage BeH I Loading Bridges 5,439,679 5,439,679 

Securlty Gual<is 1,920,276 1,9:W,276 

Customer Service Representatives 1.512,960 1,512.,960 

Mecllanloal Malntenanoe 331,747 331,747 

Environmental Maintenance 

Other Contract Services (91,437) "" (91,437) "" Utnities 2,294,752 2,29'1,7S2 

MiscellaneOIJs exc GASB 49 provisions (418,873) (418,673) 

All other International Facility 970,293 970,293 

All Other Areas 205 195160 3,606 3,736 '" 205.195.160 

Total Direct costs 335,667,361 27,252,226 15,740,439 22,023,466 29,953,399 7,123,865 4,250,025 22,na.sos 205,195,160 

Airp<>rt General Costs 

Emergancy Services 4.174,996 4,174,996 

Policing & Traffic 33,411,454 33,411,454 

Pollee- Administrative &Clerical and Other 11,778,562 10,385,41}9 

Snow& Ice 8,846,656 5,838,872 1,129,182 325,439 1,553,163 

other General Opera~ng & Maintenance Costs 19,980.207 1.315,753 1,473,570 370.570 2,749 986,236 "" 1,298,141 14,532,287 

Automotive Services 29,638 19,956 7,460 

Janitorial (194,504) (97) (5,925) (22,506) '" {739) "' (B6,SOS) "' (76,429) "' care of Ground• 2,029,285 388,321 913.634 81.234 15,159 146,300 4M,627 

structural Maintenance 1,126,357 68,027 10,821 28,501 "' 2,926 681,269 314,686 

Mechanical Maintenance 1,771,88(1 3,319 114,037 54,S37 1.476 !113,630 /24.881 459,600 

Electrical Malntenanoe 1,524,515 466,560 128,762 214,447 1,126 46,354 2n.619 386,628 

Paving 747,353 349,646 167,187 13,596 8,704 54,531 153,667 

EnvTronmental 135,869 136,593 

Maintenance- Admin, Clerical & Other 6,166,518 6,166,518 "" Operatiol'lS - Administrative & CleJI<:al and Olher 6,64(],498 6,640,498 

Publlclia.bllity. Property Damage & Workers Comp 7,806,330 1,793,900 345,157 922.396 420,967 161,143 94ll,911 3,213,837 

Other Unit.. 16,38.5,847 2,899,985 4,244,906 9 366266 

Total Airport General Costs 102,3B4,054 13,123,523 39,259,348 1,292,$66 423,735 1,147,360 '" 6,617,397 3S,070,963 

Rent to the City of Nswark 83,662,620 9,207,039 74,~56,694 

Total O&M Expenses. Char9"d Dlre<=Hy tolht>Airport 521,934,0l5 40,375,751 54,999,786 23,816,452 311,377,135 8,271,246 ~.250,937 38,803,041 318,72:2,816 

Direct Prorated Expenses 25,760,956 2,986,900 22,774,413 

Allocated EXpenses 28,290,835 1,3S5,261 1.214,907 318,752 11,008,951 12,248,645 

FtxeO Char9os 

'" 28,240,025 28,240,525 

"''""" 36,486,3% 36,488,396 

Phase1A 3,380,912 3,380,912 

PA Space 18.616,297 9,733,917 8,884,390 

Monorail (Construction Factor, lncludTng Mid Life) 51,072,962 51,072,932 

Gallonage Fuel System 5,748,966 5,746,966 

CH&RP 77.398,450 77,398,450 

CAR 594,841 566,167 

International Facil~y 26,365,400 26,365,400 

All Other Areas 47,885,977 47.ss59n 

Total FD<ed Charges 295,794,726 28,240,525 46,222.313 3,380,912 51,072,962 5,746,966 77,398,450 566,167 26,365,400 56.770.357 

Total Cost Before Credits 869,780,552 68,616,276 101 ,222,009 3,3ll0,912 71!,2(!4.695 36,126,1D1 6$.884,6!l3 5,135,655 79,164,291 410,516,231 

Credits 

Parking & storage Fees (6,511.034) (6,511,03~) 

International Facllny 

FIS/GTC fees (73,177.4361 {73,177,436) 

Rentals & Other (not Con<'<'ssions) (5,245,882) (5,245,882) 

Concessions Spa<'<' oredlt .. (2.S48,053) (2,939,963) 

Air Train Revenues 

Rental Car (5,790,401) (5.790,401) 

Bus Service (500,000) (500,000) 

NEC Fare Box (6,224,178) (8,224,178) 

PFC Debt Service credit and other Credils (3,33633~ 67,346 3,338,335 

Total Credits (1()5,735,319] (6,5!18,380) {17,552,914) (81,363,281) 

Total Cost 764,04S,2JJ 62,!l17,697 101,222,099 ~.380,912 58,431,782 36,126,101 66,884,503 5,135,855 (2,198,990] 410,516,231 

• Total Cotl!ltruction P>lyments ns of12131112 

~-5.44% 

FAR Ex ense Detail 

Pollee 4,173 DlrectO&M 

Insurance " DireclO&M 

Mobl(e E<tlllpment " Direct O&M + Auto Svc Gen'l 

ACDTV Fixed Charg,; "" Fixed Charges- "309" 

ACDTVO&M "" DiteclO&M 

Space Charge " Allocated 

TSA Reimbursement {175) Allocated 

Management Fee "' ~ Allocated 

2012 Page 4 of24 
2013 Afmualization TOTAL PAF A'F PHASE1A MONORAIL GALLONAGE CH&RP FAR INTERNATIONAL BALANCE OF 

FUEl FACIUTY AIRPORT 

O&M E;><penses Charged Direclly to the Airport 

Dlre.c.t Cost Centers: 

PAF 

Airfitilld SectJrity 14,384,656 14,384,656 

OpNafions 6,156,711 6,156,711 

Maintenance 10,015,269 10,015,269 

Systems 

Communications and Signals 985,848 985,848 

Electric & Gas Distribution 258,952 258,952 

Storm, Sanitary and Water Distribution 3,629,916 3,529,916 

Air Terminal Highway & Reslricled Service Roads 9,929,694 9,929,694 

Monorail 

Monorail O&M Conlract (excl Mid Ufe- see Fxd Chr! 14,144,239 14,144,239 

Monorail Other (excl Mid Ufe- see Fxd Chrgs) 10,421,011 1(),421,011 

Gallonage Fuel System 

1 05% of Operatur Charges 29,398,665 29,398,665 

Direct O&M's 845,252 845,252 

CH&RP 

CH&RP Energy 4,186,357 4,186,357 

CH&RP 0\herO&M 3,466,573 3,466,573 

Aircraft Buardlng Gate Security 4,365,963 4,365,963 

lnlematlonal Facility 

Labor 6,036,099 6,036,099 

Construction Contracts 189,413 169,413 

Elevatur I Escal!rlorcontract maintenance 1,164,534 1,164,534 

Cleaning Coniracl 3,348,794 3,348,794 

Baggage Belt! Loading Bridges 7,173,724 7,173,724 

Security Guards 1,882,822 1,882,822 

Customer Service Reps & Bag Handlers 1,439,123 1,439,123 

Mechanical Maintenance 360,184 350,184 

Environmental Maintenance 449 449 

Other Contrecl Services 38,098 38,098 

Utilities 2,033,812 2,033,812 

Miscenanecus (467,850) (467,860) 

AI! Other International Facility 781,911 781,911 

All Olher Areas 209 873 710 209,873,710 

Total Direct Costs 345,043,918 30,5"56,636 14,604,410 24,555,249 30,243,917 7,652,930 4,365,983 23,981,102 209,873,710 

Airport General Costs 

Emergency Sel'l/lces 4,254,804 4,254,804 

Poli~ing & Traffic 37,948,212 37,948,212 

Pollee -Administrative & Clerical and Other 11,481,098 11,481,098 

Snow& Ice 12,12e,574 8,001,024 1,554,413 447,994 2,126,143 

Other General Operating & Maintenance Costs 22,644,503 1,641,906 1,603,016 484,620 4,014 1,225,565 63 1,n1,2a9 15,908,010 

AulomoUve Services 13,831 7,148 6,026 113 "' 63 136 199 

Janitorial 10,043 9 ,, 1,131 14 4,743 3,894 

Cal<! uf Grounds 1,720,125 331,694 765,824 73,491 m 12,559 123,597 412,188 

Structural Maintenance 1,348,559 80,544 17,414 28,319 57 2,192 960,980 259,054 

Mechanical Maintenance 1,838,703 3,659 153,306 49,989 1,395 1,128,236 134,184 367,952 

Electrical Maintenance 2,483,596 680,944 226,881 300,855 1,789 77,939 461,699 527,690 

Paving 968,859 331,909 352,627 30,942 3,848 91,949 157,384 

Envirunmental 81,137 80,485 

Maintenance- Admln, Clelic~l & Other 6,192,825 "' 6,192,625 

Operations- Adminfstrative & Clerical and Olher 7,966,824 7,986,624 

Public Liability, Property Damage & Workers Comp. 6,673,517 1,555,453 291,152 793,425 344,504 145,393 825,771 2,716,819 

other Units 15 546,096 3015,135 4 058,514 6,472 346 

Total Airport General Costs 110,677,804 15,453,188 44,411,929 1,278,046 348,519 1,370,956 "' 7,110,667 40,704,416 

Rent W the City of New.lrk 84,368,029 9,134,780 75,233,250 

Total O&M Expenses Charged Dlrec.tly to 1he Airpo 541,089,751 46,609,823 59,216,338 25,843,295 30,592,436 9,023,888 4,366,047 40,226,546 325,811,375 

Direct Prorated Expenses 30,887,085 3,714,035 27,173,049 

Allocated Expenses 27,653,074 1,397,967 1,255,907 171,538 11,819,625 13,008,038 

Fixed Charges 

PAF 28,361,790 28,381,790 

Systems 36,228,214 36,228,214 

Phase 1A 3,380,912 3,380,912 

PA Space 18,509,864 9,683,394 8,826,470 

Monorail (Constructiun Factur, including Mid Life) 49,026,936 49,020,936 

Gallonage Fuel System 5,388,343 5,388,343 

CH&RP 85,236,889 85,238,889 

FAR 592,759 592,759 

tntemalional Facility 27,273,915 27,273,915 

All Other A!<!as 47,167,502 47,187 562 

Tolal Fixed Charges 301,207,184 28,381,790 45,911,608 3,380,912 49,026,936 5,388,343 85,236,889 592,759 27,273,915 56,014,032 

Total Cost Before Credits 900,837,095 74,391,613 105,127,947 3,380,912 76,288,197 35,980,779 95,516,684 5,130,343 83,034,124 422,006,494 

Cred~s 

Parking & Storage Fees (6,455,975) (6,455,975) 

lntemalional Facility 

FIS I GTC fees (74,876,592} (74,876,592) 

Rentals & Other{not Cuneessions) (5,062,720) (5,082,720) 

Concessions SpaCi'! credit ... (3,425,157) (3,425,157) 

AirTraln Revenues 

Rental car (6,564,025) (6,584,025) 

Bus Service (500,000) (500,000) 

NEC Fa!<! Bux (9,459,491) (9,459,491) 

PFC Debt Service Credit 

Total Credits (106,343,960) (6,455,975) (16,523,516) (83,364,469) 

Total Cost 794,493,135 57,935,638 105,127,947 3,380,912 59,744,681 35,980,779 95,516,684 5,130,343 (330,345) 422,006,494 

• Total Cunstruatlon Payments as of 12131113 

•• -6,03% 

FAR Ex ense Detail 

Pollee 4,130 Di!<!c!O&M 

Insurance 65 Di!<!clO&M 

Mobile Equipment ' Direct O&M +Auto Sve Gen'l 

ACDTV Fixed Charges 566 Fixed Charges= "309" 

ACDTVO&M 118 DirectO&M 

Spa<:e Charge 30 Allocated 

TSA Reimbursement (131) Allcca\ed 

Management Fee "' Allocated 

5,104 

20 13 Annuallzation Page 5 of 24 
TOTAL FORECAST (see Individual fee tabs for details) 

2013 final YID PAF ASF PHASE 1A MONORAIL GALLONAGE CH&RP FAR INTERNATIONA 

ANNUALIZED FU LSYSTEM LFACIUTY 

O&M Expenses Chargee! Dlreclly to the Airport 

Direct Cost Centers: 

PAF 

Airfield Securny 14,384,656 14,384,656 

Operations 6,156,711 6,156,711 

Maintenance 10,015,269 10,015,269 

Systems 

CommuniC3UD!1s and Signals 985,848 985,848 

Electric &Gas Disllibutlon 258,952 258,952 

storm, sannary and VVat<~rDistributlon 3,629,916 3,629,916 

Air Terminal Highway & Restricted SeNice Roads 9,929,694 9,929,694 

Monorail 

Monorail O&M Contraot {excl Mid Life- see Fxd Chrg~ 14,144,239 14,144,239 

Monorail other (excl Mid Ute- see Fxd Chrgs) 10,421,011 10,421,011 

Gallonage Fuel Syslem 

1 05% of Ope rater Charges 29,398,665 29,398,665 

Direct O&M's 845,252 845,252 

CH&RP 

CH&RP Energy 4,186,357 4,186,357 

CH&RP OlherO&M 3,466,573 3.4S6,5n 

Aircraft Bearding Gate Security 4,365,963 4,221,409 

lntemallonal Facility 

Labor 6,036,099 6,036,099 

Construction Contracts (511450) 189,413 169,413 

Elevalor I Escalator ~on!ract maintenance 1,154,534 1,164,534 

Cleaning Contract 3,348,794 3,348,794 

Baggage BettI Loading Bridges 7,173,724 7,173,724 

Security Guards 1.682,822 1,662,822 

Customer Service Reps & Bag Handlers 1,439,123 1,439,123 

Mt<Chanlcal Maintenance 360,184 360,184 

Environmental Maintenance 449 449 

other Contract Services 38,098 38,098 

Utll!tles 2,033,812 2,033,612 

Miscellaneous exc GASB 49 constrncticn contract pmt {467,860) (487,860) 

All Other lntemaUonal Facll!ty 781,911 781,911 

M other Areas 209,873.710 

Total Dlrec\ Costs 346,043,918 30,556,636 14,604,410 24,499,015 """30,243,917 7,652,930 4,221,409 23,961,102 

Airport General Costs 

Emergency SeNices 4,254,804 4,254,804 

Pollcln>l & Traffic 37,948,212 37,948,212 

Polire- Administrative & Clerical and Other 11,481,098 

Snow & Ice 12,129,574 8,044,344 1,545,567 448,360 

Other General Operating & Maintenance Costs 22,644,503 1,641,906 1,877,652 464,620 4,014 1,225,565 63 1,777,289 

Automotive SeiVic:es 13,831 7,146 7,460 "' 63 1" Janitorial 10,o43 9 {5,925) 1,131 14 4,743 

Care of Grounds 1,720,125 331,694 913,634 73,491 12,559 123,597 

Structural Maintenance 1,348,559 80,544 10,821 26,319 " 2,192 960,980 

Mechanical Maintenance 1,836,703 3,659 114,037 49,969 1,395 1,128,236 134,184 

Electrical Maintenance 2,483,596 886,944 129,762 300,055 1,789 77,939 461,699 

Paving 968,859 331,909 167,187 30,942 3,848 91,949 

Environmental 81,137 136,593 652 

Maintenance- Admin. Clerical & Other 6,192,825 

Operations -Adm!nistrallve & CleriO<l! and Other 7,986,824 

PublicUabftity, Property Damage & WorKers Comp. 6,673,517 1,555,453 291,152 793,425 344,504 145,393 826,771 

other Units 15,546,098 3,015,136 4,058,248 

Total Airport General Costs 110,677,804 15,496,508 44,477.718 1,278,046 348,519 1,370,958 "' 7,110,667 

Rent to the City of Newark 84,368,029 9,134,780 

Total o&M Expensas Charged Directly to the Airpor 541,089,751 46,053,144 59,282,12.8 25,777,061 30,592,436 9,1)23,888 4,2.21,492 40,226,548 

Direct Prorated Expenses 30,887,085 3,714,036 

Allocated Expenses 27,653,074 11.227 1,388,032 1,255,907 316,606 11,819,625 

Fixed Charges 

PAF 2B,381,790 28,381,790 

Systems 36,228,214 36,228,214 

Phase 1A 3,380,912 3,360,912 

PASpace 18,509,864 9,683,394 

Monorail {Construction Factor, including Mid Life) 49,026,936 49,026,936 

Gallonage Fuel System 5,388,343 5,386,343 

CH&RP 85,238,889 85,236,889 

FAR 592,759 566,167 

International Fac!lity 27,273,915 27,273,915 

All other Areas 47,187,562 

Total Fixed Charges 301,207,184 28,361,790 45,911,608 3,380,912 49,026,936 5,388,343 65,236,889 566,167 27,273,915 

Total Cost Before Cred~s 900,837,095 74,446,161 105,193,737 3,380,912 76,192,028 35,980,779 95,516,684 5,104,264 83,1l34,124 

Credits 

Parking & Storage Fees {8,455,975) (6,698,337) 

lntema!fonal Facll~y 

FIS I GTC fees {74,876,592) (74,876,592) 

Rentals & other (not Concessions) (5,062,720) (5,062,720) 

Concessions Spa~e credit"' (3.425,157) (3,423,507) 

AlrTraln Revenues 

Rental Car (6,554,025) (6,564,025) 

BusSeMce (500,000) {500,000) 

NEC Fare Box {9,459,491) (9,459,491) 

PFC Debt SeNite Crec!tt and Other 87,261 

Total Credits (106,343,960) (6,698,337) {16,436,255) (83,362,819) 

Total Cost 794,493,135 67,747,824 105,193,737 3,380,912 59,755,773 35,980,779 95,516,694 5,104,264 ~28,695) 

T Total Construction Payments as of 12131113. 

--6,03% 

FAR Ex~ense Detail !$OOO's! 

Pollee 4,130 DlrectO&M 

Insurance " Direct O&M 

Mobile Equipment 9 Direct O&M + Aulo Svc Gen'! 

ACOTV Fixed Charges "'' Fixed Charges"' ''309" 

ACDTVO&M "" Direct O&M 

Space Charge '" Atloc:aled 

TSA Reimbursement (131) Allocated 

Management Fee & other ___ ,_17_ Includes Sandy estimate 

5,104 

2013Final Page 6 of 24 
2013 Actuals Base Rate CostAdj VolumeAdj AreaAdj 

Flight Fee (PAF) $ 0.3130 X $ 74,446,161 X 17,734,000 = $ 3.1248 2013actuals 

$ 4,010,000 32,978,578 

Flight Fee (ASF) $ 0.3370 X $ 105,193,737 X 17,734,000 X 0.5900 = $ 3.6582 2013 actuals 

$ 4,625,000 32,978,578 0.6647 

Flight Fee (Phase 1A) $1,963 I 32,978,578 X 1016.311 = $ 0.0605 2013 actuals 

per acre PAF acres 

Flight Fee (Pkg credit) $ 6,698,337 I 32,978,578 = $ (0.2031) 2013 actuals 

$ 6.6404 

2013 actuals 

Variable Airport Svcs $ 6,343 X $ 105,193,737 X 1,420.700 = $ 118,971 per acre 

$ 4,625,000 1,722.707 

Monorail $ 59,755,773 29,487,870 = $ 2.0265 2013 actuals 

Fuel (System) $0.01304 X $ 35,980,779 X 320,000,000 = $ 0.0664 2013 actuals 

$ 3,300,000 685,151,282 

Fuel (ASF) $ 0.00046 X $105,193,737 X 320,000,000 X 1.94% = $ 0.0058 2013 actuals 

$ 4,625,000 685,151,282 1.63% 

Fuel (Phase 1A) $1,963 685,151,282 X 33.401 = $ 0.0001 2013 actuals 

Fuel Farm acres 

Catch Up Calculations 2013 Sched 2013 Sched 2014 Sched 

AIL Revenue at AIL Revenue AIL Revenue 

Fee Changes current billing at final billing at forecast 

rate rate Final True Ue billing rate 

Jan 1 2013 Jul1 2013 

Flight Fee $ 6.43 $ 6.95 $ 218,491 $ 216,805 $ (1 ,686) $ 250,107 

Monorail Fee $ 2.17 $ 2.10 $ 62,771 $ 59,593 $ (3, 178) $ 64,961 

Fuel Fee $ 0.0744 $ 0.0744 $ 50,657 $ 49,227 $ (1,430) $ 48,451 

FAR Fee $ 1,345 $ 1,345 $ 5,400 $ 5,096 $ (304) $ 5,190 

2013 Total Net 2014 Total 

Revenue Net Revenue 

FIS Fee $ 14.85 $ 14.85 

GTC Fee $ 6.80 $ 6.80 

$ 21.65 $ 21.65 $ 252 $ 3,685 

Fee Impact Formulas Page 7 of24 
FFWts Page 8 of24 
Newark International Airport 

Total Passenger Aircraft Weight 

Monorail 2013 2012 Forecast 

2012A 2013E 2014E 

Month Scheduled Scheduled Monorail Monorail Monorail 

Jan 2,367,637 2,348,901 2,348,901 2,367,637 2,215,087 

Feb 2,099,659 2,252,804 2,252,804 2,099,659 1,974,480 

Mar 2,491,372 2,529,277 2,529,277 2,491,372 2,531,695 

Apr 2,524,390 2,531,752 2,531,752 2,524,390 2,517,793 

May 2,530,290 2,520,232 2,520,232 2,508,148 2,501,713 

Jun 2,515,454 2,549,229 2,549,229 2,515,454 2,508,946 

Jul 2,624,120 2,622,954 2,622,954 2,624,120 2,616,526 

Aug 2,633,859 2,589,184 2,589,184 2,633,859 2,626,167 

Sep 2,382,746 2,358,028 2,358,028 2,329,510 2,356,455 

Oct 2,505,740 2,258,786 2,258,786 2,231,260 2,493,170 

Nov 2,345,228 2,315,053 2,315,053 2,286,965 2,331,666 

Dec 2,386,253 2,386,715 2,386,715 2,357,910 2,381,037 

*unaudited 0 29;262;9t5 28,970,286 New FCST @Oct 15, 2013 ••2s,o54o7as New FCST @ May 30, 2014 

Subtotal 29,406,749 29,262,915 (292,630) (352,014) 

~1.0% ~1.2% 

Itinerant 81,122 138,118 

28,794,708 Old FCST @ May 6, 2013 29,056,082 Old FCST@ April 30, 2014 

Mise 0 0 ~1.6% ~1.2% 

TOTAL 29 487 870 29 401 033 

MRWts Page 9 of24 
1 erminal B 2013 , "'' · ""'"''1 for 

Terminal B 2012 Final 1/1/13 FIS Fee ct.cmye Current Te " 

FIS lnt'l Arr lnt'l Dep Dom Arr/Dee 2012 FIS lnt'l Arr lnt'l Dep Dom Arr/Deg 21'.!13 ElS lnt'l Arr 

Jan-12 218,300 102,107 1,074 321,481 Jan-13 220,046 103,026 1,235 324,307 Jan-13 214,285 

Feb-12 191,858 87,548 1,666 281,072 Feb-13 193,393 88,336 1,916 283,645 Feb-13 171,160 

Mar-12 251,696 107,470 1,188 360,354 Mar-13 253,710 108,437 1,366 363,513 Mar-13 244,195 

Apr-12 274,813 126,379 696 401,888 Apr-13 277,012 127,516 BOO 405,328 Apr-13 252,311 

May-12 252,119 131,171 262 383,552 May-13 254,136 132,352 301 386,789 May-13 252,870 

Jun-12 270,727 139,883 180 410,790 Jun-13 272,893 141,142 207 414,242 Jun-13 273,043 

Jul-12 309,680 138,224 254 448,158 Jul-13 312,157 139,468 292 451,918 Jul-13 306,668 

Aug-12 305,445 145,781 991 452,217 Aug-13 307,889 147,093 1,140 456,121 ug-13 307,081 

Sep-12 260,015 137,576 126 397,717 Sep-13 262,095 138,814 145 401,054 Sep-13 249,063 

Oct-12 233,280 123,526 207 357,013 Oct-13 259,642 135,485 1,944 397,071 Oct-13 253,428 

Nov-12 202,714 114,427 65 317,206 Nov-13 229,063 118,959 1,632 349,654 Nov-13 212,001 

Dec-12 217,264 119,071 313 336,648 Dec-13 240,216 123,599 1,125 364,940 Dec-13 211,646 

Total20'li 2,987,911 1,473,163 7,022 4,468,096 Tota12!J13 3,082,251 1,504,228 12,103 4,598,582 1 Total 2013 2,947,951 

Tote! 2011 3,019,818 1,503/!11 32,945 4,555,2:$0 Total2012 actual 2,987,911 1A73,163 7,022 4,461!,09$ Total 2012 actual 2,987,911 

Change from 2012 3.2% 2.1% 72.4% 2.9% ____ 

JJQ 12/18/2012 JJQ 12/3/2013 

T _, ll B 2013 A,.. ... , I I .... , B 

Fl§: lnt'l Arr lnt'l Dep Dom Arr/Deg 2013 FIS lnt'l Arr 

Jan 214,285 108,087 ' 322,372 Jan 233,075 

Feb 171,160 82,756 602 254,518 Feb 191,025 Mac 244,195 112,277 438 356,910 Mar 269,892 

Ape 252,311 123,732 494 376,537 Apr 280,043 

May 252,870 141,791 394,661 May 302,384 

Jon 273,043 147,261 111 420,415 Jun 339,843 J"' 306,868 138,373 30 445,271 Jul 340,079 

A"g 307,081 145,772 452,853 Aug 275,827 

Sep 249,063 131,416 121 380,600 Sep 280,661 

Oct 253,428 136,186 389,614 Oct 234,782 

Nov 212,001 119,264 331,265 Nov 274,447 

Dec 247,817 133,731 89 381,637 Dec 266,171 

ITolal2013 2,984,122 1,520,646 1,885 4,506,653 I ITolal 2014 3,288,229 

Total 2012 YTO 2,987,911 1,473,163 7,022 4,46s,ooo I Total 2013 2,984,1:22 

Change from 2012 -0.1% 3.2% -73.2% 0.9% Change from 2013 10.2% 

JJQ 5/23/2014 I rev 

FJS Pax Page 10 of24 
Newark International Airport 

Fuel Dispensal 

2013 2012 

SCHEDULED NON-SCH TOTAL SCHEDULED NON-SCH 

JAN 55,839,161 305,867 56,145,028 

FEB 48,518,660 291,449 48,810,109 

MAR 57,174,641 311,250 57,485,891 

APR 58,995,537 425,921 59,421,458 

MAY 59,260,989 373,723 59,634,712 

JUN 59,424,592 333,353 59,757,945 

JUL 61,903,024 317,136 62,220,160 

AUG 61,220,663 237,620 61A58,283 

SEP 54,815,580 502,534 55,318,114 

OCT 57,355,753 364,052 57,719,805 

NOV 52,374,258 397,020 52,771,278 

DEC 53,985,280 423,219 54,408,499 

MISC 

TOTAL 680,868,138 4,283,144 685,151 ,282 

* Current year actuals are in bold 

Per K.Kachman I C.Chen Fuel Dispersal report 

** Per Allied report 

Fuel Gal 

53,497,897 378,939 

53,503,763 348,935 

57,440,656 418,120 

57,264,695 361,D46 

57,963,198 492,398 

59,764,653 413,781 

62,200,026 343,035 

63,567,186 297,442 

56,341,588 422,483 

53,234,000 348,922 

51,070,247 362,291 

55,575,166 408,447 

681 ,423,075 4,595,839 

Forecast- Scheduled Only {JJQ- 4/30/2014

TOTAL 2012A 2013/E % Ch % Ch·Cumulative 

53,876,836 Jan 53,497,897 55,839,161 4.4% 4.4% 

53,852,698 Feb 53,503,763 48,518,660 -9.3% -2.5% 

57,858,776 Mar 57,440,656 57,172,453 -0.5% -1.8% 

57,625,741 Apr 57,264,695 58,995,537 3.0% ·0.5% 

58,455,596 May 57,963,198 59,260,989 2.2% 0.0% 

60,178,434 Jun 59,764,653 59,424,592 -0.6% -0.1% 

62,543,061 Jul 62,200,026 61,903,024 -0.5% -0.1% 

63,864,628 Aug 63,567,186 61,220,663 -3.7% -0.6% 

56,764,071 Sep 56,341,588 55,331,916 -1.8% -0.7% 

53,582,922 Oct 53,234,000 52,255,404 -1.8% -0.8% 

51,432,538 Nov 51,070,247 50,113,288 -1.9% -0.9% 

55,983,613 Dec 55,575,166 54,573,158 -1.8% -1.0% 

Foreca

681,423,075 674,608,844 -1.0% ~1:.0% 10/

674,608,844 -1.0% -1.0% 5/6

686,018,914 

Page 11 of 24 
Year Total Cost Snow Inches Cost/Inch 

2003 12,278,769 62.5 196,460 

2004 6,910,281 28.5 242,466 

2005 11,033,859 52.9 208,580 

2006 8,302,611 26.9 308,647 

2007 9,006,404 20.8 433,000 

2008 8,808,093 18.6 473,553 

2009 11,923,426 32.1 371,446 

2010 ... 14,872,897 59.0 252,083 

2011 22,294,441 48.9 455,919 

2012 8,724,691 12.1 721,049 

2013 12,164,183 30.4 400,138 

2014 18,798,245 51.7 363,602 * 

Average cost per inch 2009-2013: 440,127 

*April preliminary costs; snow fall through April 16, 2014. 

Estimate for 2013: Costs through Dec less vehicles 

Annualize Vehicles 

Labor 0 

Chemicals 

Other 

PAF 

ASF 

FIS 

0 

0 

Additional Snowfall (in) ** 

Estimate for 2014: Costs through Aplilless vehicles 

Annualize Vehicles 

Labor 10 

Chemicals 1 0 

Other 10 

PAF 

ASF 

FIS 

Labor 

i eer inch 

2,248,568 35,977 

1,376,587 48,301 

2,480,674 46,894 

1,084,666 40,322 

1,399,684 67,292 

1,049,474 56,423 

2,295,981 71,526 

2,876,528 48,755 

4,564,412 93,342 

936,804 77,422 

1,808,750 59,498 

4,550,276 88,013 

70,108 

8,310,770 

3,853,413 

0 

0 

0 

12,164,183 

8,044,344 

1,541,567 

448,360 

17,274,700 

4,570,635 

731,131 

758,204 

1,582,913 

24,917,583 

16,478,346 

3,157,805 

918,437 

** Based on average of the last 5 years actual snowfall 2009-2013. 

Chemicals I Materials Veh/Eguie Rental Other I Contra

i eer inch i eer inch i eer 

978,727 15,660 2,077,466 33,239 6,974,008 1

864,110 30,320 1,958,366 68,715 2,711,218 

1,594,424 30,140 2,286,782 43,228 4,671,979 

750,929 27,916 2,695,674 100,211 3,771,343 1

1,545,248 74,291 3,528,353 169,632 2,533,119 1

1,621,040 87,153 3,375,719 181,490 2,761,860 1

3,156,694 98,339 3,570,620 111,234 2,900,131 

2,315,595 39,247 3,699,330 62,701 5,981,444 1

3,646,689 74,574 3,818,798 78,094 10,264,542 2

791,430 65,407 4,221,125 348,853 2,775,331 2

2,612,996 85,954 3,853,413 126,757 3,889,024 1

3,791,068 73,328 1,523,545 29,469 8,933,356 1

72,704 145,528 1

Updated with final land numbers 

Updated 

<---------- with 

2013 

land %'s 

Average cost I yr from 2009 - 2013: $ 13,9

*** Includes 2010 11holiday storm" costs of $1,764,190 which were reimbursed by FEMA in 2011. That reimbursement is not incorporated into these calcu

reimbursement was credited to the fees. 

Snow Page 12 of 24 
PRORATED AND ALLOCATED EXPENSES 

A. Expenses Prorated and Allocated to EWR 

1. Direct Prorated Expenses 

- 700010 Aviation General- Line (AL) 

*" 700020 Aviation General -Other (AX) 

- 700002 Maintenance Costs-

** 700012 Police General Costs (G2) 

"" 700003 Engineering General (G3) 

2. Allocated Expense 

- 700001 General Administrative - (GC/GX) 

"" 700004 General Development Costs (SX) 

Automotive Expenses 

"* 700005 Automotive Charges (GS) 

!2013 Annualizatiocl 

5,976,444.04 

1,600,834.57 

5,756,280.98 

16,795,368.39 

758,157.22 

30,887,085.20 

27,321,639.13 

331,435.00 

27,653,074.13 

373,011.40-

B. Allocation of General ("101") EWR costs to the Jnt'l Fac 

Allocation to lnt'l Fac 

See S~tion B b<llow for% ca!ou]atioM 

12.27% 733,448.59 

12.27% 196,459.61 

12.27% 706,429.47 

12.27% 2,061,182.08 

2.18% 16.516.52 

12.27% 

12.27% 

3,714,036.27 

3,353,000.16 

40,674.78 

3,393,674.94 

478.97-

Repl % wlovenide 

733,448.59 

196,459.61 

706,429.47 

2,061,182.08 

16,516.52 

$ 3,714,036.27 

Repl% w/ovenide 

3,353,000.16 

40,674.78 

$ 3,393,674.94 

1. Allocation Percentage for General charges from other than Engineering Units 

-Total Direct Inti Fac Charges excl Engrg, GASB49 net of 

concessions space 

-Total Direct Charges to All Cost Centers excl950, Engrg, 

GASB49 

Specific "101" Cost Allocations 

-General Maintenance Charged to 101 

- Public Uability & Prop Damage & Workers Cornp 

-Automotive Servicing 

-Snow per Dec master lease fee calculation 

Total Direct+ Specific 101 

RaUo of lnt'J Fac direct costs to EWR direct costs (including 

specific 101 allocations) 

Cost Centers 

175,112,751.86 

101 Cost 

8,451,022.07 

6,520,750.62 

466,386.16 

12,164182.67 

27,602,341.52 

202,715,093.38 

2. Allocation Percentage for General charges from Engineering Units 

-Total Engineering Charges (excluding GASB49 provisions: 

Ratio of lnt'l Fac direct Engrg costs to all direct Engrg costs 

3. Allocated General Charges to lnt'! Fac 

-Specific '101" Cost Allocations 

-General Charges from other !han Engrg units* 

A!location to lnt'l Fac 

- General Charges from Engrg units 

Allocation to lnt'l Fac 

-Total Allocated General Charges 

General Area 

1,208,108.27 

36,507,252.56 

12.27% 

1,208,108.27 

2.18% 

* Excludes Policing & Traffic, Emergency Svcs, Mgrs. Office Labor & City Rent 

Inti Facility 

Override Per 

Inti Fac Tab 

22,273,794.19 22,273,794.19 

175,112,751.86 

1,777,152.47 

826,770.97 See Ins Tab for 302/306 calc. 

136.05 

2,604,059.50 

24,877,853.69 24,877,853.69 

12.27% 

Direct to 

lnt'l Facility 

277,278.48 

2.18% 

lnt'l Facility 

2,604,059.50 

4,480,288.43 

26,318.74 

7,110,666.67 

Direct to 

All Cost Ctrs. 

12,727,904.66 

202,715,093.38 

12.27% 

Repl% w/override 

36,507,252.56 

12.27% 

2,604,059.50 

4,480,288.43 

C. Allocation of Airport Services & Phase 1A Charges to lnt'l Fac Override w/current estimate 

2013 Final Airport Services rate per acre: 

2013 Final Phase 1A rate per acre: 

8-2 I 8-3 site area 

Airport Services & Phase 1A charge to International Facility 

less premium for recovery of Indirect costs 

Allocation to lnt'l Facility net revenue calculation 

D. Allocation of CH&RP Charges to lnt'l Fac 

Tenninal B Rentable Sq. Ft. 

per Bldg Rentable S.F. table as of 12131112 Acctg Map Updi 

Actual CH&RP Charge to Terminal B-1 

Escalation to 2013 

Allocation of CH&RP charge to lnt'l Facility based on s.f. 

SUMMARY OF ALLOCATED AND PRORATED COSTS 

General Costs 

Dlrect Prorated Expenses 

Allocated Expenses 

FIS Prorated-Allocated Costs 

$ 

$118,971 No Audit correction to RPL 

$1,963 

39.532 acres 

$4,780,730 

/1 ,874,335) 1.6432 2013 final calculation 

$2,906,396 

B-1 

212,492 

24.2% 

1,766,820 

$ 

$ 

lnt'l Facility 

663,826 

75.8% 

5,519,554 

%of total 

2013 Final 

0.0% 

7,110,667 Section B 

3,714,036 SectlonA.1 

Agency Allocated 

APSF!Phase 1A 

CH&RP 

3,393,675 Section A.2 

2,906,396 Section C 

5,519 554 Section D 

11,819,625 

Page13of24 

$118,971 

$4,780,730 

$2,906,396 

Override w/current estimate 

0.0% 

$ 5,519,554 

$ 7,110,667 

3,714,036 

3,393,675 

2,906,396 

5,519,554 

$ 11,819,625 
As ofS/3/13 EWR- Significant Settlements for Cost Recovery Areas 2012 

Cost 

TOTALASF 

TOTALPAF 

A04NF Cl\04-248 "' AIRTF\AIN MIDLIFE OVERHAUL SUPP. AGRM'T#3 Cl\04-315 11/1/2012 " ' /1000 

A04506 CA04 506 "' A!rTrain Mid-life Overhaul-Control &Comm.-NEC Ext 11/1/2012 '" ' /1000 

AD4595 CA04-59S '" Airtrain NEC 13kV Feeder Rehab 12/l/2012 l5 l {1000 

2012 Full Amorti<ed Investment 1,006,243 1,006 243 0.03556 (0.03556 

TOTAL Mono {1,01)6,243} (1,01)6,243) (ll.03556) (0.03556) 

A04510 Cl\04-510 360 Re lace HTHW expansion Joints-Pipe G~lle CHRP-A 1/1/2012 " " /s .ft. 

A04038 Cl\04-033 360 lnstilllatron of 4000Ton Chiller 10/1/2012 l5 ' Is .ft. 

2012 Full AmortiZed Investment 135,700 135,700 0,04122 0.04122 /s .ft. 

TOTALCHRP {135,700) {135,700) {0.04122) {0.04122) 

!A04319A (c,AQ4:§_ii] 3os!AcoTV-i'hasell ! iritiOu] 10\ 1!10,522! ! I 190.522! 24;9osL-2i:iiS_f_i2- -~-- -24;sOSJ o.oo101! o.oo107 Vtour 

TOTAtFAR 190,522 190,522 24,905 2,075 24,905 0.00107 0.01)107 

Notes: 

(a) Settled costs prior to 2012 reflect correction by Comptrollers to fl~u"' provided Tn 2011 exhibit. 

(b) Before reductions for Federal Ald. Although project settlement amounts reflect only what I> oettled to the corr~sponding cost center(i.e. PAF or ASF), total project costs are fort he entire project regardless of where Individual settlements occur. 

2012 Sig setue Page 14 of24 
As of 4/24/14 

TOTAlA'iF TOTALPAF TOTAlCHRP TOTAL FAR 

Tota!Terminal 

2013 Sig Settle 

Terminal B Passenger Figure 

Rate 

4,634,022 

5.193% 

EWR Settlement for Cost Recovery Areas 2013 

23,159,114 1,675,076 142,.716 760,929 335,945,587 

Page 15 of24 
A5 of 4/24/14 

TOTAl !\Ilona 

TOTAlOIRP 

TOTAL FAR 

Terminal B Passenger figure 

Rate 

4,634,022 

5.193% 

EWR ·Estimated Settlement for Cost Recovery Areas 2014 

• Positive values fur fully amortized lr!Vestmen! drop-ofrs of grant applications that do not coincide with settlements, i.e. the grant may be funy amortized a year or more after the se!Uemant. •• Total project cost may Include pro]sctcomponants that era to other lease cost oenters. TPC is shown here furlnforrna1Jonal purposes only. TPC Is net cfGASB 49 provisions, 

2014 Sig Setl1e Page 15of24 
2013 Master Lease Fee True-Up and 2014 Forecast Variance Explanations 

2013 Annualization 

O&M Expenses Charged Directly to the Airport 

Cost Centers: 

International Facility 

Labor 

Construction Contracts (511450) 

Elevator I Escalator contract maintenance 

Cleaning Contract 

Baggage Belt I Loading Bridges 

Security Guards 

Customer Service Reps & Bag Handlers 

Mechanical Maintenance 

Environmental Maintenance 

Other Contract Services 

Utilities 

Miscellaneous exc GASB 49 construction contract pmts 

All Other International Facility 

All Other Areas 

Total Direct Costs 

Other Costs 

Emergency Services 

Policing & Traffic 

Police- Administrative & Clerical and Other 

Snow& Ice 

Other General Operating & Maintenance Costs 

Public Liab, Prop Damage, Workers Comp. 

Other Units 

Total Other Costs 

Rent to the City of Newark 

Total Dir O&M Exp. Charged to Airport 

Direct Prorated Expenses (Aviation, Engrg, Police, Maint 

general expenses benefrting all facilities) 

Allocated Expenses (Administrative and Development 

expenses benefiting all facilities, APSF and CHRP 

allocation to FIS) 

Fixed Charges 

International Facility 

All Other Areas 

Total Fixed Charges 

Total Cost Before Credits 

Credits 

International Facility 

FIS I GTC fees 

Rentals & Other (not Concessions) 

Concessions Space credit on non-Engrg costs 

All Other Areas 

Total Credits 

O&M Reserve for recovery of extraordinary O&M item! (d) 

Direct Operating Expenses (reduced by concess. %) 

Reserve Allowance Goal (1/6 of dir oper expenses) 

Starting Balance (from previous year) 

Extraordinary O&M !!ems (1/2 of item over next two years) 

Ending Balance 

Replenishment Amt to reach reserve allowance goal 

Ending Reserve Allowance 

Total Cost 

!ntiFac 

$ 

$ 

$ 

$ 

$ 

$ 

2012 

6,060 

152 

955 

3,652 

5,440 

1,920 

1,513 

332 

1 

(91) 

2,295 

(419) 

970 

22,779 

325 

1,298 

949 

4,245 

6,817 

9,207 

38,803 

2,987 

11,009 

26,365 

26,365 

79,164 

(73,177) 

(5,246) 

(2,940) 

(81,363) 

21,405 

3,568 

4,348 

35 

4,314 

4,314 

2013 Final 

$ 

$ 

$ 

$ 

$ 

6,036 

189 

1,165 

3,349 

7,174 

1,883 

1,439 

360 

0 

38 

2,034 

(468) 

782 

23,981 

448 

1,777 

827 

4,058 

7,111 

9,135 

40,227 

3,714 

11,820 

27,274 

27,274 

83,034 

(74,877) 

(5,063) 

(3,424) 

(83,363) 

22,535 

3,756 

4,314 

635 

3,679 

77 

3,756 

(2,199) $ (252) 

INTERNATIONAL FACILITY 

2012-2013 2014 Current 

Frcst '12-'13 Forecast as 2014 

Variance Impact ofFaltNP Forecast Affairs 

(23) $ (0.01) (a) 6,313 6,312 

37 0.01 534 189 

210 0.05 1,361 1,246 

(303) (0.07) (a) 3,400 3,445 

1,734 0.39 (a) 6,909 6,684 

(37) (0.01) 1,853 1,883 

(74) (0.02) 1,405 1,618 

28 0.01 376 428 

(0) (0.00) 2 

130 0.03 39 164 

(261) (0.06) 2,278 2,691 

(49) (0.01) (38) 

(188) (0.04) 884 876 

(328) 

$ 1,202 $ 0.27 $ 25,353 $ 25,171 

!Correction tu annua!lzatlon of Super Bowl costs. 

$ 

$ 

$ 

$ 

$ 

123 

479 

(122) 

{187) 

293 

(72) 

1,424 

727 

811 

909 

909 

3,870 

(1,699) 

183 

(484) 

(2,000) 

1,947 

$ 

$ 

$ 

$ 

$ 

$ 

Page 17 of24 

0.03 

0.11 

(0.03) 

(0.04} 

0.07 

(0.02) 

0.32 

0.16 

0.18 

0.20 

0.20 

0.52 

(0.38) 

0.04 

(0.11) 

(0.45) 

0.07 

(a) 

(c) 

519 918 

1,474 1,797 

805 819 

4,034 4,058 

$ 6,832 $ 7,592 

9,105 9,135 

$ 41,291 $ 41,898 

3,649 3,732 

12,179 12,029 

30,465 29,657 

$ 30,465 $ 29,657 

$ 87,584 $ 87,315 

(79,912) (82,879) 

(4,914) {5,081) 

(3,705) (3,816) 

(88,531) (91,776) 

23,824 23,593 

3,971 3,932 

3,802 3,756 

600 600 

3,202 3,156 

769 776 

3,971 3,932 

$ (178) $ (3,685) 

'13 -'14 Escalations Impact 

2013 2014 

$ 0.06 

0.02 

0.02 

(0.11) 

0.04 

0.01 

0.00 

0.03 

0.15 Adjustment tu 

0.10 annualization of utility cost 

0,02 to reflect high natura! gas 

(0.07) prices in cold winter 

$ 0.26 

$ 

0.10 

0.00 

(0.00) 

$ 0.11 

(0.00) 

$ 0.37 

0.00 

0.05 

0.53 

$ 0.53 

$ 0.90 

(1.78) 

(0.00) 

(0.09) 

(2) 

0.16 

$ (0.81) 
2013 Master Lease Fee True-Up and 2014 Forecast Variance Explanations 

INTERNATIONAL FACILITY 

2013 Annualization 

2012-2013 2014 Current '12- '13 Forecast as '13- '14 2012 2013 Final Frcst Impact ofFafiAfP 2014 Impact Escalations 

Variance Affairs Forecast 

Activity (000 passengers) 

International Arrivals 

0 See FIS pax t 8.8 Vo 

International Departures 

Domestic Arrivals and Departures 

Fee 

Federal Inspection Service (FIS)- $14.65 eff 1/1/13, 

$14.85 eff 7/1/13. 

General Terminal Charge (GTC)- $6.8 eff 1/1/13, $6.8 

eff7/1/13. 

International Arrival- $21.65 eff 1/1/13, $21.65 eff 7/1/13. 

International Departure and Domestic Arrival/ Departure-

$6.8 eff 111/13.$6.8 eff7/1/13. 

Net Revenue 

Total Revenue (fees and rentals) 

Total Expenses including concessions credit 

Net Revenue 

Original net revenue for 1/1/14 fee change 

Total Revenue (fees and rentals) 

Total Expenses including concessions credit 

Net Revenue 

Difference due to forecast change 

1/2 of difference 

Fee Change July 1, 2014 

2,988 

1,473 

7 

4,468 

$ 13.75 $ 

6.30 

$ 20.05 I 

$ 6.30 I 

$ 78,423 $ 

76,224 

$ 2,199 $ 

$ 84,826 

84,648 

$ 178 

From 

$ 

$ 

$ 

2,984 (4) 

1,521 47 

2 (51 

4,507 39 

14.85 avg 

6.80 avg 

21.65 

6.80 

79,939 $ 1,516 

79,687 3,463 

252 I (1,947) 

To 

15.75 $ 14.40 

7.20 $ 6.55 

22.95 $ 20.95 

(0.00) 2,994 3,278 0.07 

0.01 1,551 1,601 0.02 

(O.OOl 4 3 0.00 

0.01 4,549 4,682 0.08 

$ 1.10 /pox I 15.75 I 15.08 I 0.23 

0.50 /pox 7.20 6.88 0.08 

$ 1.60 !pax I 22.95 I 21.95 $ 0.30 

I 0.50 /pax I 7.20 $ 6.88 $ 0.08 

(0.34) $ 84,826 $ 87,960 (1.78) 

0.78 84,648 84275 1.02 

0.44 (b) I 178 I 3,685 {0.76) 

Original net revenue with current pax forecast 

$ 92,096 

84,648 

I 7,448 

$ 7,270 

per JJQ 4!30114 

2014 =Current ytd (May)+ JJQ 

ffcast4/30!14 

$ 3,635 Net Revenue "credit" for second half of 2014 due to change in 

passenger forecast. 

Avg 

I 15.08 

$ 6.88 

I 21.95 

(a) The final 2013 International Facility net revenue reflects lower project settlements and lower passenger fee revenue than previously forecast The 2014 International Facility 

forecast reflects slightly !ower O&M and settlement costs than previously forecast There is no estimate for exit lane staffing. Passenger numbers through April are exceeding the 

forecast underlying the 1/1/14 fee change by 8.7%. The fee will be changed on 711/14 to target a break-even net revenue for the second half of the year. 

(b) 

(c) Settlement details can be found in the "Significant Settlements" tabs. 

(d) In the Final Decision of the Department of Transportation, dated June 14, 2005, the DOT stated "it is true the Port Authority is entitled to recover its costs incurred" and 

"contingent costs can be recovered from reserves set aside for such contingent expenses that vary overtime~ (p.17). Accordingly, the Port Authority proposes to fund an Operating 

and Maintenance Reserve Fund (OMRF) to fund contingent expenses similar in nature to those accepted as recoverable in principle by the DOT decision. The Fund will be set equal 

to one-sixth (two months) of the rate year's projected Direct International Facility Expense. 

To ease the initial burden on the airlines, in 2006 the Fund wil! only be funded at one-twelfth (one month) of projected 2006 Direct International Facility Expense. For 2007 the Fund 

will be increased up to the amount equivalent to one-sixth of the projected 2007 Direct International Facility Expense. In subsequent years, if Direct International Facility Expense 

grows, the Fund will receive incremental amounts sufficient to maintain a level equivalent to one-sixth of the projected Direct International Facility Expense for the year in which the 

rate will take effect (the Rate Year). In subsequent years, only the amount required to be added to the fund to reflect changes in the annual Direct International Facility Expense or 

to replace ''withdrawals" (see next paragraph) wiU be included in the rate base. 

When the Port Authority identifies an actual contingent expense, it will make a "withdrawal" from the OMRF in the next Rate Year for which a new rate is calculated. Since the 

"withdrawal" will reduce the level of the OMRF, the rate base for that year will include an addition to the Fund equivalent to the contingent expense. For instance, In 2007, in addition 

to funding the additional one-twelfth of projected Direct International Expense, the rate base will include contingent expenses,lf any, identified to have occurred in 2006 by the time 

the rate base is established. Since the rate base is generally established prior to the end of the year, any contingent expenses not previously identified for that year will be recovered 

in the next Rate Year. 

Each year, the Port Authority will provide a schedule showing the level of the OMRF and any necessary withdrawals or required additions. This Fund will not appear on the 

Authority's official financial statements. The OMRF is not intended to address any deficlts or surpluses that occur because of variances in actual traffic, revenue or expense from 

projected amounts. By its nature, a prospective tariff methodology leaves both parties subject to the effects of deviations from forecasts. 

(d) Operating and Maintenance Reserve Provision: 2012: 1/2 ofTerm B ·Bag Room Drainage- GASB49 Provision- A04921021- $69,000: 2013: 1/2 of 2012 + 1/2 of Term 8 • 

Meeler I Greeter Abatement GAS849 Provision- EWR-264.006- $1.2 million: 2014: 1/2 of Term 8- Meeler 1 Greeter Abatement GASB49 Provision- EWR- 264.006- $1.2 million. 

lnt!Fac Page18of24 
2013 Master Lease Fee True-Up and 2014 Forecast Variance Explanations 

FAR 5-Minute Response 

2014 

Frcst as 

($000's) of Fall Current 

2012 2013 2012- A/P 2014 

Final Final 2013 Var Affairs Frcst Escalations 

Tours 4,034 4,022 -13 4,021 4,025 I 2o13 I 2014 

Police 4,173 4,130 -42 4,700 4,130 

Insurance 71 65 -5 89 65 

Mobile Equip 33 9 -23 11 9 

Space Charge 31 30 -1 30 30 

TSAReimb (175) (131) 44 (131) (131) 

ACDTVf/c 566 566 0 566 566 No mgmt fee on ftc 

ACDTVO&M 118 118 0 150 200 

Other 

Mgmt Fee 319 317 -2 364 323 

Total $5,135 5,104 $ (31) 5,780 5,193 

Cost/Tour $1,273 1,269 $ (4) 1,437 1,290 

The FAR fee was set at $1,345 on January 1, 2013, and changed to $1,437 on January 1, 2014. 

The final 2013 FAR fee reflects lower than forecast Police labor costs. 

The 2014 FAR fee is currently reflecting lower than expected labor costs so the forecast is assuming 

no change from 2013 until more data are available. 

The 7.5% management fee is not applied to Airport Checkpoint Digital TV (ACDTV) fixed charges. 

TSA reimbursements are $131,400 per year from 10/1/12 through 9/30/15. 

ACDTV f/c actual is amortization of $4.3 million investment over 10 years beginning 2012, per Lease 

Acctg calculation. The "annualized" fixed charges are actual amortization costs, reflecting the initial 

investment, plus additional construction which is not being included in the fixed charge calculation. 

2012 Actual Tours 

Jan Feb March April July Aug Sept Oct Nov Dec Total 

341 319 341 330 341 341 330 341 330 341 4,026 Scheduled 

1 1 1 0.2 2 1 1 8 Charter 

342 320 342 330 341 341 330 343 331 342 4,034 

2013 Actual Tours 

Jan Feb March April July Aug Sept Oct Nov Dec Total 

341 308 341 330 341 341 330 341 330 341 4,015 Scheduled 

0 0 0 0 1 0 1 1 1 7 Charter 

341 308 341 330 342 341 330 342 331 342 4,022 

FAR Page 19 of24 
PAF 

Airfield Security 11,816 14,385 2,569 $ 0.1078 (a) 13,085 $(0.0407) 

Operations 5,966 6,157 191 $ 0.0080 (a) 6,443 $ 0.0336 

Maintenance 9,474 10,015 541 $ 0.0227 (a) 11,090 

All Other Areas 4 4 

Total Direct Costs 27,252 30,557 3,304 $ 0.1385 

Other Costs 

Emergency Services 4,175 4,255 80 $ 0.0033 25,466 22,971 $ 0.7856 

Policing & Traffic 

Police -Administrative & Clerical and Other 

Snow & Ice 5,839 8,044 2,205 0.0926 9,273 16,478 0.3540 See snow Calculation 

Other General Operating & Maintenance Costs 1,316 1,642 326 0,0137 1,264 1,485 (0.0066) 

Public Liab, Prop Damage, Workers Comp. 1,794 1,555 (238) (0.0100) 1,485 1,682 0.0053 

Other Units 

Total Other Costs 13,124 15,497 2,373 $ 0.0996 37,488 42,616 $ 1.1383 

Rent to the City of Newark 

Total Dir O&M Exp. Charged to Airport $40,376 $ 46,053 $ 5,677 $ 0.2381 $ 68,105 $ 71,650 $ 1.0744 

Direct Prorated Expenses 

Allocated Expenses 11 11 0.0005 

Fixed Charges 

PAF 28,241 28,382 141 $ 0.0059 (d) 29,119 28,636 $ 0.0107 

All Other Areas 

Total Fixed Charges 28,241 28,382 141 $ 0.0059 29,119 28,636 $ 0.0107 

Total Cost Before Credits $68,616 $ 74,446 $ 5,830 $ 0.2445 $ 97,224 $ 100,285 $ 1.0850 

Credits 

Includes prior years' adjustments per final calculation. 

Parking & Storage Fees (6,466) (5,445) $ 0.0380 

All Other Areas $ 

Total Credits (6,466) (5,445) $ 0.0380 

Total Cost $62,018 $ 67,748 $ 5,730 $ 0.2415 $ 90,758 $ 94,840 $ 1.1230 

Activity 2013 2014 

Take-off Weights (million lbs) 33,318 32,979 (339) $ 0.0318 (e) 33,377 32,431 $ 0.0527 -1.7% 

(a) The final 2013 Flight Fee reflects higher spending towards the end of the year than previously forecast on security cameras, PlDS 

repairs, and the new guard contract, as well as more settlements. 

(b) 

(c) The 2014 FF forecast reflects lower than expected ARFF function costs to date, the higher snow costs, and lower settlements. 

Aircraft parking credits are coming in lower than expected through April. Also, 2014 flight fee weights are 3% lower than previously 

forecast. 

(d) Settlement details can be found in the "Significant Settlements" tabs. 

(e) 2014take-offweights are forecastto be -1.7% lower than 2013. March YTD weights are -4.5% lower than 2013 YTD. 
Cost Centers: 

Systems 

Communications and Signals 

Electric & Gas Distribution 

Storm, Sanitary and Water Distribution 

Air Terminal Highway & Restricted SeiVice Roads 

All Other Areas 

Total Direct Costs 

Other Costs 

Emergency Smvices 

Policing & Traffic 

Police- Administrative & Clerical and Other 

Snow& Ice 

Other General Operating & Maintenance Costs 

Public Liab, Prop Damage, Workers Camp. 

Other Units 

Total Other Costs 

Rent to the City of Newark 

Total Dir O&M Ex:p. Charged to Airport 

Direct Prorated Expenses 

Allocated Expenses 

Fixed Charges 

Systems 

PASpace 

807 

294 

3,554 

11,089 

4 

$ 15,740 

$ 

$ 

33,411 

1,129 

1,474 

345 

2,900 

39,259 

55,000 

36,488 

9,734 

986 

259 

3,630 

9,930 

$ 14,804 

37,948 

1,546 

1,678 

291 

3 015 

$ 44,478 

$ 59,282 

36,228 

9,683 

$ 

$ 

178 $ 0.0062 

(35) $(0.0012) 

76 $ 0.0026 

(1,159) $(0.0403) 

4 

(936) $(0.0327) 

4,537 0.1578 

416 0.0145 

204 0.0071 

(54) (0.0019) 

115 0.0040 

5,218 $ 0.1815 

4,282 $ 0.1488 

(260) (0.0090) 

(51) (0.0018) 

$ 

(c) 

$ 

601 

268 

4,096 

10,034 

14,999 

35,920 

1,801 

1,562 

281 

57,609 

37,611 

9,843 

$ 

$ 

1,207 $ 0.0077 

365 $ 0.0037 

3,797 $ 0.0058 

11,249 $ 0.0459 

(567) (0.0197) 

16,050 $ 0.0433 

33,008 (0.1718) 

3,158 0.0561 

2,054 0.0131 

294 0.0001 

57,655 $(0.0566) 

35,079 (0.0400) 

9,961 0.0097 

All Other Areas 

Total Fixed Charges $ 46,222 $ 45,912 $ (311) $(0.0108) (d) $ 47,454 $ 45,040 $(0.0303) 

Total Cost Before Credits 

Credits 

Total Crecf1ts 

Total Cost 

Activity 

Take-off Weights (million !bs) 

Revenue Producing Land (acres) 

$101,222 $105,194 $ 3,972 $ 0.1380 

$101,222 $105,194 $ 3,972 $ 0.1380 

or $ 4,492 

33,318 32,979 (339) $ 0.0000 

1,719 1,723 (4.095) $ 0.0016 

or $ 

(a) The final 2013 Airport Services fee reflects lower O&M's and settlement costs. 

$ 105,064 $ 102,695 $(0.0869) 

$ 105,064 $ 102,695 $(0.0869) 

per acre $ (2,826) 

(e) 33,377 32,431 $ 0.0617 

$ 

per acre $ 

Adjustment to 

annual!zatlon of 

utility cost to reflect 

high natural gas 

prices In cold winter 

months. 

See Snow Calculation 

2013 2014 

-1.7% 

per JJQ 5/30/14 

(b) The 2014 ASF forecast reflects higher spending through April on repairs to the Air Terminal Highway system; the much higher than 

normal snowfall in January through March; and the procurement of replacement radios tor Police, maintenance and operations staff 

and vehicles. Policing and Traffic costs reflect lower than expected costs of implementation of the post-ARFF transition to date, and a 

reassessment of existing posts, as well as lower hourly rates due to filling posts with new recruits from the last two classes. 

Settlement estimates are also lower. 

(c) Manager's Office Labor 

(d) Settlement details may be found in the "Significant Settlements" tabs. 

(e) 2014 take-off weights are forecast to be -1.7% lower than 2013. March YTD weights are -4.5% lower than 2013 YTD. 
Cost Centers: 

Monorail 

DBOM cost per FK, 11/26/13. No reduced DBOM cost per CCI FK 5/7/14. Airtrain 

shutdown mitigation cost est. ""$7M moved to Fxd Chrgs ca!culation below. 

Monorail O&M Contract (excl Mid Life- see Fxd Chrgs) 

Monorail Other (excl Mid Life- see Fxd Chrgs) 

All Other Areas 

Total Direct Costs 

12,566 

9,957 

1 

$ 22,523 

14,144 

10,421 

(66) 

$ 24,499 

1,579 $ 0.0535 (a) 

464 $ 0.0157 (a) 

(67) 

$ 1,976 $ 0.0693 

16,000 

11,313 

$ 27,313 

Other Costs Adjustment to utility cost annuaUzation to reflect high electric rates in winter due to high natural gas prices. 

Emergency Services 

Policing & Traffic 

Police - Administrative & Clerical and Other 

Snow& Ice 

Other General Operating & Maintenance Costs 

Public Liab, Prop Damage, Workers Camp. 

Other Units 

Total Other Costs 

Rent to the City of Newark 

Total Dlr O&M Exp. Charged to Airport 

Direct Prorated Expenses 

Allocated Expenses 

Fixed Charges 

Monorail (Initial and Add'l Constr. Factor) 

All Other Areas 

Total Fixed Charges 

Total Cost Before Credits 

Credits 

AirTrain Revenues 

Rental Car 

Bus Service 

NEG Fare Box 

PFC Debt Service Credit 

All Other Areas (prior years' adjustments) 

Total Credits 

Total Cost 

Activity 

Take-off Weights (million lbs) 

$ 

371 485 114 0.0039 367 

922 793 (129) (0.0044) 783 

$ 1,293 $ 1,278 $ (15) $(0.0005) 

$ 23,816 $ 25,777 $ 1,961 0.0688 $ 28,464 $ 28,612 

1,395 1,388 (7) $ (0.0002) (b) 1,811 1,808 

51,073 49,027 (2,046) (0.0694) (c) 49,421 51,347 

$ 51,073 $ 49,027 $ (2,046) $(0.0694) $ 49,421 $ 51,347 

$ 76,285 $ 76,192 $ (93) (0.0009) $ 79,696 $ 81,767 

Annualization based on 2013 seasonality. Includes est. 

for increase in rental car transaction fee eff 7/14. 

(5,790) (6,564) (774) (0.0262) (6,702) (6,602) 

(500) (500) (500) (500) 

(8,224) (9,459) (1 ,235) (0.0419) (e) (9,188) (9,459) 

(3,338) 3,338 0.1132 (g) 

87 87 

$(17,853) $(16,436) $ 1,417 $ 0.0451 $ (16,391) $(16,562) 

$ 58,432 $ 59,756 $ 1,324 0.0442 $ 63,305 $ 65,206 

29,401 29,488 87 $ (0.0060) (~ 29,293 29,136 

JG extrap based on YTD wts. 

0.0629 

$ 

0.0024 

of 

C.Cronin 5/7/14 

est: $8M CARP; 

$15M guideway 

instead of $21.1M. 

Amort 20 yrs CARP, 

.0142 15 yrs gfway, 15 

yrs mitigation costs, 

5%. 

0.0787 

Growth in passengers, 

$ 0.0787 20131n 2014 YTD April 

was 10.6%. NEe fare 

collected on Penn Sta -

0.1891 NP bypass buses 

during shutdown. No 

data yet on traffic 

during shutdown. 

(0.0013) 

0.0% 

(0.0030) 

$(0.0042) 

0.1848 

2013 2014 

$ 0.0245 -1.2% 

per JJQ 5/30114 

(a) The final2013 Monorail fee reflects somewhat !ower O&M costs and higher rental car and NEG fee credits, and slightly higher construction 

activity. 

(b) 15% liquidated overhead on direct expenses and credits. 

(c) Settlement details may be found in the "Significant Settlements" tabs. 

(d) The 2014 Monorail fee forecast reflects mitigation costs and amortization for the emergency guideway repairs, which are being amortized over 

the expected life of the guideway work. In addition, electric costs at the airport generally have been substantially higher than norma! so far this year 

due to high natural gas prices. Therefore the annualization has used YTD actual plus last year's experience for the remainder of the year. Rental car 

credits have been lower than expected to date, and an estimate has been included for an anticipated increase in the transaction fee. Finally, the 

monorail weight forecast is only marginally lower than previously forecast. 

(e) 2014 station usage is 10.6% ahead of 2013 through April. 

(f) 2014 scheduled monorail weights are forecast to be -1.2% below 2013. March YTD weights are -3.4% under 2013 YTD. 

(g) Monorail NEG debt service PFC credit ended in August of 2012. 
U&M t::xpenses Gnarged U1rect1y to tne Airport >'UlJ >'U14 

Cost Centers: Adjustment to annualization of utility costs to reflect high natural gas prices and 

switch to fuel oil during cold winter months. 

CH&RP 

CH&RP Energy 

CH&RP Other O&M 

All Other Areas 

Total Direct Costs 

Other Costs 

Emergency Services 

Policing & T raffle 

Police -Administrative & Clerical and Other 

Snow & Ice 

Other General Operating & Maintenance Costs 

Public Liab, Prop Damage, Workers Camp. 

Other Units 

Total Other Costs 

Rent to the City of Newark 

Total Dir O&M Exp. Charged to Airport 

Direct Prorated Expenses 

Allocated Expenses 

4,050 4,186 

3,074 3,467 

$ 7,124 $ 7,653 $ 

986 1,226 

161 145 

$ 1,147 $ 1,371 $ 

137 

392 

529 

239 

(16) 

224 

(a) 

$ 8,271 $ 9,024 $ 753 

1,215 1,256 41 (b) 

4,433 5,518 ... 

3,425 3,074 

$ 7,857 $ 8,592 

1,209 1,272 

133 137 

$ 1,342 $ 1,409 

$ 9,200 $ 10,001 

1,330 1,655 

Fixed Charges Total Construction Payments as ofyear~end 

CH&RP (tot constr. pmts) 

All Other Areas 

Total Fixed Charges 

Credits 

Total Credits 

Total Cost Basis for CH&RP Calculation 

77,398 85,237 7,838 (c) 

- - -

$77,398 $85,237 $ 7,838 

$ $ $ 

O&M $ 8,271 $ 9,024 $ 753 

Total Cumulative Construction Payments at Year End $77,398 $85,237 $ 7,838 

88,178 89,826 

- - $ 88,178 $ 89,826 

$ $ 

$ 9,200 $ 10,001 

$ 88,178 $ 89,826 

(a) The final 2013 CHRP billing refiects lower than forecast energy, O&M and construction costs. The 2014 CHRP 

estimate reflects higher fuel costs due to the sustained cold weather this year which required a switch to fuel oil 

under our interruptible service contract It also reflects higher than expected electric costs due to high natural gas 

prices; the annualization reflects last year's experience for the remainder of the year. 

(b) 30% of energy costs per CH&RP agreement 

(c) The 2014 estimate reflects more construction than originally forecast on the High Temperature Hot Water 

Generator replacement and the rehab of HTHW Piping in Term A Band C Crawl Spaces. 
rei "''""-' LLf.'-Lj.L..> <.IUU\j<;" J.'I=<:;IIIJ;]<IVIIr J.'l'-1:> QII,UiliL<>UVII Ul JJUI<..IIt>= VI <. ..>1UUU !,lOIIUII 

Cost Centers: refuelers In 2014. Also previous frcst inadvertently omitted 5% lease markup. 

Gallonage Fuel System 

105% of Operator Charges 28,722 29,399 676 0.0013 (a) 27,268 28,436~ Direct O&M's 1,231 845 (386) (0.0007) (b) 1,200 1,200 0.0007 

All Other Areas 0.0000 

Total Direct Costs $29,953 $30,244 $ 291 $ 0.0006 $ 28,468 $ 29,636 $(0.0011) 

Other Costs 

Emergency SeEVices $ 

Policing & Traffic 0.0000 

Pollee -Administrative & Clerical and Other 0.0000 

Snow& Ice 0.0000 

Other General Operating & Maintenance Costs 3 4 1 0.0000 3 3 0.0000 

Public Liab, Prop Damage, Workers Camp. 421 345 (76) (0.0001) 335 334 (0.0000) 

Other Units 0.0000 

Total Other Costs $ 424 $ 349 $ (75) $(0.0001) $ 338 $ 336 $(0.0000) 

Rent to the City of Newark 

Total Dir O&M Exp. Charged to Airport $30,377 $30,592 $ 215 $ 0.0005 $ 28,806 $ 29,973 $(0.0011) 

Direct Prorated Expenses 

Allocated Expenses 0.0000 

Fixed Charges 

Gallonage Fuel System 5,749 5,388 (361) (0.0007) (c) 5,415 5,264 (0.0002) 

All Other Areas 0.0000 

Total Fixed Charges $ 5,749 $ 5,388 $ (361) $(0.0006) $ 5,415 $ 5,264 $(0.0002) 

Total Cost Before Credits $36,126 $35,981 $ (145) $(0.0001) $ 34,221 $ 35,237 $(0.0014) 

Credits 

Total Credits 

Total Cost $36,126 $35,981 $ (145) $(0.0001) $ 34,221 $ 35,237 $(0.0014) 

Activity 

Gallons (OOO's) 686,019 685,151 (868) $ 0.0001 (d) 690,673 668,726 $ 0.0016 See Fuel Gal tab 

JG extrap based on YTD gal. per JJQ 5/23/14 

Airport Services costs applied to Fuel Farm on a per gallon basis $ 0.0000 $(0.0001) . -·· 

(a, b) The ' final2013 Fuel fee reflects slightly higher O&M's and lower gallonage, offset by slightly lower construction costs. The 2014 Fuel Fee 

forecast reflects the 2014 Allied budget submitted at the Fuel Committee meeting on 11/12/13. An estimate is also included for the anticipated purchase 

by the operator of 2 5,000 gallon refuelers. The forecast used at the Fall AlP Affairs meeting inadvertently omitted the 5% additional charge per the 

Fuel agreement. The fuel forecast is 3% lower than previously forecast. 

(c) There are no significant settlements forecast for 2013 or 2014. 

(d) YTD through May, fuel consumption is -6.3% behind 2013. The current 2014 forecast is -2.0% under 2013. 
The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Summary of all Airports 

(In Thousands) 

2014 PFC Funding Cumulative Other Project

1st Quarter Year To Date to Date Funding Accruals Total Total Bud

Total Receints & Interest Earned 

LaGuardia Airport $12,383 $12,383 $870,874 $7,682 $878,556 

J.F.K. International Airport 26,480 26,480 1,327,231 13,510 1,340,741 

Newark Liberty International Airport 16,729 16,729 1,073,340 7,200 1,080,540 

Stewart International Airport 175 175 3,224 83 3,307 

Total $55 767 $55,767 $3,274,669 $28,475 $3,303,144 

Total Expenditures 

Impose & Use 

LaGuardia Airport 3,928 3,928 244,418 78,453 3,159 326,030 319,

J.F.K. International Airport 3,254 3,254 1,830,036 593,563 4,228 2,427,827 2,732,

Newark Liberty International Airport 15,241 15,241 1,002,736 682,927 25,330 1,710,993 1,808,

Stewart International Airport 4,215 4,215 5,7

Sub-total 22,423 22,423 3,081,405 1,354,943 32,717 4,469,065 4,866,4

Impose Only 

LaGuardia Airport 149,

J.F.K. International Airport 150,

Newark Liberty International Airport 61,

Stewart International Airport ---------··-· 

Sub-total 360,

Total $22,423 $22,423 $3,081,405 $1,354,943 $32,717 $4,469,065 $5,226,4

Total Unliquidated PFCs $193,264 

Note: In May 2010, the Federal Aviation Administration (FAA) approved $573.4 million in PFC collections for additional eligible projects. It should be noted that included in 

$573.4 million is a $4 million project to upgrade the Fire Alarm System at EWR. This project replaced a project at JFK that was previously approved by the FAA for im

In September 2010, the FAA approved an Amendment which increased PFC collections for eligible projects by $55.4 million. In March 2013, the FAA has approved, a

impose PFC's for five projects and partially approved seven projects (12 projects in total) and use PFC revenue on nine of those projects. The total approved PFC reven

for these projects is $571.5 million. In July 2013, the FAA has approved authority to impose PFC revenue for the JFK Terminal3 Site Redevelopment and Capacity Im

and use PFC reveunue on that project in the amount of$215.0 mil. 

Summary 

Page 1 of 1 
The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

LaGuardia Airport 

(fn Thousands) 

Approved 

2014 PFC Funding Cumulative Othoc Project PFC F

lst Quarter Year To Date to Date Funding Accruals Total Total Budget Application 

$12,361 $12,361 $810,835 $7,682 $818,517 

lntorust Earned 22 22 60,039 60,039 

Total $12,383 $12,383 $870,874 $7,682 $878,556 

Canital Pioiect 

Impose& Use 

Planning & Pl<'lim. Eng. $0 $0 $0 $4,924 $0 $4,924 $4,800 (b) $0 

AGT • Initial Phm;e 7,553 7,553 7,000 (b) 7,553 (a) 

Sub-total Airport Access 7,553 4,924 12,477 11,800 7,553 

Crisis Command CentcriFireflghting Facility (ARFF) 464 464 58,963 21,053 93 80,109 71,055 (b) 61,655 CTB Modernization Feasibility Study 13,500 4,348 17,848 13,500 (b) 13,500 CTB Modernization Planning & Engineering 23,000 17,317 1,110 41,427 23,000 23,000 

LGA • Bollards 3,316 3,316 19,746 16,428 908 37,082 32,511 (b) 23,537 LGA- Perimeter Security Project 36,000 6,764 831 43,595 36,000 (b) 36,000 (c) 

Runway 4- and 31 Decks Safety Overrun 146 146 2,939 5,484 217 8,640 22,800 22,800 Runway Rehabilitation Project· 13/31 and 4/12 71,611 2,135 73,746 77,550 77,550 

Sub-total 3,926 3,926 73,529 3,159 302,447 276,416 258,042 

Financing 

Imnose&Use 

Crisis Command Centor/Fiidighting Facility (ARFF) 2 2 3,245 3,245 CTB Modernization feasibility Study 2 2 1,500 1,500 CTB Modemi<:ation Feasibility Planning &Engineering 2,000 2,000 

LGA - Bollards 1,239 1,239 LOA· Perimeter Security Project 2,000 2,000 

Runway 4 and 31 Decks Safety 1,200 1,200 

.Runway RuhabilitationProject· 13/31 and 4122 555 555 6,450 6,450 

Sub-total 559 559 17,634 17,634 

Operating Costs 

Imnose& Use 

Mandated Security Costs 10,224 10,224 12,499 10,224 PFC Planning & Program Administration 2 2 323 323 895 895 

Sub-total 2 2 10,547 10,547 13,394 11,119 

Total Use 3,928 3,928 244,418 78,453 3,159 326,030 319,244 294,348 

Impose Only 

Runway 4 and 31 Decks Safety Overrun 149 000 137,895 

Sub-total 149,000 137,895 

Total $3,928 $3,928 $244,418 $78,453 $3,159 $326,030 $468,244 $432,243 

Total Unliquidated PFCs $626,456 

(•) The approved PFC application combining both LGA & JFK totaled $14.0 millior 

(b) Total budgeted project costs represent only the PFC eligible dollar amounts contained in the PFC application approved in Janmuy 

(<) In April 2012, the FAA approved an Amendment which increased PFC collections for LGA Perimeter Intrusion Detection System projects by 28 mil!:i( 

LGA 

Page 1 of 1 

- --·-

--
2014 PFC Funding 

1st Quarter Year To Date 

PFC Receipts $26,436 $26,436 

Interest Earned* 44 44 

Total $26,480 ~480 Can ita! Project Exl!enditures 

Impose & Use 

JFK Light Rail System 

Jamaica $0 $0 

Howard Beach 

Central Terminal Area 

Planning & Pre. Eng. 

AGT • Initial Phase 

Sub-total A.irtrain 

Delta T3/T4 Redevelopment Demo & Paving 115 115 

Demo of Hanger 12 & Building 94 Infrastructur~:: Study and Preliminary Design to Accorr 

JFK Bollards 2,188 2,188 

JFK ~Perimeter s~curity Project JFK~Rehabilitation of Taxiway P 

Planning for Centralized De-icing Facility 

Reconstruction and Strengthening of Taxiways A and 

Rehabilitation and Widening ofR!W 13R~31L 782 782 

Relocation and Rehabilitation of Taxiway A and Reha 

Runway 13L~3lRRehahilitation Project 

Sub-total 3,085 3,085 

Financing Costs 

Imnose& Use 

Demo ofHanger l2 & Building 94 

Infrastrucrure Study and Prelim Design to Accom 

JFK Bollards 

JFK ~Perimeter Security Project 

Planning for Centralized De-icing Fa1.'ility 

Reconstruction and Strengthening of Taxiways A and 

Rehabilitation and Widening ofR!W 13R-31L 

Rehabilitation ofTaxiway P 

Relocation and Rehabilitation of Taxiway A and Reha 

Runway 13L-31RRehabilitation Project 

Sub-total 

The Port Authority of New York and New Jersey 

Cumulative 

to Date 

$1,292,188 

35,043 

$1,327,231 

$328,941 

563,284 

421,200 

6,447 

1,319,872 

45,219 

750 

4,136 

20,449 

35,500 

1,900 

32 

31,844 

218,700 

89,926 

27,097 

475,553 

300 

74 

663 

1,037 

Passenger Facility Charge Program 

Schedule of Revenue And Expenditures 

John F. Kennedy International Airport 

Other 

Funding 

$267,525 

98,659 

40,066 

40,065 

606 

446,921 

9,751 

554 

288 

1,230 

21,159 

29,349 

1 

295 

55,006 

23,593 

5,416 

146,642 

(In Thousands) 

Accmals 

$13,510 

$13,510 

$0 

22 

2,676 

1,017 

411 

102 

4,228 

JFK 

Page 1 of 2 

Total 

$1,305,698 

35,043 

$1,340,741 

$596,466 

661,943 

461,266 

40,065 

7,053 

1,766,793 

54,992 

1,304 

4,424 

24,355 

57,676 

31,660 

33 

32,139 

273,808 

113,519 

32,513 

626,423 

300 

74 

663 

1,037 

Approverl PFC 

Project PFC Funding E

Total Budget Application % F

$840,300 $334,000 (c) 57% 

485,000 (b) 565,000 (c) 76% 

509,700 421,200 (c) 83% 

31,200 (b) -% 

7,000 (b) 6,447 (a) 91% 

1,873,200 1,326,647 1

215,000 215,000 100% 

750 750 100% 

5,000 5,000 100% 

57,000 57,000 100% 

35,500 (b) 35,500 65% 

1,900 1,900 6% 

950 950 3% 

39,700 39,700 100% 

317,754 289,000 79% 

89,926 (b) 89,926 80% 

26,354 (b) 27,097 57% 

789,834 761,823 ~9

750 750 100% 

~% 

3,000 3,000 100% 

9,500 9,500 100% 

50 50 100% 

300 300 100% 

16,000 16,000 100% 

100 100 100% 

74 74 100% 

2,400 2,400 100% 

32,174 32,174 
Operating Costs 

Impose& Use 

Demo ofHanger 12 & Building 94 

Mandated Secmity Costs 

PFC Planning & Program Administration 

Sub-total ~ Impose Only 

Rehabilitation OfRunway 4L-22R Phase II 

Sub-tutal 

Tutal 

2014 

1st Quarter 

167 

2 

169 

3,254 

$3,254 

PFC Funding 

Year To Date 

167 

2 

169 

3,254 

$3,254 

Total Unliquidated PFCs 

Interest earned also includes fair market valuatiun ofinvestment1 

(a) The approved PFC application combining both LGA & JFK totaled $14 rnillior 

The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue And Expenditures 

John F. Kennedy International Airport 

Cumulative 

to Date 

13,277 

19,976 

321 

33,574 

1,830,036 

$1,830,036 

($502,805) 

Other 

Funding 

593,563 

$593,563 

(In Thousands) 

Accruals Total 

13,277 

19,976 

321 

33,574 

4,228 2,427,827 

$4,228 $2,427,827 

(b) Total budgeted project costs represent only the PFC eligible dollar amotmts contained in the PFC application approved in January 2006. 

Project 

Total Budget 

13,500 

22,871 

1,277 

37,648 

2,732,856 

150,000 

150,000 

$2,882,856 

{c) In October 2003, the FAA approved $172.2 million in additional Passenger Facility Charges, increasing the previously authorized $1,148 million JFK Air Train program by 15 

Subsequently, in December 2008, the FAA approved the re-allocation of certain PFC authorized dollar amounts within the various JFK Air Train project cumponent 

The total Passenger Facility Charge authorized dollar amount did not change 

JFK 

Page 2 of2 

Approved 

PFC 

Application 

13,500 

19,976 

1,277 

34,'753 

2,155,397 

150,000 

150,000 

$2,305,397 

PFC 

Funding 

% 

100% 

87% 

100% 

33% 

E

F

~6

2

~0

$
PFC Receipts 

Interest Earned 

Total 

Capital Project Expenditures 

Impose & Use 

EWR -Monorru1 

EWR Landside Access 

Monorail Northeast Corridor 

Transit- Initial Phase 

Sub-total Airport Access 

Airfield Expansion Project 

Delay Reduction 

Delay Reduction Phase II- Planning 

Electrical Distribution & Substation Improvements 

EWR - Bol\ards 

EWR- Perimeter Security Project 

EWR-Rehabilitation of Taxiway p 

Fire Alarm Upgrade 

Improvement to Runway Safety Area 

Modernization of Terminal B 

North Area Roadway Improvements 

Project to Plan for Expanded Terminal A 

Rehabilitation ofRooway 4L-22R 

Rehabilitation of Runway 4R-22L 

Relocate Brewster Road & SiteworkPreparation For EMAS 

Runway !Taxiway Pavement Rehabilitation Project- 4L/22R 

Runway /Taxiway Pavement Rehabilitation Project - 4R/22L 

Runway /Taxiway Pavement Rehabilitation Project- P 

Runway Extension Drainage Infrastructure 

Terminal A Redevelopment-Phase II Planning 

Upgrade Navigational Aids RJW 22R- 221- 4L 

Vertical Circulation in Tenninal A 

Sub-total 

Financing Costs 

Impose& Use 

The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Newark Liberty International Airport 

(In Thousands) 

2014 PFC Funding Cumulative Othec 

lstQuarter YearToDate toDate Funding 

$16,698 

31 

$16,729 

$0 

3 

779 

2,578 

30 

4,847 

778 

752 

5,454 

19 

15,240 

$16,698 

31 

$16,729 

$0 

3 

779 

2,578 

30 

4,847 

778 

752 

5,454 

19 

15,240 

$1,076,730 

(3,390) 

$1,073,340 

$100,000 

50,000 

250,000 

7,000 

407,000 

84,210 

421 

2,606 

28,467 

25,000 

18,329 

2,603 

12,000 

147,975 

9,934 

19,000 

7,058 

40,853 

10,138 

13,977 

23,295 

14,115 

29,160 

26,957 

18,000 

10,930 

545,028 

$261,800 

33,067 

149,025 

443,892 

74,455 

155 

1,144 

15,226 

10,744 

465 

1,030 

74,148 

20,999 

2,704 

5,879 

572 

1,105 

767 

551 

212 

19,317 

6,315 

3,095 

152 

239,035 

EWR 

Page 1 of2 

Accruals 

$7,200 

$7,200 

$0 

150 

732 

1,052 

4,362 

328 

3,830 

541 

12,058 

289 

393 

317 

1,049 

229 

25,330 

Total 

$1,083,930 

(3,390) 

~ 

$361,800 

83,067 

399,025 

7,000 

850,892 

158,665 

421 

2,911 

30,343 

41,278 

33,435 

3,396 

13,030 

225,953 

31,474 

21,704 

24,995 

41,714 

11,636 

14,744 

23,846 

14,327 

48,477 

33,589 

22,144 

11,311 

809,393 

Project 

Total Budget 

Approved 

PFC 

Application 

$338,100 (b) $100,000 

95,400 

415,000 

7,000 

855,500 

164,180 

42,750 

4,750 

61,000 

35,530 

25,000 (b) 

26,062 

3,200 (b) 

12,000 (b) 

193,475 (b) 

9,934 (b) 

19,000 (b) 

44,332 

44,336 

20,624 

13,977 (b) 

23,523 (b) 

14,238 (b) 

29,160 (b) 

28,500 (b) 

18,000 (b) 

29,000 

862,571 

50,000 

250,000 

7,000 

407,000 

84,210 

42,750 

4,750 

61,000 

35,530 

25,000 

18,329 

3,200 

12,000 

147,975 

9,934 

19,000 

42,425 

42,350 

20,624 

13,977 

23,523 

14,238 

29,160 

28,500 

18,000 

29,000 

725,475 
The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Newark Liberty International Airport 

{In Thousands) 

Approved 

2014 PFC Funding Cumulative Other Project PFC 

1st Quarter Year To Date to Date Funding Accruals Total Total Budget Application 

Airfield Expansion Project 790 790 790 790 

Delay Reduction 2,250 2,250 

Delay Reduction Phase II- Planning 250 250 

EWR- Bollard 1,870 1,870 

EWR- Perimeter Security Project 5,000 5,000 

Fire Alann Upgrade 800 800 

tmprovement to Runway Safety Area 

Modernization of Terminal B 7,525 7,525 

North Area Roadway Improvements 500 500 

Project to Plan for Expanded Term A 1 1 1,000 1,000 

Runway/Taxiway Pavement Rehab Proj- 4L!22R 399 399 550 550 

Runway/Taxiway Pavement Rehab Proj 4R/22L 653 653 850 850 

Runway/Taxiway Pavement Rehab Proj- P 396 396 600 600 

Runway Extension Drainage Infrastructure 840 840 840 840 

Terminal A Redevelopment-Phase II Planning 1,500 1,500 

Upgrade Navigational Aids RfW 22R- 22L- 41 2,000 2,000 

Rehabilitation of Runway 4R-22L 1,914 1,914 

Rehabilitation of Runway 4L-22R 1,918 1,918 

EWR-Rehabilitation of Taxiway P 1,438 1,438 

Relocate Brewster Road & Sitework Preparation For EMAS 1,085 1,085 

Electrical Distribution & Substation Improvements 3,211 3,211 

Vertical Circulation in Terminal A 2,000 2,000 

Sub-total 3,079 3,079 ~891 37,891 

Operating Costs 

]moose & Use 

Northeast Corridor- Type A Amendment 37,500 37,500 37,500 37,500 

Mandated Security Costs 9,816 9,816 14,344 9,816 

PFC Planning & Program Administration 1 1 313 313 819 819 

Sub-total 1 1 47,629 47,629 52,663 __ 48,135 

Total Use 15,241 15,241 1,002,736 682,927 25,330 1,710,993 1,808,625 1,218,501 

Impose Only 

Delay Reduction Phase II - construction 61,000 56,842 

Sub-total 61,000 56,842 

-

Total $15~ $15,241 $1,002,736 $682,927 $25,330 $1,710,993 $1,869,625 $1,275,343 

Total Unliquidated PFCs $70,604 

(a) In March 2005, the FAA approved $20.0 million in additional Passenger Facility Charges for the reimbursement of annual interest due on 

Port Authority consolidated bonds issued to fund the North East Corridor (NEC) Connection. In June 2008, the FAA approved an additional 

$17.5 million under this Type A Amendment for approved PFC application. 

(b) Total budgeted project costs represent only the PFC eligible dollar amounts contained in the PFC application approved in January 2006. 

EWR 

Page2 of2 
The Port Authority of New York and New Jersey 

2014 PFC Funding 

1st Quarter Year To Date 

PFC Receipts $175 $175 

Interest Earned * 

Total $175 $175 

Cauital Project Exuenditures 

Imvose & Use 

$0 $0 

Sub-total 

Financing Costs 

Impose & Use 

Snow Removal & Safty Equipment 

PFC Planning & Program Administration 

Sub-total 

Operating Costs 

Impose & Use 

Snow Removal & Safty Equipment 

PFC Planning & Program Administration 

Sub-total 

Total Use 

Impose Only 

Total $0 $0 

Total Unliquidated PFCs 

* Interest earned also includes fair market valuation of investments. 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Stewart International Airport 

Cumulative 

to Date 

$3,211 

13 

$3,224 

$0 

4,215 

4,215 

__ 4_,215 

$4,215 

($991) 

(In Thousands) 

Other 

Funding 

$0 

$0 

SWF 

Page 1 of 1 

Accruals 

$83 

$83 

$0 

$0 

Total 

$3,294 

13 

,.E307 

$0 

4,215 

4,215 

4,215 

$4,215 

Approved P

Project PFC Fu

Total Budget Application 

$0 $0 

290 290 

290 290 

5,437 5,437 

9 9 

5,446 5,446 

5,736 5,736 

$5,736 $5,736 
The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Summary of all Airports 

(In Thousands) 

2013 PFCFunding Cumulative Other Pr

4th Quarter Year To Date to Date Funding Accruals Total Tota

Total Receints & Interest Earned 

LaGuardia Airport $15,006 $54,283 $858,491 $5,626 $864,117 

J.F.K. International Airport 26,327 100,516 1,300,751 10,645 1,311,396 

Newark Liberty International Airport 20,371 67,650 1,056,611 5,093 1,061,704 

Stewart International Airport 187 671 3,049 74 3,123 

Total $61,891 $223,120 $3,218,902 $21,438 $3,240,340 

Total Expenditures 

Imnose & Use 

LaGuardia Airport 4,446 19,932 240,490 74,440 6,344 321,274 

J.FX. International Airport 51,935 62,776 1,826,782 583,755 5,677 2,416,214 2,

Newark Liberty International Airport 14,891 92,713 987,495 676,182 17,427 1,681,104 1,

Stewart International Airport 4,215 4,215 

Sub~ total 71,272 175,421 3,058,982 1,334,377 29,448 4,422,807 4,

Impose Only 

LaGuardia Airport 

J.F .K. International Airport 

Newark Liberty International Airport 

Stewart International Airport Sub~total 

Total $71,272 $175,421 $3,058,982 $1,334,377 $29,448 $4,422,807 $5,

Total Unliquidated PFCs $159,920 

Note: In May 2010, the Federal Aviation Administration (FAA) approved $573A million in PFC collections for additional eligible projects. It should be noted that :included in t

$573.4 million is a $4 million project to upgrade the Fire Alarm System at EWR. This project replaced a project at JFK that was previously approved by the FAA for imp

In September 2010, the FAA approved an Amendment which increased PFC collections for eligible projects by $55.4 million. In March 2013, the FAA has approved. au

impose PFC's for five projects and partially approved seven projects (12 projects in total) and use PFC revenue on nine of those projects. The total approved PFC revenue 

for these projects is $571.5 million. In July 2013, the FAA has approved authority to impose PFC revenue for the JFK Terminal3 Site Redevelopment and Capacity Impr

and use PFC reveunue on that project in the amount of$215.0 mil. 

Summary 

Page 1 of 1 
The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

LaGuardia Airport 

(In Thousands) 

Approved P

2013 PFCFunding Cumulative Other Project PFC Fu

4th Quarter Year To Date to Date Funding Accruals Total Total Budget Application 

PFCReceipts $15,006 $54,283 $798,474 $5,626 $804,100 

Interest Earned 60,017 60,017 

Total $15,006 $54,283 $858,491 $5,626 ~117 

Capital Project Exi!enditu[!:~ 

Impose&Use 

Planning & Prelim. Eng. $0 $0 $0 $4,924 $0 $4,924 $4,800 (b) $0 

AGT Initial Phase 7,553 7,553 7,000 (b) 7,553 (a) 

Sub-total Allport Access 7,553 4,924 12,477 11,800 7,553 

Crisis Command Center/Firefighting Facility (ARFF) 55 2,294 58,499 21,239 278 80,016 71,055 (b) 61,655 

CTB Modernization Feasibility Study 13,500 4,266 206 17,972 13,500 (b) 13,500 

CTB Modernization Planning & Engineering 1,568 5,335 23,000 15,152 1,923 40,075 23,000 23,000 

LGA -:Bollards 2,476 8,456 16,429 17,206 2,709 36,344 32,511 (b) 23,537 

LGA- Perimeter Security Project 680 36,000 5,761 743 42,504 36,000 (b) 36,000 (c) 

Rumvay 4 and 31 Decks Safety Overrun 140 2,793 2,793 3,757 485 7,035 22,800 22,800 

Runway Rehabilitation Project- 13/3 I and 4122 187 328 71,611 2,135 73,746 77,550 77,550 

Sub-total 4,426 19,886 221,832 69,516 6,344 297,692 276,416 ~042 

Financing Costs 

Impose& Use 

Crisis Command Center!FirefighLing Facility (ARFF) 2 2 3,245 3,245 

CTB Modernization Feasibility Study 2 2 1,500 1,500 

CTB Modernization Feasibility Planning & Engineering 2,000 2,000 

LGA-:Bollards 1,239 1,239 

LGA- Perimeter Security Project 2,000 2,000 

Runway 4 and 31 Decks Safety Ovemm 1,200 1,200 

Runway Rehabilitation Project - 13131 and 4121 555 555 6,450 6,450 

Sub-total 559 559 17,634 17,634 

Operating ClJsts 

Impose & Use 

Mandated Security Costs 10,224 10,224 12,499 10,224 

PFC Planning & Program Administration 20 46 322 322 895 895 

Sub-total 20 46 10,546 10,546 13,394 11,119 

:I!l.ta!.1.!tt. 4,446 19,932 240,490 74,440 6,344 321,274 319,244 294,348 

Impose Only 

Runway 4 and 31 Decks Safety Ovemm 149,000 137 895 

Sub-total 149,000 137,895 

Total $4446 $19,932 $240,490 $74,440 $6,344 $321,274 $468,244 $432,243 

Total Unliquidated PFCs $618,001 

(o) The approved PFC application combining both LGA & JFK totaled $14.0 million. 

(b) Total budgeted project costs represent only the PFC eligible dollar amounts contained in the PFC application approved in January 2006. 

(<) In Apri120 12, the FAA approved an Amendment which increased PFC collections fur LGA Perimeter Intrusion Detection System projects by 28 million. 

LGA 

Page 1 of 1 
2013 

4th Quarter 

PFC Receipts $26,256 

Interest Earned * 71 

ToW $26,327 

Capital Project Expenditures 

Impose& Use 

JFK Light Rail System 

Jamaica $0 

Howard Beach 

Central Terminal Area 

Planning & Pre. Eng. 

AGT- Initial Phase 

Sub-total Airtmin 

Delta T3fr4 Redevelopment Demo & Paving 45,104 

Demo ofHanger 12 & Building 94 637 

Infrastructure Study and Preliminary Design to Accommodate a New Terminal 

JFK- Bollards 5,975 

JFK- Perimet~r Security Project 

JFK-Rehabilitatiou ofTaxiway P 

Planning for Centralized De-icing Facility 

Reconstruction and Strengthening of Taxiways A and B Bridges 

Rehabilitation and Widening ofRJW 13R-31L 165 

Relocation and Rehabilitation ofTaxiway A and Rehabilitation ofTaxiway B 

Runway 13L-3IR Rehabilitation Project 

Sub-total 51,881 

Financing Costs 

Impose& Use 

Demo of Hanger 12 & Building 94 

Infrastructure Study and Prelim Design to Accom 

JFK- Bollards 

1FK • Perimeter Security Project 

Planning for Centralized De-icing Facility 

Reconstruction and Strengthl.'lning ofTaxiways A and B Bridges 

Rehabilitation and Wid~ning ofR/W I3R-31L 

Rehabilitation ofTaxiway P 

Relocation and Rehabilitation of Taxiway A and Rehabilitation ofTaxiway B 

Runway 13L-31R Rehabilitation Project 

Sub-total 

The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue And Expenditures 

John F. Kennedy International Airport 

PFC Funding 

Year To Date 

$100,266 

250 

$100,516 

$0 

45,104 

750 

14,169 

1,900 

32 

825 

62,780 

(In Thousands) 

Cumulative OthO< 

to Date Fwding 

$1,265,752 

34,999 

$1,300,751 

$328,941 $267,507 

563,284 98,659 

421,200 40,066 

40,065 

6,447 606 

1,319,872 446,903 

45,104 2,296 

750 438 

4,136 286 

18,261 222 

35,500 19,525 

1,900 29,233 

32 1 

31,844 295 

217,918 55,598 

89,926 23,593 

27,097 5,416 

472,468 136,905 

300 

74 

663 

1,037 

JFK 

Page 1 of 2 

Accruals 

$10,645 

$10,645 

$0 

77 

16 

3,798 

1,325 

349 

112 

5,677 

Approved 

Project PFC 

Total Total Budget Application 

$1,276,397 

34,999 ~396 $596,448 $840,300 $334,000 (t

661,943 485,000 (b) 565,000 (t:

461,266 509,700 421,200 (~:

40,065 31,200 (b) 

7,053 7,000 (b) 6,447 (a

1,766,775 1,873,200 1,326,647 

47,477 215,000 215,000 

1,204 750 750 

4,424 5,000 5,000 

22,281 57,000 57,000 

56,350 35,500 (b) 35,500 

31,482 1,900 1,900 

33 950 950 

32,139 39,700 39,700 

273,628 317,754 289,000 

113,519 89,926 (b) 89,926 

32,513 26,354 (b) 27,097 

615,050 789,834 761,823 

750 750 

3,000 3,000 

9,500 9,500 

50 50 

300 300 300 

16,000 16,000 

100 100 

74 74 74 

663 2,400 2,400 

1,037 32,174 32,174 
Operating Co!!ts 

Impose& Use 

Demo ofHanger 12 & Building 94 

Mandated Security Costs PFC Planning & Progrl!III Administration 

Sub-total 

Total Use 

Impose Only 

Rehabilitation Of Runway 4L-22R Phase II 

Sub-total 

ToW 

2013 

4th Quarter 

34 

20 

54 

51,935 

$51,935 

The Port Authority of New York and New Jersey 

Passenger Facility Cllarge Program 

Schedule of Revenue And Expenditures 

John F. Kennedy International Airport 

PFC Funding 

Year To Date 

(55) 

51 

(4) 

62,776 

$62,776 

(In Thousanc!s) 

Cumulative 

to Date 

13,110 19,976 

319 

33,405 

1,826,782 

$1,826,782 

Other 

Funding 

(34) 

(19) (53) 

583,755 

$583,755 

Accruals 

5,677 

$5,677 

Total Unliquidated PFCs ($526,031) 

Interest earned also includes fair market valuation of investments. 

(a) The approved PFC application combining both LGA & JFK totaled $14 rrrillion. 

(b) Total budgeted project costs represent only the PFC eligible dollar amounts contained in the PFC application approved in January 2006. 

Tom! 

13,076 19,976 

300 

33,352 

2,416,214 

$2,416,214 

(c) In October 2003, the FAA approved $172.2 million in additional Passenger Facility Charges, increasing the previously authorized $1,148 million JFK Air Train program by 15%. 

Subsequently, in December 2008, the FAA approved the re-allocation of certain PFC authorized dollar amounts within the various JFK Air Train project components. 

The total Passenger Facility Charge authorized dollar amount did not change. 

JFK 

Page2of2 

Project 

Total Budget 

13,500 

22,871 

1,277 

37,648 

2,732,856 

150,000 150,000 

$2,882,856 

Approved 

PFC 

Application 

13,500 19,976 

1,277 

34,753 

2,155,397 

150,000 150,000 

$2,305,397 
PFC Receipts 

Interest Earned 

Total 

Capital Project Expenditures 

hnpose & Use 

EWR -Monorail EWR Landside Access 

Monorail Northeast Corridor 

Transit- Initial Phase 

Sub-total Airport Access 

Airfield Expansion Project 

Delay Reduction Delay Reduction Phase II- Planning 

Electrical Distribution & Substation Improvements 

EWR- Bollards EWR- Perimeter Security Project 

EVVR-Rehabilitation of Taxiway P 

Fire Alarm Upgrade 

Improvement to Runway Safety Area 

Modernization ofTenninal B 

North Area Roadway Improvements 

Project to Plan for Expanded Terminal A 

Rehabilitation ofRunway 4L-22R 

Rehabilitation ofRunway 4R-22L Relocate Brewster Road & Sitework Preparation For EMAS 

Runway /Taxiway Pavement Rehabilitation Project- 4U22R 

Runway !Taxiway Pavement Rehabilitation Project- 4R/22L 

Runway /Taxiway Pavement Rehabilitation Project- P Runway Extension Drainage Infrastructure 

Tenninal A Redevelopment-Phase II Planning 

Upgrade Navigational Aids RJW 22R - 22L- 4L 

Vertical Circulation in Tenninal A 

Sub-total 

Financing Costs 

Impose & Use 

The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Newark Uberty International Airport 

(In Thousands) 

2013 PFC Funding Cumulative 

to Date 

Oth" 

4th Quarter Year To Date Funding 

$20,371 $20,371 

$0 

2 

219 

4,072 

4,576 

56 

978 

433 

3,546 

930 

60 

14,872 

$67,650 $67,650 

$0 

208 

1,827 

12,255 18,329 

431 

2,211 

40,076 

9,386 

7,415 

530 

92,668 

$1,060,032 

(3,421) 

$1,056,611 

$100,000 

50,000 

250,000 

7,000 

407,000 

84,210 

418 

1,827 

25,889 25,000 

18,329 

2,572 

12,000 

147,975 

9,934 

19,000 

2,211 

40,076 

9,386 

13,977 

23,295 

14,115 

29,160 21,503 

18,000 10,911 

529,788 

$261,800 

33,067 

149,025 

443,892 

74,455 

117 

2,094 

14,551 

8,124 

297 

1,030 

72,957 

20,598 

2,697 

526 

331 

824 

767 

551 

212 

19,317 

9,724 

3,054 

64 

232,290 

EWR 

Page 1 of2 

Accruals 

$5,093 $5,093 

$0 

71 

1,481 

421 

1,813 

458 

4,308 

858 

3 

5,104 

1,128 

370 

194 

1,020 

198 

17,427 

ToW 

$1,065,125 

(3,421) 

$1,061,704 

$361,800 

83,067 

399,025 

7,000 

850,892 

158,665 

418 

2,015 

29,464 

39,972 

28,266 

3,327 

13,030 

225,240 

31,390 

21,700 

7,841 

41,535 

10,580 14,744 

23,846 

14,327 

48,477 

31,421 

22,074 

11,173 

779,505 

Project 

Total Budget 

Approve

PFC 

Applicatio

$338,100 (b) $100,00

95,400 50,00

415,000 

7,000 

855,500 

164,180 

42,750 

4,750 

61,000 

35,530 

25,000 (b) 26,062 

3,200 (b) 

12,000 (b) 

193,475 (b) 

9,934 (b) 

19,000 (b) 

44,332 44,336 

20,624 

13,977 (b) 

23,523 (b) 

14,238 (b) 

29,160 (b) 

28,500 (b) 

18,000 (b) 

29,000 

862,571 

250,00

7,00

407,00

84,21

42,75

4,75

61,0035,53

25,00

18,32

3,20

12,00

147,97

9,93

19,00

42,42

42,35

20,62

13,97

23,52

14,23

29,1628,50

18,00

29,00

725,47
The Port Authority of New York and New Jersey 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Newark Liberty International Airport 

(In Thousands) 

Approved 

2013 PFC Funding Cumulative Other Project PFC 

4th Quarter Year To Date to Date Funding Accruals Total Total Budget Application 

Airfield Expansion Project 790 790 790 790 

Delay Reduction 2,250 2,250 

Delay Reduction Phase ll- Planning 250 250 

EWR-Bollard 1,870 1,870 

EWR- Perimeter Security Project 5,000 5,000 

Fire Alarm Upgrade 800 800 

Improvement to Runway Safety Area 

Modernization of Terminal B 7,525 7,525 

North Area Roadway Improvements sao 500 

Project to Plan for Expanded Term A 1 1 1,000 1,000 

Runwayffaxiway Pavement Rehab Proj - 4U22R 399 399 550 550 

Runway/Taxiway Pavement Rehab Proj - 4R/22L 653 653 850 850 

Runway/Taxiway Pavement Rehab Proj - P 396 396 600 600 

Runway Extension Drainage Infrastructure 840 840 840 840 

Terminal A Redevelopment-Phase II Planning 1,500 1,500 

Upgrade Navigational Aids RIW 22R- 22L 4L 2,000 2,000 

Rehabilitation ofRunway4R-22L 1,914 1,914 

Rehabilitation of Runway 4L-22R 1,918 1,918 

EWR-Rehabilitation ofTaxiwayP 1,438 1,438 

Relocate Brewster Road & Sitework Preparation For EMAS 1,085 1,085 

Electrical Distribution & Substation Improvements 3,211 3,211 

Vertical Circulation in Terminal A 2,000 2,000 

Sub-total ___ 3,079 3,079 37,891 37,891 

Operating Costs 

Impose& Use 

Northeast Corridor- Type A Amendment 37,500 37,500 37,500 37,500 

Mandated Security Costs 9,816 9,816 14,344 9,816 

PFC Planning & Program Administration 19 45 312 312 819 819 

Sub-total 19 45 47,628 47,628 52,663 48,135 

Total Usc 14,891 92,713 987,495 676,162 17,427 1,681,104 1,808,625 1,218,501 

Impose Only 

Delay Reduction Phase II- construction 61,000 56,842 

Sub-total 61,000 56,842 

Total $14,891 $92,713 $987,495 $676,182 $17,427 $1,681,104 $1,869,625 $1,275,34

Total Unliquidated PFCs $69,116 

(a) In March 2005, the FAA approved $20.0 million in additional Passenger Facility Charges for the reimbursement of annual interest due on 

Port Authority consolidated bonds issued to fund the North East Corridor (NEC) Connection. In June 2008, the FAA approved an additional 

$17.5 million under this Type A Amendment for approved PFC application. 

(b) Total budgeted project costs represent only the PFC eligible dollar amounts contained in thePFC application approved in January 2006. 

EWR 

Page 2 of 2 

-

-·--
The Port Authority of New York and New Jersey 

2013 PFCFunding 

4th Quarter Year To Date 

PFC Receipts $187 $671 

Interest Earned * 

Total $187 $671 

Cai!ital Project Exuenditures 

Impose& Use 

$0 $0 

Sub~total 

Financing Costs 

lmf.!ose & Use 

Snow Removal & Safty Equipment 

PFC Plarming & Program Administration 

Sub~ total 

Operating Costs 

Impose & lJsc 

Snow Removal & Safty Equipment 

PFC Planning & Program Administration 

Sub-total 

Total Use 

Impose Onlv 

Total $0 $0 

Total Unliquidated PFCs 

* Interest earned also includes fair market valuation of investments. 

Passenger Facility Charge Program 

Schedule of Revenue and Expenditures 

Stewart International Airport 

Cumulative 

to Date 

$3,036 

13 

$3,049 

$0 

4,215 

4,215 

4,215 

$4,215 

($1 '166) 

(In Thousands) 

Other 

Funding 

$0 

$0 

SWF 

Page 1 of 1 

Accruals 

$74 

$74 

$0 

$0 

Total 

$3,110 

13 

$3,123 

$0 

4,215 

4,215 

4,215 

$4,215 

Approved 

Project PFC F

Total Budget Application 

$0 $0 

290 290 

290 290 

5,437 5,437 

9 9 

5,446 __ 5,446 

5,736 5,736 

$5,736 $5,736