# 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 fee 2 

# charged to Complainant for use ofEWR 3 

# 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

$0.00012013 Master Lease Fee True-Up and 2014 Forecast

Fee Summary "Catch Up"

2013 2013 2014 Fee

Final Final Fee Current Effective

Fees True Up Forecast Fees 7/1/2014

(000) -

Flight Fee per 1,000 lb. $ 6.64 $ (1,686) $ 7.79 $ 7.51 $ 8.00

Monorail Fee per 1,000 $ 2.03 $ (3,178) $ 2.24 $ 2.16 $ 2.28

lb. Fuel Fee per gallon $ 0.0723 $ (1,430) $ 0.0725 $ 0.0687 $ 0.0759

Variable Airport $118,971 $ 1,914 $116,144 $ 118,971 no change

Services Fee per acre

CH & RP (millions) $ 15.453 $ 1,289 $ 16.904 $ 15.453 no change

Police -Boarding Gate $ 1,269 $ (304) $ 1,290 $ 1,437 $ 1,200

Security per tour $ (3,395)

FIS $ 14.85 $ 15.08 $ 15.75 $ 14.40

GTC $ 6.80 $ 6.88 $ 7.20 $ 6.55

lnt'l Arr Fee $ 21.65 $ 21.95 $ 22.95 $ 20.95

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** 

## 1 1 

## 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 242ll12F1NAL 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 of242013 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 24TOTAL 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 of24FFWts 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 of241erminalB2013,"''·""'"''1forTerminalB2012Final1/1/13FISFeect.cmyeCurrentTe"B2013Fu,.FISlnt'lArrlnt'lDepDomArr/Dee2012FISlnt'lArrlnt'lDepDomArr/Deg21'.!13ElSlnt'lArrlnt'lDepComArr/Dee2013:Jan-12218,300102,1071,074321,481Jan-13220,046103,0261,235324,307Jan-13214,285108,087322,372Feb-12191,85887,5481,666281,072Feb-13193,39388,3361,916283,645Feb-13171,16082,756602254,518Mar-12251,696107,4701,188360,354Mar-13253,710108,4371,366363,513Mar-13244,195112,277438356,910Apr-12274,813126,379696401,888Apr-13277,012127,516BOO405,328Apr-13252,311123,732494376,537May-12252,119131,171262383,552May-13254,136132,352301386,789May-13252,870141,791394,661Jun-12270,727139,883180410,790Jun-13272,893141,142207414,242Jun-13273,043147,261111420,415Jul-12309,680138,224254448,158Jul-13312,157139,468292451,918Jul-13306,668136,37330445,271Aug-12305,445145,781991452,217Aug-13307,889147,0931,140456,121ug-13307,081145,772452,853Sep-12260,015137,576126397,717Sep-13262,095138,814145401,054Sep-13249,063131,416121380,600Oct-12233,280123,526207357,013Oct-13259,642135,4851,944397,071Oct-13253,428136,186389,614Nov-12202,714114,42765317,206Nov-13229,063118,9591,632349,654Nov-13212,001119,264'331,265Dec-12217,264119,071313336,648Dec-13240,216123,5991,125364,940Dec-13211,646121,843223333,712Total20'li2,987,9111,473,1637,0224,468,096Tota12!J133,082,2511,504,22812,1034,598,5821Total20132,947,9511,508,7582,0194,458,728-Tote!20113,019,8181,503/!1132,9454,555,2:$0Total2012actual2,987,9111A73,1637,0224,461!,09$Total2012actual2,987,9111,473,1637,0224,468,098Changefrom20123.2%2.1%72.4%2.9%____2.4%-71.2%-0.2%JJQ12/18/2012JJQ12/3/2013T_,llB2013A,.....,II....,B2014""Fl§:lnt'lArrlnt'lDepDomArr/Deg2013FISlnt'lArrlnt'lOepComArr/Deg2014Jan214,285108,087'322,372Jan233,075111,537205344,818Feb171,16082,756602254,518Feb191,02586,1211,508278,654Mac244,195112,277438356,910Mar269,892119,915253390,060Ape252,311123,732494376,537Apr280,043150,008303430,354May252,870141,791394,661May302,384155,795142458,321Jon273,043147,261111420,415Jun339,843146,39298486,333J"'306,868138,37330445,271Jul340,079154,219138494,437A"g307,081145,772452,853Aug275,827139,031339415,197Sep249,063131,416121380,600Sep280,661144,078112424,851Oct253,428136,186389,614Oct234,782126,175113361,070Nov212,001119,264331,265Nov274,447141,481123416,050Dec247,817133,73189381,637Dec266,171138,825170405,166ITolal20132,984,1221,520,6461,8854,506,653IITolal20143,288,2291,613,5753,5054,905,310Total2012YTO2,987,9111,473,1637,0224,46s,oooITotal20132,984,1:221,5ZG,M61,8854,506,653Changefrom2012-0.1%3.2%-73.2%0.9%Changefrom201310.2%6.1%86.0%8.8%JJQ5/23/2014IrevFJSPaxPage10of24Newark 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 2014F

53,876,836 Jan 53,497,897 55,839,161 4.4% 4.4% 49,922,168

53,852,698 Feb 53,503,763 48,518,660 -9.3% -2.5% 44,798,799

57,858,776 Mar 57,440,656 57,172,453 -0.5% -1.8% 57,137,426

57,625,741 Apr 57,264,695 58,995,537 3.0% ·0.5% 54,023,512

58,455,596 May 57,963,198 59,260,989 2.2% 0.0% 58,747,156

60,178,434 Jun 59,764,653 59,424,592 -0.6% -0.1% 58,906,342

62,543,061 Jul 62,200,026 61,903,024 -0.5% -0.1% 63,350,824

63,864,628 Aug 63,567,186 61,220,663 -3.7% -0.6% 63,080,000

56,764,071 Sep 56,341,588 55,331,916 -1.8% -0.7% 54,421,773

53,582,922 Oct 53,234,000 52,255,404 -1.8% -0.8% 56,893,361

51,432,538 Nov 51,070,247 50,113,288 -1.9% -0.9% 52,046,367

55,983,613 Dec 55,575,166 54,573,158 -1.8% -1.0% 53,613,891 Forecast

Date
681,423,075

674,608,844 -1.0%

**~1:.0%** 10/5/13 666,941,619 -2.0% 5/13/14

674,608,844

-1.0% -1.0% 5/6/13 667,248,631 -2,0% 4/30/14

686,018,914 Page 11 of 24Year 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 Contracts

i eer inch i eer inch i eer inch

978,727 15,660 2,077,466 33,239 6,974,008 111,584

864,110 30,320 1,958,366 68,715 2,711,218 95,130

1,594,424 30,140 2,286,782 43,228 4,671,979 88,317

750,929 27,916 2,695,674 100,211 3,771,343 140,199

1,545,248 74,291 3,528,353 169,632 2,533,119 121,785

1,621,040 87,153 3,375,719 181,490 2,761,860 148,487

3,156,694 98,339 3,570,620 111,234 2,900,131 90,347

2,315,595 39,247 3,699,330 62,701 5,981,444 101,380

3,646,689 74,574 3,818,798 78,094 10,264,542 209,909

791,430 65,407 4,221,125 348,853 2,775,331 229,366

2,612,996 85,954 3,853,413 126,757 3,889,024 127,928

3,791,068 73,328 1,523,545 29,469 8,933,356 172,792

72,704 145,528 151,786

Updated with final land numbers Updated <---------- with 2013 land %'s Average cost I yr from 2009 - 2013: $ 13,995,927 I!1m! 12,278,769 6,910,281 11,033,859 8,302,611 9,006,404 8,808,093 11,923,426 14,872,897 22,294,441 8,724,691 12,164,183 18,798,245

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

reimbursement was credited to the fees.

Snow Page 12 of 24PRORATED 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 

### $ 11,819,625As 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 LBS 15,372,279 15,826,009

A04506

CA04 506 "' A!rTrain Mid-life Overhaul-Control &Comm.-NEC Ext 11/1/2012 '" ' /1000 LBS 8,264 230

AD4595

CA04-59S '" Airtrain NEC 13kV Feeder Rehab 12/l/2012 l5 l {1000 LBS 3 399 160

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) 28,035,669 15,826,009

A04510 Cl\04-510 360 Re lace HTHW expansion Joints-Pipe **G~lle** CHRP-A 1/1/2012 " " /s .ft. 1,923,798 1395,357

A04038

Cl\04-033 360 lnstilllatron of 4000Ton Chiller 10/1/2012 l5 ' Is .ft. 7,490,591 4.,900,000 580,243

2012

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

TOTALCHRP

{135,700) {135,700) {0.04122) {0.04122) 9,414,389 4,900,000 1,.976,100

!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 ! 9,31s,Sss I I 8,320,230 I

TOTAtFAR 190,522 190,522 24,905 2,075 24,905 0.00107 0.01)107 9,315,585 8,320,280

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 of24Asof4/24/14TOTAlA'iFTOTALPAFTOTAlCHRPTOTALFARTota!Terminal2013SigSettleTerminalBPassengerFigureRate4,634,0225.193%EWRSettlementforCostRecoveryAreas201323,159,1141,675,076142,.716760,929335,945,587106,]58,076215,856,457246,600,4354!l,733,196Page15of24A5of4/24/14TOTAl!\IlonaTOTAlOIRPTOTALFARTerminalBPassengerfigureRate4,634,0225.193%EWR·EstimatedSettlementforCostRecoveryAreas2014•Positivevaluesfurfullyamortizedlr!Vestmen!drop-ofrsofgrantapplicationsthatdonotcoincidewithsettlements,i.e.thegrantmaybefunyamortizedayearormoreafterthese!Uemant.••TotalprojectcostmayIncludepro]sctcomponantsthateratootherleasecostoenters.TPCisshownherefurlnforrna1Jonalpurposesonly.TPCIsnetcfGASB49provisions,2014SigSetl1ePage15of242013 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 <. ..> 1 UUU !,lOIIUII 

### Cost Centers: refuelers In 2014. Also previous frcst inadvertently omitted 5% lease markup. 

### Gallonage Fuel System



# 28,436~

105% of Operator Charges 

### 28,722 29,399 676 0.0013 (a) 

### 27,268 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) Approved

2014 PFC Funding Cumulative Other Projects PFC

1st Quarter Year To Date to Date Funding Accruals Total Total Budget Application

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 3,159 326,030 319,244 294,348

J.F.K. International Airport 3,254 3,254 1,830,036 593,563 4,228 2,427,827 2,732,856 2,155,397

Newark Liberty International Airport 15,241 15,241 1,002,736 682,927 25,330 1,710,993 1,808,625 1,218,501

Stewart International Airport 4,215 4,215 5,736 5,736

Sub-total 22,423 22,423 3,081,405 1,354,943 32,717 4,469,065 4,866,461 3,673,982

Impose Only LaGuardia Airport 149,000 137,895

J.F.K. International Airport 150,000 150,000

Newark Liberty International Airport 61,000 56,842

Stewart International Airport ---------··-·

Sub-total 360,000 344,737

Total $22,423 $22,423 $3,081,405 $1,354,943 $32,717 $4,469,065 $5,226,461 $4,018,719

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 the

$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 impose only.

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, authority to

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 to be collected

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 Improvements Project

and use PFC reveunue on that project in the amount of$215.0 mil. Summary

Page 1 of 1ThePortAuthorityofNewYorkandNewJerseyPassengerFacilityChargeProgramScheduleofRevenueandExpendituresLaGuardiaAirport(fnThousands)ApprovedPFC2014PFCFundingCumulativeOthocProjectPFCFundingEstimatedSt.rtEndlstQuarterYearToDatetoDateFundingAccrualsTotalTotalBudgetApplication%FinalcostDate Date$12,361$12,361$810,835$7,682$818,517lntorustEarned222260,03960,039Total$12,383$12,383$870,874$7,682$878,556CanitalPioiectImpose&UsePlanning&Pl<'lim.Eng.$0$0$0$4,924$0$4,924$4,800(b)$0$4,92401/9204/98AGT•InitialPhm;e7,5537,5537,000(b)7,553(a)100%7,55301/9204/98Sub-totalAirportAccess7,5534,92412,47711,8007,553__1_2,477CrisisCommandCentcriFireflghtingFacility(ARFF)46446458,96321,0539380,10971,055(b)61,65579%78,40405/0311/11CTBModernizationFeasibilityStudy13,5004,34817,84813,500(b)13,50085%15,86605/0312/13CTBModernizationPlanning&Engineering23,00017,3171,11041,42723,00023,00061%38,00005/0312/13LGA•Bollards3,3163,31619,74616,42890837,08232,511(b)23,53760%39,16110/0712/14LGA-PerimeterSecurityProject36,0006,76483143,59536,000(b)36,000(c)76%47,43412/0312/14Runway4-and31DecksSafetyOverrun1461462,9395,4842178,64022,80022,80011%202,07402/1212/17RunwayRehabilitationProject·13/31and4/1271,6112,13573,746 77,550 77,550100%67,30607/0512112Sub-total3,9263,92673,5293,159302,447276,416258,042486,245FinancingImnose&UseCrisisCommandCentor/FiidightingFacility(ARFF)223,245 3,245100%3,24505/0311/11CTBModernizationfeasibilityStudy221,5001,500100%1,50005/0312/13CTBModemi<:ationFeasibilityPlanning&Engineering2,0002,000100%2,00005/0312/13LGA-Bollards1,239 1,239100%1,23910/0712/14LOA·PerimeterSecurityProject2,0002,000100%2,00012/0312/14Runway4and31DecksSafety1,2001,200100%1,20002/1212/17.RunwayRuhabilitationProject·13/31and41225555556,4506,450100%6,45007/0512/12Sub-total55955917,63417,634__1_7,634OperatingCostsImnose&UseMandatedSecurityCosts10,22410,22412,49910,22482%12,49911/0109/02PFCPlanning&ProgramAdministration22323323895895100%89501/1012114Sub-total2210,54710,54713,39411,11913,394TotalUse3,9283,928244,41878,4533,159326,030319,244294,348531,750ImposeOnlyRunway4and31DecksSafetyOverrun149000137,89593%149,00002/1212/17Sub-total149,000137,895149,000Total$3,928$3,928$244,418$78,453 $3,159$326,030$468,244$432,243$680,750TotalUnliquidatedPFCs$626,456(•)TheapprovedPFCapplicationcombiningbothLGA&JFKtotaled$14.0millior(b)TotalbudgetedprojectcostsrepresentonlythePFCeligibledollaramountscontainedinthePFCapplicationapprovedinJanmuy(<)InApril2012,theFAAapprovedanAmendmentwhichincreasedPFCcollectionsforLGAPerimeterIntrusionDetectionSystemprojectsby28mil!:i(LGAPage1of1---·---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 Estimated Strut End

Total Budget Application % Final cost Dote Date

$840,300 $334,000 (c) 57% $590,000 05/98 11/05

485,000 (b) 565,000 (c) 76% 739,680 05/98 12/03

509,700 421,200 (c) 83% 508,348 05/98 12/03

31,200 (b) -% 40,065 01/92 04/98

7,000 (b) 6,447 (a) 91% 7,092 01/92 04/98

1,873,200 1,326,647 1,885,185

215,000 215,000 100% 222,926 01110 05/19

750 750 100% 750 12/08 12/11

5,000 5,000 100% 4,200 06/04 12/05

57,000 57,000 100% 39,273 10/07 01/16

35,500 (b) 35,500 65% 54,604 12/03 06/09

1,900 1,900 6% 31,541 11110 11111

950 950 3% 32,979 12/08 12/11

39,700 39,700 100% 31,809 12/02 12/07

317,754 289,000 79% 365,000 01109 01/15

89,926 (b) 89,926 80% 112,552 12/03 06/10

26,354 (b) 27,097 57% 47,292 12/03 08/09

789,834 761,823 **~926**

750 750 100% 750 12/08 12/11

**~%** 06/04 12/05

3,000 3,000 100% 3,000 10/07 01/16

9,500 9,500 100% 9,500 12/03 06109

50 50 100% 50 12/08 12/11

300 300 100% 300 12/02 12/07

16,000 16,000 100% 16,000 01/09 01/15

100 100 100% 100 11/10 11/11

74 74 100% 74 12/03 06/10

2,400 2,400 100% 2,400 12/03 08/09

32,174 32,174 32,174Operating 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% Estimated Final cost 13,500

22,871

1,277 **~648** 2,897,933 457,000 **~000** $3,354,933 Start End Date Date 12/08 12/11

11/01 09/02

01/10 12/14 07/11 06/17PFC 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

Funding
lstQuarter YearToDate toDate
$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 PPC Funding Estimated Start Fnd

% Final cost Date Date

28% $361,800 01/92 06/96

60% 83,067 01/92 12/97

62% 405,000 01/92 06/08

100% 7,000 01/92 12/97

56%

100%

100%

44%

100%

59%

67%

38%

93%

44%

31%

100%

44%

100%

100%

100%

100%

100%

62%

100%

87%

100% 856,867 151,298 12/02 07/11

29,174 01/12 12/16

4,750 08/13 12/22

137,937 11/08 06/17

31,020 04/08 12/14

42,216 06/03 01/15

27,413 06/10 06/15

8,420 01/09 12/11

12,945 12{06 10/09

337,075 02/04 05/14

31,734 01/07 07/13

19,000 12/02 12112

95,403 05!13 06/16

38,113 06/11 05/13

19,724 07/10 12/15

13,888 12/02 12/05

22,526 12/02 12/05

13,415 12/02 12105

47,036 09/02 12105

28,500 12/02 12/12

20,695 07/06 08/13

14,972 01/07 07/12

1,147,254The Port Authority of New York and New Jersey Passenger Facility Charge Program

Schedule of Revenue and Expenditures

Newark Liberty International Airport

{In Thousands) Approved PFC

2014 PFC Funding Cumulative Other Project PFC Funding Estimated Strut End

1st Quarter Year To Date to Date Funding Accruals Total Total Budget Application % Final cost Date Date

Airfield Expansion Project 790 790 790 790 100% 790 12/02 07/11

Delay Reduction 2,250 2,250 100% 2,250 01/12 12/16

Delay Reduction Phase II- Planning 250 250 100% 250 08/13 12/22

EWR- Bollard 1,870 1,870 100% 1,870 04/08 12/14

EWR- Perimeter Security Project 5,000 5,000 100% 5,000 06/03 01/15

Fire Alann Upgrade 800 800 100% 800 01/09 12/11

tmprovement to Runway Safety Area -% 12/06 10/09

Modernization of Terminal B 7,525 7,525 100% 7,525 02/04 05/14

North Area Roadway Improvements 500 500 100% 500 01/07 07/13

Project to Plan for Expanded Term A 1 1 1,000 1,000 100% 1,000 12/02 12/12

Runway/Taxiway Pavement Rehab Proj- 4L!22R 399 399 550 550 100% 550 12/02 12/05

Runway/Taxiway Pavement Rehab Proj 4R/22L 653 653 850 850 100% 850 12/02 12/05

Runway/Taxiway Pavement Rehab Proj- P 396 396 600 600 100% 600 12/02 12/05

Runway Extension Drainage Infrastructure 840 840 840 840 100% 840 09/02 12/05

Terminal A Redevelopment-Phase II Planning 1,500 1,500 100% 1,500 12/02 12/12

Upgrade Navigational Aids RfW 22R- 22L- 41 2,000 2,000 100% 2,000 07/06 08/13

Rehabilitation of Runway 4R-22L 1,914 1,914 100% 1,914 06/11 05/13

Rehabilitation of Runway 4L-22R 1,918 1,918 100% 1,918 05/13 06/16

EWR-Rehabilitation of Taxiway P 1,438 1,438 100% 1,438 06/10 06/15

Relocate Brewster Road & Sitework Preparation For EMAS 1,085 1,085 100% 1,085 07/10 12/15

Electrical Distribution & Substation Improvements 3,211 3,211 100% 3,211 11/08 06/17

Vertical Circulation in Terminal A 2,000 2,000 100% 2,000 01/07 07/12

Sub-total 3,079 3,079 **~891** 37,891 37,891

Operating Costs

]moose & Use

Northeast Corridor- Type A Amendment 37,500 37,500 37,500 37,500 (a) 100% 37,500 03/05 09/12

Mandated Security Costs 9,816 9,816 14,344 9,816 66% 14,344 11/01 09/02

PFC Planning & Program Administration 1 1 313 313 819 819 100% 819 01/10 12/14

Sub-total 1 1 47,629 47,629 52,663 __ 48,135 52,663

Total Use 15,241 15,241 1,002,736 682,927 25,330 1,710,993 1,808,625 1,218,501 **~094,675**

Impose Only

Delay Reduction Phase II - construction 61,000 56,842 199,700

Sub-total 61,000 56,842 199,700

-

Total

**$15~** $15,241 $1,002,736 $682,927 $25,330 $1,710,993 $1,869,625 $1,275,343 $2,294,375

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 of2The 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 PFC
Project PFC Funding Estimated Start End

Total Budget Application % Final cost Date Date

$0 $0 $0

290 290 290

290 290 290 5,437 5,437 100% 5,437 07/10 07115

9 9 100% 9 01/10 12/14

5,446 5,446 5,446 5,736 5,736 5,736

$5,736 $5,736 $5,736The Port Authority of New York and New Jersey Passenger Facility Charge Program

Schedule of Revenue and Expenditures Summary of all Airports

(In Thousands) Approved

2013 PFCFunding Cumulative Other Projects PFC

4th Quarter Year To Date to Date Funding Accruals Total Total Budget Application

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 6,344 321,274 319,244 294,348

J.FX. International Airport 51,935 62,776 1,826,782 583,755 5,677 2,416,214 2,732,856 2,155,397

Newark Liberty International Airport 14,891 92,713 987,495 676,182 17,427 1,681,104 1,808,625 1,218,501

Stewart International Airport 4,215 4,215 5,736 5,736

**Sub~** total 71,272 175,421 3,058,982 1,334,377 29,448 4,422,807 4,866,461 3,673,982

Impose Only LaGuardia Airport 149,000 137,895

J.F .K. International Airport 150,000 150,000

Newark Liberty International Airport 61,000 56,842

Stewart International Airport **Sub~total** 360,000 **~737**

Total $71,272 $175,421 $3,058,982 $1,334,377 $29,448 $4,422,807 $5,226,461 $4,018,719

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 the

$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 impose only.

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. authority to

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 to be collected

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 Improvements Project

and use PFC reveunue on that project in the amount of$215.0 mil. Summary

Page 1 of 1The Port Authority of New York and New Jersey Passenger Facility Charge Program

Schedule of Revenue and Expenditures

LaGuardia Airport

(In Thousands) Approved PFC

2013 PFCFunding Cumulative Other Project PFC Funding Estimated Strut End

4th Quarter Year To Date to Date Funding Accruals Total Total Budget Application % Final cost Date Date

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 $4,924 01/92 04/98

AGT Initial Phase 7,553 7,553 7,000 (b) 7,553 (a) 100% 7,553 01/92 04/98

Sub-total Allport Access 7,553 4,924 12,477 11,800 7,553 12,477

Crisis Command Center/Firefighting Facility (ARFF) 55 2,294 58,499 21,239 278 80,016 71,055 (b) 61,655 79% 78,404 05/03 11/11

CTB Modernization Feasibility Study 13,500 4,266 206 17,972 13,500 (b) 13,500 85% 15,866 05/03 12/13

CTB Modernization Planning & Engineering 1,568 5,335 23,000 15,152 1,923 40,075 23,000 23,000 61% 38,000 05/03 12113

LGA - :Bollards 2,476 8,456 16,429 17,206 2,709 36,344 32,511 (b) 23,537 60% 39,161 10/07 12/14

LGA- Perimeter Security Project 680 36,000 5,761 743 42,504 36,000 (b) 36,000 (c) 76% 47,434 12/03 12/14

Rumvay 4 and 31 Decks Safety Overrun 140 2,793 2,793 3,757 485 7,035 22,800 22,800 11% 202,074 02/12 12/17

Runway Rehabilitation Project- 13/3 I and 4122 187 328 71,611 2,135 73,746 77,550 77,550 100% 67,306 07/05 12/12

Sub-total 4,426 19,886 221,832 69,516 6,344 297,692 276,416 **~042** 488,245

Financing Costs

Impose& Use

Crisis Command Center!FirefighLing Facility (ARFF) 2 2 3,245 3,245 100% 3,245 05/03 11/11

CTB Modernization Feasibility Study 2 2 1,500 1,500 100% 1,500 05/03 12/13

CTB Modernization Feasibility Planning & Engineering 2,000 2,000 100% 2,000 05/03 12/13

LGA- :Bollards 1,239 1,239 100% 1,239 05/03 12/13

LGA- Perimeter Security Project 2,000 2,000 100% 2,000 12/03 12/14

Runway 4 and 31 Decks Safety Ovemm 1,200 1,200 100% 1,200 02/12 12/17

Runway Rehabilitation Project - 13131 and 4121 555 555 6,450 6,450 100% 6,450 07/05 12/12

Sub-total 559 559 17,634 17,634 __ 1_7,634

Operating ClJsts

Impose & Use

Mandated Security Costs 10,224 10,224 12,499 10,224 82% 12,499 11/01 09/02

PFC Planning & Program Administration 20 46 322 322 895 895 100% 895 01/10 12/14

Sub-total 20 46 10,546 10,546 13,394 11,119 __ 1_3,394

:I!l.ta!.1.!tt. 4,446 19,932 240,490 74,440 6,344 321,274 319,244 294,348 **~750**

Impose Only

Runway 4 and 31 Decks Safety Ovemm 149,000 137 895 93% 149 000 02/12 12117

Sub-total 149,000 137,895 **~000**

Total $4446 $19,932 $240,490 $74,440 $6,344 $321,274 $468,244 $432,243 $680,750

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 12013 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 PFC

Project PFC Funding Estimated Stut End

Total Total Budget Application % Final cost D•re Date

$1,276,397

34,999 **~396** $596,448 $840,300 $334,000 (t:) 57% $590,000 05/98 11/05

661,943 485,000 (b) 565,000 (t:) 76% 739,680 05/98 12{03

461,266 509,700 421,200 **(~:)** 83% 508,348 05{98 12/03

40,065 31,200 (b) -% 40,065 01/92 04198

7,053 7,000 (b) 6,447 (a) 91% 7,092 01/92 04/98

1,766,775 1,873,200 1,326,647 1,885,185

47,477 215,000 215,000 100% 222,926 01/10 05119

1,204 750 750 100% 750 12/08 12111

4,424 5,000 5,000 100% 4,200 06!04 12/05

22,281 57,000 57,000 100% 39,273 10/07 01/16

56,350 35,500 (b) 35,500 65% 54,604 12/03 06/09

31,482 1,900 1,900 6% 31,541 11/10 11/11

33 950 950 3% 32,979 12/08 12/11

32,139 39,700 39,700 100% 31,809 12/02 12/07

273,628 317,754 289,000 79% 365,000 01/09 01/15

113,519 89,926 (b) 89,926 80% 112,552 12/03 06/10

32,513 26,354 (b) 27,097 57% 47,292 12/03 08/09

615,050 789,834 761,823 **~926**

750 750 100% 750 12/08 12/11

-% 06/04 12/05

3,000 3,000 100% 3,000 10/07 01/16

9,500 9,500 100% 9,500 12103 06/09

50 50 100% 50 12/08 12/11

300 300 300 100% 300 12/02 12107

16,000 16,000 100% 16,000 01/09 01/15

100 100 100% 100 11/10 11/11

74 74 74 100% 74 12/03 06/10

663 2,400 2,400 100% 2,400 12/03 08/09

1,037 32,174 32,174 32,174OperatingCo!!tsImpose&UseDemoofHanger12&Building94MandatedSecurityCostsPFCPlanning&Progrl!IIIAdministrationSub-totalTotalUseImposeOnlyRehabilitationOfRunway4L-22RPhaseIISub-totalToW20134thQuarter34205451,935$51,935ThePortAuthorityofNewYorkandNewJerseyPassengerFacilityCllargeProgramScheduleofRevenueAndExpendituresJohnF.KennedyInternationalAirportPFCFundingYearToDate(55)51(4)62,776$62,776(InThousanc!s)CumulativetoDate13,11019,97631933,4051,826,782$1,826,782OtherFunding(34)(19)(53)583,755$583,755Accruals5,677$5,677TotalUnliquidatedPFCs($526,031)Interestearnedalsoincludesfairmarketvaluationofinvestments.(a)TheapprovedPFCapplicationcombiningbothLGA&JFKtotaled$14rrrillion.(b)TotalbudgetedprojectcostsrepresentonlythePFCeligibledollaramountscontainedinthePFCapplicationapprovedinJanuary2006.Tom!13,07619,97630033,3522,416,214$2,416,214(c)InOctober2003,theFAAapproved$172.2millioninadditionalPassengerFacilityCharges,increasingthepreviouslyauthorized$1,148millionJFKAirTrainprogramby15%.Subsequently,inDecember2008,theFAAapprovedthere-allocationofcertainPFCauthorizeddollaramountswithinthevariousJFKAirTrainprojectcomponents.ThetotalPassengerFacilityChargeauthorizeddollaramountdidnotchange.JFKPage2of2ProjectTotalBudget13,50022,8711,27737,6482,732,856150,000150,000$2,882,856ApprovedPFCApplication13,50019,9761,27734,7532,155,397150,000150,000$2,305,397PFCFunding%100%87%100%33%EstimatedFinalcost13,50022,8711,2772,897,933457,000$3,354,933StartEndDate Date12/0812/1111/0109/0201/1012/1407/1106/17PFCReceiptsInterestEarnedTotalCapitalProjectExpenditureshnpose&UseEWR-MonorailEWRLandsideAccessMonorailNortheastCorridorTransit-InitialPhaseSub-totalAirportAccessAirfieldExpansionProjectDelayReductionDelayReductionPhaseII-PlanningElectricalDistribution&SubstationImprovementsEWR-BollardsEWR-PerimeterSecurityProjectEVVR-RehabilitationofTaxiwayPFireAlarmUpgradeImprovementtoRunwaySafetyAreaModernizationofTenninalBNorthAreaRoadwayImprovementsProjecttoPlanforExpandedTerminalARehabilitationofRunway4L-22RRehabilitationofRunway4R-22LRelocateBrewsterRoad&SiteworkPreparationForEMASRunway/TaxiwayPavementRehabilitationProject-4U22RRunway!TaxiwayPavementRehabilitationProject-4R/22LRunway/TaxiwayPavementRehabilitationProject-PRunwayExtensionDrainageInfrastructureTenninalARedevelopment-PhaseIIPlanningUpgradeNavigationalAidsRJW22R-22L-4LVerticalCirculationinTenninalASub-totalFinancingCostsImpose&UseThePortAuthorityofNewYorkandNewJerseyPassengerFacilityChargeProgramScheduleofRevenueandExpendituresNewarkUbertyInternationalAirport(InThousands)2013PFCFundingCumulativetoDateOth"Funding4thQuarterYearToDate$20,371$20,371$022194,0724,576569784333,5469306014,872$67,650$67,650$02081,82712,25518,3294312,21140,0769,3867,41553092,668$1,060,032(3,421)$1,056,611$100,00050,000250,0007,000407,00084,2104181,82725,88925,00018,3292,57212,000147,9759,93419,0002,21140,0769,38613,97723,29514,11529,16021,50318,00010,911529,788$261,80033,067149,025443,89274,4551172,09414,5518,1242971,03072,95720,5982,69752633182476755121219,3179,7243,05464232,290EWRPage1of2Accruals$5,093$5,093$0711,4814211,8134584,30885835,1041,1283701941,02019817,427ToW$1,065,125(3,421)$1,061,704$361,80083,067399,0257,000850,892158,6654182,01529,46439,97228,2663,32713,030225,24031,39021,7007,84141,53510,58014,74423,84614,32748,47731,42122,07411,173779,505ProjectTotalBudgetApprovedPFCApplication$338,100(b)$100,00095,40050,000415,0007,000855,500164,18042,7504,75061,00035,53025,000(b)26,0623,200(b)12,000(b)193,475(b)9,934(b)19,000(b)44,33244,33620,62413,977(b)23,523(b)14,238(b)29,160(b)28,500(b)18,000(b)29,000862,571250,0007,000407,00084,21042,7504,75061,00035,53025,00018,3293,20012,000147,9759,93419,00042,42542,35020,62413,97723,52314,23829,16028,50018,00029,000725,475PFCFunding%28%60%52%100%56%100%100%44%100%59%67%38%93%44%31%100%44%100%100%100%100%100%62%100%87%100%EstimatedFinalcostStartEndDate Date$361,80001/9206/9683,06701/9212/97405,0007,000856,867151,29829,1744,750137,93731,02042,21627,4138,42012,945337,07531,73419,00095,40338,11319,72413,88822,52613,41547,03628,50020,69514,9721,147,25401/9206/0801/9212/9712/0207/1101/1212/1608/1312/2211/0806/1704/0812/1406/0301/1506/1006/1501/0912/1112/0610/0902/0405/1401/070711312/0212/1205/1306/1606/1105/1307/1012/1512/0212/0512/0212/0512/0212/0509/0212/0512/0212/1207/0608/1301/0707/12ThePortAuthorityofNewYorkandNewJerseyPassengerFacilityChargeProgramScheduleofRevenueandExpendituresNewarkLibertyInternationalAirport(InThousands)ApprovedPFC2013PFCFundingCumulativeOtherProjectPFCFundingEstimatedStartEnd4thQuarterYearToDatetoDateFundingAccrualsTotalTotalBudgetApplication%FinalcostDateDateAirfieldExpansionProject790790790790100%,.,12/0207/11DelayReduction2,2502,250100%2,25001/1212/16DelayReductionPhasell-Planning250250100%25008/1312/22EWR-Bollard1,8701,870100%1,87004/0812/14EWR-PerimeterSecurityProject5,0005,000100%5,00006/0301/15FireAlarmUpgrade800800100%80001/0912/11ImprovementtoRunwaySafetyArea-%12/0610/09ModernizationofTerminalB7,5257,525100%7,52502/0405/14NorthAreaRoadwayImprovementssao500100%50001/0707/13ProjecttoPlanforExpandedTermA111,0001,000100%1,00012/0212/12RunwayffaxiwayPavementRehabProj-4U22R399399550550100%55012/02 12/05Runway/TaxiwayPavementRehabProj-4R/22L653653850850100%85012/0212/05Runway/TaxiwayPavementRehabProj-P396396600600100%60012/02 12/05RunwayExtensionDrainageInfrastructure840840840840100%84009/0212/05TerminalARedevelopment-PhaseIIPlanning1,5001,500100%1,50012/0212/12UpgradeNavigationalAidsRIW22R-22L4L2,0002,000100%2,00007/0608/13RehabilitationofRunway4R-22L1,9141,914100%1,91406/1105/13RehabilitationofRunway4L-22R1,9181,918100%1,91805/1306/16EWR-RehabilitationofTaxiwayP1,4381,438100%1,43806/1006/15RelocateBrewsterRoad&SiteworkPreparationForEMAS1,0851,085100%1,06507/1012/15ElectricalDistribution&SubstationImprovements3,2113,211100%3,21111/0806/17VerticalCirculationinTerminalA2,0002,000100%2,00001/0707/12Sub-total___3,0793,07937,89137,89137,891OperatingCostsImpose&UseNortheastCorridor-TypeAAmendment37,50037,50037,50037,500(a)100%37,50003/0509/12MandatedSecurityCosts9,8169,81614,3449,81668%14,34411/0109/02PFCPlanning&ProgramAdministration1945312312819819100%81901/1012/14Sub-total194547,62847,62852,66348,13552,663TotalUsc14,89192,713987,495676,16217,4271,681,1041,808,6251,218,5012,094,675ImposeOnlyDelayReductionPhaseII-construction61,00056,842199,700Sub-total61,00056,842Total$14,891$92,713$987,495$676,182$17,427$1,681,104$1,869,625$1,275,343$2,294,375TotalUnliquidatedPFCs$69,116(a)InMarch2005,theFAAapproved$20.0millioninadditionalPassengerFacilityChargesforthereimbursementofannualinterestdueonPortAuthorityconsolidatedbondsissuedtofundtheNorthEastCorridor(NEC)Connection.InJune2008,theFAAapprovedanadditional$17.5millionunderthisTypeAAmendmentforapprovedPFCapplication.(b)TotalbudgetedprojectcostsrepresentonlythePFCeligibledollaramountscontainedinthePFCapplicationapprovedinJanuary2006.EWRPage2of2--·--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 PFC
Project PFC Funding Estimated Start End

Total

Budget Application % Final cost Date Date

$0 $0 $0

290 290 290

290 290 290

5,437 5,437 100% 5,437 07/10 07115

9

9 100% 9 01/10 12/14

5,446 __ 5,446 5,446

5,736 5,736

__ 5_,736

$5,736 $5,736 $5,736