The Gainesville-Alachua County Airport Authority (GACRAA) operates on a fiscal year basis of October 1 through September 30. GACRAA was created to operate as a self-sustaining entity, using aircraft landing fees, fees from terminal and other rentals, and revenues from concessions to fund operating expenses. Operating expenses of GACRAA are not taxpaper funded. Construction programs are funded by federal and state grants, Passenger Facility Charges (PFCs), Customer Facilitiy Charges (CFCs) and GACRAA revenues.
GACRAA's Board annually approves an Operating, Capital Outlay and Capital Projects budget. GACRAA's Board relies on the advice and recommendation of its Finance, Operations and Audit Committee.
The FY2016-2017 Budget (October 1, 2016 - September 30, 2017) was adopted by GACRAA at its meeting on September 29, 2016.
FY2014-2015 Audit Report (For the year ended September 30, 2015)
FY2013-2014 Audit Report (For the year ended September 30, 2014)