Department: Falcon Field Airport
Business Objective: Falcon Field Airport
Core Business Process: Economic Growth
Falcon Field provides a financially self-sustaining economic hub in the City.
- A wide variety of aviation businesses and services are available to Falcon Field's customers, creating jobs for the community.
- Falcon Field does not rely upon the City's General Fund to operate.
Key Performance Measure: Airport-Based Jobs
The total number of airport jobs, both full-time and part-time, that are located on Falcon Field Airport.
Visits are made to each on-airport business at least once within a two-year period by airport staff, who also verify the number of jobs and employees. Data is updated after each visit, so data can change throughout a given month.
- Airport job figures vary with business cycles.
- Employee counts fluctuate with the number of contracts that airport businesses secure.
- Airport business expansion & new businesses bring additional jobs.
- Some airport businesses reduced their number of employees due to the COVID-19 pandemic, but job counts have begun to recover.
More to the Story: Percent of Leasable Revenue Received
The percentage obtained by dividing total revenue received from ground leases by the total possible revenue if all lease parcels were leased, not including Falcon Technology Center.
Data is obtained from the City of Mesa's financial accounting system and is affected by the number of leases & lease rates.
The increase from 77 percent to 86 percent during FY20-21 was due to:
- New ground leases for a 23-acre hangar development, Parcel 61 and Parcel 60.
- New ground lease of Parcel 35C on the south side of the airport for a new 25,000 square-foot private hangar.
- The proportion of leased land is greater than the remaining available land for lease. There are approximately 50 acres currently remaining for development.
More to the Story: Time on the T-Hangar Wait List
The amount of time that the most recent small T-hangar tenant was on the waiting list before a hangar is rented to him/her.
This data is tracked in the airport's tenant database and can change daily as hangars and turned over and potential tenants request to be added to the waiting list.
- There are a greater number of people on the wait list due to increased demand.
- The more people there are on the wait list, the longer the wait time.