PILLAR: Sustainable
AGENDA DATE: September 9, 2026
COUNCIL DISTRICT(S): N/A
DEPARTMENT: Office of Government Affairs
PRIORITY: Transportation
______________________________________________________________________
SUBJECT
Title
A resolution to approve the Dallas Fort Worth International Airport Board’s Fiscal Year 2027 Budget - Financing: No cost consideration to the City
Body
BACKGROUND
The Dallas Fort Worth International Airport (DFW) is requesting that the Owner Cities of Dallas and Fort Worth approve its fiscal year (FY) 2027 Budget. The FY27 Budget includes increases in passengers, non-airline revenue, operating expense and debt service.
Budget highlights:
• The FY 2027 Operating Revenue and Expense Fund Budget totals $1.622 billion, consisting of $820.6 million in operating expenses, $801.8 million in debt service and coverage, and $10 million in board contingency.
• Total Airline Cost is budgeted at $835.7 million.
• Passengers are budgeted at 87.7 million, a 2.6% increase from FY 2026 forecasted passengers which would be record number of passengers for the Airport.
• Non-airline revenues are budgeted at $646.6 million, a 2.5% increase from FY 2026 forecast which would also be a record.
• Terminal A pier gates as well as the first phase of Terminal F will open in FY 2027 requiring increased costs for maintenance and facility contracts.
The DFW Board of Directors approved the FY 2027 Budget in the amount of $1.622 billion, with an additional $10 million of contingency outside the airline rate base. This contingency may only be used if approved by the DFW Board of Directors.
The use of contingency outside the rate base has been requested by DFW and approved by the Cities for the past 15 years.
|
Annual Expenditures (in Millions) |
FY27 Budget |
|
Operating Expenses |
$ 820.6 |
|
Gross Debt |
$ 801.8 |
|
Total Expenditure Budget within Rate Base |
$1,622.4 |
|
Board Contingency outside Rate Base |
$ 10.0 |
|
Total Budget with Contingency |
$1,632.4 |
In accordance with the Contract and Agreement of 1968, the DFW Board is required to submit a budget showing the total expenditures to be made in any fiscal year to the Owner Cities of Dallas and Fort Worth for approval by their governing bodies.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
The Committee on Finance was briefed by memorandum on the DFW International Airport Fiscal Year 2027 Budget on August 24, 2026. <https://dallascityhall.com/government/citymanager/Documents/Council%20Materials/DFW%20International%20Airport%20Fiscal%20Year%202027%20Budget%20Overview.pdf>
FISCAL INFORMATION
No cost consideration to the City.