In accordance with the Bermuda Civil Aviation Act 2016 Section 11(5)

BERMUDA CIVIL AVIATION AUTHORITY

APPROVED OPERATIONAL BUDGET

FISCAL YEAR 2022/23

OPERATIONAL BUDGET

REVENUE:

      AIRWORTHINESS                                                              $31,260,000

      OTHER                                                                                     $1,055,000 

      TOTAL REVENUE                                                               $32,315,000

EXPENSES:

      SALARIES & EMPLOYEE BENEFITS                                $6,376,000

      PROFESSIONAL SERVICES                                               $4,868,000

      GENERAL ADMINISTRATION                                         $2,989,000

      AMORTIZATION                                                                     $275,000

      TOTAL EXPENSES                                                              $14,508,000