CATS User Guide by FAA for Airport Financial Reports
The CATS User Guide provides essential instructions for commercial service airports to submit annual financial reports to the FAA. It outlines the requirements and processes involved in using the Certification Activity Tracking System (CATS). This guide is critical for ensuring compliance with FAA regulations.
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How do I fill this out?
To fill out the form, start by gathering all necessary financial data related to your airport operations. Ensure that you have digital access to CATS for submitting your report. Follow the steps detailed in the user guide for accurate completion.
How to fill out the CATS User Guide by FAA for Airport Financial Reports?
1
Gather essential data related to your airport's finances.
2
Access the CATS web application and navigate to the appropriate form.
3
Enter the required financial figures into the designated fields.
4
Review your entries for accuracy before submission.
5
Submit your completed report through the CATS portal.
Who needs the CATS User Guide by FAA for Airport Financial Reports?
1
Airport administrators need this guide to file correct financial reports.
2
Compliance officers use it to ensure adherence to FAA regulations.
3
Accountants at commercial service airports reference it for accurate submissions.
4
Auditors may consult the guide to verify compliance with legal standards.
5
Airport sponsors require it to understand their obligations regarding financial reporting.
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What are the instructions for submitting this form?
To submit the CATS financial reports, you can email them to the designated FAA email address for report submissions. Additionally, you may fax the reports to the provided fax number listed in the user guide. If you choose to submit online, ensure that you have a verified account and follow the online submission process detailed on the CATS platform.
What are the important dates for this form in 2024 and 2025?
Important dates for form submissions include January 15 for preliminary reporting and December 31 for final submissions in both 2024 and 2025. Ensure that all reports are submitted by these deadlines to avoid penalties. Review our guide regularly for any updates on filing dates.
What is the purpose of this form?
The purpose of this form is to facilitate compliance with the financial reporting requirements set forth by the FAA. It aims to streamline the process for commercial service airports to submit essential financial information. By using this form, airports can ensure accurate reporting and adherence to federal laws.
Tell me about this form and its components and fields line-by-line.
- 1. Airport Identifier: A unique code assigned to each commercial service airport.
- 2. Fiscal Year: The timeframe for which the financial data is being reported.
- 3. Enplanements: The number of passengers boarding the aircraft at the airport.
- 4. Revenue: Total income generated by the airport over the fiscal year.
- 5. Expenses: Total expenditures incurred by the airport during the fiscal year.
What happens if I fail to submit this form?
Failing to submit this form may result in penalties from the FAA. Airports may also face public scrutiny regarding their financial management practices. Regular non-compliance can affect future funding opportunities.
- Financial Penalties: Airports may incur fines for late or missing submissions.
- Ineligibility for Grants: Non-submission can affect future eligibility for federal funding.
- Loss of Trust: Frequent lapses in reporting can diminish public and stakeholder confidence.
How do I know when to use this form?
- 1. Annual Reporting: Used each year to report financials to the FAA.
- 2. Compliance Tracking: Helps in tracking compliance with federal regulations.
- 3. Audit Preparation: Prepares airports for financial audits and assessments.
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