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The importance of this level of assurance is reflected in the FAA approach to resolving alleged PFC holding and use discrepancies that may be identified to it. This guide is not intended to define the sole method of complying with the audit requirements of section 158. F. COMPLIANCE WITH PFC ASSURANCES Appendix A of Part 158 contains a list of Assurances that must be complied with in the conduct of a project funded with PFC revenue. These assuran...
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How to fill out passenger facility charge audit
How to fill out PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES
01
Obtain the latest version of the Passenger Facility Charge (PFC) Audit Guide.
02
Review the guide to understand its structure and requirements.
03
Gather all necessary documentation related to passenger facility charges.
04
Complete the audit checklist provided in the guide.
05
Ensure all financial records are accurate and up to date.
06
Fill out the audit report following the guide's instructions.
07
Submit the completed audit report to the appropriate authorities.
Who needs PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES?
01
Public agencies managing airports that collect PFC.
02
Financial auditors assessing PFC compliance.
03
Airport management personnel involved in PFC administration.
04
Regulatory bodies overseeing airport financial activities.
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People Also Ask about
How do passenger facility charges work?
PFCs are capped at $4.50 per flight segment with a maximum of two PFCs charged on a one-way trip or four PFCs on a round trip, for a maximum of $18 total. Airports use these charges to fund FAA-approved projects that enhance safety, security, or capacity; reduce noise; or increase air carrier competition.
What is the PFC tax?
A passenger facility charge (PFC) is a fee that almost all airline travelers in the United States pay in their ticket price. The fee goes toward the upkeep and maintenance of airports, and is set up and capped ing to US federal law.
What is the current passenger facility charge?
Southern Regional Airports Division The Passenger Facility Charge (PFC) Program allows the collection of PFC fees up to $4.50 for every enplaned passenger at commercial airports controlled by public agencies.
What is the passenger fee at the airport?
Passenger Fee Air carriers then remit the fees to TSA. The fee is currently $5.60 per one-way trip in air transportation that originates at an airport in the U.S., except that the fee imposed per round trip shall not exceed $11.20. Read the regulation for all air carriers for compliance.
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What is PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES?
The Passenger Facility Charge Audit Guide for Public Agencies is a document that outlines the procedures and requirements for auditing the Passenger Facility Charges (PFCs) that airports collect from passengers to fund eligible airport improvement projects.
Who is required to file PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES?
Public agencies that manage airports and collect Passenger Facility Charges from airline tickets sold for flights that use those airports are required to file the Passenger Facility Charge Audit Guide.
How to fill out PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES?
To fill out the guide, agencies must carefully follow the instructions provided within the document, ensuring that they accurately report collected PFC amounts, expenditures on eligible projects, and any necessary supporting documentation.
What is the purpose of PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES?
The purpose of the guide is to ensure transparency, accountability, and compliance with federal regulations regarding the use of collected PFCs, as well as to facilitate the audit process for public agencies.
What information must be reported on PASSENGER FACILITY CHARGE AUDIT GUIDE FOR PUBLIC AGENCIES?
Agencies must report the total amount of Passenger Facility Charges collected, expenditures made for approved projects, reconciliation of the charges, and any other relevant details as specified in the guide.
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