Orlando International Airport Approved Capital Improvement Program (CIP) 2025-2030

EXHIBIT 1

Description October 2024

CIP Update Approved Revisions

Approved September 2025

CIP Update Grants Authority Funds PFC Paygo PFC Bond Non-PFC Bonds Other Total

Terminal Baggage Program Enhancements 5,140,819$ -$ 5,140,819$ -$ 1,950,000$ -$ -$ 3,190,819$ -$ 5,140,819$ Baggage Handling System 17,000,000 - 17,000,000 - - - - 17,000,000 - 17,000,000 Baggage Handling System (East Side - Phase 1) 635,000,000 238,885,318 873,885,318 - 2,500,000 - - 871,385,318 - 873,885,318 CCTV Projects 10,037,910 - 10,037,910 3,250,000 3,538,338 - - 3,249,572 - 10,037,910 Changing Regulatory Requirements 26,500,000 - 26,500,000 - 6,000,000 - - 20,500,000 - 26,500,000 Airside 2 and 4 APM System Updates 5,882,436 - 5,882,436 - 5,882,436 - - - - 5,882,436 Airside 2 and 4 APM System Replacement 253,000,000 10,000,000 263,000,000 50,478,293 2,240,000 - 98,919,030 111,362,677 - 263,000,000 North Terminal Security Checkpoints 27,081,838 (27,081,838) - - - - - - - - Passenger Processing Efficiency Systems 25,407,000 51,513,345 76,920,345 - 14,960,032 - - 61,960,313 - 76,920,345 Airline Terminal Improvement Account 67,703,731 (28,484,028) 39,219,703 - - - - 39,219,703 - 39,219,703 Security Enhancement Program ( incl Access Control) 12,014,276 - 12,014,276 1,389,896 - - - 10,624,380 - 12,014,276 Signage - Terminal 4,725,500 2,000,000 6,725,500 - - - - 6,725,500 - 6,725,500 Health & Safety Renovations - General 1,750,000 (1,750,000) - - - - - - - - Health & Safety Renovations - Virtual Ramp Control (VRC) 8,250,000 (8,250,000) - - - - - - - - Health & Safety Renovations - Self Service Bag Drop Projects 5,000,000 (5,000,000) - - - - - - - - North Terminal Buildings' Roof Replacement 20,000,000 15,000,000 35,000,000 - - - - 35,000,000 - 35,000,000 North Terminal Vertical Circulation Improvements 42,000,000 - 42,000,000 - 17,000,000 - - 25,000,000 - 42,000,000 North Terminal Renovations 232,777,924 118,400,000 351,177,924 69,803,326 15,510,600 - - 265,863,998 - 351,177,924 North Terminal Building System Upgrade 50,161,818 (28,000,000) 22,161,818 - 2,161,818 - - 20,000,000 - 22,161,818 Passenger Boarding Bridges (PBB) 9,000,000 - 9,000,000 - - - - 9,000,000 - 9,000,000 NT PAX Mods for RACs Access to APM (ConRAC) 229,432,090 (229,432,090) - - - - - - - - Airside 2 Wing Expansion - 374,000,000 374,000,000 - 29,000,000 - - 345,000,000 - 374,000,000 Utilities Infrastructure Improvements - 15,000,000 15,000,000 - - - - 15,000,000 - 15,000,000 Checkpoint B&C Improvements - 10,000,000 10,000,000 - - - - 10,000,000 - 10,000,000 East Terminal Passenger Circulation Improvements - 98,000,000 98,000,000 - 3,000,000 - - 95,000,000 - 98,000,000

Terminal Total 1,687,865,342$ 604,800,707$ 2,292,666,049$ 124,921,515$ 103,743,224$ -$ 98,919,030$ 1,965,082,280$ -$ 2,292,666,049$

Terminal C- Phase 2 Terminal C Ph 2 Design Concept $ 40,000,000 (28,000,000)$ 12,000,000$ -$ 12,000,000$ -$ -$ -$ -$ 12,000,000$ Terminal C Ph 2 Site & Apron Projects 200,000,000 - 200,000,000 - 5,000,000 - - 195,000,000 - 200,000,000 Terminal C- Phase 2 Total 240,000,000$ (28,000,000)$ 212,000,000$ -$ 17,000,000$ -$ -$ 195,000,000$ -$ 212,000,000$

Terminal C- Additional Projects Terminal C ASC Gates C250-C253 462,000,000$ -$ 462,000,000$ 209,259,952$ 30,746,307$ 40,000,000$ 64,090,000$ 117,903,741$ -$ 462,000,000$

Terminal C Gates C250-C253 Ramp RON & Airfield 170,000,000 - 170,000,000 81,272,638 3,000,000 19,319,485 - 66,407,877 - 170,000,000 Terminal C Enhancement Projects 54,882,523 - 54,882,523 218,717 752,681 128,714 268,425 53,513,831 155 54,882,523 Passenger Conveyance Systems 10,000,000 10,000,000 20,000,000 - - - - 20,000,000 - 20,000,000 Terminal C Landscaping 12,000,000 5,000,000 17,000,000 - 1,208,333 - - 13,791,667 2,000,000 17,000,000 South Computer Room Buildout 10,000,000 - 10,000,000 - - - - 10,000,000 - 10,000,000 Terminal C- Additional Projects Total 718,882,523$ 15,000,000$ 733,882,523$ 290,751,307$ 35,707,321$ 59,448,199$ 64,358,425$ 281,617,116$ 2,000,155$ 733,882,523$

Airfield Taxiways G&H Rehabilitation - Phases 1 & 2 (Design and Construction) 70,950,216$ (44,775,216)$ 26,175,000$ 20,818,969$ 1,300,000$ -$ -$ 4,056,031$ -$ 26,175,000$ Taxiways E&F Rehabilitation - Phases 1 & 2 (Design and Construction) 47,060,000 31,722,905 78,782,905 63,613,975 2,250,000 - - 12,918,930 - 78,782,905 Airfield Single Mode Fiber (Design and Construction) 3,100,000 - 3,100,000 - - - - 3,100,000 - 3,100,000 New Rwy 36L Cat II/III Infrastructure (Design and Construction) 2,674,675 - 2,674,675 - - - - 2,674,675 - 2,674,675 Select Airside 1, 2, 3 & 4 Apron Rehabilitation 1,200,000 (1,200,000) - - - - - - - - Replace 17L/35R Inpavement Lighting w/LED 2,800,000 - 2,800,000 - - - - 2,800,000 - 2,800,000 Taxiway C - Phase 1 (Design and Construction) 41,440,000 - 41,440,000 32,585,000 - - - 8,855,000 - 41,440,000 Taxiway B - Phase 1 & 2 (Design and Construction) 69,477,000 - 69,477,000 53,445,000 - - - 16,032,000 - 69,477,000 South End Around Taxiway - 66,787,638 66,787,638 - - - - 66,787,638 - 66,787,638

Airfield Total 238,701,891$ 52,535,327$ 291,237,218$ 170,462,944$ 3,550,000$ -$ -$ 117,224,274$ -$ 291,237,218$

Ground Transportation RAC QTA Projects 8,605,915$ (8,605,915)$ -$ -$ -$ -$ -$ -$ -$ -$ RAC Terminal Improvements 16,000,000 (16,000,000) - - - - - - - - Roadway Improvement Program 92,900,000 75,538,842 168,438,842 31,250,000 5,174,680 - - 132,014,162 - 168,438,842 RAC & Parking Expansion Program 1,435,490,608 (225,490,608) 1,210,000,000 - 7,500,000 - - 690,250,000 512,250,000 1,210,000,000 Rental Car Expansion - GTC (Ground Transportation Center), Parking, and A/B/C Garage Conversion 230,408,200 (230,408,200) - - - - - - - - Rental Car Expansion - Roads and APM 289,015,702 (289,015,702) - - - - - - - - Signage - Roadway 12,066,530 10,000,000 22,066,530 6,033,265 - - - 16,033,265 - 22,066,530 Employee Parking Lot 10,157,908 (10,157,908) - - - - - - - - Employee Parking Lot - 20,000,000 20,000,000 - - - - 20,000,000 - 20,000,000 NT Parking Garage Rehab - 55,000,000 55,000,000 - 2,500,000 - - 52,500,000 - 55,000,000 Ground Transportation Facility Pedestrian Bridge 169,250,000 - 169,250,000 39,300,000 - - - 51,707,016 78,242,984 169,250,000 Roadway Congestion Management Projects 10,000,000 - 10,000,000 - 10,000,000 - - - - 10,000,000 Parking Improvements 48,700,000 12,000,000 60,700,000 - 13,250,000 - - 47,450,000 - 60,700,000

Ground Transportation Total 2,322,594,863$ (607,139,491)$ 1,715,455,372$ 76,583,265$ 38,424,680$ -$ -$ 1,009,954,443$ 590,492,984$ 1,715,455,372$

Other Fiber Infrastructure Program 17,428,000$ -$ 17,428,000$ -$ 10,619,667$ -$ -$ 6,808,333$ -$ 17,428,000$ Wildlife Attractant Removal (East Airfield) 10,000,000 - 10,000,000 - 1,000,000 9,000,000 - - - 10,000,000 Building Renovations 10,000,000 - 10,000,000 - 10,000,000 - - - - 10,000,000 Security Detection System Improvement 4,200,000 - 4,200,000 - 1,000,000 - - 3,200,000 - 4,200,000 Other - Misc 10,525,000 - 10,525,000 - 5,525,000 - - 5,000,000 - 10,525,000 Advanced Budget, Schedule and Scoping Analysis (ABSSA) 11,000,000 - 11,000,000 - 11,000,000 - - - - 11,000,000 C/E/F Annex 2 & Parking 18,750,000 - 18,750,000 - - - - 18,750,000 - 18,750,000 GOAA Infrastructure Development for Tenant Projects 30,000,000 - 30,000,000 - - - - 30,000,000 - 30,000,000 Airport Power Systems Upgrades 10,000,000 47,500,000 57,500,000 - 2,000,000 - - 55,500,000 - 57,500,000 Executive Lobby/Conference/Office Area Renovations 7,000,000 - 7,000,000 - 1,200,000 - - 5,800,000 - 7,000,000 Advanced Air Mobility (AAM) 102,107,000 - 102,107,000 - - - - - 102,107,000 102,107,000 Heintzelman Blvd Infrastructure & Development - 39,000,000 39,000,000 - - - - 39,000,000 - 39,000,000 Checkpoint Alpha & New CRDC - 281,212,362 281,212,362 - 4,000,000 - - 277,212,362 - 281,212,362 Mud Lake Access - 15,000,000 15,000,000 - - - - 15,000,000 - 15,000,000 Terminal Nomenclature - 65,000,000 65,000,000 - 5,000,000 - - 60,000,000 - 65,000,000

Other Total 231,010,000$ 447,712,362$ 678,722,362$ -$ 51,344,667$ 9,000,000$ -$ 516,270,695$ 102,107,000$ 678,722,362$

GRAND TOTAL CIP 5,439,054,619$ 484,908,905$ 5,923,963,524$ 662,719,031$ 249,769,892$ 68,448,199$ 163,277,455$ 4,085,148,808$ 694,600,139$ 5,923,963,524$

Approved Funding Plan

EXHIBIT 1 (Continued)

Description October 2024

CIP Update Approved Revisions

Approved September 2025

CIP Update 2024 and Prior

Years 2025 2026 2027 2028 2029 2030 Total

Terminal Baggage Program Enhancements 5,140,819$ -$ 5,140,819$ 3,480,150$ 1,660,669$ -$ -$ -$ -$ -$ 5,140,819$ Baggage Handling System 17,000,000 - 17,000,000 261,886 2,738,114 7,000,000 7,000,000 - - - 17,000,000 Baggage Handling System (East Side - Phase 1) 635,000,000 238,885,318 873,885,318 - - - 218,471,329 436,942,660 218,471,329 - 873,885,318 CCTV Projects 10,037,910 - 10,037,910 1,834,690 4,750,772 3,452,448 - - - - 10,037,910 Changing Regulatory Requirements 26,500,000 - 26,500,000 16,810,924 4,000,000 5,689,076 - - - - 26,500,000 Airside 2 and 4 APM System Updates 5,882,436 - 5,882,436 2,613,959 1,500,000 1,768,477 - - - - 5,882,436 Airside 2 and 4 APM System Replacement 253,000,000 10,000,000 263,000,000 20,785,972 38,631,500 95,196,070 60,095,279 48,291,179 - - 263,000,000 North Terminal Security Checkpoints 27,081,838 (27,081,838) - - - - - - - - - Passenger Processing Efficiency Systems 25,407,000 51,513,345 76,920,345 6,658,488 16,016,104 16,000,000 16,000,000 22,245,753 - - 76,920,345 Airline Terminal Improvement Account 67,703,731 (28,484,028) 39,219,703 - 1,294,685 10,000,000 10,000,000 17,925,018 - - 39,219,703 Security Enhancement Program ( incl Access Control) 12,014,276 - 12,014,276 1,676,681 2,885,574 4,000,000 3,452,021 - - - 12,014,276 Signage - Terminal 4,725,500 2,000,000 6,725,500 104,406 1,004,396 3,000,000 2,616,698 - - - 6,725,500 Health & Safety Renovations - General 1,750,000 (1,750,000) - - - - - - - - - Health & Safety Renovations - Virtual Ramp Control (VRC) 8,250,000 (8,250,000) - - - - - - - - - Health & Safety Renovations - Self Service Bag Drop Projects 5,000,000 (5,000,000) - - - - - - - - - North Terminal Buildings' Roof Replacement 20,000,000 15,000,000 35,000,000 - 2,000,000 6,000,000 7,000,000 20,000,000 - - 35,000,000 North Terminal Vertical Circulation Improvements 42,000,000 - 42,000,000 294,115 2,264,280 10,000,000 14,000,000 15,441,605 - - 42,000,000 North Terminal Renovations 232,777,924 118,400,000 351,177,924 1,633,147 9,295,574 94,000,000 138,000,000 108,249,203 - - 351,177,924 North Terminal Building System Upgrade 50,161,818 (28,000,000) 22,161,818 5,986,019 1,198,352 7,000,000 7,977,447 - - - 22,161,818 Passenger Boarding Bridges (PBB) 9,000,000 - 9,000,000 - 9,000,000 - - - - - 9,000,000 NT PAX Mods for RACs Access to APM (ConRAC) 229,432,090 (229,432,090) - - - - - - - - - Airside 2 Wing Expansion - 374,000,000 374,000,000 - - 35,000,000 65,000,000 125,000,000 149,000,000 - 374,000,000 Utilities Infrastructure Improvements - 15,000,000 15,000,000 - - 2,000,000 7,000,000 6,000,000 - - 15,000,000 Checkpoint B&C Improvements - 10,000,000 10,000,000 - - 2,000,000 8,000,000 - - - 10,000,000 East Terminal Passenger Circulation Improvements - 98,000,000 98,000,000 - - 5,000,000 40,000,000 53,000,000 - - 98,000,000

Terminal Total 1,687,865,342$ 604,800,707$ 2,292,666,049$ 62,140,437$ 98,240,020$ 307,106,071$ 604,612,774$ 853,095,418$ 367,471,329$ -$ 2,292,666,049$

Terminal C- Phase 2 Terminal C Ph 2 Design Concept $ 40,000,000 (28,000,000)$ 12,000,000$ 1,202,276$ 1,797,724$ 5,000,000$ 4,000,000$ -$ -$ -$ 12,000,000$ Terminal C Ph 2 Site & Apron Projects 200,000,000 - 200,000,000 - 4,345,198 60,000,000 70,000,000 65,654,802 - - 200,000,000 Terminal C- Phase 2 Total 240,000,000$ (28,000,000)$ 212,000,000$ 1,202,276$ 6,142,922$ 65,000,000$ 74,000,000$ 65,654,802$ -$ -$ 212,000,000$

Terminal C- Additional Projects Terminal C ASC Gates C250-C253 462,000,000$ -$ 462,000,000$ 190,090,393$ 140,916,864$ 130,992,743$ -$ -$ -$ -$ 462,000,000$

Terminal C Gates C250-C253 Ramp RON & Airfield 170,000,000 - 170,000,000 14,837,815 28,279,077 26,089,526 23,611,595 77,181,987 - - 170,000,000 Terminal C Enhancement Projects 54,882,523 - 54,882,523 6,723,780 8,318,730 22,958,912 16,881,101 - - - 54,882,523 Passenger Conveyance Systems 10,000,000 10,000,000 20,000,000 - 1,000,000 7,000,000 12,000,000 - - - 20,000,000 Terminal C Landscaping 12,000,000 5,000,000 17,000,000 35,057 2,157,844 7,000,000 7,807,099 - - - 17,000,000 South Computer Room Buildout 10,000,000 - 10,000,000 - 1,000,000 4,000,000 5,000,000 - - - 10,000,000 Terminal C- Additional Projects Total 718,882,523$ 15,000,000$ 733,882,523$ 211,687,045$ 181,672,515$ 198,041,181$ 65,299,795$ 77,181,987$ -$ -$ 733,882,523$

Airfield Taxiways G&H Rehabilitation - Phases 1 & 2 (Design and Construction) 70,950,216$ (44,775,216)$ 26,175,000$ 15,575$ 26,159,425$ -$ -$ -$ -$ -$ 26,175,000$ Taxiways E&F Rehabilitation - Phases 1 & 2 (Design and Construction) 47,060,000 31,722,905 78,782,905 - 2,737,655 37,030,000 39,015,250 - - - 78,782,905 Airfield Single Mode Fiber (Design and Construction) 3,100,000 - 3,100,000 - 3,100,000 - - - - - 3,100,000 New Rwy 36L Cat II/III Infrastructure (Design and Construction) 2,674,675 - 2,674,675 - 250,000 1,337,338 1,087,337 - - - 2,674,675 Select Airside 1, 2, 3 & 4 Apron Rehabilitation 1,200,000 (1,200,000) - - - - - - - - - Replace 17L/35R Inpavement Lighting w/LED 2,800,000 - 2,800,000 - 500,000 2,300,000 - - - - 2,800,000 Taxiway C - Phase 1 (Design and Construction) 41,440,000 - 41,440,000 - - - - - 5,000,000 36,440,000 41,440,000 Taxiway B - Phase 1 & 2 (Design and Construction) 69,477,000 - 69,477,000 - - - 5,000,000 36,837,000 27,640,000 - 69,477,000 South End Around Taxiway - 66,787,638 66,787,638 - - - 13,357,528 26,715,055 26,715,055 - 66,787,638

Airfield Total 238,701,891$ 52,535,327$ 291,237,218$ 15,575$ 32,747,080$ 40,667,338$ 58,460,115$ 63,552,055$ 59,355,055$ 36,440,000$ 291,237,218$

Ground Transportation RAC QTA Projects 8,605,915$ (8,605,915)$ -$ -$ -$ -$ -$ -$ -$ -$ -$ RAC Terminal Improvements 16,000,000 (16,000,000) - - - - - - - - - Roadway Improvement Program 92,900,000 75,538,842 168,438,842 2,093,478 10,861,296 34,000,000 47,984,526 35,999,542 37,500,000 - 168,438,842 RAC & Parking Expansion Program 1,435,490,608 (225,490,608) 1,210,000,000 - 494,928 121,000,000 363,000,000 423,500,000 302,005,072 - 1,210,000,000 Rental Car Expansion - GTC (Ground Transportation Center), Parking, and A/B/C Garage Conversion 230,408,200 (230,408,200) - - - - - - - - - Rental Car Expansion - Roads and APM 289,015,702 (289,015,702) - - - - - - - - - Signage - Roadway 12,066,530 10,000,000 22,066,530 4,729,959 2,762,642 7,000,000 7,573,929 - - - 22,066,530 Employee Parking Lot 10,157,908 (10,157,908) - - - - - - - - - Employee Parking Lot - 20,000,000 20,000,000 - - 7,000,000 13,000,000 - - - 20,000,000 NT Parking Garage Rehab - 55,000,000 55,000,000 - - 10,000,000 25,000,000 20,000,000 - - 55,000,000 Ground Transportation Facility Pedestrian Bridge 169,250,000 - 169,250,000 55,021,590 51,294,200 46,684,210 16,250,000 - - - 169,250,000 Roadway Congestion Management Projects 10,000,000 - 10,000,000 - - 4,000,000 6,000,000 - - - 10,000,000 Parking Improvements 48,700,000 12,000,000 60,700,000 13,437,374 4,891,672 24,000,000 18,370,954 - - - 60,700,000

Ground Transportation Total 2,322,594,863$ (607,139,491)$ 1,715,455,372$ 75,282,401$ 70,304,738$ 253,684,210$ 497,179,409$ 479,499,542$ 339,505,072$ -$ 1,715,455,372$

Other Fiber Infrastructure Program 17,428,000$ -$ 17,428,000$ 5,811,899$ 299,900$ 5,000,000$ 6,316,201$ -$ -$ -$ 17,428,000$ Wildlife Attractant Removal (East Airfield) 10,000,000 - 10,000,000 1,154,192 200,000 6,000,000 2,645,808 - - - 10,000,000 Building Renovations 10,000,000 - 10,000,000 535,524 2,343,218 5,050,000 2,071,258 - - - 10,000,000 Security Detection System Improvement 4,200,000 - 4,200,000 - 300,000 2,100,000 1,800,000 - - - 4,200,000 Other - Misc 10,525,000 - 10,525,000 116,137 2,505,862 7,903,001 - - - - 10,525,000 Advanced Budget, Schedule and Scoping Analysis (ABSSA) 11,000,000 - 11,000,000 - 1,100,000 4,400,000 5,500,000 - - - 11,000,000 C/E/F Annex 2 & Parking 18,750,000 - 18,750,000 - - 1,875,000 8,437,500 8,437,500 - - 18,750,000 GOAA Infrastructure Development for Tenant Projects 30,000,000 - 30,000,000 - 2,000,000 6,000,000 6,000,000 16,000,000 - - 30,000,000 Airport Power Systems Upgrades 10,000,000 47,500,000 57,500,000 - 2,000,000 10,000,000 15,000,000 15,000,000 15,500,000 - 57,500,000 Executive Lobby/Conference/Office Area Renovations 7,000,000 - 7,000,000 346,473 276,389 3,000,000 3,377,138 - - - 7,000,000 Advanced Air Mobility (AAM) 102,107,000 - 102,107,000 - - 50,000,000 52,107,000 - - - 102,107,000 Heintzelman Blvd Infrastructure & Development - 39,000,000 39,000,000 - - 5,000,000 15,000,000 19,000,000 - - 39,000,000 Checkpoint Alpha & New CRDC - 281,212,362 281,212,362 - - 5,000,000 75,000,000 125,000,000 76,212,362 - 281,212,362 Mud Lake Access - 15,000,000 15,000,000 - - 10,000,000 5,000,000 - - - 15,000,000 Terminal Nomenclature - 65,000,000 65,000,000 - - 3,000,000 5,000,000 25,000,000 32,000,000 - 65,000,000

Other Total 231,010,000$ 447,712,362$ 678,722,362$ 7,964,225$ 11,025,369$ 124,328,001$ 203,254,905$ 208,437,500$ 123,712,362$ -$ 678,722,362$

GRAND TOTAL CIP 5,439,054,619$ 484,908,905$ 5,923,963,524$ 358,291,959$ 400,132,644$ 988,826,801$ 1,502,806,998$ 1,747,421,304$ 890,043,818$ 36,440,000$ 5,923,963,524$

Approved Program Expenditures by Fiscal Year

EXHIBIT 2

Description October 2024 CIP Update

Approved Revisions

Approved September 2025

CIP Update Grants Authority Funds PFC Paygo PFC Bond Non-PFC Bonds Other Total Increase /

(Decrease)

Terminal Baggage Program Enhancements 5,140,819$ -$ 5,140,819$ -$ 1,950,000$ -$ -$ (1,950,000)$ -$ -$ Baggage Handling System 17,000,000 - 17,000,000 - - - - - - - Baggage Handling System (East Side - Phase 1) 635,000,000 238,885,318 873,885,318 - 2,500,000 - - 236,385,318 - 238,885,318 CCTV Projects 10,037,910 - 10,037,910 - - - - - - - Changing Regulatory Requirements 26,500,000 - 26,500,000 - - - - - - - Airside 2 and 4 APM System Updates 5,882,436 - 5,882,436 - - - - - - - Airside 2 and 4 APM System Replacement 253,000,000 10,000,000 263,000,000 2,500,000 - - - 7,500,000 - 10,000,000 North Terminal Security Checkpoints 27,081,838 (27,081,838) - - (16,943,864) - - (9,989,080) (148,894) (27,081,838) Passenger Processing Efficiency Systems 25,407,000 51,513,345 76,920,345 - 8,000,000 - - 43,513,345 - 51,513,345 Airline Terminal Improvement Account 67,703,731 (28,484,028) 39,219,703 - - - - (28,484,028) - (28,484,028) Security Enhancement Program ( incl Access Control) 12,014,276 - 12,014,276 (500,000) - - - 500,000 - - Signage - Terminal 4,725,500 2,000,000 6,725,500 - - - - 2,000,000 - 2,000,000 Health & Safety Renovations - General 1,750,000 (1,750,000) - - - - - (1,750,000) - (1,750,000) Health & Safety Renovations - Virtual Ramp Control (VRC) 8,250,000 (8,250,000) - - - - - (8,250,000) - (8,250,000) Health & Safety Renovations - Self Service Bag Drop Projects 5,000,000 (5,000,000) - - (5,000,000) - - - - (5,000,000) North Terminal Buildings' Roof Replacement 20,000,000 15,000,000 35,000,000 - - - - 15,000,000 - 15,000,000 North Terminal Vertical Circulation Improvements 42,000,000 - 42,000,000 - - - - - - - North Terminal Renovations 232,777,924 118,400,000 351,177,924 7,332,514 2,000,000 - - 109,067,486 - 118,400,000 North Terminal Building System Upgrade 50,161,818 (28,000,000) 22,161,818 - - - - (28,000,000) - (28,000,000) Passenger Boarding Bridges (PBB) 9,000,000 - 9,000,000 - - - - - - - NT PAX Mods for RACs Access to APM (ConRAC) 229,432,090 (229,432,090) - - - - - (229,432,090) - (229,432,090) Airside 2 Wing Expansion - 374,000,000 374,000,000 - 29,000,000 - - 345,000,000 - 374,000,000 Utilities Infrastructure Improvements - 15,000,000 15,000,000 - - - - 15,000,000 - 15,000,000 Checkpoint B&C Improvements - 10,000,000 10,000,000 - - - - 10,000,000 - 10,000,000 East Terminal Passenger Circulation Improvements - 98,000,000 98,000,000 - 3,000,000 - - 95,000,000 - 98,000,000

Terminal Total 1,687,865,342$ 604,800,707$ 2,292,666,049$ 9,332,514$ 24,506,136$ -$ -$ 571,110,951$ (148,894)$ 604,800,707$

Terminal C- Phase 2 Terminal C Ph 2 Design Concept $ 40,000,000 (28,000,000)$ 12,000,000$ -$ -$ (28,000,000)$ -$ -$ -$ (28,000,000)$ Terminal C Ph 2 Site & Apron Projects 200,000,000 - 200,000,000 - - - - - - - Terminal C- Phase 2 Total 240,000,000$ (28,000,000)$ 212,000,000$ -$ -$ (28,000,000)$ -$ -$ -$ (28,000,000)$

Terminal C- Additional Projects Terminal C ASC Gates C250-C253 $ 462,000,000 -$ 462,000,000$ -$ -$ -$ -$ -$ -$ -$ Terminal C Gates C250-C253 Ramp RON & Airfield 170,000,000 - 170,000,000 - - - - - - - Terminal C Enhancement Projects 54,882,523 - 54,882,523 - - - - - - - Passenger Conveyance Systems 10,000,000 10,000,000 20,000,000 - - - - 10,000,000 - 10,000,000 Terminal C Landscaping 12,000,000 5,000,000 17,000,000 - - - - 5,000,000 - 5,000,000 South Computer Room Buildout 10,000,000 - 10,000,000 - - - - - - - Terminal C- Additional Projects Total 718,882,523$ 15,000,000$ 733,882,523$ -$ -$ -$ -$ 15,000,000$ -$ 15,000,000$

Airfield Taxiways G&H Rehabilitation - Phases 1 & 2 (Design and Construction) 70,950,216$ (44,775,216)$ 26,175,000$ (35,313,667)$ (919,585)$ -$ -$ (8,541,964)$ -$ (44,775,216)$ Taxiways E&F Rehabilitation - Phases 1 & 2 (Design and Construction) 47,060,000 31,722,905 78,782,905 25,936,475 - - - 5,786,430 - 31,722,905 Airfield Single Mode Fiber (Design and Construction) 3,100,000 - 3,100,000 - - - - - - - New Rwy 36L Cat II/III Infrastructure (Design and Construction) 2,674,675 - 2,674,675 - - - - - - - Select Airside 1, 2, 3 & 4 Apron Rehabilitation 1,200,000 (1,200,000) - (500,000) (700,000) - - - - (1,200,000) Replace 17L/35R Inpavement Lighting w/LED 2,800,000 - 2,800,000 - - - - - - - Taxiway C - Phase 1 (Design and Construction) 41,440,000 - 41,440,000 - - - - - - - Taxiway B - Phase 1 & 2 (Design and Construction) 69,477,000 - 69,477,000 - - - - - - - South End Around Taxiway - 66,787,638 66,787,638 - - - - 66,787,638 - 66,787,638

Airfield Total 238,701,891$ 52,535,327$ 291,237,218$ (9,877,192)$ (1,619,585)$ -$ -$ 64,032,104$ -$ 52,535,327$

Ground Transportation RAC QTA Projects 8,605,915$ (8,605,915)$ -$ -$ -$ -$ -$ -$ (8,605,915)$ (8,605,915)$ RAC Terminal Improvements 16,000,000 (16,000,000) - - - - - - (16,000,000) (16,000,000) Roadway Improvement Program 92,900,000 75,538,842 168,438,842 16,700,000 1,674,680 - - 57,164,162 - 75,538,842 RAC & Parking Expansion Program 1,435,490,608 (225,490,608) 1,210,000,000 - 7,500,000 - - 690,250,000 (923,240,608) (225,490,608) Rental Car Expansion - GTC (Ground Transportation Center), Parking, and A/B/C Garage Conversion 230,408,200 (230,408,200) - - - - - (230,408,200) - (230,408,200) Rental Car Expansion - Roads and APM 289,015,702 (289,015,702) - - - - - (289,015,702) - (289,015,702) Signage - Roadway 12,066,530 10,000,000 22,066,530 - - - - 10,000,000 - 10,000,000 Employee Parking Lot 10,157,908 (10,157,908) - - (192,434) - - (9,965,474) - (10,157,908) New Employee Parking Lot - North - 20,000,000 20,000,000 - - - - 20,000,000 - 20,000,000 NT Parking Garage Rehab - 55,000,000 55,000,000 - 2,500,000 - - 52,500,000 - 55,000,000 Ground Transportation Facility Pedestrian Bridge 169,250,000 - 169,250,000 5,000,000 - - - - (5,000,000) - Roadway Congestion Management Projects 10,000,000 - 10,000,000 - - - - - - - Parking Improvements 48,700,000 12,000,000 60,700,000 - - - - 12,000,000 - 12,000,000

Ground Transportation Total 2,322,594,863$ (607,139,491)$ 1,715,455,372$ 21,700,000$ 11,482,246$ -$ -$ 312,524,786$ (952,846,523)$ (607,139,491)$

Other Fiber Infrastructure Program 17,428,000$ -$ 17,428,000$ -$ -$ -$ -$ -$ -$ -$ Wildlife Attractant Removal (East Airfield) 10,000,000 - 10,000,000 - - - - - - - Building Renovations 10,000,000 - 10,000,000 - - - - - - - Security Detection System Improvement 4,200,000 - 4,200,000 - - - - - - - Other - Misc 10,525,000 - 10,525,000 - - - - - - - Advanced Budget, Schedule and Scoping Analysis (ABSSA) 11,000,000 - 11,000,000 - 11,000,000 - - (11,000,000) - - C/E/F Annex 2 & Parking 18,750,000 - 18,750,000 - - - - - - - GOAA Infrastructure Development for Tenant Projects 30,000,000 - 30,000,000 - - - - - - - Airport Power Systems Upgrades 10,000,000 47,500,000 57,500,000 - 2,000,000 - - 45,500,000 - 47,500,000 Executive Lobby/Conference/Office Area Renovations 7,000,000 - 7,000,000 - - - - - - - Advanced Air Mobility (AAM) 102,107,000 - 102,107,000 - - - - - - - Heintzelman Blvd Infrastructure & Development - 39,000,000 39,000,000 - - - - 39,000,000 - 39,000,000 Checkpoint Alpha & New CRDC - 281,212,362 281,212,362 - 4,000,000 - - 277,212,362 - 281,212,362 Mud Lake Access - 15,000,000 15,000,000 - - - - 15,000,000 - 15,000,000 Terminal Nomenclature - 65,000,000 65,000,000 - 5,000,000 - - 60,000,000 - 65,000,000

Other Total 231,010,000$ 447,712,362$ 678,722,362$ -$ 22,000,000$ -$ -$ 425,712,362$ -$ 447,712,362$

GRAND TOTAL CIP 5,439,054,619$ 484,908,905$ 5,923,963,524$ 21,155,322$ 56,368,797$ (28,000,000)$ -$ 1,388,380,203$ (952,995,417)$ 484,908,905$

Approved Revisions to October 2024 CIP Funding Plan

Orlando Executive Airport

EXHIBIT 1

# Description June 2024 CIP

Update Approved Revisions

Approved September

2025 CIP

Update AIP Grants FDOT Grants

BIL-AIG

Entitlements Total Grants Authority Funds Total

AIRFIELD

1 Runway 7-25 Rehabilitation (Last rehabilitation in 2002) 48,279,753$ (30,783,205)$ 17,496,548$ 14,740,465$ 684,867$ -$ 15,425,332$ 2,071,216$ 17,496,548$

Runway 13-31 Rehabilitation (Design and Construction) 17,325,741 - 17,325,741 13,858,527 1,185,765 - 15,044,292 2,281,449 17,325,741 2 Taxiway A, B & E4 Rehabilitation 5,783,500 (5,783,500) - - - - - - - 3 East Ramp Rehabilitation Phase 1a, Design (Western/CBP Area) 3,528,985 (3,417,557) 111,428 - 89,142 - 89,142 22,286 111,428 3 East Ramp Rehabilitation Phase 1b, Design (Balance of Original Phase 1) 2,708,914 (2,575,256) 133,658 - 10,693 120,292 130,985 2,673 133,658 4 East Ramp Rehabilitation Phase 1, Construction (Combined Phase 1a & 1b) - 4,030,000 4,030,000 - 782,073 2,527,411 3,309,484 720,516 4,030,000

Taxiway A Rehabilitation (Eastern Section - Design and Construction) 6,778,000 - 6,778,000 5,614,200 499,040 - 6,113,240 664,760 6,778,000 Taxiway A Connectors (Design & Construction) 5,704,830 - 5,704,830 4,559,783 405,314 - 4,965,097 739,733 5,704,830 Taxiway E Rehabilitation (South of Rwy 7-25) 4,491,176 - 4,491,176 3,571,695 317,484 - 3,889,179 601,997 4,491,176

5 NEW East Ramp Rehabilitation, Phase 2 - 7,976,400 7,976,400 6,412,500 570,000 - 6,982,500 993,900 7,976,400 6 Parallel Taxiway (South of Rwy 7-25) - Environmental & Design 2,000,000 1,750,000 3,750,000 3,375,000 300,000 - 3,675,000 75,000 3,750,000 7 NEW Airport Lighting Control and Monitoring System - 275,000 275,000 - - - - 275,000 275,000

AIRFIELD Total 96,600,899$ (28,528,118)$ 68,072,781$ 52,132,170$ 4,844,378$ 2,647,703$ 59,624,251$ 8,448,530$ 68,072,781$

TERMINAL

8 Generator Installation - Administration & Maint Bldgs and CBP 800,000$ 250,000$ 1,050,000$ -$ 840,000$ -$ 840,000$ 210,000$ 1,050,000$

TERMINAL Total 800,000$ 250,000$ 1,050,000$ -$ 840,000$ -$ 840,000$ 210,000$ 1,050,000$

LAND DEVELOPMENT, ROADWAY & OTHER

9 ORL Master Plan Update 795,886$ 53,910$ 849,796$ -$ 63,671$ 716,297$ 779,968$ 69,828$ 849,796$ 10 Colonial Promenade Improvements 2,000,000 - 2,000,000 - - - - 2,000,000 2,000,000 11 Stormwater Restoration Project (Phase 1) 4,000,000 - 4,000,000 - 3,200,000 - 3,200,000 800,000 4,000,000 12 Airport Beacon 342,000 189,000 531,000 - 424,800 - 424,800 106,200 531,000 13 Utilities Infrastructure Improvements (on airport property) 4,000,000 (750,000) 3,250,000 - 2,200,000 - 2,200,000 1,050,000 3,250,000 14 Stormwater Assessment, Phase 1 400,000 - 400,000 - - - - 400,000 400,000

CIP Unallocated - 4,000,000 4,000,000 - - - - 4,000,000 4,000,000 LAND DEVELOPMENT, ROADWAY & OTHER Total 11,537,886$ 3,492,910$ 15,030,796$ -$ 5,888,471$ 716,297$ 6,604,768$ 8,426,028$ 15,030,796$

GRAND TOTAL CIP 108,938,785$ (24,785,208)$ 84,153,577$ 52,132,170$ 11,572,849$ 3,364,000$ 67,069,019$ 17,084,558$ 84,153,577$

Approved Funding Plan

EXHIBIT 1 (Continued)

# Description June 2024 CIP

Update Approved Revisions

Approved September

2025 CIP

Update 2024 & Prior 2025 2026 2027 2028 2029 2030 TOTAL

AIRFIELD

1 Runway 7-25 Rehabilitation (Last rehabilitation in 2002) 48,279,753$ (30,783,205)$ 17,496,548$ -$ 2,967,764$ 14,528,784$ -$ -$ -$ -$ 17,496,548$

Runway 13-31 Rehabilitation (Design and Construction) 17,325,741 - 17,325,741 - - 1,077,338 16,248,403 - - - 17,325,741 2 Taxiway A, B & E4 Rehabilitation 5,783,500 (5,783,500) - - - - - - - - - 3 East Ramp Rehabilitation Phase 1a, Design (Western/CBP Area) 3,528,985 (3,417,557) 111,428 31,482 79,946 - - - - - 111,428 3 East Ramp Rehabilitation Phase 1b, Design (Balance of Original Phase 1) 2,708,914 (2,575,256) 133,658 30,647 103,011 - - - - - 133,658 4 East Ramp Rehabilitation Phase 1, Construction (Combined Phase 1a & 1b) - 4,030,000 4,030,000 - 30,000 4,000,000 - - - - 4,030,000

Taxiway A Rehabilitation (Eastern Section - Design and Construction) 6,778,000 - 6,778,000 - - - 405,000 6,373,000 - - 6,778,000 Taxiway A Connectors (Design & Construction) 5,704,830 - 5,704,830 - - - 365,000 5,339,830 - - 5,704,830 Taxiway E Rehabilitation (South of Rwy 7-25) 4,491,176 - 4,491,176 - - - - 355,084 4,136,092 - 4,491,176

5 NEW East Ramp Rehabilitation, Phase 2 - 7,976,400 7,976,400 - - - - 607,600 7,368,800 - 7,976,400 6 Parallel Taxiway (South of Rwy 7-25) - Environmental & Design 2,000,000 1,750,000 3,750,000 - - - - - 750,000 3,000,000 3,750,000 7 NEW Airport Lighting Control and Monitoring System - 275,000 275,000 - - 275,000 - - - - 275,000

AIRFIELD Total 96,600,899$ (28,528,118)$ 68,072,781$ 62,129$ 3,180,721$ 19,881,121$ 17,018,403$ 12,675,514$ 12,254,892$ 3,000,000$ 68,072,781$

TERMINAL

8 Generator Installation - Administration & Maint Bldgs and CBP 800,000$ 250,000$ 1,050,000$ -$ -$ -$ 1,050,000$ -$ -$ -$ 1,050,000$

TERMINAL Total 800,000$ 250,000$ 1,050,000$ -$ -$ -$ 1,050,000$ -$ -$ -$ 1,050,000$

LAND DEVELOPMENT, ROADWAY & OTHER

9 ORL Master Plan Update 795,886$ 53,910$ 849,796$ 70,612$ 354,286$ 424,898$ -$ -$ -$ -$ 849,796$ 10 Colonial Promenade Improvements 2,000,000 - 2,000,000 215,172 - 1,784,828 - - - - 2,000,000 11 Stormwater Restoration Project (Phase 1) 4,000,000 - 4,000,000 - - - 4,000,000 - - - 4,000,000 12 Airport Beacon 342,000 189,000 531,000 - 100,000 431,000 - - - - 531,000 13 Utilities Infrastructure Improvements (on airport property) 4,000,000 (750,000) 3,250,000 - - 500,000 - - 1,500,000 1,250,000 3,250,000 14 Stormwater Assessment, Phase 1 400,000 - 400,000 - - 400,000 - - - - 400,000

CIP Unallocated - 4,000,000 4,000,000 - - 4,000,000 - - - - 4,000,000 LAND DEVELOPMENT, ROADWAY & OTHER Total 11,537,886$ 3,492,910$ 15,030,796$ 285,784$ 454,286$ 7,540,726$ 4,000,000$ -$ 1,500,000$ 1,250,000$ 15,030,796$

GRAND TOTAL CIP 108,938,785$ (24,785,208)$ 84,153,577$ 347,913$ 3,635,007$ 27,421,848$ 22,068,403$ 12,675,514$ 13,754,892$ 4,250,000$ 84,153,577$

Approved Program Expenditures by Fiscal Year

EXHIBIT 2

# Description June 2024 CIP

Update Approved Revisions

Approved September

CIP Update AIP Grants

FEMA Community Grants FDOT Grants

BIL-ATP

Entitlements

BIL-AIG

Entitlements Total Grants Authority Funds Total

AIRFIELD

1 Runway 7-25 Rehabilitation (Last rehabilitation in 2002) 48,279,753$ (30,783,205)$ 17,496,548$ (25,153,891)$ -$ (2,861,298)$ -$ -$ (28,015,189)$ (2,768,016)$ (30,783,205)$

Runway 13-31 Rehabilitation (Design and Construction) 17,325,741 - 17,325,741 51,867 - (41,494) - - 10,373 (10,373) - 2 Taxiway A, B & E4 Rehabilitation 5,783,500 (5,783,500) - (5,030,322) - (447,947) - - (5,478,269) (305,231) (5,783,500) 3 East Ramp Rehabilitation Phase 1a (Western/CBP Area) 3,528,985 (3,417,557) 111,428 - - (1,787,655) - (799,400) (2,587,055) (830,502) (3,417,557) 3 East Ramp Rehabilitation Phase 1b (Balance of Original Phase 1) 2,708,914 (2,575,256) 133,658 - - (182,756) - (2,056,011) (2,238,767) (336,489) (2,575,256) 4 East Ramp Rehabilitation Phase 1, Construction (Combined Phase 1a & 1b) - 4,030,000 4,030,000 - - 782,073 - 2,527,411 3,309,484 720,516 4,030,000

Taxiway A Rehabilitation (Eastern Section - Design and Construction) 6,778,000 - 6,778,000 - - - - - - - - Taxiway A Connectors (Design & Construction) 5,704,830 - 5,704,830 - - - - - - - - Taxiway E Rehabilitation (South of Rwy 7-25) 4,491,176 - 4,491,176 - - - - - - - -

5 NEW East Ramp Rehabilitation, Phase 2 - 7,976,400 7,976,400 6,412,500 - 570,000 - - 6,982,500 993,900 7,976,400 6 Parallel Taxiway (South of Rwy 7-25) - Environmental & Design 2,000,000 1,750,000 3,750,000 1,575,000 - 140,000 - - 1,715,000 35,000 1,750,000 7 NEW Airport Lighting Control and Monitoring System (ALCMS) - 275,000 275,000 - - - - - - 275,000 275,000

AIRFIELD Total 96,600,899$ (28,528,118)$ 68,072,781$ (22,144,846)$ -$ (3,829,077)$ -$ (328,000)$ (26,301,923)$ (2,226,195)$ (28,528,118)$

TERMINAL

8 Generator Installation - Administration & Maint Bldgs and CBP 800,000$ 250,000$ 1,050,000$ -$ -$ 809,600$ (722,000)$ -$ 87,600$ 162,400$ 250,000$

TERMINAL Total 800,000$ 250,000$ 1,050,000$ -$ -$ 809,600$ (722,000)$ -$ 87,600$ 162,400$ 250,000$

LAND DEVELOPMENT, ROADWAY & OTHER

9 ORL Master Plan Update 795,886$ 53,910$ 849,796$ -$ -$ -$ -$ -$ -$ 53,910$ 53,910$ 10 Colonial Promenade Improvements 2,000,000 - 2,000,000 - - - - - - - - 11 Stormwater Restoration Project (Phase 1) 4,000,000 - 4,000,000 - (3,000,000) 2,400,000 - - (600,000) 600,000 - 12 Airport Beacon 342,000 189,000 531,000 - - 151,200 - - 151,200 37,800 189,000 13 Utilities Infrastructure Improvements (on airport property) 4,000,000 (750,000) 3,250,000 - - (1,000,000) - - (1,000,000) 250,000 (750,000) 14 Stormwater Assessment, Phase 1 400,000 - 400,000 - - - - - - - -

CIP Unallocated - 4,000,000 4,000,000 - - - - - - 4,000,000 4,000,000 LAND DEVELOPMENT, ROADWAY & OTHER Total 11,537,886$ 3,492,910$ 15,030,796$ -$ (3,000,000)$ 1,551,200$ -$ -$ (1,448,800)$ 4,941,710$ 3,492,910$

GRAND TOTAL CIP 108,938,785$ (24,785,208)$ 84,153,577$ (22,144,846)$ (3,000,000)$ (1,468,277)$ (722,000)$ (328,000)$ (27,663,123)$ 2,877,915$ (24,785,208)$

Approved Revisions to June 2024 CIP Funding Plan