b'Capital Region Airport Commission Managements Discussion and Analysis (Continued) June 30, 2025 and 2024 2025 Operating Expenses Supplies OtherInsurance2.4% 6.3% Personnel2.3% 45.5%Maintenance6.9%Parking14.6%Professional Services13.2% Utilities8.8%Operating expenses, exclusive of depreciation, totaled $41.1 million for fiscal year 2025, $35.6 million for fiscal year 2024 and $31.3 million for fiscal year 2023. The largest expense category for fiscal year 2025 was personnel expense, which increased by $2.9 million when compared to fiscal year 2024. Fiscal year 2024 personnel expense increased by $1.4 million when compared to fiscal year 2023. Parking expense increased by $325 thousand or 5.7% when compared to fiscal year 2024 parking expense. Fiscal year 2024 parking expense increased by $665 thousand or 13.3% when compared to fiscal year 2023 parking expense. The increase in parking expense in fiscal year 2025 was primarily due to higher utilization and shuttle operations related to economy lots. Below is a summary of expenses stated in thousands, for the three fiscal years ended June 30, 2025, 2024, and 2023: FY 2025 FY 2024 FY 2023Operating ExpensesPersonnel $18,692 $15,818 $14,465Utilities 3,6203,3713,438Professional services 5,4094,8083,644Parking 5,9945,6705,004Maintenance 2,8462,8062,277Insurance962 880 869Supplies979 982 929Other 2,5891,254 742 Total Operating41,09135,589 31,368Depreciation and Amortization 27,05429,14929,353 Nonoperating ExpenseInterest expense 1,2601,4531,668Other, net 1,991 12659Airline rates and chargesadjustment 1,029Total nonoperating 3,2511,5792,756Total $71,396 $66,317 $63,47713'