b'Capital Region Airport Commission NOTES TO FINANCIAL STATEMENTS June 30, 2025 and 2024 Note 7.LEASES (continued) Expected future payments, which are included in the measurement of the lease receivable at June 30, 2025 are as follows: Year Principal Interest Total2026 $7,492,808 $1,345,548 $8,838,3562027 7,405,041 1,197,447 8,602,48820287,593,226948,808 8,542,0342029 7,748,995694,863 8,443,8582030 7,776,514438,443 8,214,9572031-2035 1,819,015 1,349,501 3,168,5162036-2040 2,445,658998,955 3,444,6132041-2045 1,424,495665,683 2,090,1782046-2050 1,593,359450,214 2,043,5732051-2055971,182187,801 1,158,9832056225,169227,6622,493Total $46,495,462 $8,279,756 $54,775,218Airport Use and Lease agreements (Regulated Leases) TheCommissionhasenteredintoregulatedleaseswithitsSignatoryAirCarriers(American,Delta, JetBlue,Southwest,Spirit,andUnited)forusageoffacilitiesforthepurposeofconductingair transportation business.The existing two-year extension of the airline operating and terminal building agreementbetweentheCommissionandthesignatoryaircarriersexpiredonJune30,2022.This agreement establishes the methods to be used in determining airline rates and charges at the Airport. Inearlyfiscalyear2023,theCommissionnegotiatedanew5-yearextensionoftheoperating agreement, which has been signed by American, Delta, Southwest, Spirit, and United, with the final signature expected prior to year-end. These agreements are non-cancellable and will terminate no later than 2028, with option to negotiate an extension, or month-to-month and cancellable with 30 days notice. Under the terms of these agreements, Signatory Air Carriers and affiliate airlines make monthly payments to the Commission based on the annual rental rates and charges schedule.Rate calculations are based on total estimates of costs and expenses, estimates of passengers and total landed weight per 1,000 lbs., and other factors. Following the end of each fiscal year, the Commission calculates the actual Signatory Airline Landing Fees based on actual costs and actual Total Landed Weight. Any overages or deficits are credited or recovered the following year. Non-signatory airlines are billed an additional 15% surcharge on the signatory landing fee. Under the agreements with American, Delta, and United, each air carrier has exclusive and preferential use of certain space and facilities of the terminal and preferential use of certain apron areas. Exclusive use is granted for ticket counter areas, ticket counter offices, concourse operations, and baggage service areas. Preferential use is granted for the hold room area, ramp service area, and outbound baggage area.Aircraft gates at the terminal building are assigned on a preferential use basis. Each Signatory Air Carrier has priority in using its gates, but the Commission may temporarily assign gates to other airlines under certain conditions.A Signatory Air Carriers use of its gates is subject to the certain conditions. If the usage conditions are not met, the Commission may cancel the Signatory Air Carriers right to use one or more of its gates. No other airlines have exclusive or preferential use of more than ten (10) percent of terminal space or other areas as of June 30, 2025.38'