Title
Annual Airport Budget Presentation to Board of Aeronautic Commissioners
Body
Issue/Request:
Annual Airport Budget Presentation to Board of Aeronautic Commissioners
Key Issues:
Major Initiatives / Significant Changes for FY19
· Proposed CPI Increase of 2.3 percent on Hangar and tie down rentals
· Airports’ NPDES Permit now a site specific permit due to proximity to Unity Village’s drinking water source
· Fifth Annual Open Airport House
· Complete the development of the Airport Marketing Plan with Creative Services
· Host fall customer tenant meeting to inform customers and tenants of planned improvements for the Airport
· Two new businesses located in Hangar 1 include an Aircraft maintenance shop (5625 sqft) and an Avionics Shop (625 sqft) plus rental on one Aircraft spot.
CIP Projects for FY19
· Completion of reconstruction and lengthening of Taxiway Alpha that began in FY18-$6.7 mil- Local share $318,000 -Federal and State participation. This includes the removal of seven hangar buildings that housed 49 aircraft. Part of Taxiway Alpha project; loss of 68 rental units.
· Completion of construction of two hangar buildings that will house 28 aircraft - $2.7 mil, no federal or state dollars.
· Requested Federal and State funding to begin the development of a new Master Plan and Business Plan over a period of several fiscal years to replace the current Master Plan that will be 20-years old - estimated cost $700,000-FY19 $150,000 -Federal and State participation.
· Complete the acquisition of avigation easements on the South Runway Protection Zone (RPZ)-$850,000 - Federal and State participation.
· Begin Phase 3 Land Acquisition-$1.7 mil, FY19 $320,000 eligible - Federal and State participation.
· Site Development-Northeast Side-$3.4 mil project-FY19 2.8 mil - Federal and State participation.
· Begin the design phase for the middle section of Taxiway Alpha development-$1.3 Mil project-FY19 $155,000 - Federal and State participation.
· Begin the first...
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