Sandpoint Airport plans new lot leases to boost revenue by $60K annually

During a recent budget workshop in Bonner County, officials discussed significant developments at Sandpoint Airport that could enhance revenue and support local economic growth. The meeting highlighted plans to lease additional lots at the airport, which are expected to generate substantial income for the county.

Two new lots have already been leased for $2,700 each annually, contributing to a projected budget surplus for the year. Officials expressed optimism about hiring a surveyor to delineate six additional lots in the southeast corner of the airport, with an estimated cost of $40,000 for the survey work. Once completed, these lots could yield approximately $60,000 in annual revenue once leased.

The timeline for leasing these lots is promising, with expectations that most will be leased over the winter, allowing construction to begin in the summer of 2026. This development is seen as a significant opportunity for local businesses and investors, as the initial leasing costs are relatively low, around $4,000 to $5,000 per year. However, the real investment will come from the construction of hangars, which could each represent a million-dollar investment.

Additionally, the airport has benefited from reduced costs associated with navigational aids, as the Federal Aviation Administration (FAA) transitioned to GPS-based systems. This change has allowed the airport to save on maintenance contracts, freeing up funds that could be redirected toward the survey work necessary for the new lots.

As the county moves forward with these plans, officials are hopeful that interest in leasing the lots will remain strong, despite the potential fluctuations in the market. The discussions at the workshop reflect a proactive approach to enhancing the airport's infrastructure and supporting economic development in the region. The outcomes of these initiatives could play a crucial role in shaping the future of Sandpoint Airport and its contributions to the local economy.