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Oakdale council approves airport hangar rate increase, phases in CPI adjustments
Summary
Council approved a resolution to raise Oakdale Municipal Airport hangar and tie-down rates with phased increases in 2026–2027 and ongoing CPI adjustments capped at 3% beginning in 2028; vote 4-0.
The Oakdale City Council approved a resolution authorizing increases to airport hangar and tie-down lease rates and establishing ongoing Consumer Price Index (CPI) adjustments capped at 3% per year beginning in 2028.
City staff explained that the airport’s last rate increase was in April 2013 and recommended updating rates to reflect market conditions and to keep the airport financially self-sufficient without general fund subsidies. Staff recommended an 8% increase…
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