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Merrill Field manager proposes staged rate increases to close projected shortfall
Summary
Merrill Field officials asked the committee to support proposed rate increases for tie‑downs, daily transient parking and vehicle parking to avoid a projected 2026 budget shortfall and to recover rates paused during the pandemic.
Earl Malbus, Merrill Field airport manager, told the Assembly Infrastructure, Enterprise and Utility Oversight Committee on July 29 that Merrill Field will propose rate increases in the 2026 municipal budget to eliminate an anticipated shortfall and restore rates that were not raised during and after the pandemic.
Malbus said land lease rates at Merrill Field were held at 24 cents per square foot but would have been about 29 cents per square foot if they had continued to rise with CPI. He said the airport needs roughly $400,000 a year in fund balance for federal grant matching and that the proposed increases—targeting…
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