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Lawrence airport projects a budget shortfall for 2026; city transfer covers operations now
Summary
City budget staff presented a preliminary 2026 forecast showing an operating deficit that will draw down airport fund balance. The presentation showed a large transfer from the general fund in the current year (nearly $500,000) and projected a year‑end negative position in 2026 unless revenues rise or costs are reduced.
A city budget presentation at the Aviation Advisory Board meeting on June 4 outlined a multisession concern: the Lawrence airport fund is drawing down reserves and may show a negative net position in 2026 without changes to revenue or expense allocations.
A city staff member, Kathleen, reviewed a preliminary 2026 fund forecast and explained that the current year includes a substantial transfer from the city’s general fund — nearly $500,000 — to cover…
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