The Oklahoma City Airport Trust presented its fiscal year 2026 budget to trustees on May 29, projecting revenue of about $208,000,000, down from $211,000,000 in the current year, and identifying an $8,000,000 revenue shortfall tied to airline activity forecasts.

A staff presenter told trustees the trust will trim budget lines where possible while relying on carryover capital funds and reserves. The presentation showed operating expenses rising slightly even as overall budgeted revenues fall; projected reserves were expected to increase by roughly $6,000,000 to be set aside for upcoming capital projects.

The trust outlined a roughly $135,000,000 capital program for FY26 that spans its airport properties. Key projects highlighted included replacement of passenger boarding bridges (a $20,000,000 program with about $9,000,000 expected to be spent in FY26), completion of a new hangar for tenant AAR (about $13,000,000 expected this year), and design and expected start of construction on a new air traffic control tower at Wiley Post Airport to address visibility blind spots in the existing facility.

Staff said the trust intends to cash‑fund some projects, including a planned parking garage, by retaining a portion of year‑end balances. The presentation listed funding sources for capital programs and projects as OCAT funds and Mike Monroney Aeronautical Center funds (approximately $55,000,000 combined), a rental car customer facility charge (CFC), tenant contributions (for example, AAR toward its hangar), State of Oklahoma funding (about $5.6 million) and federal grants (about $34.8 million).

Trust staff described the breakdown of revenue drivers—building rents, landing fees and fuel sales—and said building rents and landing fees were forecast to decline in line with airline activity. A multi‑year capital plan was shown indicating similar proportional spending across five years, with the bulk of investment at Will Rogers World Airport and continued work at Wiley Post and the Mike Monroney Aeronautical Center.

During the meeting trustees voted to receive the FY26 budget presentation; the trust chair called for a motion and second and the item passed. No roll‑call vote tally was read into the record during the discussion.

Trustees asked no substantive follow‑up questions during the formal presentation. The budget presentation had also been shown to Oklahoma City Council earlier in the week, staff said. Additional line‑item adjustments and final adoption steps will follow the trust’s established approval process.