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St. Louis Lambert Airport presents $247 million FY26 budget, cites airlines as primary revenue source for consolidated terminal plans
Summary
Airport officials told the Budget and Public Employees Committee on May 28 that the FY26 operating and debt budget totals about $247 million and that airlines will fund most debt for a proposed consolidated terminal; officials also described revenue growth from parking and concessions and a new $225 million revolving credit line.
St. Louis Lambert Airport officials presented the airport’s proposed fiscal year 2026 operating and debt budget to the St. Louis Board of Aldermen’s Budget and Public Employees Committee on May 28.
Airport Director Rhonda Hamnibrigi and Antonio Strong, deputy director for finance and administration, said the airport expects roughly $253.2 million in total revenue for FY26 and a combined O&M and debt-service budget of about $247 million. “As an enterprise fund, for the city of Saint Louis, we derive our revenue from the users of the airport,” Antonio Strong said during the presentation.
Why it matters: The airport is in the design phase of a proposed consolidated terminal, and airline approval is required at 90% design. Airport staff said demonstrating fiscal responsibility to airline partners was a top priority while preparing the FY26 forecast.
Key budget details:…
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