Naples Airport presents FY2026 budget, plans new landing fees and airfield work

The Naples Airport Authority presented its fiscal 2026 operating and capital plan to the City Council on Sept. 3, showing the airport will remain user-funded while drawing down reserves to pay for major airfield work and preparing to introduce a landing-fee program if expected grants do not materialize.

The airport projected operating revenues of about $3.7 million and $11.8 million in nonoperating receipts for FY2026, including roughly $9 million in insurance proceeds related to airfield lighting and vault damage from Hurricane Ian, Lynn Wiggins, assistant director of finance and administration at the Naples Airport, said. The authority expects roughly $45 million in capital needs next year, with about $28.3 million — roughly 63% — earmarked for airfield work.

"The bulk of our spend is going to be on the airfield," Wiggins told council members. She said the airport is preparing a new landing-fee program to offset possible gaps in grant funding and that no new development projects are included in the FY2026 budget.

Why it matters: The airport handles a substantial volume of operations by private and business aviation and most capital…