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Airport projects modest fund‑balance draw; board hears year‑round tower fee and tower contract reset

3224239 · May 7, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Airport Director Kim Stevenson presented an FY26 airport fund budget projecting roughly $2.32 million in revenues and a small use of fund balance (~$50,000) if revenues hold; staff included a year‑round $10-per‑landing tower fee and budgeted a 5% increase in the annual tower contract estimated at $544,000 next year.

Kim Stevenson, airport director, briefed the Board on the FY26 airport fund budget. She projected revenues of about $2.323 million — a roughly 7% increase from the prior year — driven primarily by rents and leases and a modest rise in fuel‑flow fees.

Stevenson said the airport will include a year‑round $10-per-aircraft-per-landing tower support fee in the calculation this year. The airport modeled the fee conservatively,…

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