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Airport projects modest fund‑balance draw; board hears year‑round tower fee and tower contract reset
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, estimating only modest near‑term revenue from the change; Stevenson said the fee is intended as a support mechanism rather than a new profit center.
On expenses, the airport projected a small fund‑balance draw of roughly $50,000 if revenues match (or fall short of) estimates. Stevenson also reported the multi‑year tower contractor agreement will reset and the airport modeled a 5% increase to that contract, bringing the anticipated annual tower contract to roughly $544,000 when the contract restarts. She told the board she will provide additional details about the contract as it is finalized.
The airport also reviewed equipment and operations requests: replacement “Toughbooks” for operations staff (to replace older tablets), funding for trucks already approved midyear, and a conservative approach to capital requests. The airport reported Fund 301 (sewer/hangars) expects minimal change in revenues this year.
The board asked about the tower fee’s revenue estimate and the airport agreed to monitor results; staff will return to provide final contract terms and any needed budget adjustments.
Ending: Airport staff will monitor tower fee revenues, finalize the tower contract details and present any necessary adjustments to the FY26 budget during upcoming budget meetings.
