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Pease Development Authority officials outline port and airport finances; committee approves PDA budget
Summary
Pease Development Authority executive staff told the committee that the Division of Ports & Harbors and Pease Tradeport Industrial Commerce Park are self-sustaining, supported largely by fees and leases; the committee voted unanimously to approve the PDA budget as presented.
Paul Breen, executive director of the Pease Development Authority (PDA), and Susie Anzalone, finance director, briefed the committee on the operating budget for the Division of Ports and Harbors and related Pease properties, including Portsmouth International Airport at Pease and Skyhaven Airport.
Breen described the division's portfolio: Market Street deepwater berth (New Hampshire's only deepwater berth), harbors in Hampton and Rye, the Portsmouth Fish Pier and navigational waters in the Piscataqua and Great Bay. He described PDA's role as airport sponsor for Portsmouth International Airport at Pease and as manager of the Pease Tradeport industrial park, explaining that airport and non-aeronautical revenues are used to maintain the Air National…
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