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Commission hears monthly airport financial report; reserves described as recovering
Summary
Airport manager Janelle reported budgeted revenues and year-to-date figures, while commissioners noted capital reserves have risen toward about $900,000 and called the airport financially secure; a single persistent past‑due tenant was discussed.
The Grosse Ile Airport Commission reviewed its monthly financial report during the meeting. Airport Manager Janelle presented the figures, reporting the budgeted revenues, year‑to‑date revenue and expenditures, current capital reserves, and a past‑due rent summary. Commissioners described capital reserves as increasing and said the airport is…
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