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Select Board approves raising airport fuel revolving fund cap to $8.5M
Town of Nantucket Select Board & County Commissioners · December 18, 2025
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Summary
The Select Board approved an increase in the Nantucket Memorial Airport’s aviation fuel revolving fund cap from $6 million to $8.5 million to accommodate higher purchasing needs and maintain capital and PFAS remediation reserves.
The Select Board voted unanimously on Dec. 17 to increase the airport’s fuel revolving fund spending cap from $6 million to $8.5 million. Warren Smith, Airport Manager, explained the change is intended to allow the airport to purchase fuel without tapping operating…
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