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County approves Roanoke Regional Airport Commission budget; Signature Flight Support to invest $14 million
Summary
Supervisors approved the Roanoke Regional Airport Commission FY24-25 operating and capital budgets April 23; capital projects include taxiway reconstruction, runway rehabilitation design, terminal roof replacement and security/baggage system work. Signature Flight Support will invest about $14 million in a new hangar, officials said.
The Roanoke County Board of Supervisors voted April 23 to approve the Roanoke Regional Airport Commission's FY24-25 operating and capital budgets after a presentation by Executive Director Mike Stewart.
Stewart told the board the airport projects operating revenues of about $13.8 million for FY25, a roughly 17% decline from FY24 largely attributable to the expiration of federal pandemic relief funds. He said expenditures are projected at about $12.8 million and the airport is expected to remain in the black with a modest net.
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