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Commission defers fuel-farm expansion, adopts automatic fuel-pricing margin and raises fuel revolver
Summary
Officials deferred the $3 million fuel-farm capital request to FY2027, approved an automated retail fuel-pricing margin of $4.90 per gallon, moved to increase the fuel revolver to $11 million, and recommended seasonal staffing and housing steps to support fuel operations.
The Nantucket Memorial Airport Commission took a package of fuel-related actions April 14 after a detailed briefing from the fuel subcommittee and airport staff.
Deferral of expansion: Commissioner Levitt moved to defer the $3,000,000 fuel-farm expansion capital request to fiscal year 2027; the motion passed unanimously. Subcommittee members said the FY2027 schedule gives time to finish engineering and align the item with town budgeting after an attempt to place it on the current warrant missed publication deadlines.
Retail fuel pricing: The fuel subcommittee…
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