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Board approves budget supplement to cover higher airport fuel sales
Summary
County administrator Goodwin told the board Louisa County Airport has sold nearly $420,000 of fuel year-to-date and the board approved a budget supplement to reflect higher sales and additional fuel purchases.
County administrator Goodwin told the Board of Supervisors on June 1 that Louisa County Airport has sold nearly $420,000 worth of fuel so far this year, including about $56,000 in April, and asked the board to approve a budget supplement so the airport can purchase more fuel to meet demand.
Goodwin said fuel operations are a revenue-generating part of the airport—budget, with a reported markup of 15% on Avgas and 20% on Jet A. The board moved, seconded and approved the supplement by voice vote.
Why it matters: The airport—fuel program is running above its original budgeted levels; the supplement aligns revenues and expenditures so the airport can maintain inventory and operations.
