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Airport briefing highlights hangar revenue, LifeFlight lease and fuel payback
Summary
Airport manager Craig Stalmo told the board hangar leases are at 100% occupancy and estimated 2027 hangar lease revenue at about $179,320; he also confirmed a five‑year lease renewal with LifeFlight and said the above‑ground fuel tanks have a 20‑year payback schedule.
Craig Stalmo, airport manager, said the airport’s hangar leases are fully occupied and estimated next year’s hangar revenue at $179,320 assuming a 3.5% CPI increase. “All of the, tee hangars and the box hangars are 100% full,” Stalmo said while describing revenue projections and two additional hangars currently under construction.
On emergency services, Stalmo said he had renewed the land lease with LifeFlight for another five years and that firefighting staging is coordinated by the airport’s FBO, Cascade Air. He also said the above‑ground fuel tanks are expected to pay back over a 20‑year schedule and offered to provide detailed fuel‑sales numbers at the next airport board meeting.
