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Lancaster Airport Authority reports $4.85M in cash and approves January financials
Summary
Treasurer Daniel Ruppert reviewed the Jan. 31, 2026 financials showing combined cash and equivalents of $4,852,239.74 and a Certificate of Deposit of $4,375,000. The board approved the financial report subject to audit.
Daniel Ruppert, Treasurer, reviewed the monthly financial report for the period ending Jan. 31, 2026. Key numbers reported included combined total cash and cash equivalents of $4,852,239.74 and a Certificate of Deposit balance of $4,375,000. The Alliance Aviation operating account showed positive January revenue ($31,832.83) while the General Fund reported a small year-to-date net deficit; staff characterized accounts as generally in line with budget.
Ruppert moved to approve the financial reports; Frank Vargish seconded and the board unanimously approved them subject to audit. The board received the Grant-Funded Project Construction report (balance $20,314.31 at Jan. 31) and a Passenger Facility Charge account balance of $17,468.07.
