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Commission keeps hangar rents flat for coming year
Summary
After reviewing a rate survey and expected cost pressures, commissioners opted to hold hangar rents steady rather than enact a 3% increase (estimated at about $6,000), with two commissioners recusing themselves as tenants.
Staff presented a survey of hangar rates and recommended an inflationary 3% increase to cover rising costs; staff said the 3% increase "would be about $6,000." Commissioners discussed tenant impacts and market parity and reached consensus to keep rates flat for the coming year.
Several commissioners disclosed recusals as hangar tenants. A motion to keep hangar rates unchanged was moved, seconded and approved by voice; one abstention was recorded.
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