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2006 Fall Forum Airport Funding Status

2006 Fall Forum Airport Funding Status. Peter Buchen Mn/DOT Office Of Aeronautics October 11, 2006. Overview. Monitoring the Budget Impacts on Airports Lessons Learned Future Challenges Strategies to Consider. FY 2007. FY 2006. Anticipating Change. Who Is Affected?.

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2006 Fall Forum Airport Funding Status

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  1. 2006 Fall ForumAirport Funding Status Peter Buchen Mn/DOT Office Of Aeronautics October 11, 2006

  2. Overview • Monitoring the Budget • Impacts on Airports • Lessons Learned • Future Challenges • Strategies to Consider

  3. FY 2007

  4. FY 2006

  5. Anticipating Change

  6. Who Is Affected? • Prioritized Project List • Safety • Preservation • Leverage Federal Funds • Emergency ???

  7. FY 2008 Minnesota Laws 2003 First Special Session Chapter 18, Article 1, Sec. 2 • On July 1, 2007 the Commissioner shall transfer $15,000,000 from the general fund to the state airports fund.

  8. FY 2008 & 2009 Assuming This Will Happen How Much Will be Appropriated? • All • Some • None

  9. Lessons Learned • In Crisis Everyone Wants a List • Estimates Matter • Costs Uncertain • Local Priorities Change • Flexibility Lost with Small Budget. THIS ISN’T EASY

  10. Project Eligibility Initial Checklist • On ALP? • Justified? • Environmental Impact Done? • Eligible Work? • Zoned? • Money Available? Sometimes You Have to Wait

  11. Future Challenges • Pent Up Demand • Aging System w/ more Large Projects • Expansion v. Preservation • How Do We Get to Lower Priority Projects?

  12. Future Challenges • How Much Money Will There Be? • State Revenues Declining • Competing Interests • Federal Funds Uncertain • Competing Interests

  13. Strategies to Consider • Prioritized List of Projects • Leverage Federal Funds • Non-NPIAS Airports First • Use Entitlements First • Reduce Percentage • Others?

  14. Questions? Comments?

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