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2006 Fall Forum Airport Funding Status

Explore the complex landscape of airport funding, monitoring budgets, and project prioritization in the face of uncertainty. Learn from past lessons and discover strategies to leverage federal funds in navigating future challenges.

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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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