Airport Financing: Compliance With Federal Grant Requirements

RCED-97-179R Published: Jun 19, 1997. Publicly Released: Jun 20, 1997.

Highlights

Pursuant to a congressional request, GAO reviewed the Federal Aviation Administration's (FAA) compliance with funding requirements for federal grants for airport-related development to determine if established regulations and procedures were satisfied, focusing on federal funding for the construction of the new Northwest Arkansas Regional Airport and its highway connector road.

Full Report

Full Report (33 pages)

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Topics

Transportation

AirportsBonds (securities)Commercial aviationCost sharing (finance)Economic developmentFederal aid for highwaysGrant award proceduresHighway planningWeatherAirlines