Airport Financing: Smaller Airports Face Future Funding Shortfalls
T-RCED-99-96
Published: Feb 22, 1999. Publicly Released: Feb 22, 1999.
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Highlights
Pursuant to a congressional request, GAO discussed airport funding issues as they apply to smaller airports, focusing on: 1) how much funding has been made available to airports, particularly smaller airports, for their capital development and what are the sources of these funds; (2) comparing airports' plans for future development with current funding levels; and (3) what effect will various proposals to increase or make better use of existing funding have on smaller airports' ability to fulfill their capital development plans.
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Air transportationAirportsFacility constructionFederal aid for transportationFederal grantsFuture budget projectionsAviationGrant programsFunding shortfallPassenger facility charges