Airport Revenue Report8 0•0
Annual Budget $ 10,681.00
Interest on Reg. Warrants 9,500.00
Debt 1-30-89 $200,971.00
5
(Operations)WOA
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($791.00/month) Eg-
(Capital Improvement)
Total Budgeted $221,152.00
I. User Fee (@$25.00/yr.) "89" Total User Fee Revenue $725.00
II. Commercial (FBO) (@$50.00/yr.)
"89" Total Commercial Revenue $2,200.00
III. Hangar Leases
Billmayer $611.52/yr. Total Credit $3,830.06
Improvement Credit 10 yrs. 1984-1993
Helicopter $425.25/yr. Total Credit -0-
15 3/4� sq. f t.
Improvement Credit -0- 1988-2008
Elton Noyes $217.80/yr. Total Credit -0-
Improvement Credit 124 yrs. 1984-2004
Total Credit $2,661.00 1985-1997
Gardner $504.00/yr. Total Credit $3,854.17
Improvement Credit 15 yrs. 19g8-2003
Potts & Heckle $210.00/yr. Total Credit -0-
.07�/sq.ft.
Improvement Credit -0- 1986-2006
"89" Total Hangar Revenue $887.25
IV. Tie Down Fees
Strand:
Eagle:
Stockhill:
V. Gas Tax
Revenue Summary:
User Fee
Commercial Fee
Hanger Lease
Tie Down Fee
Gas Tax
$367.50
37.50
►a.I1WOM
$712.50
Total Tiedown Revenue $712.50
Total Gas Tax Revenue $2,628.70 (12-27-89)
$ 725.00
2,200.00
887.25
712.50
2,628.70
$7,153.45
FOOD FOR THOUGHT
Airport Land Use Options for Discussion:
Sale - place available land on the real estate
market. (Obtain appraisal)
Lease - lease for commercial use (sq. footage
basis)
Exchange - land exchange for property more desirable
(to resell or develop sports, parks,
etc.)
Cash and land exchange.
As is - leave as is and look to other means to
raise revenue.
Other
'Comparison of Land values
Status Location
#1 Sold
Highway 2 East
06vq&
Highway 93 Frontage Size
Sq. Ft. I Cost
42,600 sq. ft.
+ demolition $6.57/sq. ft.
#2 Highway 93 North 152,460 sq. ft.
2.09/sq. ft.
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#3 Highway 2 West 28,400 sq. ft.
6.69/sq. ft.
,JCS
#4 Griffin Field 90,000 sq. ft.
2.00/sq. ft.
#5 Valley Bank
option to buy 3rd & Main 140,000 sq. ft. 7.25/sq. ft.
#6 Needs Airport Ballfields $2.00 to
Appraisal 350' x 1,550' 542,500 sq. ft. 2.50/sq. ft.
$2,000.00
(Airport Vicinity)
Owner
Acres
Assessed Value
#7
Strand
3.9 acres
$26,270.00
#8
Edmiston
2.09
acres
30,900.00
#9
Hines
1.47
acres
64,033.00
#10
Burton
1.52
acres
25,200.00
#11
Wilken
4.57
acres
76,560.00
#12
Stevens
1.68
acres
15,040.00
#13
Monk
.37
acre
4,011.00
#14
Weber
1.29
acres
56,775.00
#15
Beatrice
2.54
acres
17,440.00