Yes, GA airports generate revenue, but measured as
dollar/acre GA revenue is abysmal. Virtually any other economic use of
airport land will produce a tremendous amount more of $$$ than GA.

Well, not really. What happens is that the existance of DXR makes the
existance of BID more valuable. DXR is providing positive economic
impact to BID (and the rest of Block Island). Were DXR to be leveled
and replaced with condos or some such, the economic benefit would go to
the land developers, BUT IT WOULD COME OUT OF BID (and other places that
have no say in the matter).

It just =looks= like condos are a better deal, but that's because the
benefit of one airport is spread out over all the other airports.

It's the same argument against getting "corporate taxpayers" on the real
estate rolls. More business developement should mean more town taxes
coming from their corporate tax, and lessen the burden on homeowners.
But it doesn't work that way. Graph the mill rates of towns vs their
corporate development ratio, and you'll see (at least I've found in my
area) that the more corporate developement, the HIGHER the mill rate.

The EXPENSES to the town generated by businesses is diluted so it can't
be seen, but it is juts as real.

Jose
--
The price of freedom is... well... freedom.
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