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![]() Well-well, read 'em and weep: Just slide that stack of poker chips over now: "It was almost like they were an independent nation out there, with **********no accountability************** to the taxpayers," Schillerstrom said. That has changed, he said. The *********** Airport Authority now collects about $6.5 million annually in realestate taxes--about 20 percent of its $29.9 million a year budget. ************** Over $10 from each person, child, senior, invalid, in the county-JG None of the property-tax revenue is used to pay airport operating costs. Instead, the funds are used to retire debt. The $12.8 million in long-term debt is scheduled to be paid off in 2007, at which time the property-tax levy could be cut in half, Goodwin said. COULD, like, maybe or if you say pretty please. Here comes a BUT, oh a hangar for the pretty planes. But the airport expects to borrow money to finance the construction of a hangar addition. Goodwin said he is cautious about promising to eliminate the need for property-tax funds until the airport is debt-free and until a proposed high-technology research center on airport-owned land along Roosevelt Road and Fabyan Parkway begins generating revenues for the authority. (SO, don't bet the kids college tuition on it. The TECH PARK is a JOKE, miles away from the tollway and high office vacancies already.-JG) But for the first time, officials say, it ****appears*** that operating revenues from hangar leases, the sale of aviation fuel and other fees are enough to cover the day-to-day costs of running the airport. ****** Again with the APPEARS ****** do they cover or not? Anyways, Vamanos! (ALOT of Maybes, and It Appears) |
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