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Airport Financing: Smaller Airports Face Future Funding Shortfalls

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Report Type Reports and Testimonies
Report Date Feb. 22, 1999
Report No. T-RCED-99-96
Subject
Summary:

This testimony discusses airport funding issues, especially as they apply to smaller airports -- all but the 71 largest airports in the national airport system. These smaller airports range in size from small hub airports like Wichita Kansas' Mid-Continent Airport to small general aviation airports with only a few aircraft based at them. GAO discusses (1) how much funding has been made available to airports, particularly smaller airports, for their capital development and what the sources of those funds are; (2) how current funding levels, if they continue, compare with the levels small airports plan for future development; and (3) the effect that various proposal to increase or make better use of existing funding will have on small airports' ability to fulfill their capital development plans.

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