Transcript Project - Initial Steps

2006 Fall Forum
Airport Funding Status
Peter Buchen
Mn/DOT Office Of Aeronautics
October 11, 2006
Overview
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Monitoring the Budget
Impacts on Airports
Lessons Learned
Future Challenges
Strategies to Consider
Airport Development & Assistance
Appropriation
$16,000,000.00
$14,000,000.00
$12,000,000.00
$10,000,000.00
$8,000,000.00
$6,000,000.00
$4,000,000.00
$2,000,000.00
$-
Construction Maintenance Navigational
Grants
Grants
Aids
Pine Creek
Airport
Series1 $7,650,000.0 $3,740,000.0 $2,146,000.0 $12,000.00
Funding Category
LLR
Alexandria
Totals
$750,000.00 $14,298,000.
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Dollars in Millions
FY 2007
2007 Budget Estimates
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Series1
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FY 2006
FY 2006 Budget Estimates
8
7
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4
Series1
3
2
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Months
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Dollars in Millions
Anticipating Change
FY 2006 Budget Estimates
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7
6
5
4
Series1
3
2
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Months
2007 Budget Estimates
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7
6
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Series1
3
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Months
Who Is Affected?
• Prioritized Project List
– Safety
– Preservation
– Leverage Federal Funds
– Emergency ???
FY 2008
Minnesota Laws 2003 First Special Session
Chapter 18, Article 1, Sec. 2
• On July 1, 2007 the Commissioner shall
transfer $15,000,000 from the general fund
to the state airports fund.
FY 2008 & 2009
Assuming This Will Happen
How Much Will be Appropriated?
• All
• Some
• None
Lessons Learned
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In Crisis Everyone Wants a List
Estimates Matter
Costs Uncertain
Local Priorities Change
Flexibility Lost with Small Budget.
THIS ISN’T EASY
Project Eligibility
Initial Checklist
• On ALP?
• Justified?
• Environmental Impact Done?
• Eligible Work?
• Zoned?
• Money Available?
Sometimes You Have to Wait
Future Challenges
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Pent Up Demand
Aging System w/ more Large Projects
Expansion v. Preservation
How Do We Get to Lower Priority Projects?
Future Challenges
• How Much Money Will There Be?
– State Revenues Declining
• Competing Interests
– Federal Funds Uncertain
• Competing Interests
Strategies to Consider
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Prioritized List of Projects
Leverage Federal Funds
Non-NPIAS Airports First
Use Entitlements First
Reduce Percentage
Others?
Questions?
Comments?