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  • Airport Financing Fact Sheet 6-1-07 ASP

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    airportcomm
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    Airport has no local taxes to pay for parking structures, terminals, taxiways, runways and other facilities directly associated with the airport itself. Airport funding sources include: 1) Federal funding - Airport Improvement Program (aip) grants from the Federal Aviation Administration (faa). 2) Passenger Facility Charges - the existing airport passenger facility charge, an FAA-approved $4. User fee on each airline ticket. 3) airport revenues - revenue generated at the airport from airline landing fees, tenant rentals, concessions, parking and

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    Airport has no local taxes to pay for parking structures, terminals, taxiways, runways and other facilities directly associated with the airport itself. Airport funding sources include: 1) Federal funding - Airport Improvement Program (aip) grants from the Federal Aviation Administration (faa). 2) Passenger Facility Charges - the existing airport passenger facility charge, an FAA-approved $4. User fee on each airline ticket. 3) airport revenues - revenue generated at the airport from airline landing fees, tenant rentals, concessions, parking and

    Copyright:

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    54 views1 page

    Airport Financing Fact Sheet 6-1-07 ASP

    Uploaded by

    airportcomm
    Airport has no local taxes to pay for parking structures, terminals, taxiways, runways and other facilities directly associated with the airport itself. Airport funding sources include: 1) Federal funding - Airport Improvement Program (aip) grants from the Federal Aviation Administration (faa). 2) Passenger Facility Charges - the existing airport passenger facility charge, an FAA-approved $4. User fee on each airline ticket. 3) airport revenues - revenue generated at the airport from airline landing fees, tenant rentals, concessions, parking and

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    of 1

    Airport Funding

    • No local taxes are required to pay for San Diego International Airport, including
    parking structures, terminals, taxiways, runways and other facilities directly
    associated with the airport itself.

    • Funding sources for San Diego International Airport come from a variety of
    outside sources and include:

    1) Federal funding – Airport Improvement Program (AIP) grants from the


    Federal Aviation Administration (FAA).
    2) Passenger Facility Charges – The existing airport Passenger Facility
    Charge, an FAA-approved $4.50 user fee on each airline ticket at San
    Diego International Airport.
    3) Airport revenues – Revenue generated at the airport from airline landing
    fees, tenant rentals, concessions, parking and other sources.
    4) Airport revenue bonds – Bonds would be issued by the Airport Authority
    and later repaid with dedicated airport revenues.

    ###

    Marketing & Communications Division 7/10/2008

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