State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU.

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Presentation transcript:

State Funding Distribution Fiscal Year 2014 ALABAMA DEPARTMENT OF TRANSPORTATION AERONAUTICS BUREAU

Refund Distribution FY 2014 Ascent Aviation Group, Inc.$50, AVFUEL Corporation$88.84 Eastern Aviation$621, Panalpina Inc$320, Perry Brothers Aviation$4, Phillips 66 Company$10.72 Shell Oil Products US$6, Southwest Airlines$195, Suncoast Resources$ Total$1,199,270.67

Total Distribution FY 2014

Aeronautics Bureau Airport Development Fund Fiscal Year 2014 Airport Development Fund $3,650, Logo Fees $1,400, Grants $1,503, Refunds $1,082, Administration $1,100, Fuel Tax Revenue $2,250,387.00

Result of Inadequate State Funds Airport sponsors planned for an additional $5,076,000 in capital improvement projects that could not be constructed in Fiscal Year 2014 because adequate state matching funds were not available. This represents the total dollar amount of the applications received by the Aeronautics Bureau that could not be constructed because state funding was not available. It includes state funds, FAA funds, and the sponsor’s share of federally funded and state 50/50 projects.