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HomeMy WebLinkAboutReport - Mail Packet - 12/23/2014 - Memorandum From Jason Licon, Fort Collins Loveland Airport Director, Re: Airport Director�S ReportFort Collins – Loveland Airport Page 1 of 2 4900 Earhart Road  Loveland, Colorado 80538 (970) 962-2852  FAX (970) 962-2855  TDD (970) 962-2620 TO: Airport Steering Committee; City Councils FROM: Jason Licon, Airport Director RE: Airport Director’s Report DATE: 12/12/2014 Colorado Department of Transportation Division of Aeronautics Funding Shortfall The Colorado Department of Transportation Division of Aeronautics is funded through State sales and excise tax on aviation gasoline and jet fuel. These fuel taxes are received by the Division and 65% of it is immediately reimbursed to the airport from which the tax revenues were derived. The remaining 35% of collected taxes funds the discretionary grant program, where it is distributed to all of Colorado’s 72 public use airports and to aeronautical safety and education programs. Historically this grant fund has had approximately $15-20 million annually for disbursement to Colorado Airports, and since 2011 our airport has applied for and received over $2.4 million applied to capital projects. The discretionary grant program is funded at a 90% level requiring airport contribution match funding of 10%. On November 19th a Colorado Aeronautics Board meeting was held to discuss a significant issue relating to the state discretionary grant program for 2015. During the meeting David Gordon, Director of the Aeronautics Division, stated that they would have 20% or less of their anticipated funding available for the grant program during the 2015 grant cycle. The funding shortage was explained as being due to unrealistic revenue forecasts created by the reduction in fuel and oil prices that has occurred since July. The resulting funding thought to be available (approximately $3 million) will only be approved to airports as the state match for Federal Aviation Administration (FAA) funded projects at airports which are currently funded at 90%. This issue may result in numerous planned projects at airports across the State to be cancelled or delayed. The impact of this unanticipated funding reduction for our Airport will result in a 25% ($360,000) reduction of available funding to construct the planned $1.5 million snow removal equipment storage facility. The Airport has had a snow removal equipment storage facility in its capital improvement program for over 20 years, and has finally reached a priority status from the FAA and the State to enable its construction. Currently the Airport has funding that will be rolled over from 2014 to be applied to the project and additional funding planned for use in 2015; $610,000 in FAA funding, $370,000 in past appropriated state grant funding, and approximately $100,000 in local match totaling nearly $1.1 million. This news has caused Airport staff to reevaluate the planned design and construction of the building with what funding is currently available. Airport equipment and materials are currently stored in various locations across the airport including hangar buildings, a century old barn, and outside, creating reduced useful life of equipment, inefficiencies in equipment and supply management, and the reduced ability to generate revenue from aircraft storage facilities. The following photo depicts locations around the airport where equipment and supplies are currently located: Fort Collins – Loveland Airport Page 2 of 2 Police Training Campus Airport staff continues to work with the police training campus project management team to ensure that their timeline for the project design and construction would not be hindered by Airport regulatory requirements. These requirements are set forth by the FAA and must be completed prior to leasing of the property for non-aviation purposes. The process of obtaining the necessary land release from the FAA and the environmental review was started this month with the hope that it would be completed and approved no later than April 2015. A land release from the FAA is necessary because the property was originally acquired using FAA funds, and also because the Airport accepts Federal assistance for capital projects. During the past four years the FAA has funded 84% of all Airport capital projects for a total of $9.8 million. Since the property will be used for non-aviation activities we are required to apply for a land release allowing the change in use, and releasing it from our FAA grant obligations.