The Greenwood Municipal
Airport has gotten an infusion of tax dollars this year to pay for
projects that it would have taken five years to complete on its own.
Those projects have
helped bring in about $40,000 more in fuel sales and hangar rental fees
during the past few months. The purchase and renovation of a hangar is
expected to generate another $56,000 in rental income next year, about a
20 percent increase.
The added income will help the city-run
airport near County Line Road and Emerson Avenue fund its $831,800
yearly budget and should leave money left for future projects, airport
manager Ralph Hill said. The airport no longer needs property tax
dollars to pay its bills and should soon be able to contribute money to
support other city government services.
This story appears in the print edition of Daily Journal: http://www.dailyjournal.net
http://greenwoodairport.com
http://www.airnav.com/airport/KHFY
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