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Clearing the air - Airport funding


Posted by: tdt -

By TAMMI KATE LEDFORD

Last week TxDot announced Texas Panhandle airports were receiving grants to make improvements to the airports’ runways and ramps. This funding comes from the Federal Excise Tax from fuel sales. The sale of jet fuel generates 25 cents per gallon, and 100 octane fuel generates 20 cents per gallon, which is paid to the federal government as a fuel tax by every plane that purchases fuel at every airport. The grant received by the City of Dalhart is a matching grant. The matching grant funds required from the City of Dalhart are generated through fuel sales and leases at the airport. The city grant has been earmarked to replace fifty 12’x 20’ concrete slabs which start exactly where the project for the Larsen Group’s new construction ends.
The new facility being constructed by the Larsen Group is funded solely from the group, and no taxpayer’s money or grant funding is being spent on the new administration building, restaurant and pilot’s lounge or meeting room. The grant money is strictly for the runways and ramps owned and maintained by the City of Dalhart.

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