Service 04
Revenue & Funding Strategy
Airport Growth Partners helps sponsors evaluate current finances, identify overlooked revenue opportunities, and develop a realistic path toward greater financial self-sustainability.
A successful airport needs a clear understanding of where its operating revenue comes from, what its facilities cost to operate, and how future improvements will be funded.
What we help with
- Reviewing current airport rates, fees, rents, and other operating revenue
- Comparing rates and charges with similarly situated airports and relevant market conditions
- Identifying revenue that may be missing, underperforming, or inconsistently collected
- Evaluating municipal, county, state, federal, and private funding sources and the airport's ability to be as financially self-sustaining as possible
- Developing a long-range operating budget forecast to ensure operating revenues are on track to meet future needs
- Helping prioritize investments based on operational need, economic benefit, and funding availability
- Creating clear financial information for boards, authorities, councils, and other decision-makers
Expected outcomes
- A clear picture of the airport's operating revenue and future requirements
- Rates and fees supported by consistent reasoning and documentation
- Identification of practical opportunities to increase airport revenue
- A practical plan for improving financial self-sustainability