Fayette Airport Authority faces $100,000 deficit to operate airport
By Cindy Ekas
Published: Thursday, July 18, 2013, 7:12 a.m.
The Fayette County Airport Authority is currently facing an estimated $100,000 deficit that occurred during the past six months to operate the Joseph A. Hardy Connellsville Airport.
Cathy Malago, temporary office assistant, told authority members Wednesday night she is projecting the deficit could increase by an additional $50,000 during the next six months.
“This is not good news,” authority manager Fred Davis said. “The airport is operating in a deficit situation. We have to figure out ways to increase our income and reduce our expenses. We have been working diligently to turn our financial situation around.”
Despite the deficit, Davis said he does not believe the airport will have to shut down its runways and ground its airplanes.
“We won't have to close down the airport, but we do need to work on turning our financial situation around,” he said.
At the June meeting, authority members directed Malago to prepare a financial report from January through June this year.
“I knew we had a deficit, but I didn't realize how bad it was,” Davis said. “The vendors are working with us because they understand our financial problems. We have a lot of unpaid bills that we need to clean up.”
In the mid-1990s, Davis said the authority faced a $160,000 deficit, but the situation was resolved and the airport actually had a $30,000 surplus by 2008.
“If we did it then, we can do it again,” Davis said. “It's just going to take a while. We can't eliminate a deficit like this in a year or two. It could take us five years to do it.”
“We have to be very careful and watch every decision that we make,” said authority member Sam Cortis, who previously served as the airport manager.
Although the airport is waiting for federal grant funding to become available, Davis said the Federal Aviation Administration has not yet released the money to the Pennsylvania Department of Transportation's Bureau of Aviation.
“Once we receive the grant funding, our cash flow will begin to improve. But we don't have that money yet,” he said.
Following a 15-minute executive session, the authority decided to hire Malago as a part-time office assistant at a salary of $10.50 an hour. Malago will work on an as-needed basis.
Cindy Ekas is a contributing writer.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- SHOOTING FOR THE STARS IN UNIONTOWN
- Troop cuts worry vets in Fayette
- Junior ROTC program a training ground
- FAA asks authority for updates
- Dawson council to meet tonight
- Addison gemologist has keen eye for ‘wearable art’
- Geibel musical director enjoys ‘group of very talented dancers’
- Geibel 3-sport star enjoys tapping onstage
- Fayette County residents sue over landfill fumes
- Brutal attack gets Fayette County man up to 11 years in prison
- Connellsville residents, business owners explore human rights panel