When An Airport Is Granted Federal Funding For Operation Of The Facility, Those Funds Come With Strings Attached
When a city, state, or county (these are referred to by the FAA as a “Sponsor”), receives federal funding for the purpose of building, maintaining or upgrading an airport, it can be a good deal. However, receiving taxpayer assistance for an airport comes with strings attached. Because the money is provided for the airport, it must be applied for aeronautical purposes.