$16.3M hangar being built at Lehigh Valley International Airport
I checked out the website for the PennDOT Bureau of Aviation. According to them "Federal Block Grant funding is generated through federal taxes collected nationally on airline tickets, freight waybills, international departure fees, and sale of avgas and jet fuel... Congress appropriates funds for the Airport Improvement Program (AIP) each year, and Pennsylvania receives a percentage of the total authorization based on area/population."
This doesn't explain where the other $10 million is coming from. I haven't looked into all the details but I sincerely hope these fat cats have to pay some really hefty fees and rents considering how long it will take to pay down this $16.3 million investment. Anyone want to hazard a guess where some of the other $10.3 million will come from?
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