At its June meeting, the Louisville Regional Airport Authority (LRAA) Board approved the FY 2013 (July 1, 2012 through June 30, 2013) budget for the LRAA. The budget projects revenues of $101.6 million (including grants), operating expenses of $59.4 million (including $33.2 million in debt service) and $41.2 million in capital and major maintenance projects.
It also includes funding for the Bowman Field Airport Area Safety Program and LRAA's two noise mitigation programs -the Voluntary Residential Relocation Program and the QuieterHome� sound-insulation program.
Louisville International Airport (SDF)
Thanks to $17 million over two years ($8.5 million in FY 2013) from the Commonwealth of Kentucky, the LRAA will be able to finish re-routing Crittenden Drive, allowing Taxiway "A" to be completed. The taxiway, along with other airfield improvements, are key to Louisville International's plan to accommodate Group VI aircraft (the largest and newest long-range commercial aircraft) and prepare the airport for 21st century aviation needs.
Other initiatives include airfield electrical upgrades, airfield pavement repairs and Phase 1 of a new rental car quick-turn-around (QTA) facility. In addition, the airside terminal connector roof will be replaced.
Bowman Field (LOU)
At Bowman Field, plans include the construction of two connector taxiways from Runway 15-33 and the painting and reroofing of Hangar 7.
Bowman Field Airport Area Safety Program
Also at its June meeting, the LRAA Board concurred with the consultant selection working group's recommendation to award the contract for the management of the program to Hanson Professional Services, Inc. of Frankfort, KY. The Board also authorized LRAA staff to negotiate a contract with the firm. The first year's scope of work (including timeframe) will be presented to the Board for approval at the Board's Thursday, July 19 meeting.
