Slated Budget Appropriations Would Benefit Airport and Travelers

Nearly $12 million over two-year budget cycle could support  ILM airport improvements     Wilmington, NC (May 11, 2017)—The Senate released their budget, which includes $40,000,000 in funds for commercial airports across North Carolina in fiscal year 2017-2018 and $50,000,000 in funds in 2018-2019.  Funds may be used for improvements to the airports and to pay debt services or related financing costs and expenses on revenue bonds or notes issued by the airport.  The Wilmington International Airport is slated to receive nearly $12 million dollars in the two-year budget cycle. ($5,946,945 million in fiscal year 2017-18 and $5,946,945 in 2018-19) “On behalf of the Wilmington International Airport, we’d like to thank Senator Rabon and Senator…