PPTC Airport Authority adopts six month budget

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PPTC Airport Authority adopts six month budget

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Although no

aircraft were flying in or out of Falcon Field, that didn't stop the Peachtree

City Airport Authority from meeting Wednesday night.

The authority

adopted a six-month budget for October through March that includes a priority

on setting aside funds to increase its reserve account. The budget calls

for $8,000 a month to be transferred from the regular cash account to

the authority's reserve account.

The goal is

to have the reserves back up to $100,000, said authority chairwoman Cathy

Nelmes.

The entire

six-month budget shows a net profit of just over $4,300.

At its previous

meeting, several authority members worried about the dwindling status

of the reserve account, which was down to $36,000 last month. The authority

will be receiving an additional $10,000 a month soon, a result of the

increased hotel-motel tax revenues when the City Council increased the

rate from three to five percent earlier this year.

At Wednesday's

meeting, Airport Manager Jim Savage reminded the authority of the two

different employee pay raise proposals he presented to them in executive

session last month. Savage said he has good employees and he wants to

be sure and keep them.

"We encourage

you to save as much money as you possibly can," Nelmes said, adding

that the authority would consider raises as soon as the reserve goal was

met.

Nelmes recently

met with a number of Falcon Field employees to explain why the authority

wants to place a priority on building the cash reserves.

The authority

has six full-time and nine part-time employees.

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