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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