{"id":21919,"date":"2022-05-03T00:03:57","date_gmt":"2022-05-03T00:03:57","guid":{"rendered":"https:\/\/saj.pachecostudios.com?p=21919"},"modified":"2022-05-03T00:03:59","modified_gmt":"2022-05-03T00:03:59","slug":"colorado-aeronautical-board-approves-second-round-of-state-airport-funding-2","status":"publish","type":"post","link":"https:\/\/stateaviationjournal.com\/index.php\/state-news\/colorado\/colorado-aeronautical-board-approves-second-round-of-state-airport-funding-2\/%20","title":{"rendered":"Colorado Aeronautical Board Approves Second Round of State Airport Funding"},"content":{"rendered":"\n<p>During an April 13, 2022, meeting, the Colorado Aeronautical\nBoard (CAB) approved a second round of FY2022 Colorado Discretionary Aviation\nGrant (CDAG) funding allocated to match federally funded airport projects in\nColorado. The unanimous decision authorized the distribution of just over $3\nmillion in state aviation fuel tax revenues that support the CDAG Program\nadministered by the Colorado Department of Transportation\u2019s (CDOT) Division of\nAeronautics.<\/p>\n\n\n\n<p>This round of state aviation grants matched federal funding\nfor the Federal Airport Improvement Program (AIP) and the recently approved\nBipartisan Infrastructure Law (BIL). State aviation funding to match AIP\nprojects had been paused for the past two years due to 100% federal airport\nproject funding supported by COVID-19 relief funding. The federal AIP program\nnormally requires airports to provide a 10% local funding match, of which the\nDivision of Aeronautics typically provides half, up to $250,000 annually.<\/p>\n\n\n\n<p>In addition to the usual AIP funding, BIL funding provides\nan additional $27 million annually ($86 million including Denver International\nAirport) for federally funded Colorado airport projects until 2026. BIL funding\nrequires the same 10% match, however since this funding was only approved this\npast November, many airports were unprepared to budget for the match funding.\nIn order to offset this unplanned burden, the CAB in February approved the\nallocation of an additional $1 million to assist airports with the local\nmatching fund requirement for all airport projects utilizing BIL funding in\n2022.&nbsp; <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"207\" src=\"\/wp-content\/uploads\/2nd-round-funding-4-22.jpg\" alt=\"\" class=\"wp-image-21920\" srcset=\"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/2nd-round-funding-4-22.jpg 800w, https:\/\/stateaviationjournal.com\/wp-content\/uploads\/2nd-round-funding-4-22-300x78.jpg 300w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<p>A comprehensive listing of each individual airport grant award can be found <a href=\"https:\/\/www.codot.gov\/programs\/aeronautics\/assets\/pdf-files\/grantreports\/2022fedmatch_cdag.pdf\">here<\/a>. <\/p>\n\n\n\n<p>Combining funding from the AIP and BIL, 30 Colorado airports\nwere awarded a total of $3,018,418 in state matching funds which leveraged a\ntotal of $84,011,983 in federal funding. Combining the total funding during\nthis round of funding with the $5.5 million awarded in February for state &amp;\nlocal airport projects, the total funding for 2022 statewide airport projects\ncomes in at a total of just under $100 million. This grand total marks the most\nfunding awarded since the Division was founded in 1991.<\/p>\n\n\n\n<p>\u201cThis year\u2019s Colorado aviation funding amount gives the\nDivision more opportunities to raise the bar for the Colorado aviation system\nin terms of safety, efficiency, and viability. We now have the ability to\nconsider funding even more strategically planned projects that directly benefit\nthe users of the Colorado aviation system,\u201d said Aeronautics Division Director\nDavid Ulane.<\/p>\n\n\n\n<p>The second round of state aviation funding grants ranged in\nsize from $6,111 to $384,097 and supported a number of performance measures\ncoinciding with goals set by the 2020 Colorado Aviation System Plan including\nsafety, efficiency, economic sustainability, and state airport system\nviability. <\/p>\n\n\n\n<p>The Gunnison-Crested Butte Regional Airport (GUC) was\nawarded a total of $112,414 in state funding to support an airport terminal\nrehabilitation and expansion project funded by AIP and BIL funding. The Harriet\nAlexander Airport located in Salida, CO received $8,833 in state funding that\nwill be used to replace and relocate the airport\u2019s automated weather observing\nsystem (AWOS) funded by the BIL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During an April 13, 2022, meeting, the Colorado Aeronautical Board (CAB) approved a second round of FY2022 Colorado Discretionary Aviation Grant (CDAG) funding allocated to match federally funded airport projects in Colorado. The unanimous decision authorized the distribution of just over $3 million in state aviation fuel tax revenues that support the CDAG Program administered [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-21919","post","type-post","status-publish","format-standard","hentry","category-colorado"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/21919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=21919"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/21919\/revisions"}],"predecessor-version":[{"id":21921,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/21919\/revisions\/21921"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=21919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=21919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=21919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}