The Madison Municipal Airport Awarded CARES Act Grant
Madison, IN— The Madison Municipal Airport was awarded a grant from the Federal Aviation Administration (FFA), through the CARES (Coronavirus Aid, Relief, and Economic Safety) Act.
The FFA distributed $100 million to approximately 3,000 general aviation airports across the country. These funds will help General Aviation Airports maintain service levels by supplementing lost revenue. The National Plan of Integrated Airport Systems determined that Madison Municipal Airport will receive $30,000 of CARES Act funding.
“We at Madison Municipal Airport utilize fuel sales revenue to pay our portion of local match funds for grants, airport equipment, and some of our personal costs. This grant will assist with supplementing lost revenue due to the loss of fuel sales and other services of the field such as hangar fees and land leases,” said Dick Goodman, President of the Madison Board of Aviation Commissioners.
This grant was approved by the Madison City Council and provides 100% funding for Airport Improvement Plans (AIP) grants issued in 2020 with no match required from the city. “The grant will provide support for multiple projects the Madison Municipal Airport has in progress such as our Apron repair in front of the airport Fuel Farm,” said Airport Manager Brent Spry.
These grants are beneficial to our city and airport personnel as it will be significant in their savings and future projects. “We are grateful for the FFA’s continued support of our airport, keeping an important front door of our community open,” said Goodman.