Alternatives for Hancock Tax Fight Over Airport Fees
The Hancock International Airport dispute centers on DeWitt's 600 percent property assessment aimed at pressuring Syracuse to limit runway expansion. City and county leaders push for tax exemptions or a regional public authority to run the airport, arguing it would benefit the region and lower fares.
MENTIONED IN THIS ARTICLE
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Hancock
Syracuse
DeWitt
Everett
Jim DiStefaho
Acc
DiStefano
Arew
U.S
James Ish
Onondaga County
Nichols Pirro
Roy Bernardi
Onondea
Willan Sanford
Leverett
Tdewitt
Tbs
Gourd
Usschs McS de
Cere
Sac Taw
Airfor
Suse Ate
Evereu
Ononais County
Higport
Onondaza County
Tity
Minch Lewis Wisth
Ater
Lewis
Edward Kochian
Onondaga County Water Authoriy
Onondaga County Resource Recovery Agency
Niagara Frontier Par Authority
Niagara Frontier Transportation Authority
C. Douglas Hartmayer
Buffalo
Niagara Falls
Southwest Airlines
JetBlue Airways
AirTran
Shuttle Amerca
Hartmayer
New York
Watertown
Syracuse Cy Council
Matthew Driscoll
Bernardi
Plate
Driscoll
Hancock Airport’s Financial Tale Faces Costs and Cash
Audited records show Hancock International Airport running annual deficits on paper as operating expenses rise and passenger counts hold steady. Depreciation inflates losses, yet independent audits reveal over $24 million in unspent cash with most restricted for projects, while city needs grow.
MENTIONED IN THIS ARTICLE
T Hat
Brian Roulin
Hancock
Airport fund balance and department assets explained
The audit notes that the airport’s fund balance equals the difference between debts and assets including cash and property. Cash on hand remains steady end of year, usually earmarked for capital projects. net income reflects revenues minus expenses, with depreciation causing a reported net loss. City audit reports prepared by Testone, Marshall and Ciscenza for Syracuse News.
MENTIONED IN THIS ARTICLE
Testone
Marshall & Ciscenza
Testone, Marshall and
Ciscenza
Syracuse Newapipert
O'Hare Expansion Sparks Long Running Argue Over New Airport
A 15 year political clash centers on building a Peotone airport to relieve O'Hare congestion, pitting state officials and airlines against Chicago leaders. Proposals hinge on two new runways at O'Hare or a separate Peotone facility with billions in cost and funding from airlines.
MENTIONED IN THIS ARTICLE
Los Angeles
New York
Chicago
O’hare International
O’ Hare
O'Hare
Peotone
U.S
Richard Durbin
D-M. Durbin
la Guardia
Newark International
New Jersey
American
United
Ann Souroms
FAA
Indiana
Daley
Chinton
O’hare
Airines
Roger Cohen
Air Transport Association
Washington
Buss
Clinton
Transportation
Norman Mineta
Ryan
Federal Aviation Administration
Iowa
Also Mentioned on This Page
Buffalo Niagara International
Cheektowaga
Buffalo Municipal
Homell
Olean
Hancock International Airport
Watertown International
Cattaraugus/Olean
Hornell Airport
Albany International
Binghamton
Chautauqua County
Jamestown
Clinton County
Dutchess County
Elmira
Corning
Greater Rochester International
Oneida County
Tompkins County
Westchester County
Long Island MacArthur Airport
Sitp
Massena International Airport
Adirondack Regional
Buffalo Niagara International Airport
Ogdensburg International Airport
John F. Kennedy International Airport
LaGuardia Airport
Stewart International Airport
Source
New York State Department of Transportation
John Berry
Bob Richardson
West Monroe
Piedmont Hawthorne Company
John Philipson
Livonia
Hancock Airport
New York City
Fort Lauderdale
Syracuse Hancock International Airport
Malden Ro
Oodewitt Ocicero
Bsalina McLay
Salina
Eoce
Cicero
Hancock Internati Airport
Syracuse Department
Syracuse Newspaper
Frederic Pierceff Writer
Syracuse Hancock Inemation
Sficase
Central News
York
Aiport
Department of Aviation
Roulin
Roulim
Minch Lewis
AOL
The
Associated Press
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