The Susquehanna Area Regional Airport Authority (SARAA) has approved a 2015 expense budget of $16 million.
“The 2015 SARAA budget plan is slightly revenue positive and structured to meet all operations and debt service obligations,” said Tim Edwards, Executive Director.
The budget consists of $15.4 million for maintenance and operations and about $600,000 for capital improvements.
Under the new budget, HIA’s daily long-term parking rate will increase.Effective January 1, it will increase from $8.50 to $9.50 per day. The rate for parking during the first hour in the HIA parking garage will increase from $2.20 to $4.40 as well. The garage’s daily rate remains at $20.00.