ABSTRACT

Airport Finance: Using Airport Grant Funds for Security Projects Has Affected Some Development Projects: Report to the Committee on Transportation and Infrastructure, House of Representatives   [open pdf - 245KB]

The events of September 11, 2001 created several new challenges for the aviation industry in ensuring the safety and security of the national airport system. Chief among them is deciding to what extent Airport Improvement Program (AIP) grant funds should be used to finance the new security requirements at the nation's airports. Although many in the aviation industry believe that funding security projects has become even more important in the aftermath of September 11, they also recognize the need to continue funding other airport development projects, such as those designed to enhance capacity in the national airport system. During fiscal year 2002, the Federal Aviation Association (FAA) awarded a total of $561 million, 17 percent of the $3.3 billion available for grants, in AIP grant funds to airports for security projects related to the events of September 11, 2001. This amount is the largest amount awarded to airports for security projects in a single year since the program began in 1982. Based on data provided by FAA, all of the security projects funded with AIP grants since the events of September 11, 2001, met the legislative and program eligibility requirements.

Report Number:
GAO-03-27
Publisher:
Date:
2002-10-15
Copyright:
Public Domain
Retrieved From:
Government Accountability Office (GAO): http://www.gao.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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