Kenai Authorizes Budget Revision To Pay Concessionaire Relief

Author: Anthony Moore |

The Kenai City Council adopted a resolution that would authorize a budget revision in the Airport Administration budget of $19,991 for the payment of concessionaire relief to terminal concessionaires with grant funds from the Coronavirus Response and Relief Supplemental Appropriation Act (CRRSA) of 2021. The Kenai Municipal Airport received a grant for $1.3 million from that appropriation act.

 

According to City Manager Paul Ostrander, a budget revision is needed to move the relief amount  in order to issue checks to the concessionaires:

We had Ordinance 3195-2021 that appropriated all the ARPA funds to the airport and $19,991 of that was actually intended to be for airport terminal concessionaire relief and to allow us to issue checks to those concessionaires. We need to make this budget revision to remove just under $20,000 out of the $1.3 million to allow us to cut those checks.”

 

Finance Director Terry Eubank adds:

The process laid out by the FAA was to take a period of time and basically what we do is you identify all concessionaires that operated within the terminal. At that point and time, we determine how much they all contributed paid to the terminal and based upon the amount that they contributed, then that determines the prorated share that they do receive of this concession relief. Those that have higher either rents or costs to operate in the terminal receive more of the concessionaire relief and those that have smaller amounts receive less. There’s actually two pots of money. There’s ARPA and this is CRRSA, and they both provide this. When we adopted the ARPA funds, we did put the money into the account to distribute the checks. We should have done it, in this case, this is just cleaning that up right now.”

 

Resolution 2022-035 was unanimously adopted.

Author: Anthony Moore

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