Friday, November 1, 2013

Boondoggle Illinois Airport

Too much pork -- 

MASCOUTAH, Ill.: Audit: Struggling Ill. airport again posts loss - Business Breaking News - MiamiHerald.com: ". . . St. Clair County-owned MidAmerica St. Louis Airport last year suffered a $3.8 million loss. That's despite boosting revenue by $2.2 million from additional capital funding from the Federal Aviation Administration and the state. The airport near Mascoutah got $5.6 million in county money to subsidize its operations. That brings to $28.7 million the county has funneled into the airport over the past five years. J.W. Boyle & Co. auditors anticipate the county will continue to subsidize the airport "in the near future." MidAmerica has struggled since opening in 1998, and critics persistently have labeled it a $330 million boondoggle."

 

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