February 3, 2026July 31, 2026

Airport Finance & Grant Compliance

This presentation on Airport Finance and Grant Compliance, delivered by finance officials from the Port of Pasco, Port of Moses Lake, and Port of Seattle, provides an overview of airport ownership structures and airport types. It covers the various entities that can sponsor and own airports, including states, cities, counties, port authorities, airport authorities, and military organizations. The presentation also outlines the different categories of airports, ranging from private and commercial to general aviation, GA reliever, military, and non-controlled FAA airports.

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Presentation materials covering airport finance and grant compliance topics. Includes information about airport ownership structures (state, city, county, port authority, airport authority, military) and different types of airports (private, commercial, general aviation, GA reliever, military, non-controlled FAA airports).

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As the source for federal transportation grants, the Puget Sound Regional Council was charged with developing a system to meet the growing need for commercial aviation. When the search for a second airport failed, they authorized the Port of Seattle to build the Third Runway, with a mandate to develop a noise abatement and mitigation program. In their effort to stop the Third Runway, the ACC argued over every detail of the Port's efforts--including property buyouts and sound insulation. The dispute was meant to be settled by a three member Expert Arbitration Panel. This is their final report. It finds 2-1, that the Port's program was insufficient in several respects. Despite that, funding for the Third Runway was approved by the PSRC, and the 'Port Package' program, proceeded largely unchanged. Expert Arbitration Panel's final decision finding that the Port of Seattle had not shown sufficient reduction in real on-the-ground noise impacts to satisfy noise reduction conditions required for approval of a third runway at Sea-Tac International Airport. The majority decision concluded the Port's noise abatement programs were insufficient despite being impressive in scope.

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