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<classification authority="sudocs">GA 1.13:GAO-07-885</classification>
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 <subject>Airports</subject>
 <subject>Commercial aviation</subject>
 <subject>Cost analysis</subject>
 <subject>Federal funds</subject>
 <subject>Fuel taxes</subject>
 <subject>Fund audits</subject>
 <subject>Future budget projections</subject>
 <subject>Grant administration</subject>
 <subject>Strategic planning</subject>
 <subject>Cost estimates</subject>
 <subject>FAA Airport Improvement Program</subject>
 <subject>Next Generation Air Transportation</subject>
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<titleInfo>
 <title>Airport Finance: Observations on Planned Airport Development Costs and Funding Levels and the Administration&apos;s Proposed Changes in the Airport Improvement Program</title>
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<abstract>To address the strain on the aviation system, the Federal
Aviation Administration (FAA) has proposed transitioning to the  
Next Generation Air Transportation System (NextGen). To fund this
system and to make its costs to users more equitable, the	 
Administration has proposed fundamental changes in the way that  
FAA is funded. As part of the reauthorization, the Administration
proposes major changes in the way that grants through the Airport
Improvement Program (AIP) are funded and allocated to the 3,400  
airports in the national airport system. In response, GAO was	 
asked for an update on current funding levels for airport	 
development and the sufficiency of those levels to meet planned  
development costs. This report comprises capital development	 
estimates made by FAA and Airports Council International (ACI), a
leading industry association; analyzes how much airports have	 
received for capital development and if sustained, whether it can
meet future planned development; and summarizes the effects of	 
proposed changes in funding for airport development. Airport	 
funding and planned development data are drawn from the best	 
available sources and have been assessed for their reliability.  
The Department of Transportation agreed with the findings of this
report. This report does not contain recommendations.</abstract>
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<identifier type="preferred citation">GAO-07-885</identifier>
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 <searchTitle>GAO-07-885; Airport Finance: Observations on Planned Airport Development Costs and Funding Levels and the Administration&apos;s Proposed Changes in the Airport Improvement Program;
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<subject>
 <topic>Airports</topic>
 <topic>Commercial aviation</topic>
 <topic>Cost analysis</topic>
 <topic>Federal funds</topic>
 <topic>Fuel taxes</topic>
 <topic>Fund audits</topic>
 <topic>Future budget projections</topic>
 <topic>Grant administration</topic>
 <topic>Strategic planning</topic>
 <topic>Cost estimates</topic>
 <topic>FAA Airport Improvement Program</topic>
 <topic>Next Generation Air Transportation</topic>
 <topic>System</topic>
</subject>
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  <title>United States Code</title>
  <partNumber>Title 49 Section 47110(d)</partNumber>
  <partNumber>Title 49 Section 47504</partNumber>
  <partNumber>Title 49 Section 47505</partNumber>
  <partNumber>Title 49 Chapter 471</partNumber>
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 <identifier type="USC citation">49 U.S.C. 47110(d)</identifier>
 <identifier type="USC citation">49 U.S.C. 47504</identifier>
 <identifier type="USC citation">49 U.S.C. 47505</identifier>
 <identifier type="USC citation">49 U.S.C. Chapter 471</identifier>
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 <titleInfo>
  <title>United States Public Law 81 (106th Congress)</title>
</titleInfo>
 <identifier type="public law citation">Public Law 106-81</identifier>
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  <title>Code of Federal Regulations</title>
  <partNumber>Title 14 Part 150</partNumber>
</titleInfo>
 <identifier type="CFR citation">14 CFR Part  150</identifier>
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