Airport fees investigated to help struggling business

AIRPORT parking fees will be investigated by the City of Greater Bendigo, to help create revenue for the business, which is running at a loss. 

Councillors agreed to undertake a detailed examination of an added fee for all aircraft and/or airport operators. 

The airport is currently running at a loss of $236,000 a year, with existing fees and rates generating only $124,000.

The council’s only source of revenue are rental fees from private tenants, municipal rates and a fee for all new leases signed since 2011.

Emergency service operators do not pay any rent.

A proposed development, including the construction of a 1600-metre long and 30-metre wide runway and a business park, is also expected to help boost revenue. 

Mayor Barry Lyons said the redevelopment works would encourage more private sector investment and more opportunities to raise revenue.

“We will endeavour to limit operating expenditure growth at and for the airport to levels at least two percentage points less than the rate of revenue growth each year," he said. 

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