The Oak Ridge Airport project has received $2 million in funding from the Appalachian Regional Commission, and that money wouldn’t be affected by the president’s proposal to eliminate the independent agency in the next fiscal year, a spokesperson said.
But future funding from the Appalachian Regional Commission will depend upon what Congress decides to do with ARC and whether it continues funding the commission, said Becky Huckaby, spokesperson for the Metropolitan Knoxville Airport Authority.
The budget request released by President Donald Trump on Tuesday, May 23, proposes to eliminate the Appalachian Regional Commission and other independent agencies, providing funding only for the orderly closure of the agencies. The request would apply to Fiscal Year 2018, which starts October 1.
ARC is one of the funding sources for the Oak Ridge Airport, which could cost an estimated $35 million to $40 million and have a mix of state and federal funding, and local funding from the Metropolitan Knoxville Airport Authority, or MKAA. Besides ARC, other direct and indirect funding sources include the U.S. Department of Energy, which would provide the land; the Federal Aviation Administration, or FAA; the Tennessee Aeronautics Commission; and the Tennessee Department of Transportation. [Read more…]