The airport may be its own department or it may be part of a department of transportation (DOT), department of public works, or economic development department, and it is usually subject to annual budget appropriations. AIRPORT INCOME PROPORTIONS? Do market trends suggest demand for commercial or industrial development? Chapter 4 Review Answers | Math. Ownership structure also can affect how nimble the organization can be in decision-making or responding to market opportunities. HAVE Defining the right level of risk is a case-by-case effort, but should involve consulting with governance and examining financial reports and plans. Conducting an inventory to identify the local stakeholders is an important step.
The results of the examination provide the basis for decisions in the strategic plan about where to focus airport resources and facility improvements, and can also inform marketing strategies for the proposed development. HOW MANY EMPLOYEES ARE IN EACH DEPARTMENT? Recipient of public loans or grants? Are there immediate needs for an increased revenue stream, or is the goal to see development and revenue over the 20-year master plan horizon? Major industry trend? If the airport is municipally-owned, are other munic- ipal departments or officials supportive or adversarial? If the airportâs goals are consistent with those of the municipality or region, economic development agencies can help to market the project to potential lessees or purchasers. There are 39 grant assurances applicable to airport sponsors receiving or having received FAA grant assistance. Draw/write explanationWrite the missing number in the related factsDetermine which subtraction sentence is count back 3, 2 or 1This product includes a review packet that is for. Answer Key Chapter 4 - U.S. History | OpenStax. Revenue and sustainability Yes No Notes Revenue supports operations? Growing market demand for commercial/industrial land?
Estimate Quotients Using Compatible Numbers. If the airport is a public entity or authority, do any laws or regulations limit the airportâs activities? FOLLOW ME for updates! Chapter 4 assessment answer key west. There is no master plan for development. If these are not deep, there is little room for risk. Partnership/revenue sharing limitations? If an environmental review was completed and environmental data was collected for this process, that information may be useful in site evaluation and the development process. It is based on Form A of the assessment guide.
This information could be used to inform later decisions about land uses and other development criteria. The ALP should clearly designate aeronautical land and future non-aeronautical land. Is the decline due to other factors and likely to continue despite a proposed development project? Chapter 4 assessment answer key.com. Airport revenue segments? When land is developed for non-aeronautical uses, whether it involves a sale or a lease, an FAA land release is most likely required.
Who approves the budget? Self-assessment toolkit 55 HAVE The questions in this section can be used to identify the airportâs ownership structure. What new strategies or initiatives are ongoing? In this scenario, funding may be available through economic development agencies. ACREAGES OF AERONAUTICAL AND NON-AERONAUTICAL LAND?
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