Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

of monopolies

with one comment

The following are the basic data points from the PostCrescent.com article about the Outagamie County Airport “making itself competitive.”

• Airport revenues growing at 1% per annum.

•  Airport’s expenses are growing at 8%-11%  per annum. (Do the math…)
•  Airport borrows $3 million in bonds to become its own refueling monopoly. (I’ll add, after putting the regulatory squeeze on competition with an ’06 Ordinance.)

Reporter concludes the article, and I quote: “The purchase has no direct impact on county taxpayers because the airport generates its own revenues.

I needed a good laugh this morning.


Written by heyercapital

August 23, 2010 at 7:06 am

One Response

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  1. Roads cost money and don’t return anything except we can’t do without them. All transportation is necessary for individuals as well as business to operate. Same with a Convention Center. It may cost something each year to maintain, but the economic impact is in the millions. Same with an airport. Impact in the millions.

    John Hyland

    August 24, 2010 at 8:00 am

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