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• <br />• <br />docks, as well as building space. Rates are established <br />to meet break-even needs. <br />f. Aviation Fuel. Fees charged to aviation <br />fuel handling concessionaires should be established to <br />cover the costs of fuel storage areas and associated <br />pumping, piping, and hydrant systems. <br />g. Hangars. Rentals are usually based on a <br />rate per square foot and should cover investments in <br />associated aircraft apron space and hangar related <br />employee parking. Hangar office space should be <br />charged on a similar basis and should cover office <br />related employee parking. <br />h. Commercial Facilities. Airport office <br />buildings, industrial facilities, and hotels are usually <br />operated on a lessee -management basis with revenues <br />obtained from rentals on a square foot basis. The <br />facilities are often financed by private capital. Reve- <br />nues in excess of the break-even need should be allo- <br />cated to the break-even need of the airport as a <br />whole. <br />i. Other Usable Areas. Various uses of <br />ground space for activities such as gasoline stations, <br />service facilities for rental car operators, and bus <br />and limousine operators usually obtain revenues on a <br />flat rate basis. Those facilities are often financed by <br />private capital. Revenues in excess of the break-even <br />need should be allocated to the break-even need of the <br />airport as a whole. <br />88. Final Analysis of Economic Feasibility. <br />After analysis of the break-even needs for individual <br />components of the master plan has been made, eco- <br />nomic feasibility should be analyzed on an overall <br />basis. The goal of overall analysis is to determine if <br />revenues will equal or exceed the break-even need. <br />This determination requires an evaluation of the scope <br />and phasing of the plan itself in terms of the users <br />requirements and their ability to make the financial <br />commitment necessary to support the costs of the <br />program. If this review indicates that revenues will <br />be insufficient, revisions in the scheduling or scope of <br />proposed master plan developments may have to be <br />made, or recovery revenues rates for airport cost areas <br />may require adjustment. These factors should be ad- <br />justed until the feasibility of the master plan is estab- <br />lished, that is to say, airport revenues, as may be <br />supplemented by Federal, State, or Local subsidies, will <br />match capital investment throughout the master plan <br />forecast period. When the economic feasibility of <br />improvements proposed in the master plan has been <br />established, capital budget and a program for financing <br />those improvements should be developed as prescribed <br />in Chapter 13. <br />73 <br />
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