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19 Cards in this Set

  • Front
  • Back
A/n ________ authority is a special
type of legally chartered
institution that generally has
the same status as public
corporations, but that in
addition to the airport,
operate other types of public
facilities such as harbors, toll
roads, rail, or other public
transportation systems.
port
The _____________ of an airport
being municipally owned is
that the airport administration
has access to the resources of
other city or county
departments. These resources
may exceed what the airport’s
administration could justify if
it operated on a stand-alone
basis.
advantage
A ___________ of a
municipally owned airport is
that in times of financial
constraints, the airport is often
viewed as a liability or suffers
corresponding budget
reductions or personnel
restrictions (such as mandatory
furlough days) as other
departments in the local
government.
disadvantage
The creation of an ________ __________ is often viewed
as a way to provide the
advantage of focused
leadership and specialized
attention to a significant
community asset.
airport authority
Authorities can also provide
for a more business focused
efficient operation and
_____________ of scale.
economy
Due to the nature of how
airports were constructed and
developed in the U.S., virtually
all commercial service and
general aviation airports are
operated by a ___________
entity.
governmental
Airport _____________is the
concept of shifting government
functions to private enterprise
privatization
The privatization or other sale
of airport property is
discouraged and hindered by a
series of federal statutory
requirements identified in
Grant __________. Grant
____________ specify the use of
airport revenue, fair and
reasonable fees for airport
users, and the disposition of
airport property and other
policies incorporated in federal
grant agreements.
Assurances
Communities that desire the
benefits of privatization but
the control of a municipally
operated airport may find a
solution in the creation of an
________ _________.
airport authority.
Typically, larger airports have
(pick one) greater/lesser specializations and job
assignments within
organizational structures.
greater
Due to the nature of how
airports were constructed and
developed in the U.S., virtually all commercial service and general aviation airports are operated by a ___________ entity.
governmental
Airport privatization is the
concept of shifting government
functions to _______ ______.
private enterprise.
If the airport department is
treated differently, it will
likely suffer strained relations
with the other ______/______
departments (which, is another
reason airport authorities are
created).
city/county
Airports can operate as standalone _______because their
revenues and expenses are
related in a businesslike
context; therefore, user fees
can be charged for services
rendered.
enterprises
The _________or other sale
of airport property is
discouraged and hindered by a series of federal statutory
requirements identified in
Grant Assurances. Grant
Assurances specify the use of airport revenue, fair and
reasonable fees for airport
users, and the disposition of
airport property and other
policies incorporated in federal grant agreements.
privatization
Communities that desire the
benefits of privatization but
the control of a __________
operated airport may find a
solution in the creation of an
airport authority.
municipally
In the United States, airports
have had varying levels of
______ and _______ with
privatization.
success and failure
An organization chart shows
the formal authority and
relationships between
subordinates and superiors at
various levels and the channels
of __________ within the
organization.
communication
________ and ________
addresses the areas of
accounting (e.g., payroll, audits,
accounts receivable, accounts
payable).
Finanace and Administration