IL: Illinois Budget Delivers $14.7M for Rockford Airport

June 1, 2018

ROCKFORD — The Greater Rockford Airport Authority could accelerate payoff of a $16.3 million debt if Gov. Bruce Rauner signs the state budget bill lawmakers approved this week.

The $38.5 billion spending plan, approved by the Illinois Senate on Wednesday and the Illinois House on Thursday, includes a $14.7 million grant for the airport’s maintenance, repair and overhaul facility, where jets are repaired and maintained.

The money represents the state’s contribution to the $40 million jet repair hub, which opened in 2016. Former governor Pat Quinn promised the money to the airport in 2014. But Rauner’s administration froze the money amid a budget stalemate in late 2015.

Read more: http://www.rrstar.com/news/20180531/illinois-budget-delivers-147m-for-rockford-airport