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• <br /> . •, <br /> • — ...mwm. dtmo■km.■ <br /> . 1 <br /> In 1979, a total of $310,428 in local taxes and fees was paid to the <br /> county. and Chamblee. Of this amount, DeKalb County received 5309,150, of <br /> which $173,350, or 56. 1 percent, went to the county school board. The <br /> county received over $374,000 in 1979 in personal property taxes "n air- <br /> craft. Of this amount, 48 percent, or $180,000, was paid by DeKalb residents <br /> who based their aircraft at PDK. <br /> These revenues to DeKalb County are in addition to the revenues <br /> generated by PDK. In 1979, the airport received $510,588 in revenues <br /> primarily from lease rental payments which totaled $478,871, or 93.8 per- <br /> cent of all revenues. Total expenditures in 1979 equalled $430,410; thus, <br /> the airport authority realized an operating surplus of $80,178. <br /> Based upon taxes and fees paid to DeKalb County and the operating <br /> surplus realized, PDK produced over $389,000 for the operation of county <br /> government and the county school system. <br /> Neither DeKalb-Peachtree Airport staff nor the airport authority has <br /> been given authorization to administer its funds as an independent agency. <br /> The county provides these services. All revenues are paid to the county, <br /> which handles all disbursements. <br /> Another indication of the importance of the DeKalb-Peachtree Airport <br /> is the amount and source of capita] investment at the facility. Capital <br /> investment, whether by public, or private sources, indicates a long-term <br /> confidence because of the large amounts of money involved and tl.t long life <br /> of facilities. This is particularly true for private capital investment <br /> since these funds are usually borrowed for terms of 10 to 30 years. <br /> -24- <br /> ASSOCIATIg <br />