Palm Beach airport agenda details $12.75 million in additional state funding
A grant amendment covers terminal modernization and signage and security, with different local match requirements.
Key Takeaways
- •The amendment adds $6.5 million for terminal and concourse modernization.
- •Another $6.25 million for signage and security is fully state funded.
- •Commissioners are scheduled to consider the budget action Nov. 10.
Palm Beach County commissioners are scheduled to consider a budget amendment recognizing $12.75 million in additional Florida transportation funding for work at the county’s main airport.
According to the county agenda, the Nov. 10 agenda asks the board to receive and file an executed amendment to a Florida Department of Transportation grant agreement and approve the corresponding budget amendment and transfer to reserves. The meeting has not yet taken place.
The amendment adds $6.5 million for the first phase of terminal and concourse modernization at President Donald J. Trump International Airport, according to the county. It also adds $6.25 million for signage and security improvements.
The two components have different matching requirements. The terminal project requires a local match of 50% of eligible costs; the agenda states that the required local match for the financial project is $6.5 million. The signage and security allocation is funded entirely by FDOT, with no local match required.
The original transportation grant agreement provided $7.5 million for the terminal project, also with a 50% local match requirement for eligible costs. The new amendment increases that project’s state funding and adds the separate signage and security component.
The county’s recommendation concerns the grant agreement and budget entries. It does not announce a new construction contract award. Commissioners are scheduled to meet at 9:30 a.m. Nov. 10; the agenda can change before the meeting.
