Chair Lee on airport rental revenue from Port Authority
Lee asks about actual rental payments received from the Port Authority for FY26, noting the preliminary budget included only $162.4 million. Commissioner Lee says he has the report and will pull it up, offering to work with OMB on any needed adjustments.
Sorry, just in case to cover myself, we've been joined by Councilmember Narcisse, because I wasn't sure if I mentioned you before.
Okay, airport revenue.
Preliminary budget included just $162.4 million in rental revenue from the Port Authority for the city's airports in FY26, and at the time, the Council believed that this was underestimating actual rental payments.
So as Commissioner, you received the Port Authority's transmittal of rental payments in annual statements.
So what was the amount of actual rental?
that the city received from the Port Authority for FY26?
I can get back to you on that one.
We have the report.
I just haven't, I could pull it up in a little bit.
But we're happy to work with OMB if any changes need to be made.
But we have received it.
I'll get back to you.
Let me just pull it up right now.
Okay.