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Pages 5-7

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From page 5...
... 5 of 2012 continued the legislative policy trend encouraging the development of intermodal facilities at airports and directing the GAO to study airrail connectivity.25 Finally, the Moving Ahead for Progress in the 21st Century Act (MAP 21) , quickly followed with directions that the Secretary of Transportation assist states in funding intermodal connectors and aerotropolis systems.
From page 6...
... 6 an airport and the level at which the airport applies its Passenger Facility Charge. Large and medium hub airports, collecting PFCs at $3 or less are subject to a reduction in their entitlement funds of 50% of projected PFC revenue for the fiscal year until AIP "formula grants" have been reduced by 50%.
From page 7...
... 7 collected were spent on ground access projects at airports.49 PFC eligibility for airport ground access projects that support the movement of passengers, cargo and baggage is the same as that for AIP projects.50 And, if imposed at levels higher than $3, PFCs at medium and large hub airports, must pass the "significant contribution" test by showing that the project enhances the safety, security, capacity or competition at an airport or must be used to reduce airport noise.51 In addition, when PFC funds are used for a terminal or ground surface project, an airport must show that it has made adequate provision for its airside projects.52 Although PFCs are obtained from the use of an airport and are hence considered "local" revenue, airports must still, similar to the AIP, make a request for their use and must make certain assurances to the FAA regarding their use.53 The FAA issues regular guidance about the PFC program and the use of PFC revenue. The FAA has issued specific guidance for the use of PFC funds for the development of airport ground access projects.

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