Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

 
 
 
MASCOUTAH, Ill. (AP) - The director of a southwestern Illinois airport that has never turned a profit since opening with great fanfare 16 years ago has gotten a pay raise as well as a bonus of more than $13,000.
 
The Belleville News-Democrat reports Tim Cantwell oversees MidAmerica St. Louis Airport near Mascoutah. His earnings jumped nearly 5 percent last year to roughly $128,000.
The newspaper says Cantwell got his bonus in January for meeting unspecified goals.
 
St. Clair County owns the airport, and Cantwell oversees its 14 employees and manages a $5.5 million budget.
MidAmerica has struggled since opening in 1998, and critics persistently have labeled it a $330 million boondoggle.
A message left Wednesday for Cantwell by The Associated Press was not immediately returned.
 
Published in Local News

   MASCOUTAH, Ill. (AP) - A metro-east airport that has never turned a profit since opening with great fanfare 15 years ago continues to lose money.

   The Belleville News-Democrat reports an audit shows the St. Clair County-owned MidAmerica St. Louis Airport last year suffered a $3.8 million loss. That's despite boosting revenue by $2.2 million from additional capital funding from the Federal Aviation Administration and the state.

   The airport near Mascoutah got $5.6 million in county funds to subsidize its operations. That brings to $28.7 million the county has funneled into the airport over the past five years.

   J.W. Boyle & Co. auditors anticipate the county will continue to subsidize the airport "in the near future."

   MidAmerica has struggled since opening in 1998, and critics persistently have labeled it a $330 million boondoggle.

 
Published in Local News
When Boeing and North Bay Produce expand their operations at MidAmerica Airport, they'll get a little help from St. Clair County to pay for it.

The County Board approved $3.65 million dollars in bonds to finance the expansions on Monday. The Belleville News-Democrat reports that both companies will repay the county through renewed lease agreements at the Mascoutah airport.

County Board Chairman Mark Kern told the paper that the companies expect to add a combined 60 jobs at the site.

The bonds are part of an upcoming $30 million bond sale, which will also fund more than $20 million in road projects and refinance bonds previously issued by the county.
Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
Health registry could be created under bill on Nixon's desl

Health registry could be created under bill on Nixon's …

JEFFERSON CITY, Mo. (AP) - County officials could compile lists of residents with health problems under a Missouri bill intended to identify people in need of help during disast...

Texas man charged for hitting cyclist while driving dru…

ST. CHARLES, MO (AP) – A Texas man faces second-degree assault charges after allegedly striking a bicyclist while driving drunk.   The St. Louis Post-Dispatch repor...

Rauner skips GOP event over pastor's comments

Rauner skips GOP event over pastor's comments

MOLINE, Ill. (AP) - GOP gubernatorial candidate Bruce Rauner (ROW'-nur) isn't attending a Republican dinner in Moline because he says he disagrees with past statements from a pa...

Mizzou journalism school trying to roll out journalism drones again

Mizzou journalism school trying to roll out journalism …

COLUMBIA, MO (AP) – The University of Missouri journalism school has modified its classroom use of aerial drones as a legal challenge to the FAA ban on commercial use of the fly...

Lawmakers approve changes to Missouri criminal code

Lawmakers approve changes to Missouri criminal code

JEFFERSON CITY, Mo. (AP) - Missouri lawmakers gave final approval to the first comprehensive rewrite of the state's criminal laws in decades.   The House and Senate...

Craig Michael Wood pleads not guilty

Craig Michael Wood pleads not guilty

SPRINGFIELD, Mo. (AP) - A southwest Missouri youth football coach accused of kidnapping, raping and killing a 10-year-old girl has pleaded not guilty   Forty-six-ye...

© 2013 KTRS All Rights Reserved