Airport Financing: Use of Funds for Capital Improvements at Chicago O'Hare International Airport Page: 3 of 21
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Figure 1: Funds Provided and Spent for Capital Improvements, by Funding Source, 1990 Through 1999
Dollars in millions
Total funds provided:
Total funds spent
on capital projects:
Note: The $519 million available from the PFC program represents 23 percent of the $2.2 billion FAA has
approved for collection through 2017.
Source: GAO's analysis of FAA's and Chicago's data.
The types of capital projects varied by funding source. For example, over two-thirds
of the AIP funds were spent on taxiways, noise mitigation, and aircraft parking
aprons, while PFC funds were distributed more widely among additional types of
projects, such as terminals and runway rehabilitation. A substantial amount of the
funds from GARBs purchased property adjacent to the airport from the federal
government, and most of the funds from other bonds were used for improvements at
the international terminal. The types of capital projects at O'Hare airport and the
amounts spent on them were as follows for each of the specific sources:
GAO/RCED-00-275R Airport Financing at Chicago's O'Hare Airport
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United States. General Accounting Office. Airport Financing: Use of Funds for Capital Improvements at Chicago O'Hare International Airport, text, September 29, 2000; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc302741/m1/3/: accessed October 16, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.