SPRINGFIELD, Ill. (AP) -- An annual
audit shows assets and income have risen at the airport serving the state
Abraham Lincoln Capital
Airport finished the year
with more than $62 million in net assets. That's compared with $57 million in
Net income rose to $4.8 million from $2.5 million the previous year. The
annual audit was released Thursday.
The airport said most of the jump in net
income came from a $2 million increase in state and federal grants.
The airport also reported that property tax revenue rose 2 percent a
year over the last decade. Auditors said the rate was somewhat below that of
most government agencies in Sangamon