Yo-Warren Regional Airport receipts down


VIENNA — America’s economic slowdown has taken a toll on the Youngstown-Warren Regional Airport, with its balance sheet off by about $63,000 compared to projections.

The financial decline came despite the layoff of two employees in the spring.

Members of the Western Reserve Port Authority, which runs the airport, formed a committee today to approach Mahoning and Trumbull county commissioners to discuss ways a deficit can be averted.

John Masternick, port authority chairman, said the airport was projected to have a deficit of $109,250 by the end of June, but the deficit is closer to $172,360 because of lower excise tax receipts from both counties, slowed airport activity, and lower parking-lot proceeds.

For the complete story, see Thursday’s Vindicator and Vindy.com