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

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

 
 
 
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
Lynn, Cardinals snap Brewers' 9-game win streak

Lynn, Cardinals snap Brewers' 9-game win streak

MILWAUKEE (AP) -- The Milwaukee Brewers' nine-game winning streak was snapped Monday night when Lance Lynn struck out 11 in seven innings and Jon Jay hit a three-run homer for t...

49ERS LINEBACKER ALDON SMITH ARRESTED AT AIRPORT

49ERS LINEBACKER ALDON SMITH ARRESTED AT AIRPORT

LOS ANGELES (AP) -- San Francisco 49ers linebacker Aldon Smith was arrested Sunday at Los Angeles International Airport after authorities said he became belligerent during a sec...

Red Wings keep Blues down with 3-0 shutout

Red Wings keep Blues down with 3-0 shutout

  ST. LOUIS (AP) -- Backup goalie Petr Mrazek kept the injury-riddled St. Louis Blues down heading into the playoffs with his second career shutout in a 3-0 victory for...

Carpenter, Wainwright help Cardinals top Cubs 10-4

Carpenter, Wainwright help Cardinals top Cubs 10-4

ST. LOUIS (AP) -- Matt Adams homered, Matt Carpenter drove in two runs and Adam Wainwright saved a tired bullpen by lasting seven innings for the St. Louis Cardinals in their 10...

Daley, Stars beat Blues 3-0, end playoff drought

Daley, Stars beat Blues 3-0, end playoff drought

DALLAS (AP) -- Trevor Daley had a goal and an assist, Kari Lehtonen recorded his fifth shutout of the season, and the Dallas Stars clinched their first playoff berth since 2008 ...

Curry, Wild extend Blues' slide with 4-2 win

Curry, Wild extend Blues' slide with 4-2 win

  ST. PAUL, Minn. (AP) -- Kyle Brodziak scored two goals and John Curry made 43 saves in his Wild debut to lead Minnesota over the struggling St. Louis Blues 4-2 on Thu...

Who Is The Front-Runner at the Masters?

Who Is The Front-Runner at the Masters?

AUGUSTA, Ga. (AP) -- If you're looking for someone not to pick at this year's Masters, go with Ryan Moore. By winning the Par 3 tournament, he surely sealed his fate. After ...

© 2013 KTRS All Rights Reserved