Pitt County and Greenville may share airport costs

The county and city may contribute to the airport’s yearly operating and maintenance costs. The provision concerns the Pitt County and Greenville governing bodies and their airport authority. The county and city jointly determine their shares. Payments may come from airport revenue, proceeds from selling land used for airport purposes, or other legally available funds. Property tax revenue may be used only if a majority of voters in each place approves it at an election. The airport authority must prepare a budget each year and deliver it to both governing bodies.

The county and city may acquire land and help pay for airport construction, improvements, or equipment. The provision concerns additional land and work for the Pitt County–Greenville airport and landing field. Both governing bodies must approve an additional land purchase after a public hearing at a regularly scheduled meeting. The county and city jointly determine their shares of the costs. Property taxes or bonds may be used only if a majority of voters in each place approves them at an election. No schedule for the land purchase or airport work is stated.

The county and city may issue debt to pay their shares of airport costs. The provision concerns debt issued by Pitt County or Greenville for their shares of costs tied to airport property and facilities. Property taxes used to repay the debt require approval by a majority of voters in each place at an election. Bonds issued under this section must follow the Local Government Bond Act. The act says it takes effect when it becomes law.