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Description

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Summary

The document outlines the occupancy rates of airport hangars in Ann Arbor for the year 2026, indicating that all hangars—T-hangars and box hangars—maintain a 100% occupancy rate throughout the first five months of the year. It provides a breakdown of available and occupied hangars, highlighting that private hangars, which are individually owned and located along State Street, contribute to property tax revenue for Pittsfield Township. The financial implications are significant, as T-hangar rentals generate nearly $46,000 monthly, while box hangars add over $12,500. This data is essential for understanding the economic impact of airport infrastructure and the importance of maintaining high occupancy rates for local revenue generation.