While Cape Girardeau Regional Airport has been trying to cut expenses in recent years, revenue is falling off faster than cuts can be made, leaving the city with an ongoing deficit for the foreseeable future.
Year, expenses, deficit
Fiscal 2007: $1.7 million, $564,106
Fiscal 2008: $2.0 million, $631,490
Fiscal 2009 (budgeted): $1.25 million, $310,814
Fiscal 2010 (budgeted): $1.14 million, $378,556
Fiscal 2011 (projected): $1.16 million, $357,083
Fiscal 2012 (projected): $1.17 million, $365,508
Fiscal 2013 (projected): $1.2 million, $387,105
Fiscal 2014 (projected): $1.24 milion, $409,850
Fiscal 2015 (projected): $1.27 million,$432,928
Source: Cape Girardeau annual budget 2009-2010
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