As our local cities are forced to look for ways to cut government spending, LGB continues to work without taking a single tax dollar. America’s airports, in general, are largely self-sustaining and do not drain precious local tax dollars away from other important government services. LGB in particular is a tax generator rather than a tax user, generously providing for Long Beach and surrounding communities.
Long Beach Airport generates its own revenue via ground rent, fees and other charges to businesses and airlines that operate at the Airport. Any shopowner will confess that when it comes to retail, it’s all about location. Airports are a high traffic location that allows potential consumers to pass stores as they move from gate to gate creating an ideal retail haven. The new local concessions at LGB moving in to the concourse will allow for further growth and more recognition of those businesses.
Further, we are taking the necessary steps to invest in our future. The new concourse that is being built will serve as a gateway to our city. We know that having a vibrant and efficient airport is essential when trying to attract new businesses and operations to Long Beach.
I look forward to the future at LGB and in the surrounding community. Growth is inevitable because wherever there is an airport, there is a community thriving.