Airport Fuel Revolving Fund Spending Limit Increase

At a glance

• What: Increase FY 2027 Airport Fuel Revolving Fund spending limit from $8,500,000 to $13,000,000.
• Status: Approved unanimously October 14, 2026.
• Next: Approved.

Discussion (October 14, 2026)

Preston Harimon, Airport Manager, reviewed the request to increase the FY 2027 spending limit for the fuel revolving fund from $8,500,000 to $13,000,000.

Robert moved approval as presented; Jill Vieth seconded; all five members voted yes.

From the video (October 14, 2026)

2026-10-14 - Select Board: Jet A rose 66 percent to $5.75 a gallon and 100LL rose 41 percent to $6.98, prompting the move from $8.5 million to $13 million.

Sources

• Select Board meeting minutes, October 14, 2026: https://nantucketma.api.civicclerk.com/v1/Meetings/GetMeetingFileStream(fileId=37566,plaintext=false)

Log

2026-10-14 - Select Board

Harimon's request to increase FY 2027 fuel spending limit from $8.5M to $13M approved unanimously.