Shelbyville Municipal Airport Authority - February 2026

The Shelbyville Municipal Airport Authority held a meeting on March 24, 2026, focusing primarily on airport leasing policies, capital improvement projects, and budget allocations. Key discussions included the need to update lease agreements to ensure fair market value and proper insurance coverage, moving away from first-come, first-served hanger allocations to a formal Request for Proposal (RFP) process to maximize revenue from scarce airport land. The board considered parceling airport property for development, including new taxiways and hangers, and emphasized the importance of political advocacy to secure state funding for projects such as a separate fuel tank to support local entities like MTSU. Additionally, updates were provided on ongoing capital projects, including a $6 million grant application, taxiway construction scheduled for completion by fall, and design progress on new hangers and shade ports. The board also discussed proposed rate increases for non-aeronautical storage units and tie-downs, with plans to benchmark against comparable airports. No formal votes were taken, but the board expressed consensus on pursuing the RFP process and requested further information on lease policy options and rate adjustments.