THE PERSPECTIVE OF AIRPORT OWNERS The perspective of the owners of privately owned public use airports is substantially set forth in the foregoing section of this report entitled Problems Facing New Jersey's General Aviation System. The findings set forth in that section represent the combined product of interviews with, surveys of, and testimony taken from present and former private owners of public use airports. This section briefly sets forth a comparison of the different perspectives of the private and public owners of New Jersey's general aviation airports. The findings set forth herein are based upon a compilation of survey questionnaires sent to all 15 publicly owned airports and all 35 privately owned airports in New Jersey (see Appendix F). A total of 38 airports responded, of which ten are publicly owned and 28 are privately owned. Private Owners The most common reasons given by private owners for why their airports might close are property taxes, municipal opposition and/or interference, financial considerations, pressure from neighboring residents and, in some instances, the age of the owner who is nearing retirement. These private owners also suggested that specific programs would encourage them to remain open, including: property tax relief; State support in resolving municipal opposition to airport development; an airport preservation program similar to the Farmland Preservation program; a change to public ownership; an increase in economic benefits; and relief from fees, regulations and land use restrictions. Sixty-one percent of private owners responded that real estate taxes were a financial hardship. Twenty-four percent stated that increased real estate values might cause them to close, while another 24 percent stated it was not a determinative factor. Sixty-eight percent stated they would remain open for public use if there were an airport program similar to Farmland Preservation. Sixty-eight percent had received State funds from a New Jersey Block Grant or FAA AIP Grant program, while 32 percent did not. Twenty-nine percent stated that they were satisfied with the required State and federal grant assurances (i.e., the commitments airport owners must make to receive grants) while 21 percent stated their dissatisfaction. Thirty-nine percent stated that its five-percent sponsor share was a great financial hardship, while 25 percent stated it was not. Additionally, 71 percent stated that their facilities were not presently operating at maximum capacity and 54 percent responded that they did not expect to be operating at maximum capacity during the next five years. Thirty-nine percent of the respondents stated that there exists local, county, city, or municipal opposition or regulations that are detrimental to their continued existence, while 29 percent stated there were not. Twenty-one percent stated that there was a possibility that the airport would close due to pressure from nearby residential neighborhoods, while 50 percent stated that there was no such pressure. Finally, 32 percent responded that they expected their long-term ownership to remain private while 25 percent said they expected to change to public ownership. Publicly Owned Facilities Ninety percent of the State's publicly owned airports reported there was no possibility of closure due to increased real estate values. Eighty seven percent responded that they received State funds from the State's Block Grant Program or the FAA AIP Grant Program, while ten percent stated they did not. Ninety percent stated that their facility was not presently operating at maximum capacity, while 70 percent stated that they did not expect to be at maximum operating capacity within the next five years. Only 30 percent of the publicly owned facilities stated there exists local, county, city, or municipal opposition or regulations that are detrimental to their continued existence, while 70 percent stated there were not.