Civic
Naples airport settlement principles: proposal, budget and next decision
A source-linked read of the September 17 City–Airport negotiation record and the Airport Authority's proposed FY2027 budget.

Bottom line
The public record now contains proposed City–Airport settlement principles and a $132.55 million FY2027 resource plan. Neither record is a signed settlement, a completed land-use change or proof that the proposed capital program will be delivered.
Verified public record
What the cited records establish.
These statements are limited to the documents below and the stated review date.
- Proposed principles dated September 10 contemplate an 82- to 99-year term, annual payments of $240,000 for years 1–42 and, beginning in year 43, $2.4 million annually in present-time value.
- The proposal calls for an Airport Utilization Plan, expedited independent dispute resolution and a 150-day review period; some airport infrastructure would avoid discretionary City review.
- The proposal says code or Comprehensive Plan changes may be needed. It does not establish that either party accepted the principles or executed a settlement.
- The September 1 draft FY2027 Airport Authority budget reports $132,550,000 of total resources/revenues, $73,935,437 of proposed expenses/expenditures and $67,537,563 of estimated year-end available resources.
- The draft capital plan totals $36.7 million, including $30.5 million of Authority funding and $6.2 million of potential FAA/FDOT funding; it assumes no FY2027 debt.
Still unresolved
What this review does not establish.
Unknowns stay visible instead of being filled with assumptions.
- Whether the City and Airport Authority accept, revise or reject the proposed principles
- The formula and base date for calculating future present-time-value payments
- The final Airport Utilization Plan, infrastructure-review boundary and dispute-resolution terms
- Whether code or Comprehensive Plan amendments are introduced and adopted
- Which FY2027 capital items receive final authorization, grant awards, contracts and completion records
Next public trigger
The conclusion changes only with a signed settlement, an official action record, a noticed code or Comprehensive Plan amendment, an adopted final budget, or a later contract and delivery record.
Sources
Direct records used for this brief.
Public recordSeptember 17, 2026 joint City–Airport Chapter 164 agendaCity of Naples · checked September 17, 2026Public recordProposed settlement principles dated September 10, 2026City of Naples · checked September 17, 2026Public recordDraft FY2027 budget dated September 1, 2026Naples Airport Authority · checked September 17, 2026Public recordSeptember 14, 2026 Council workshop agendaCity of Naples · checked September 17, 2026
Civic