Federal grant · formula grant (a)

Hazard-Perry County Airport Board

Purpose: Construct/expand Hangar. Activities to Be Performed/expected Outcomes: This Project Constructs a New 10,000 Square Foot Sponsor-owned Hangar for Aircraft Storage and Maintenance to Assist the Airport to Be as Self-sustaining as Possible by Generating Revenue. the Sponsor Has Adequately Financed the Airside Needs of the Airport. This Grant Funds the Second Phase, Which Consists of Construction of 6,514 Square Feet. This Is Associated With an Airport Infrastructure Grant That Funds the Remaining Eligible Portion of the Project. Intended Beneficiary: This Grant Will Provide Federal Funding for Airports Associated With Hazard, Kentucky.

Committed

$748,503

Paid out
$629.9K
84%
Committed, not yet paid
$118.6K
16%

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗