Oscoda Wurtsmith Airport Authority - Local Development Finance Authority
3961 E. Airport Drive |  Oscoda, MI 48750  |  989-739-1111  

Tax Increment Finance Plan & Development Plan

Public Meeting Information

Oscoda-Wurtsmith Airport – Local Development Finance Authority
Notice of Public Information Meeting

Oscoda-Wurtsmith Airport – Local Development Finance Authority (OWA-LDFA) captures and utilizes portions of property taxes collected from businesses that are located within the boundaries of Oscoda
Wurtsmith Airport.   Therefore, Michigan PA 57 of 2018 requires OWA-LDFA to conduct a minimum of two public information meetings each year.   The next public information meeting is scheduled to start at 9:00 a.m. on Friday, December 9, 2022.  Preliminary information is posted on the website for Charter Township of Oscoda at  www.oscodatownshipmi.gov.   This meeting will be conducted at the Airport terminal building  which is located at 3961 E. Airport Drive, Oscoda, Michigan 48750  This meeting is scheduled to commence at 9:00 a.m.
For additional information, please contact Oscoda-Wurtsmith Airport by calling (989) 739-1111.

The OWAA-LDFA was created in 2013 to capture and plan for tax revenues generated from Oscoda-Wurtsmith Airport properties. Its eleven (11) member board represents the Charter Township of Oscoda, Iosco County Board of Commissioners, Alpena Community College, and Oscoda Area Schools. Oscoda Township is responsible for seven (7) of these seats.
OWA Board members updated - Copy (2)

2023 Meeting Schedule

Meeting Date & Time

Thursday March 9th, 2023 at 4:00 p.m.

Thursday June 8th, 2023 at 4:00 p.m.

Thursday September 14th, 2023 at 4:00 p.m.

Tuesday December 12th, 2023 at 4:00 p.m.

OWA-LDFA Quick Reference Information


Name of the Authority

Oscoda-Wurtsmith Airport 

Local Development Finance Authority


Date OWA-LDFA Was Formed

November 12, 2012

Date Tax Increment Finance and Development Plan Adopted

November 11, 2013

Date Tax Increment Finance and Development Plan is Set to Expire

December 31, 2027


Tax Year Utilized as the Baseline / Initial taxable Value



Tax Year from Which Tax Increment Capture was First Utilized


Scheduled Final Year for Tax Increment Capture



The Unencumbered Fund Balance as of the Date of this Report



The Encumbered Fund Balance for FY 2021