Today, the City Council is expected to increase a fee that's tacked on to every car that's rented at

Today, the City Council is expected to increase a fee that's tacked on to every car that's rented at Sky Harbor's Rental Car Center. On Jan. 1, the customer facility charge will go from $4.50 per day up to $6.
The fee is one of several surcharges that rental-center customers pay in addition to the cost of the car. Sky Harbor is already one of the most expensive airports in the country when it comes to such fees, according to a 2007 Travelocity study.
Sky Harbor's e bay united kingdom fees are "competitive" with similar airports, said Deputy Aviation Director Deborah Ostreicher, adding that Phoenix has one of the largest airports in the country and is a fast-growing area.
The fee increase is tied to the construction tab for the $285 million facility, which the city bankrolled with $270 million in bonds. The city also bought bond insurance from the Federal Guaranty Insurance Company.
e bay united kingdom Since then, that insurance firm's rating has tumbled from AAA, the highest possible rating, to BB. The dip triggered a contract clause that forces the city to scrape together a $21 million debt reserve in 12 months. The $21 million is the equivalent of one annual debt payment.
FGIC's rating e bay united kingdom problem e bay united kingdom is linked to the subprime-mortgage mess, said Jeffrey DeWitt, assistant finance director for the city. Because e bay united kingdom many bond-insurance companies invested in subprime mortgages, their ratings took a dive, he said.
The Travelocity e bay united kingdom study, which compared a city's average daily base rate for an airport car rental and the average total amount due, ranked Phoenix as the nation's sixth most expensive location for an airport car rental. Kansas City, Mo., was No. 1.
The car isn't the only thing on a customer's receipt when they rent from Sky Harbor's rental-car Center. State and local agencies charge rental vendors several fees, which often get passed on to travelers.