The $155 million project includes a 7,140-foot (2,180 m) by 150-foot (46 m) runway, numbered 14/32, and a 58,000-square-foot (5,400 m2) terminal designed to accommodate 1.4 million passengers a year. The $155 million cost of the building the terminal included $38 million in private equity and $117 million in tax free bonds underwritten by Citigroup.[19] The high-risk, high-yield bonds (top rate of 6.5%) were issued by the Branson Regional Airport Transportation Development District.[20] The City of Branson will pay a subsidy of $8.24 to Branson Airport LLC for each arriving visitor with an annual cap of $2 Million.[16] Given the rates at which the bonds are financed, this subsidy could amount to 20% of the total costs of financing the airport's construction.