As municipal and economic development officials continue to sketch out a tentative improvement plan for Houlton International Airport, an updated report forecasts a future for the facility as long as improvements are made.

In the study, planners suggested renovations and upgrades to the facility. They included the reconstruction of the two runways at the airport, along with expansion of automobile parking. Reconstruction of the airport’s taxiway and creation of several new hangars to accommodate additional aircraft also were included. The work will cost an estimated $12.5 million.

The Federal Aviation Administration pays for 90 percent of the project costs, with the Maine Department of Transportation and the town each picking up the remaining 5 percent.