Wauchula Municipal Airport is owned by the City of Wauchula and is operated by the Wauchula Municipal Airport Authority as an agency of the city. The Authority consists of seven members appointed by the City Council, each serving three year terms.

The purpose of the Authority is to efficiently operate the airport, to be responsive to the needs of the flying public, to appoint and employ services required to operate the airport, and to receive grants for airport improvements as agents of the City.

Since its opening in September of 1983, the Wauchula Municipal Airport has an important role in the Central Florida Regions aviation system by providing for flight training, aircraft repair, aircraft storage and fueling. In addition to recreational aircraft operators, the airport serves many local businesses, including spraying operators for the local agricultural industury.