Tuesday, November 28, 2017

Everett Budget Approved

By Karen Robes Meeks

The Port of Everett Commission recently approved a $85.7 million fiscal. The 2018 budget covered more than 100 employees and includes $25.8 million in operating/non-operating expenses, $43.7 million in new capital investment and an additional $10 million in capital investment carry over from 2017, as well as a $6.2 million debt payment. The budget also includes funding for 56 capital projects, including work on the South Terminal Wharf and Electrical Upgrade, and Fisherman’s Harbor as the two main undertakings.

The port’s latest budget reflects its vision to modernize its facilities and nurture the Waterfront Place Central Development community.

Visit http://www.portofeverett.com/your-port/financial-information for more.