News Flash

Home

Posted on: November 20, 2020

Port Commission Approves 2021 Strategic Budget

The Port Commission this week approved their 2021 operating and capital budget and five-year, $66.7 million capital improvement plan including $31.6 million in offsetting grants.  

CLICK HERE TO VIEW THE PORT'S 2021 STRATEGIC BUDGET


The Port is scheduled to invest $20 million in Whatcom County next year, including $10.7 million in state and federal grants, with a focus on sustainable economic development in support of Covid-19 recovery efforts.  

The Port’s largest capital investment will modernize infrastructure at the Bellingham Shipping Terminal and create working waterfront, family-wage jobs by allowing a wider range of ships and cargoes.  The Port recently secured a $6.85 million federal grant to supplement local dollars and remove navigation high spots, rehabilitate a barge loading facility, and reinforce a “heavy-load” receiving area to increase trade and commerce at the Shipping Terminal.

Other large capital projects scheduled for 2021 include repairing infrastructure at the Bellingham Cruise Terminal and Squalicum Marina, cleaning-up historic environmental contamination in Bellingham Bay and Blaine Harbor, revitalizing Bellingham’s downtown waterfront, making improvements to tenant-occupied buildings, and enhancing stormwater to protect Puget Sound water quality.  The Port is also building “Fisherman’s Pavillion” at Zuanich Point Park to provide covered workspace for commercial fishermen during the winter months and to support events like SeaFeast during other times of the year.  The Port’s strategic budget advances key initiatives established by the Commission which direct the long-term financing, as well as allocation of staff resources. 

The Port operates four lines of business - aviation, marinas, marine terminals and real estate, with each line of business designed to work towards cash neutral after operating costs, capital expense and debt service.  This strategy allows for one hundred percent of the Port’s tax revenue to be used for public priorities such as economic development, infrastructure preservation, environmental cleanups and parks and open space.  The Port’s $7.6 million levy request in 2021 is more than $3.2 million less than the legal limit with the levy rate continuing to decrease year over year.

Facebook Twitter Email

Other News in Home

Salish Sea Scavenger Hunt

Posted on: July 29, 2020

29th Annual Holiday Port Wrap Up

Posted on: December 13, 2019

Shoreline Repair Work Notice

Posted on: October 21, 2019

Waterfront Bike Park Temporarily Closed

Posted on: September 15, 2019

Waterfront Bike Park Notice

Posted on: September 13, 2019

Fourth of July Celebration

Posted on: June 25, 2019

Port Seeks Native Artwork Proposals

Posted on: June 20, 2019

Port Seeks Waterfront Event Proposals

Posted on: February 1, 2019

New Waterfront Road Open to Public

Posted on: January 22, 2019

Port to Apply for Rural Broadband Funding

Posted on: September 17, 2018

Port Earns Clean Audit

Posted on: June 22, 2018

Port Updates Mission Statement

Posted on: December 5, 2017

Port Earns Clean Audit from State

Posted on: June 21, 2017

Port Appoints New Manager of Marinas

Posted on: January 13, 2017

Waterfront Redevelopment Art Project

Posted on: January 13, 2017

Port Commission Selects 2017 Officers

Posted on: January 3, 2017

Port Commission Selects 2016 Officers

Posted on: January 6, 2016

Port Appoints Director of Aviation

Posted on: October 19, 2015

Bellstock Festival this Weekend

Posted on: October 2, 2015

Whatcom Waterway Cleanup Update

Posted on: September 22, 2015

Marine Life Center Temporarily Closed

Posted on: August 7, 2015

Port Commission Selects 2015 Officers

Posted on: January 7, 2015

Port Commission Selects 2013 Officers

Posted on: January 8, 2013