Port Commission Approved 2019 Capital and Operations Budget

The Port Commission approved the 2019 Final Capital and Operations Budget on November 15, 2018. The Port reported minimal operation budget changes. The capital budget projects included the two Guild Road Industrial Park construction projects along with land acquisition for the DNR property currently awaiting finalization due to a challenge to the purchase sale agreement pertaining to the SEPA. The capital projects required the Port to increase the millage rate from $0.14 per $1,000 assessed value to $0.28 per $1,000 assessed value. The final budget documents includes the financial forecast of debt for the Port of Woodland identifying current and future debts of capital projects, payments and payoffs.

2019 Final Budget Capital and Operation

 

2018-11-19T15:34:00+00:00November 19, 2018|Categories: Uncategorized|