OCTOBER 12, 2016

 

BUDGET/FINANCES

Port approves airport funds swap

October 12, 2016, PTLeader

At the suggestion of the Federal Aviation Administration (FAA) regional manager, Port of Port Townsend commissioners recently agreed to transfer $150,000 in unused FAA grant funds to the Port of Port Angeles for use completing the apron project at the William Fairchild International Airport. The City of Forks completed a similar transfer.

The FAA provides up to $150,000 per year in grants to small, publicly owned airports for capital improvement projects. Grant funds must be used within four years, but airports that do not use all of their grant funds may donate unused funds to other airports rather than returning monies to the FAA. The Port of Port Townsend and Jefferson County International Airport have also been the recipients of such transfers in the past.

 

 

2017 preliminary budget presented to Port of Grays Harbor commissioners

October 11, 2016, The Daily World

The Port of Grays Harbor’s preliminary 2017 budget was unveiled at the Port commissioners’ meeting Tuesday, predicting a slight decline in revenue and import/export activity for 2017 but with levels still well above those earlier in the decade.

Port Director of Finance and Administration Mary Nelson presented a summary of the report before commissioners voted to approve the preliminary budget.

With international trade activity representing nearly 80 percent of the Port’s operations, the recent strengthening of the dollar is partially responsible for the decline. That affected U.S. exports for a short time, but the outlook for the rest of this year and into next is for more stability in trade conditions. Forecasts have 87 vessels and 2 million metric tons of cargo coming through the Port in 2017, leading to expected operating revenues of $25 million. While below the record years of 2013-14, revenues are well above those prior to 2012.

Read more here:  http://www.thedailyworld.com/news/2017-preliminary-budget-presented-to-port-of-grays-harbor-commissioners/

 

PEOPLE

Englin named port operations director

Libby Wennstrom, October 12, 2016, PTLeader.com

Greg Englin has been hired as the Port of Port Townsend’s director of operations and business development. Sam Gibboney, port executive director, announced Englin’s hiring on Oct. 7.

The new position is to function as a member of the port’s senior leadership team and be responsible for the port’s business operations and business development. As a leadership team member, Englin reports directly to Gibboney.

Englin had been port Commissioner Steve Tucker’s top choice for executive director during the search for a new leader last spring. Commissioners Pete Hanke and Brad Clinefelter advocated for hiring Gibboney, and Tucker ultimately agreed. Englin, who lives on Bainbridge Island, said he was happy with how things worked out, and that he sees the new role as a “win-win” for the port.

Read more here:  http://www.ptleader.com/news/englin-named-port-operations-director/article_5ab6bf66-9005-11e6-bda7-af889a2d9d73.html

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