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Inside Line: First of two 2012 budget meetings Thursday

Port of Tacoma's e-news update.

October 25, 2011

In this issue:


On the agenda

First of two 2012 budget meetings Oct. 27
Commissioners will consider the Port's 2012 budget at two public meetings. The first meeting Oct. 27 includes an in-depth look at business forecasts, capital building plans, the tax levy and the 2011 budget. Commissioners will invite public comment at this meeting.

More budget information and materials will be available by Thursday's meeting on the Port's website at www.portoftacoma.com/budget. Hard copies of the presentation also will be available at the meeting.

The final meeting Nov. 17 is a special public hearing to formally adopt the 2012 statutory budget and tax levy.

Both meetings begin at noon in Room 104 of the Fabulich Center, at 3600 Port of Tacoma Rd. in Tacoma. Meetings are available live and on demand from the Port's website.

Initiative 1125, security contracts top Thursday's agenda
At their Thursday meeting, commissioners are expected to discuss a ballot initiative that would limit the uses of toll revenue by Washington state. The Washington state treasurer has said I-1125 would remove $500 million from SR 520, and tolling would not be an option to kick-start SR 167 - the Port's highest transportation priority - or other projects in the pipeline.

Commissioners will also consider contracts associated with enhancing the Port's security, and hear updates on the Port's strategic planning effort and the Trade Development Alliance. The 2012 budget study session follows the action agenda.

See the full agenda.

Commission meetings begin at noon in Room 104 of The Fabulich Center, 3600 Port of Tacoma Rd. Meetings are available live and on demand from the Port's website.

In the community

Meyer to speak at Nov. 2 Seattle Transportation Club
Port Commissioner Don Meyer will update Transportation Club of Seattle members Nov. 2 on competitive challenges facing the shipping industry and how transportation is key to the region's continued prosperity.

Meyer is Pierce County's only representative on Gov. Chris Gregoire's Connecting Washington task force, which is charged with developing a ten-year investment and funding strategy for the state's transportation system.

Register for the 11:30 a.m. program at the Rainier Golf and Country Club in Seattle. Cost is $30 at the door.

Last Port bus tour of the year Nov. 18
Get a closer look Nov. 18 at the equipment used to move containers filled with holiday decorations and toys during a free narrated bus tour of the Port. It's the last public bus tour scheduled for 2011.

Tour details: Friday, Nov. 18, from 10:30 a.m. to about noon. It begins and ends at the Fabulich Center, 3600 Port of Tacoma Rd.

Space is limited for this free tour and reservations are required. Children age 6 and older are welcome. Photo identification is required for passengers 17 years of age and older.

Reserve your seat by calling (253) 383-9463 or emailing bustours@portoftacoma.com.

Around the industry

Korea trade agreement will boost state's economy, create jobs
Signed into law by President Obama last week, the Korea free trade agreement is expected to boost Washington state's economy and create new jobs.

The agreement immediately opens new access for Washington goods and services in Korea's $1 trillion economy by significantly reducing or eliminating duties on goods produced or grown in the state. The U.S. International Trade Commission estimates full implementation of the agreement could generate nearly 7,025 Washington jobs.

South Korea is the Port's third-largest international trading partner. The Port thanks Sens. Patty Murray and Maria Cantwell and Reps. Dave Reichert, Adam Smith and Norm Dicks for their leadership in voting for this important job-creating legislation. Learn more.

Friends of Rocky Prairie drops appeal of Maytown gravel mining permit
A Thurston County group recently dropped its appeal of a gravel mining permit on a Maytown site formerly owned by the Port.

Friends of Rocky Prairie had appealed a Lewis County Superior Court decision that sided with the Port and the property's current owner about the finality of a gravel mining permit on the Thurston County property.

The group also had appealed a decision to grant an amendment to the permit's conditions, but a Thurston County Superior Court judge ruled the group lacked standing to challenge the land use decision.

Within days of the Thurston County judge's dismissal of its appeal, Friends of Rocky Prairie dropped its challenge in the Court of Appeals to the overall validity of the gravel mining permit. Read more.

Breakbulk volumes strong, containers up slightly
Strong agricultural and construction machinery exports resulted in a 67 percent increase in the Port's breakbulk volumes year-to-date through September. Auto imports and log exports also continued to improve.

Container volumes were up 2 percent year-to-date through September, with full export containers up 16 percent. Full import containers were down 2 percent, a trend felt along the U.S. West Coast. The decline likely reflects a continued lack of U.S. consumer confidence. See all cargo stats.

Trade event targets Washington's global competitiveness
Washington is the most trade-dependent state in the country, and it relies on an effective federal trade agenda for economic success. Join members of the Washington congressional delegation, federal officials and business leaders Nov. 21 at the Washington Trade Conference in Seattle to discuss the state's global competitiveness.

Presented by the Washington Council on International Trade, conference topics include next steps for free trade, infrastructure investment for improved freight mobility and ways to support non-traditional international business, such as tourism and global health. Cost is $95 for WCIT and Seattle Chamber members, and $125 for non-members. Cost includes breakfast and lunch.
 

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