My Port of Longview
COMMUNITY INVESTMENT IN PORT = ECONOMIC PROSPERITY
Why do I pay Port taxes? It’s a great question, and one we’re asked frequently. Combined with operating profits and grants, your tax dollars are directly invested in the infrastructure that creates economic prosperity within our community.
As a publicly–owned entity, you own more than 830 acres of land, docks, buildings and equipment requiring maintenance and expansion to meet business and cargo handling demands. Managing these assets is a monumental task, which pays dividends in the form of jobs, revenue to local business and taxes generated for public services.
For example, the Port is in the middle of a $3 million-dollar, multi-year project to expand the dock containment area at berths 6 and 7. By doubling the area in which the Port can contain and treat water runoff from cargo operations, we can more efficiently and cost effectively meet growing environmental requirements and customer needs. Speed and savings are important to prospective customers who are choosing among multiple ports to ship their cargo through.
Over the last several years the Port’s Board of Commissioners has significantly reduced tax collection – by nearly 50%. While the Port does collect just over $2 million in taxes, that investment generates $5.2 million back for schools, roads and public services, 1 in 10 local jobs and $444 million for local businesses.
Your investment in infrastructure, like increasing containment, means your Port can handle a wider variety of cargoes. It means attracting more economic benefits that strengthens our local economy and our community.
PORT MAXIMIZES FACILITIES FOR ECONOMIC BENEFITS
In keeping with the Port’s Strategic Plan, this year’s budget priorities are carefully considered to ensure the best return on our investments and your tax dollars, all for the continued economic benefit of our communities. Below are just a few:
INDUSTRIAL RAIL CORRIDOR (IRC) EXPANSION: The Port is moving forward with the IRC expansion project which will allow larger volumes of cargo to move freely to and from our facility without interruptions to the community.
BERTH 4 REVITALIZATION: The Port is embarking on next steps toward revamping Berth 4 by completing a vehicle and rail transportation analysis this year. The results of the analysis will help determine next steps in the development of the berth, as well as the IRC expansion project.
HOW YOUR TAX DOLLARS ARE INVESTED AT THE PORT
Upgrades to our existing rail infrastructure are critical to making the Port an attractive option for our customers.
The purchase of equipment, such as excavators, fleet vehicles, sweepers and lift trucks help keep Port operations running smoothly.
Maintaining and upgrading our existing facilities (like the Berth 6/7 containment upgrade project) is key to the Port staying competitive.