C-W Port approves 2015 budget

Waterfront trail and park are among capital projects

The 2015 Port of Camas-Washougal final budget includes $6 million in capital improvement projects.

The $9.52 million budget has $1.1 million for the waterfront trail/park project on part of the former Hambleton Lumber Company site, $2.8 million for the construction of Building 17 in the Steigerwald Commerce Center and $250,000 for a remodel of the port administrative office.

Other budget items include $25,000 for Index Street repairs, $200,000 for a back up generator system, $30,000 for an SUV and $150,000 for runway and beacon pole lighting at Grove Field Airport.

The 2015 budget includes a one percent tax levy increase, which will bring in $2.2 million. That is a $21,803 increase, compared to the levy revenue in 2014.

The ending cash balance, on Dec. 31, 2015, is projected to be $1.38 million. The port’s cash reserve policy states that the port should maintain approximately $1.2 million in reserves.

The final budget can be viewed at the port office, 24 S. “A” St., Washougal, and at www.portcw.com.

The port commission’s next meeting will be held Tuesday, Dec. 16, at 5 p.m., in the port office meeting room.