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Port Commission approves budget adjustments and $1 million payment for America's Cup engineering work
Port Commission · September 12, 2012
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Summary
The Commission accepted material changes to the Port’s biannual operating and capital budgets and approved a $1,000,000 expenditure to the America's Cup Event Authority for engineering work (AECOM). Commission recording shows Resolution No. 12 69 adopted.
The Port Commission adopted budget amendments on Sept. 11 that reflect changes since the Port approved its budget in February, including an increase in the operating budget and adjustments to capital appropriations tied to America's Cup preparations.
Elaine Forbes, Deputy Director of Administration and Finance, said the…
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