Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Lake Charles Harbor board hears April financials, FEMA receipts and Corps funding boost
Summary
Board staff reported April revenues around $3.5 million, significant FEMA/GOSEP receipts and a Corps of Engineers allocation that adds roughly $16.5 million to the ship channel, plus an expected $775,000 Harbor Maintenance Trust Fund allocation to the port.
Port finance and operations staff presented April financial results and project updates at the Lake Charles Harbor & Terminal District meeting May 20.
Cameron reported April revenues of about $3,500,000 and an unfavorable variance of roughly $900,000, with cash flow around $800,000. Unrestricted cash increased from December 2023 by about $5,600,000, and governmental receivables declined by about $14,800,000 after FEMA/GOSEP payments. Cameron said the port received a payment of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
