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Port of Lake Charles adopts 2024 budget; budgets about $172 million in capital projects

Port of Lake Charles Board of Commissioners · December 18, 2023
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Summary

The Port of Lake Charles adopted its 2024 operating and capital budget Dec. 18, budgeting roughly $172 million in capital projects for 2024 and projecting operating revenues of about $48.1 million and net income near $2.7 million.

The Lake Charles Port Authority board voted Dec. 18 to adopt the port’s 2024 operating, non‑operating and capital budgets. Staff presented revenue and expense projections and a multi‑year capital plan before the board approved the measure by voice vote.

Staff told commissioners the 2024 capital program totals about $172 million, most of which is already underway; roughly $48 million is expected to be port‑funded in 2024,…

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