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Greater Lafourche Port Commission adopts $116 million 2025 budget, approves beach funding and project change orders
Summary
The Greater Lafourche Port Commission approved its consolidated 2025 budget totaling roughly $116.0 million, approved cooperative agreements to fund Fourchon Beach, and cleared several contract change orders and routine payments during its meeting.
The Greater Lafourche Port Commission voted to adopt a consolidated 2025 budget and approved a series of funding and contract actions at its meeting.
Ms. Parker, presenting the consolidated income statement and budget, said anticipated 2025 revenues are "around $32,373,163" with direct costs of roughly $12,100,000, producing a gross profit of about $20,244,845 and an expected net income of $17,759,880. The commission's 2025 consolidated budget total as presented was $116,043,200. Staff described major capital projects in the plan, including a Fourchon Beach Restoration and Breakwaters Project (total project cost about $17,000,000 with an estimated $13,000,000 from third-party agencies and $4,000,000 from the Port…
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