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Port Authority requests $72,700 city levy to fund operations and economic development work
Summary
The Port Authority approved sending a $72,700 levy request to the city (a $5,700 increase) to support the Port’s operations within the overall $326,157 port budget; the levy is authorized under the mandatory city levy statute and will appear on the city’s tax statement as a separate line.
Bill presented the Port Authority's budget and asked the board to request the city levy $72,700 to support port operations and economic development activities.
"We're looking at $326,157 for the port budget for both revenues and expenditures," Bill said, and he explained the requested levy of $72,700 is included in the levy package he previously presented. He described how the levy is a mandatory city levy authorized under statute for port authorities and that the funds support operations and a portion of staff time devoted to economic development activities. Bill also noted the port holds net fund balances that include state funds tied to the Community Behavioral Health facility's capital renewal and replacement needs.
Board members asked for line‑item clarifications, including why a levy is necessary if much of the cash flow is pass‑through for the CBH facility, the composition of rental revenues and farmland lease income, and the process for reconciling expenses with the state. Bill explained staff builds rent and expense estimates into the budget and that if capital needs exceed estimates they are reconciled with the state and amended into the lease accounting. A motion to request the city levy the $72,700 passed by voice vote; the transcript records the motion, second and an affirmative voice vote but does not list a roll‑call tally.
Members asked staff to provide maps and appraisals related to the DNR discussion at a future meeting so the board can weigh revenue impacts before making land‑release decisions. The Port adjourned after completing the levy vote and other business.
