Port of Camas-Washougal in ‘strong financial position’ by 2025

As with all previous budgets, the port will use property taxes for capital projects, with $6.14 million in operating revenue, with funding estimated at $5.7 million in operating expenses, according to the site- of the port website.

Net income is estimated at $457,457, a slight increase from the 2024 projected figure of $381,667.

“We’ve always had a goal of $250,000 for net income, which seems very, very low,” Finance Director Krista Cagle said during the Oct. 2 port commission meeting. “So, as a team, we decided, ‘Well, what if we hit this 10 percent goal of operating income?’ So for next year, that goal would actually be $614,000, so we’re just shy of that.”

The Port estimates that Grove Field will bring in $714,000 in 2025 (11.6% of total revenue); Parker’s Landing Marina will generate $1.5 million (25 percent); real estate will bring 3.9 million dollars (63 percent); and parks and general administration will bring in $35,000 (0.7 percent).

The port expects to spend $1.067 million on 28 capital projects, including rehabilitation of 35th Street, energy efficiency at the industrial park and the design and construction of a new sign for the front of its administrative office.