Port of Tacoma FY2027 Budget Budget
The Port of Tacoma's statutory budget and tax levy for fiscal year 2027, adopted on November 17, 2026, is a legal budget of record reflecting the Port's operating and capital plans.
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The Port of Tacoma's statutory budget and tax levy for fiscal year 2027, adopted on November 17, 2026, is a legal budget of record reflecting the Port's operating and capital plans.
The Port of Tacoma Commission is convening a budget study session to conduct a review of the proposed operating budget for 2027.
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The Port of Tacoma held a Tax, Equity and Fiscal Responsibility Act (TEFRA) hearing regarding the potential use of $100 million in Subordinate Lien Revenue Notes, Series B. The proceeds from these notes are intended to support property acquisition and the financing or refinancing of site development, construction, repairs, upgrades, and equipment purchases for various facilities owned by the Port or licensed to The Northwest Seaport Alliance.
The Managing Members of the Northwest Seaport Alliance and the Port of Tacoma Commission met to address several agenda items. Key actions included authorizing a lease agreement with GRT Environmental Services (USA) Ltd., executing a third amendment to the GLOVIS America Use Agreement, and executing a first amendment to the Interlocal Agreement between the Port of Tacoma and the Northwest Seaport Alliance regarding the implementation of the GLOVIS 2020 Use Agreement. Additionally, the Board authorized a personal services agreement with NJI Media LLC for a rebrand initiative, conducted a first reading regarding proposed amendments to the NWSA bylaws, and received briefings on the 2026 Q3 grants and cargo operations.
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