Jun 4, 2026BoardMeeting
BoardVirginia Port Authority Board of Commissioners Budget Meeting
The Board convened for a budget meeting to review and approve the Consolidated Annual Budget for Fiscal Year 2027 and authorize funding for the Revenue Stabilization Fund. Presentations included an executive summary, capital budget allocation, debt service coverage, and key economic assumptions regarding volume forecasts and operational expenses. Additionally, the Board recognized the service of a departing commissioner and received an update on upcoming port events, including the channel deepening and widening project.