HOW MUCH? PORTS AND PUBLIC FUNDING
Our port’s slice of a $5,000 property tax bill is $81.
Above is a breakdown showing the percentage of property taxes collected by Clark County that go to the port and other municipalities each year. Most ports have operating revenue requirements in excess of what they receive in public funds. The Port of Ridgefield’s operating budget to perform economic development projects of community benefit is around $1.5 million per year.
With no marine terminals, airports or rail operations, the port must earn nearly $1 million through boat launch fees, property leases or profitable land sales in addition to what they receive from property taxes.