The Manatee County Port Authority convened on August 27, 2024, to discuss key developments and budgetary matters, highlighting a robust financial outlook and ongoing partnerships aimed at enhancing port operations.

The meeting commenced with no public comments, leading to the swift approval of the consent agenda, which included a new partnership agreement with U.S. Customs and Border Protection. This agreement is designed to bolster security measures at the port, ensuring thorough inspections of all incoming vessels and cargo. Representatives from U.S. Customs attended the meeting to underscore the importance of this collaboration.

Denise Duffelbeam, the Director of Business Administration and Finance, reported a significant increase in operating revenue for the current fiscal year, projecting nearly $31 million, up from a budgeted $25.5 million. This growth is attributed to a rise in vessel calls, which increased from 450 to 475, and a notable uptick in cargo tonnage, particularly in juice imports. The port's financial success is expected to facilitate reinvestment into infrastructure projects.

Abby Lindicamp, Deputy Director of Business Administration and Finance, presented the proposed budget for fiscal year 2025, which anticipates operating revenue of $29.6 million—a 16% increase from the previous year. The budget also includes an 11% rise in expenses, totaling $18 million, with plans to add two new positions to enhance security and warehouse operations.

Dan Fitzpatrick, Director of Planning and Project Development, outlined the port's ambitious capital improvement plan, which is guided by a 20-year master plan aimed at maximizing economic impact. Key projects include the extension of berth four, which will allow simultaneous docking of two vessels, and an expansion of the container yard by 16.5 acres. The port is also set to receive new mobile harbor cranes, enhancing operational efficiency.

Overall, the meeting reflected a positive trajectory for the Manatee County Port Authority, with increasing revenues and strategic investments poised to strengthen its role as a vital economic driver in the region.