Finance

Port of Kennewick collaborates on economic development projects with the cities of Kennewick, Richland, West Richland and Benton City, and also with Benton County, to serve as a catalyst for business, industrial, commercial, and tourism development within its district.

The Port’s takes its fiscal responsibility of taxpayer dollars very seriously and works in a transparent manner to maintain the community’s trust.

The Port’s work is guided by initiatives, development plans and directives, which are identified in the following documents, as well as in project-specific master plans. These plans are developed in an open process, involving partners and the public. Plans are then formally approved by the Port Commission and provide direction to Port staff.

Annual Work Plan

2019-2020 Work Plan

September 25, 2018

2017-2018 Work Plan

October 25, 2016

Budget

2019-2020 Budget

October 23, 2018

2017-2018 Budget

October 25, 2016

Audited Financial Reports

The Port’s financial records and procedures are independently audited by the Washington State Auditor’s Office.

Financial Report

Fiscal Year Ended December 31, 2017 (Most Recent)

Financial Report

Fiscal Year Ended December 31, 2016

Financial Report

Fiscal Year Ended December 31, 2015

Financial Report

Fiscal Year Ended December 31, 2014

Financial Report

Fiscal Year Ended December 31, 2013

Economic Impact & Tax Levy

The Port of Kennewick’s role is to create a foundation for private sector economic growth and job creation and to make investments in those amenities that draw visitors to the community and enhance the quality of life for residents of the Port’s district.

Whether it is transforming Clover Island, developing business and industrial parks, redeveloping Vista Field, or revitalizing Columbia Drive, the Port is committed to fostering job growth and creating welcoming public spaces.

A Focus on Fiscal Responsibility

Even though the property-tax levy-rate, which supports Port operations, has gone down 25 percent since 2001 (helping keep millions of dollars in our citizen’s pockets), the number of investments and assets the Port manages on behalf of its district taxpayers have grown substantially.

The Port has been strategically focused on projects that generate resources beyond property taxes, which can be used to create additional community benefit and drive further economic development.