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Port of Bellingham

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Port activity represents almost 10% of the local economy. ... the two largest employers (St. Joseph's Hospital and Western Washington University) ... – PowerPoint PPT presentation

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Title: Port of Bellingham


1
Port of Bellingham
  • November 2008

2
Stormwater Management
  • Importance to Puget Sound
  • Increasing Port regulatory requirements
  • Port staff training

3
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4
WPPA Annual Conference
5
Port activity represents almost 10 of the local
economy.
Passenger and cargo services at the airport
Real estate tenants
Marinas and marine transportation
More direct jobs in Whatcom County than the two
largest employers (St. Josephs Hospital and
Western Washington University).
6
7,371 total jobs
891.7 million in business revenue
  • 335.7 million total payroll

41,245 average wages for direct jobs
  • 29.9 million state/local taxes

7
Economic impacts are created by more than 200
Port tenants. Largest source of Port economic
activity.
Wholesale distribution (cold storage) with 2,574
total jobs is the largest contributor.
Marine Industry generates 1,411 total jobs,
paying 68.8 million in total earnings.
Approximately 60 of the 3.357 direct job holders
with Port real estate tenants reside in Bellingham
8
431 total jobs generated by boating activities.
Companies dependent on supplying services that
support marina activity receive 11.0 million in
business revenue.
Companies made 12.3 million in local purchases
for goods and services.
The Alaska Marine Highway System created 32 jobs
locally, and provides 2.9 million in business
revenue.
9
Passenger and air cargo activity at the airport
generates 484 total jobs, 103 of which are direct
jobs.
Passengers at Bellingham International Airport
generate 79.1 million in business revenues.
Aviation companies purchased 6.2 million in
local goods and services.
5.9 million of Federal aviation-specific taxes
were collected from passenger and air freight
activity.
10
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11
Cost/Benefit The Ports property tax collection
at 38 per capita yields 4 times the benefit in
total state/local tax impact. The business
revenue impact by Port activity well exceeds the
Ports 2008 Budget Expenditure of 222 per capita
(operating, capital and debt).
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