Port of HR Budget Contains Pre-Identified Reductions If Needed

The Port of Hood River has put together a budget for the 2020-21 Fiscal Year similar to the current fiscal year, but pre-identified reductions to carry out as it deals with pandemic-related revenue losses.  Port Executive Director Michael McElwee says a loss of revenue from leased properties and the Interstate Bridge are the biggest impacts they are feeling, but the full extent is still unknown.  McElwee says they will be monitoring revenues on a weekly basis, and staff will bring recommendations to the Port Commission when they know the full impact of the pandemic.  McElwee noted their areas to look for reductions would be in capital expenditures and personnel expenses.

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