News Ports

Democrats compete for Group 5 seat

Although it gets little fanfare, the Port of Palm Beach is a potent economic powerhouse, generating $260 million in business revenue and $12 million in state and federal taxes. It employs 56 people, and along with its tenants, supports more than 3,800 direct jobs.

More than $14 million worth of commodities move through the 165-acre port annually – 80% of it in exports, mostly to Caribbean countries. One cruise ship, Margaritaville at Sea Paradise, also is based there.

Governing this special taxing district in what is the fourth busiest of Florida’s 14 deepwater container ports are five commissioners elected at large by voters. Port commissioners meet monthly. They are each paid salaries of $12,500.

More Port of Palm Beach news:Searching for more space, Port of Palm Beach may call for the relocation of some tenants

Source link