With one of eight natural deep water marine terminal facilities in Washington state, its 1,000+ slip marina, and its roughly 80 acres of commercial properties, the Port of Anacortes is instrumental to the success and economic development of the community.
Created in 1926, under provision of the Revised Code of Washington (R.C.W. Title 53 et seq.), the Port of Anacortes is a special purpose district. It is independent from other local or state governments and performs accounting and financial reporting activities very much like a business. Through user charges, property leases, tariffs, and fees, the Port is self-sustaining in providing ongoing services in furtherance of its mission.
As a municipal government, the Port is authorized to collect property tax revenues from property owners within its district. Based on Commission guidance, the Port uses its tax revenues to fund industrial land acquisition and development, including environmental costs; to pay for debt incurred to acquire, expand, or construct facilities that are used to support the Port’s mission; and to fund public access improvements.
The Finance Department manages all day-to-day accounting functions for the Port, including:
- establishment of internal controls,
- budgeting and forecasting,
- financial reporting,
- accounts payable, and
- accounts receivable.
Independent financial and accountability audits are performed annually by the State Auditor’s Office, and internal, unaudited financial information is presented quarterly at regularly scheduled Commission meetings. For questions, concerns, or more information, please contact the Port’s Director of Finance & Administration, Jill Brownfield at email@example.com or (360) 299-1807