Port Houston approves FY 2025 budget of over US$670 million

The Port Commission of the Port of Houston Authority convened on 12 November for its annual Budget Workshop. During the workshop, Port Houston approved its FY 2025 operating budget of US$674 million and a US$396 million capital plan.

These approvals will guide Port Houston’s facilities management and operation in the coming year.

A cornerstone of regional development for over a century, Port Houston reaffirmed its commitment to economic growth by adopting its 2025 operating budget. The capital plan for 2025 includes initiatives such as expanding container capacity, redeveloping general cargo facilities, and supporting the ongoing Houston Ship Channel Expansion – Project 11. These efforts aim to enhance growth opportunities for customers and stakeholders while generating additional employment across the local economy.

The Port Commission also approved the Strategic Plan – 2025 Update, which provides a comprehensive framework for Port Houston’s future development and priorities. This plan directs decision-making, resource allocation, and performance evaluation to ensure alignment with shared goals. Its creation involved extensive collaboration, with input from Port Houston staff and over 165 stakeholders.

Additionally, the Port Commission approved tariff adjustments for 2025. These updates reflect current market conditions, support reinvestment in Port Houston’s infrastructure, increase capacity, and sustain the region’s economic vitality. They also include enhancements to user safety measures.

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