PORT ANGELES — The Port of Port Angeles must increase its property tax rate 5 percent and use $99,153 of its reserves to balance its proposed fiscal 2002 operating budget.
The Port must also draw another $303,000 out of its reserves to fund planned capital improvements, according to Finance Director William James.
Port commissioners will consider the $5.4 million operating budget and $303,000 capital improvement budget at its 5:30 p.m. Nov. 26 meeting at the Port’s administrative office, 338 W. First St.
