PORT COMMISSION ADOPTS FISCAL STRATEGY FOR DEBT PAYMENTS
FREEPORT, TX (February 13, 2025)—The Port Freeport Commission has unanimously voted to create a dedicated operating account to manage the annual payments for the 2018 voter-approved General Obligation Bond debt. This proactive strategy will set aside one-twelfth of the annual debt payment from the monthly operating revenue, ensuring the Port maintains financial stability while upholding its commitment to a $0 tax rate.“The Port Commission is dedicated to sound financial management and tax independence,”
PORT FREEPORT AWARDED $1.487 MILLION CLEAN PORTS PROGRAM GRANT BY THE U.S. ENVIRONMENTAL PROTECTION AGENCY
PORT FREEPORT AWARDED $1.487 MILLION CLEAN PORTS PROGRAM GRANT BY THE U.S. ENVIRONMENTAL PROTECTION AGENCY FREEPORT, TX (November 18, 2024) – Port Freeport is pleased to announce that it has been awarded $1,487,000 grant from the U.S. Environmental Protection Agency's Clean Ports Program. This funding will enhance the port's commitment to environmental innovation and community engagement by supporting zero-emissions equipment, infrastructure improvements, and climate planning initiatives. “We
PORT FREEPORT RECEIVES 35th CONSECUTIVE CERTIFICATE OF ACHIEVEMENT IN FINANCIAL REPORTING
PORT FREEPORT RECEIVES 35th CONSECUTIVE CERTIFICATE OF ACHIEVEMENT IN FINANCIAL REPORTING FREEPORT, TX (October 28, 2024) – For the 35th consecutive year, Port Freeport has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its 2023 Annual Comprehensive Financial Report (ACFR). “This prestigious recognition underscores our unwavering commitment to transparency and financial integrity,”