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Port 101: Budget Basics


The Port of Tacoma plays a vital role in our region’s economy. Find out where its funding comes from and how property tax dollars support environmental projects and more.

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Aerial view of the Saxum Investment, LLC lease property.

For more than 40 years, the Port of Tacoma has actively worked to transform old industrial sites into usable properties to attract new business—and jobs—to the South Sound region. While the process, called environmental remediation, can be complicated, slow, and expensive, it’s a body of work that ports are uniquely suited to undertake.

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Aerial shot of the Maritime Center construction site and the 11th street bridge overlooking downtown Tacoma.

For more than 40 years, the Port of Tacoma has actively worked to transform old industrial sites into usable properties to attract new business—and jobs—to the South Sound region. While the process, called environmental remediation, can be complicated, slow, and expensive, it’s a body of work that ports are uniquely suited to undertake.

Aerial shot of the Port Maritime Center construction site along the Foss Waterway on a sunny day.

Overview

For more than 40 years, the Port of Tacoma has actively worked to transform old industrial sites into usable properties to attract new business—and jobs—to the South Sound region. While the process, called environmental remediation, can be complicated, slow, and expensive, it’s a body of work that ports are uniquely suited to undertake.

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For more than 40 years, the Port of Tacoma has actively worked to transform old industrial sites into usable properties to attract new business—and jobs—to the South Sound region. While the process, called environmental remediation, can be complicated, slow, and expensive, it’s a body of work that ports are uniquely suited to undertake.