U. S. Ports Financed 25% or more of Total Debt by General Obligation Bonds
Source: MARAD FY 2001 Public Port Finance Survey (US$ 000s)
Dollar Amount of General Obligation Bond (Tax Levy Supported Debt) in Descending Order
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U. S. Ports Financed 25% or more of Total Debt by General Obligation Bonds Source: MARAD FY 2001 Public Port Finance Survey (US$ 000s) Dollar Amount of General Obligation Bond (Tax Levy Supported Debt) in Descending Order |
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General Obligation Bond Financed Port Facilities |
Selected Operating Ratios |
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| PORT (Hyperlinks included where available) |
operating Status |
GENERAL OBLIGATION BONDS |
Tax levy |
general obligation debt as percent of total long-term debt |
PORT REVENUE |
OPERATING INCOME |
TONNAGE | Ratio of Operating Expense/Operating Revenue | Ratio of Operating Income/Operating Revenue | Operating Income + Depreciation/Operating Revenue | Average Number of Days Sales Uncollected (Net Accts. Rec./Op. Rev./360)
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| PORT OF HOUSTON AUTHORITY (TX) |
LTDOP |
$324,705 |
$30,922 |
93.56% |
$108,339 |
$12,821 |
27,460,147 |
88.2% |
11.8% |
31.9% |
72 |
| PORT OF SEATTLE (WA) |
OP |
$240,125 |
35,721 |
47.25% |
100,625 |
(9,170) |
16,064,232 |
109.1% |
-9.1% |
24.0% |
30 |
| GEORGIA PORTS AUTHORITY |
OP |
$220,740 |
0 |
90.42% |
97,778 |
11,960 |
12,576,618 |
87.8% |
12.2% |
29.1% |
51 |
| PORT OF MIAMI (FL) |
NONOP |
$153,505 |
0 |
28.16% |
76,169 |
27,194 |
8,247,000 |
64.3% |
35.7% |
54.0% |
38 |
| PORT OF TACOMA (WA) |
LTDOP |
$44,835 |
7,049 |
41.87% |
61,221 |
10,161 |
14,452,817 |
83.4% |
16.6% |
43.0% |
38 |
| PORT OF BEAUMONT (TX) |
OP |
$32,995 |
5,581 |
75.05% |
5,287 |
(1,997) |
2,739,655 |
137.8% |
-37.8% |
7.8% |
109 |
| PORT OF VANCOUVER (WA) (USA) |
LTDOP |
$27,935 |
7,037 |
43.69% |
13,169 |
1,063 |
5,014,756 |
91.9% |
8.1% |
41.9% |
19 |
| PORT OF PASCAGOULA (MS) |
NONOP |
$19,885 |
2,288 |
97.56% |
1,553 |
(930) |
30,298,093 |
94.1% |
5.9% |
5.9% |
75 |
| PORT OF FREEPORT (TX) |
LTDOP |
$14,685 |
5,433 |
70.41% |
5,055 |
1,823 |
1,228,658 |
63.9% |
36.1% |
60.5% |
45 |
| PORT OF LONGVIEW (WA) |
OP |
$10,445 |
2,338 |
29.99% |
14,450 |
(12) |
2,037,564 |
100.1% |
-0.1% |
14.5% |
44 |
| PORT OF EVERETT (WA) |
OP |
$8,340 |
3,301 |
41.76% |
12,524 |
1,053 |
317,746 |
91.6% |
8.4% |
38.1% |
36 |
| PORT OF CORPUS CHRISTI AUTHORITY (TX) |
LTDOP |
$905 |
90 |
46.22% |
25,533 |
1,531 |
87,035,957 |
94.0% |
6.0% |
26.5% |
60 |
| ST. BERNARD PORT/HARB/ TERM. DIST. (LA) |
NONOP |
$545 |
727 |
100.00% |
2,340 |
(850) |
1,383,322 |
136.3% |
-36.3% |
1.0% |
10 |
| PORT OF COOS BAY (OR) |
LTDOP |
$175 |
0 |
93.6% |
713 |
(35) |
317,746 |
91.6% |
8.4% |
NA |
87 |
OPERATING STATUS OF VARIOUS PORTS
Ports can be categorized by their type of operation: non-operating, operating, and limited-operating ports.
Non-Operating Ports = NONOP
Basically landlord ports with all port facilities generally leased or preferentially assigned with the lessee or assignee responsible for operating the facilities.
Operating Ports = OP
Generally provide all port services except stevedoring with their own employees including, but not limited to, loading and unloading of rail cars and trucks and the operation of container terminals, grain elevators, and other bulk terminal operations.
Limited-Operating Ports = LTDOP
Lease facilities to others, but continue to operate one or more facilities with port employees. These operated facilities may be specialized terminals, such as grain elevators, bulk terminals, container terminals, etc.