September 16, 2003
Port Commission

You would think that The Port of Seattle, which operates a major international shipping port along with Sea-Tac airport, should be a self-sustaining operation as are most major port authorities. But it's not. It is subsidized by property taxes:

One of the biggest issues of the past year was the commissioners' decision to raise property taxes 37 percent. Nordquist voted in favor of the tax, but Edwards didn't. Nordquist defended the commission's 4-1 vote, saying the Port needed more tax revenue to keep down the cost of borrowing money for investments in the airport and seaport.

There are two incumbents up for re-election this year.

Vote to keep Bob Edwards, who opposed the tax increase.
Vote for Alec Fisken to replace Clare Nordquist, who supported the tax increase.

Posted by Stefan Sharkansky at September 16, 2003 06:59 AM
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