MINUTES FROM THE 2026 BUDGET HEARING MEETING OF THE PORT OF HOODSPORT COMMISSION
November 12, 2025 Call to Order:9:02am Adjourned: 9:10 am
Roll Call: Commissioner Kincannon– Commission Chair Commissioner Morris- 2nd Commission Chair, Trustee
Staff Present: K Wyatt, Executive Director S Lindgren, Facility Maintenance Supervisor
Public: Jen Bly – Canalside Gifts
A Public Hearing was held to consider testimony before adopting the FINAL 2026 Budget for the Port of Hoodsport.
The Public was invited to speak; there was no comment.
The Director summarized the2026 Preliminary Budget for the Port of Hoodsport
The 2026 Preliminary Budget represents a balanced financial plan, maintaining fiscal responsibility while supporting the Port’s ongoing operations and community services.
The budget begins with a 2025 ending balance / 2026 beginning balance of $30,173.00.
For the fiscal year 2026, the projected revenues total $210,665.00, matching the projected expenditures of $210,665.00. This results in a projected year-end balance of $30,173.00, consistent with the prior year.
The proposed budget is modest and fiscally conservative, reflecting the Port’s commitment to prudent financial management in a period of increasing operational costs.
The estimated property tax levy for 2026 is $108,000.00.
Additional projected revenues from moorage fees, timber tax, investment interest, facility use, event deposits, and donations total $102,665.00. These estimates are based on 2025 actual revenues and include $39,400.00 in capital funding awarded in 2024.
The Port benefited from successful advocacy efforts in 2024 and 2025, during which hired lobbyists who secured $39,400.00 in 2024 and $70,000.00 in 2025 in reimbursable capital funding to support Port projects.
However, operational expenses continue to rise sharply and unpredictably across all categories. Key cost drivers include:
Increased accounting and administrative service costs:
>Significant growth in liability insurance premiums
>Mandatory state audits (annual and biennial)
>Ongoing maintenance, repairs, and supplies for public facilities
The Port of Hoodsport owns and maintains vital community assets, including the public dock, waterfront park, and 14 public parking spaces in downtown Hoodsport. The Port also funds and manages portable restroom rentals to accommodate public visitors.
Additionally, the Port stewards and maintains the 80-acre Hoodsport Trail Park, consisting of 60 acres of hiking trails and an 18-hole disc golf course spanning 20 acres—important recreational amenities for residents and visitors alike.
Through careful financial oversight and responsible budgeting, the Port of Hoodsport remains committed to maintaining fiscal stability while continuing to preserve and enhance its public facilities for the benefit of the community.
There were no public comments, the public comment portion of the hearing was closed.
Commissioner’s Kincannon and Morris thanked the Port Director for her work on the Ports 2026 budget. Commissioner Kincannon said this looks as good as it possibly can, we appreciate your hard work and creativity to bring us a workable budget carrying forward the capital funding not yet received to keep it fully transparent.
Commissioner Kincannon made a motion to accept the 2026 budget as prepared and to adopt the 2026 Budget Resolution 2025-02 reflecting a 2025 ending balance / 2026 beginning balance of $30,173.00. with projected revenues total $210,665.00, matching the projected expenditures of $210,665.00. This results in a projected year-end balance of $30,173.00; the motion was seconded by Commissioner Morris, all in favor, unanimously approved.
The 2026 Budget hearing was adjourned at 9:10am
Commissioner Kincannon Commissioner Morris