Port of Vancouver USA approves 2006 budget

Port of Vancouver USA approves 2006 budget    The Port of Vancouver USA's board of commissioners this week approved its 2006 budget, which includes $13 million in capital investments for marine and industrial expansion.
   The budget provides $67.2 million in total spending, including construction funds for marine terminal upgrades and industrial land and infrastructure improvements. The 2006 capital improvements build upon more than $80 million in facility renovations already completed over the past decade, port officials said in a statement.
   Projected revenue sources for 2006 include $20 million in held over cash from 2005, $20 million from operations, and $8.5 million from a tax levy, with about $16 million in designated reserves and funds.