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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Night Trader who wrote (42732)	11/14/2008 2:38:05 AM
From: TobagoJack	Respond to of 217826

dunno, but this just in in-tray You have to see it to believe it…the terminals are inactive quite a bit of the time and kick in to action parts of the day as vessels come in…they also punitively hit individual boxes with surcharges for security inspection which includes extra forklift and storage, etc…when some of this should come under homeland security streamlined procedures to smooth trade…it will be a mess if th US further implements some of their proposals … when all they really need to do is install gamma radiation and X-ray facilities rather than now asking customs teams to open high %ages of boxes not on fast track and a few %age of fast track boxes – and in future implement plans across the US to open just about all boxes … Seattle port raises 2009 property tax 11% The Port of Seattle board voted Tuesday to increase 2009 local property taxes collected to support the port by $8 million, an 11 percent increase over the 2008 collections. King County residents, which will pay $76 million to support the port this year, will now face a port levy of $0.219 per $1,000 of assessed property value. The $8 million increase was $1 million below the legal maximum port officials could raise the levy in a given year. The move comes as part of the port’s annual budget approval process. The 2009 budget projects the port’s 2009 net income will dip $1.3 million to $209.8 million, before depreciation and $58.7 million, after depreciation. The port also collects revenue from property leases, wharfage fees and docking charges. The majority of the levy funds collected typically go toward paying down port-incurred debt. A smaller percentage goes to port programs and about one-third of the levy funds are typically rolled over. Close to $23 million was rolled over from 2007 to 2008 and the port expects to roll over $37 million from this year to 2009. Additional details of the port’s 2009 budget reveal that the port expects to see a 23 percent net assets slide to $111.5 million from $145.1 million in 2008.