For Full Story: Port Tampa Bay
Article By: Samara Sodos, Director of Public Relations
TAMPA, Fla. (October 16, 2018)—Port Tampa Bay set a new operating revenue record at $59.7 million for the Fiscal Year 2018, which ended September 30th. This record eclipses the previous high in FY2017 of $53.8 million. The operating revenue figure includes only those dollars generated as a result of Port Tampa Bay operations. It does not include ad valorem tax revenue or grants.
Port Tampa Bay attributes FY18’s success to record cruise and container activity, new and expanded leases like the Port Logistics Cold Storage facility, and imports of increases in commodities such as petroleum, limestone, citrus, and sulfur.
“I’m so proud of our team at Port Tampa Bay”, said CEO/President Paul Anderson. “We continue to break record after record, and this one caps an exceptional year.”
The $59.7 million figure represents a $16 million increase over FY2012’s figure of $43.7 million. During Anderson’s tenure, beginning in 2013, Port Tampa Bay has seen a nearly 37% increase in overall operating revenue.
“I am thrilled that the Port is shattering revenue records,” said Steve Swindal, Chairman of the Port Tampa Bay Board of Commissioners. “It speaks volumes about Port Tampa Bay and its staff who continue to generate millions of dollars of economic impact for the Tampa Bay community.”