The District has statutory authority to levy ad valorem millage tax but has not done so since Fiscal Year 1975. For FY’11, the Commissioners of the Port of Palm Beach District have, for the thirty-sixth consecutive year, voted not to levy any millage to the property owners of the Port District. Operating under Florida Sunshine Laws, all monthly Board meetings are open to the public. The Port District is governed by a board of five commissioners elected at large by the voters within the District. Its administration is through an Executive Director and professional staff.
The Port of Palm Beach and its tenants combine to be one of the larger employers in Palm Beach County and is an economic engine for the County. Approximately 2,400 people are employed directly and indirectly because of the port, which contributes $260 million in business revenue and $12 million in State and Federal taxes. Over $7 billion worth of commodities moves through the port each year.
The Port of Palm Beach is the 4th busiest container port of Florida’s 14 deepwater ports and is the 18th busiest container port in the United States. In FY’ 2010 the port moved over 213,000 twenty ft. container equivalent units. The Bahamas Celebration cruise ship is based at the port. Sailing every other day for the Bahamas, it brings 275,000 passengers to the port and this is an additional significant economic impact for Palm Beach County. The port also handles diesel fuel, molasses, liquid asphalt and other bulk commodities. There is also substantial tonnage involved in the movement of heavy lift and project cargos. All of this happens in a port that has only 156 acres of land.
Unlike most ports in the United States, the Port of Palm Beach is an export port, with approximately 80% of its cargo being exported, with the subsequent improvement in the balance of trade. The majority of the exported cargo goes toward supporting the island nations of the Caribbean. The Port of Palm Beach supplies 60% of everything consumed in the Bahamas and is the essential lifeline to the rest of the Caribbean.
100% of the exported raw sugar that is produced in the Glades area, almost 900,000 tons, is shipped through the Port of Palm Beach.
| The Port of Palm Beach is the fourth busiest container port in Florida and the eighteenth busiest in the continental U.S. In addition to intermodal capacity, the Port is a major nodal point for the shipment of bulk sugar (domestic usages), molasses, cement, utility fuels, water, produce and breakbulk items.
The Florida East Coast Railway Company (FEC) services the docks and piers through the Port's industrial rail switching operations. We are the only port facility in South Florida operating a rail system with pier-side box, hopper and intermodal cars operating 24 hours a day. Located on Port property are six miles of trackage for intermodal transfers and handling. |
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All essential federal agencies with oversight for international trade and passenger flow are located in the Maritime Office Complex (MOC). A foreign Trade Zone (FTZ # 135) has been in operations since 1987. It encompasses several Port and private sector sites. There is one privately owned general purpose warehouse in Boca Raton, four privately owned warehouse sites in Martin County (near Stewart International Airport), the Port of Palm Beach Cold storage terminal. |
