LONG BEACH, CA-The Long Beach Board of HarborCommissioners recently approved a $942-million budget forfiscal year 2013. The 12% increase over the past year includes aninvestment in infrastructure modernization,according to the Port.
Port executive director J. Christopher Lytlesays in a prepared statement that while the overall Port budget hasincreased because of infrastructure investments; it also “reflectsa prudent, fiscally responsible approach.” He adds that “it isimperative that the Port operate cost efficiently while investingheavily in the future.”
“We are consciously changing our mindset to one of frugality,”Lytle says. “We are trying to be smarter about all differentaspects of what we do in our spending and our budget.”
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