2021 Budget Guiding Principles
Budget Principles for June 4 budget retreatdraft from Mike Merritt May 29, 2020 Maintain solvency Prioritize spending on investments with long-term, sustainable community and economic benefits Prioritize programs and projects that generate revenue Commitment to continuity of POS workforce; prioritize furloughs, leave without pay, pay and hiring freezes over layoffs. Maintain a long-term strategic view of capital improvements Focus investments in achieving excellence in aviation and maritime gateways Continue to assess short- and long-term effects of COVID-19 on Port industries and markets Continued commitment to equity and diversity Continued commitment to environment and sustainability, prioritizing spending on mitigating direct Port impacts for 2020-21
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