Port comes up short--expenses 1/2 million over budget.(Port Report) From: Everett Business Journal | Date: May 1, 2004 | COPYRIGHT 2004 Wenatchee Business Journal, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Port of Everett Finance Director Karen Clements released the Port's year-end financial statement for 2003, which indicated the Port's net income was down nearly a half a million dollars from expected levels.

Last year business was down because of a decrease in real properties and lower timber sales, said Port Director John Mohr.

Net operating income--which is a measure of the cash coming in from Port activities at its log yards, chill facility and alumina dome...

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