Template revised January 10, 2019.
COMMISSION
AGENDA MEMORANDUM
Item No. 11a
BRIEFING ITEM Date of Meeting March 11, 2025
DATE: February 26, 2025
TO: Stephen P. Metruck, Executive Director
FROM: Elizabeth Morrison, Director Corporate Finance
SUBJECT: Federal Grant Update
BACKGROUND
Recent actions by President Trump’s administration have raised questions about the status of
various federal grants. The Port benefits from the receipt of federal grant funds at both its airport
and seaport businesses and incorporates federal grant funding in its five-year Draft Plan of
Finance. This briefing will provide an update on grants that were incorporated in the Plan and
the potential risks to that funding.
ATTACHMENTS TO THIS BRIEFING
(1) Presentation slides
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS
October 22, 2024 – Tax Levy and 2025-2029 Draft Plan of Finance