The City Council will hold its first reading of the port proposal on Monday and finalize the budget by June 13.
At a work session Thursday night, City Finance Director Julie Liew said port revenue is expected to increase by more than 12 percent next year.
Nome Port Commission met for their second work session of the month Thursday to discuss changes to this year’s tariff.
The resignation of Rolland Trowbridge was announced at the Port Commission’s latest work session.
The Port Commission will meet for the second work session this month to discuss rates, rules, and regulation changes for 2016.
The U.S. Army Corps of Engineers cites changing economics of oil and gas development, specifically Shell Oil ceasing its Arctic oil search, for the year-long pause.
A recent stopover by the U.S. Coast Guard cutter Munro raised questions about the Nome’s inability to host patrol vessels that help ensure the nation’s security in the Arctic.
Nome’s ability to attract investors and secure its role in offshore Arctic activities continues to be the main focus of the city’s Port Commission.
Nome’s role in the future of Arctic shipping was the main topic of discussion at the most recent Nome Port Commission meeting.
With the fiscal year drawing to a close, the Nome Port Commission is considering potential rate hikes and revisions to the Port Tariff in 2015.