The Long Beach Board of Harbor Commissioners on Monday unanimously approved an $858 million budget that includes $579 million for building and modernization, including funds for the Gerald Desmond Bridge Replacement Project and Middle Harbor Terminal Redevelopment.
The budget will be presented to the Long Beach City Council for approval.
The port said the spending is aimed at boosting the port’s long term competitiveness by rebuilding and replacing outdated facilities and infrastructure.
The Harbor Department receives no taxpayer revenue to operate. Port operations are supported by income from terminal leases and fees charged to terminal companies and shipping lines for moving cargo through the port.
The budget includes funding for 28 new full-time positions, which include 20 in engineering to support ongoing capital improvements, and six to enhance port security.
In June, the port indicated that Desmond Bridge may take between 12 months and 18 months longer to complete
, and it would also be more expensive than originally expected.