The Los Angeles Harbor Commission has adopted a 2013-2014 fiscal year budget of approximately $1.1 billion for the Port of Los Angeles, including $399.7 million for capital improvements. The budget supports more than 8,500 jobs, 6,870 of which are attributable to construction project spending in the coming fiscal year, which begins July 1.

The capital spending budget earmarks more than $380 million for container terminal and transportation upgrades, including:

• More than $99 million at the TraPac container terminal for backland improvements to support future terminal automation, as well as construction of a facility to provide on-dock rail capabilities.
• $41.5 million in construction at China Shipping Terminal, which includes completion of 375 linear feet of expanded wharf and backland improvements.
• Almost $96 million for the installation of Alternative Maritime Power™ stations at major container terminals, including APMT, APL, Evergreen, Yang Ming and China Shipping. 
• $8.2 million for the audit, design, and construction of upgrades at liquid bulk oil cargo handling facilities throughout the port, pursuant to requirements of the State Lands Marine Oil Terminal Engineering Maintenance Standards. 
• More than $15 million for other terminal projects, including wharf and backland development at APL, equipment and wharf upgrades at Evergreen, and pavement replacement at APMT. 
• Almost $78 million related to construction at the Berth 200 rail yard.
• $33.2 million for the South Wilmington Grade Separation project, which will provide unimpeded grade-separated vehicle access to businesses throughout the Wilmington Waterfront while allowing public safety vehicles unobstructed access to the area.
• $8.8 million for additional transportation projects, including Harry Bridges Boulevard Improvements, the Advanced Transportation Management Information System, and the C Street/I-110 Access Ramp Improvements. 

More than $31 million also has been allocated to Los Angeles waterfront projects, including $20 million to construct a new waterfront promenade, plaza and town square as part of the new Downtown Harbor project that is slated for completion next summer. Also included in the budget is $8.7 million for a fiber optics project that will enhance the interconnectivity of vital security information throughout the port complex.

The newly adopted budget’s operating revenues of $413 million are up 3.1 percent from the previous year, while operating expenses are down 1.9 percent to $209.1 million, with no significant increases in the port employee headcount.