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VIRGINIA PORT AUTHORITY - Virginia Auditor of Public Accounts

VIRGINIA PORT AUTHORITY - Virginia Auditor of Public Accounts 2025

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The Comprehensive Annual Financial Report (CAFR) for the Virginia Port Authority for the fiscal year ended June 30, 2009, provides a detailed overview of the Authority's financial performance amidst a challenging economic environment. The report highlights a decrease in container volume by 12.4% due to the global economic downturn, yet emphasizes operational efficiencies and community engagement initiatives. Key financial metrics include total operating revenues of $53.2 million and net assets totaling $381.5 million. The report also outlines significant capital projects, debt management strategies, and compliance with governmental accounting standards.

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