Port Canaveral budget for 2024 doubles down on record 2023
Port Canaveral expects to build on what’s already been a record revenue year with its proposed budget for 2024 while also sinking nearly as much money as it will be taking in for capital projects.
The proposed budget for the 2024 fiscal year that begins Oct. 1, 2023, and runs through Sept. 30, 2024 forecasts operating revenue of nearly $190 million, which is likely to be close to the final numbers that come in at the close of fiscal 2023 at the end of this month.
Through August, or 11 months into 2023’s fiscal year, the port has seen $177.2 million in operating revenue after bringing in another $13.2 million last month. Cruise revenue including parking makes up the lion’s share of that having brought in $147.3 million though 840 cruise calls that have seen nearly 6.3 million multi-day passenger movements since October 2022.
“If you follow the numbers every month, it’s a new record right now,” said Port Canaveral CEO Capt. John Murray during the port commission meeting Wednesday. “So we’re going to have a very successful year.”