The Port of Hood River commission has adopted a nearly $48 million budget for fiscal year 2026-2027, a spending plan that sets aside funds for major bridge maintenance, waterfront upkeep and a roundabout project expected to open development on Lot 1.

The budget, which takes effect July 1 and runs through June 30, 2027, includes approximately $9.5 million in fund balance — reserves held over unless unexpected costs require their use — and about $2 million in contingency funds that can only be spent through additional commission action.

More than $2.3 million has been earmarked for improvements to the bridge. Port officials said planning is underway for significant painting and other repairs to be completed late summer/early fall. No toll increases are anticipated for the coming fiscal year.

The budget includes $1.55 million for design work on a planned roundabout at 2nd Street and Riverside Drive. Port officials are actively pursuing grants to help fund the project, which is considered necessary to facilitate future development on Lot 1 in the area.

The Port plans no major waterfront improvements in the coming year, but officials said efforts will be made to keep restrooms open earlier in spring and later into fall, with continued attention to landscaping. Marina Green Park will receive the same level of maintenance, with a facilities team assigned to grounds upkeep through the warmer months. The park’s picnic shelter has seen significant demand for private event rentals.

New waterfront parking lots were completed in October, and overall parking net income is expected to generate between $150,000 and $200,000 toward waterfront expenses in fiscal year 2026-2027. Net income from industrial property rentals will also continue to help fund parks and recreation.

Beginning July 1, the Port will establish a new reserve fund to accumulate resources for major maintenance on its commercial buildings, separating those funds from money available for expanding Port services.

Total resources for the fiscal year are projected at $48 million, including an estimated beginning fund balance of $19.5 million across all funds. Total requirements for the year are also $48 million, with an estimated ending fund balance of $15.6 million.