Net operating income of $24.5m was a 55.4% increase over 2022 on revenues of $67.4m, a 27.5% increase over the prior year.
Port CEO/Director Rodger Rees had already announced the 1.49m passengers, based on a total of 2.98m embarkations and debarkations, a 42% increase from the year before.
Big parking revenue hike
In 2023 the port also posted a record 210,665 cruise-related cars parked, a 46.4% increase over the prior year.
The port paid $1,684,093 to the city of Galveston, consisting primarily of local sales taxes, cruise passenger charges and long-term parking fees.
Higher 2024 forecasts
Galveston's 2024 budget forecasts are even higher, with projected operating revenues of $72.5m, operating expenses of $35.5m and net income of $37m.
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