The Comptroller of Public Accounts launched the Texas Comptroller Leadership Circle program in 2009 to encourage local governments to meet high standards for online financial transparency. The Port of Houston Authority applied for and received Gold level awards in 2012 and 2013, and Platinum level awards in 2014 and 2015.
In 2016, the Comptroller’s office announced a new Transparency Stars program, recognizing local governments for going above and beyond in their transparency efforts to provide clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data and other relevant information. More details on this program are available at www.texastransparency.org. Port Houston was awarded two Transparency Stars on December 14, 2016, in the areas of Traditional Finances and Debt Obligations.
As a navigation district under the Texas Constitution, the Port Authority is committed to transparency and accountability. It plays a vital role in facilitating navigation and commerce as the local sponsor of the Houston Ship Channel, a federal waterway, and as owner and operator of the public terminals at the greater Port of Houston. The Port Authority strives to assure that all funds generated from its operations and public support are used wisely for the best return on investment, and in support of its legislative mandate to create jobs and economic opportunity for the region, the State of Texas and the nation.
Port Houston was recognized as the top ranked special district in terms of online financial transparency in a report issued by the Texas Public Interest Research Group (TexPIRG) in April 2017. The report analyzed 79 special districts across the country, and noted that three of the top seven districts were from the Lone Star State. The report is available for download from the TexPIRG website.
Should you have any questions on any of the transparency documents posted on this website, you may submit them online, by clicking on the contacts link at the bottom of this page, or contact the Port Authority’s Treasury Department at 713-670-2405 or 713-670-2555. Please note that records older than the information shown below may be located in the Archive.
We invite you to click any of the following links for information on various areas covered by the Transparency Stars program:
The greater Port of Houston (“Total Port”) includes the eight public terminals owned and operated by the Port of Houston Authority (“Port Houston”), plus over 150 privately-owned facilities. Total Port economic value and jobs are taken from an economic impact study published September 2015 by Martin Associates. Port Houston total revenue and net income (also referred to as change in net position) are actual results from the 2017 Comprehensive Annual Financial Report, compared to prior year.
Revenues and expenditures include tax revenues and debt service payments. Per capita figures are based on Harris County population. Port Houston generates excess cash flow of over $120 million annually, which is reinvested in capital infrastructure projects.
Taxes are levied annually by the Harris County Commissioners Court on behalf of Port Houston, sufficient to cover approximately $53 million in annual principal and interest debt service payments due on the Port Authority’s outstanding ad valorem tax bonds.