Low revenue prompts Port of Coos Bay layoffs

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Thursday, April 04, 2013

Dissapointing marina revenue led to recent layoffs at the Oregon International Port of Coos Bay.

The changes reduce the port’s full-time employees from 25 to 22.

The port’s annual budget is about $2.9 million. One-third of that comes from property taxes, and two-thirds comes from revenues.

Read more at The World.

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