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Port <br />The net assets for the Port increased by $2 million for the fiscal year ended June 30, 2002. <br />Operating revenues decreased 6% from $4.5 million to $4.2 million while operating <br />expenses were unchanged at $2.5 million. <br />Brian Poniy <br />Director of Finance and Financial Planning <br />— J,,7 <br />Edward P. Everett <br />City Manager <br />Z4 <br />Attachments <br />Attachment 1 - Comprehensive Annual Financial Report for Year Ended June 30, 2002 <br />(The Comprehensive Annual Financial Report is available for reference in the City <br />Clerk's Office) <br />Attachment 2 - Memorandum on the Internal Control Structure <br />2 <br />