Port Board Withholds Budget, Tax Rate, CEO Goal Documents | The Locally Times

After discussing its annual budget and CEO goals on Dec. 10, 2026, the Port of Cleveland board released no documents detailing proposed spending or performance metrics.

The Port of Cleveland’s Board of Directors spent the second half of 2026 conducting oversight of the agency’s core financial and leadership functions, including budgets, tax rates, and executive performance goals. While meeting records confirm these topics were on the agenda, the corresponding financial reports, budget proposals, and performance metrics were not included in public postings, leaving the details of the Port’s financial decisions shielded from public view. A review of Port records from the past six months reveals this is part of a consistent pattern. Despite the significance of these topics, which determine the Port’s spending priorities and the evaluation metrics for its top executive, no documents containing proposed budget figures, specific appropriations, or the content of the CEO’s goals were attached to the public meeting notices. The records confirm the subjects of discussion but provide no data for public review. The lack of documentation makes it impossible for the public to determine the size of the Port’s budget, how funds are allocated between operating and capital needs, or how the CEO’s success is measured. ## Tax, Audit Reviews Proceed Without Public Reports The pattern of discussing major financial matters without releasing underlying data extends to tax and audit functions. The outcome of that discussion, including any adjustments to tax rates or the approval of financial advances, is not detailed in the public record. An annual audit is a critical tool for assessing an agency’s financial health and internal controls. However, the audit report itself was not published with the meeting notice, and its findings, conclusions, or any required corrective actions are not specified in the available records. ## A System of Oversight Without Public Disclosure Over the last six months of 2026, the Port of Cleveland’s board and its committees have convened multiple times to manage the agency’s finances and governance. The Budget & Administration Committee met on August 3 and December 7, and the Governance Committee met on November 2, supplementing the full board’s work on the tax budget, annual audit, tax rates, and operating budget. In each case, the Port’s public records serve as a calendar of events rather than a repository of substantive information. The agendas name the topics of discussion but consistently omit the underlying documents detailing budget figures, tax schedules, audit findings, or CEO performance metrics. This practice prevents public oversight of the board’s decisions and their impact on the regional economy and local taxpayers. The records confirm oversight is happening, but its results remain undisclosed.