The Port of Seattle Commission adopted Resolution No. 3763 on November 19, 2019, setting the Port's final operating budget for the year 2020. The resolution authorizes a property tax levy of $76,384,800 to be collected within the Port of Seattle District, directing King County to assess properties accordingly to fund bond repayments, capital improvements, and general Port operations. The budget reflects the Port's commitments to economic development, environmental sustainability, and support for the maritime, aviation, and cruise industries in the Seattle region.Open full document
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Resolution No. 3763 adopts the final 2020 budget of the Port of Seattle and directs the King County Council to levy $76,384,800 in property taxes to cover bond redemptions, capital improvements, and general Port purposes. The resolution summarizes the Port’s Century Agenda commitments including economic development, environmental stewardship, and maritime workforce investment. It was adopted at the Port Commission meeting on November 19, 2019.