The Port of Seattle held a public hearing on November 12, 2019, to introduce its Preliminary 2020 Budget, covering operating costs, capital plans, and a proposed tax levy. The budget process involved multiple commission briefings and public open houses held at Pier 69 and Seattle-Tacoma International Airport between June and October 2019. Final adoption of the 2020 Budget was scheduled for November 19, 2019, with the statutory budget to be filed with King County by December 2, 2019.

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This presentation was delivered at the Port of Seattle Commission Meeting on November 12, 2019, introducing and holding a public hearing on the preliminary 2020 budget. The document outlines the budget process timeline, key business activity forecasts, operating budget, capital plan, sources and uses of funds, proposed tax levy, and the remaining budget adoption schedule.

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As the source for federal transportation grants, the Puget Sound Regional Council was charged with developing a system to meet the growing need for commercial aviation. When the search for a second airport failed, they authorized the Port of Seattle to build the Third Runway, with a mandate to develop a noise abatement and mitigation program. In their effort to stop the Third Runway, the ACC argued over every detail of the Port's efforts--including property buyouts and sound insulation. The dispute was meant to be settled by a three member Expert Arbitration Panel. This is their final report. It finds 2-1, that the Port's program was insufficient in several respects. Despite that, funding for the Third Runway was approved by the PSRC, and the 'Port Package' program, proceeded largely unchanged. Expert Arbitration Panel's final decision finding that the Port of Seattle had not shown sufficient reduction in real on-the-ground noise impacts to satisfy noise reduction conditions required for approval of a third runway at Sea-Tac International Airport. The majority decision concluded the Port's noise abatement programs were insufficient despite being impressive in scope.

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