October 22, 2024August 2, 2026

Levy History Chart: Maximum Allowable, Actual, and Inflation-Tied Levies 1990–2025 — Slide 9 (Port Of Seattle Draft Plan of Finance, Property Tax Levy 2025)

Tax Levy 2025

A line graph titled 'Levy History' showing three trends in millions of dollars from 1990 to 2025 (forecasted): the Maximum Allowable Levy (red), the Actual Levy (blue), and a Levy Tied to Inflation beginning 1990 (green dashed). The actual levy consistently falls below the maximum allowable, while tracking close to the inflation-tied projection in later years. Slide number 9 is visible in the lower right corner.

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A line graph titled ‘Levy History’ showing three trends in millions of dollars from 1990 to 2025 (forecasted): the Maximum Allowable Levy (red), the Actual Levy (blue), and a Levy Tied to Inflation beginning 1990 (green dashed). The actual levy consistently falls below the maximum allowable, while tracking close to the inflation-tied projection in later years. Slide number 9 is visible in the lower right corner.

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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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