A Port of Seattle presentation slide titled 'Airport Capital Funding' details Sea-Tac Airport's 2019–2023 Capital Improvement Program (CIP) totaling $2,747.3 million, funded primarily through operating cash flow ($457M), future bond proceeds ($1,497.1M), and existing revenue bond proceeds ($529.6M). The slide notes that operating revenues and revenue-supported bonds cover 90% of airport capital costs, with grants, PFCs, and CFCs covering the remainder, and that a small tax levy supports Highline Schools noise insulation rather than direct airport use.Open full document
Notes
A Port of Seattle presentation slide titled ‘Airport Capital Funding’ details Sea-Tac Airport’s 2019–2023 Capital Improvement Program (CIP) totaling $2,747.3 million, funded primarily through operating cash flow ($457M), future bond proceeds ($1,497.1M), and existing revenue bond proceeds ($529.6M). The slide notes that operating revenues and revenue-supported bonds cover 90% of airport capital costs, with grants, PFCs, and CFCs covering the remainder, and that a small tax levy supports Highline Schools noise insulation rather than direct airport use.
