A Microsoft Teams screen share from the Port of Seattle Commission Regular Meeting (P69) shows a slide titled 'Airport Development Fund Balance,' displaying a bar chart with a beginning balance of $739,774 thousand, an ending balance forecast of $830,000 thousand, and a budget of $829,833 thousand, with a bullet noting the $830M ending balance equals 18 months of O&M in 2025. The presenter identified in the lower caption bar is Payne, Aubree, and the meeting timestamp reads 3:00:05 with a system clock of 1:14 PM on 8/12/2025.

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A chart showing the Airport Development Fund balance with beginning balance of $739,774, forecast ending balance of $830,000, and budget of $829,833. The ending balance forecast of $830M represents the target of 18 months of operations and maintenance for 2025.

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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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