TagAirport Development Fund(14)
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2025-11-18Port of Seattle Resolution No. 3840 – Property Tax Levy Authorization
Port of Seattle Commission resolution authorizing a property tax levy of $90,180,054 for calendar year 2026, representing a 2.0% increase from the previous year’s budgeted amount of $88,389,944. The resolution specifies the levy rate of approximately $0.0998 per thousand of assessed value. -
2025-11-18Port of Seattle Regular Commission Meeting November 18, 2025
This document is the agenda for the Port of Seattle Regular Commission Meeting held on November 18, 2025, covering routine administrative and operational matters such as claims approvals, lease amendments, and salary resolutions. The meeting was held both in person at Seattle-Tacoma International Airport and virtually via Microsoft Teams. No noise policy items are specifically addressed in this agenda; the document primarily concerns Port facility management, budget authorizations, and employee compensation. -
2025-10-28Port Of Seattle Commission Meeting, October 28, 2025
The Port of Seattle held a Regular Commission Meeting on October 28, 2025, covering routine business such as approval of meeting minutes, claims totaling over $156 million, and several construction and lease authorizations related to Seattle-Tacoma International Airport facilities. Agenda items included contracts for snow storage expansion, a building renovation at Sea-Tac, and a cruise terminal lease agreement. The commission also considered a resolution reaffirming the Port's Welcoming Port Policy in support of immigrants, refugees, and international visitors. -
2025-08-17Port of Seattle Commission meeting features Q2 financials
Despite small bumps in non-aero, performance remains strong August 12, 2025 Agenda and full Packet Director Metruck had several reasons to smile, not the least of which being the airport’s continued record-breaking weekly operations report. Beyond that this last Commission meeting had two items of interest for us. SIRRPP In his opening remarks Director Metruck mentioned -
2025-08-12Airport Development Fund Balance
★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. -
2025-08-12Sea-Tac Airport Development Fund Balance — Financial Presentation (Page 214)
A bar chart from a Sea-Tac Airport financial presentation (page 214 of 292) showing the Airport Development Fund Balance with a beginning balance of $739,774 thousand, an ending balance forecast of $830,000 thousand, and a budget of $829,833 thousand. The slide notes the ending balance forecast of $830M meets the target of 18 months of O&M in 2025. -
2025-08-12Sea-Tac Airport ADF Sources and Uses Summary — 2025 Forecast vs. Budget (Page 251)
This slide (page 251 of 292) presents the Airport Development Fund (ADF) Sources and Uses summary for Seattle-Tacoma International Airport, comparing 2025 forecast against 2025 budget. Key figures include a 1/1/2025 ADF balance of $739,774K (forecast) vs. $703,614K (budget), total sources of $957,838K, total uses of $(867,612)K, and a projected 12/31/2025 ADF balance of $830,000K, meeting the 18-month operating expense target. -
2025-01-01Port Of Seattle 2025 Aviation Budget Briefing Adf
A budget summary slide presenting Sea-Tac Airport's financial data from 2021 actuals through the 2025 proposed budget, showing Total Operating Revenues projected at $933,942K and Net Operating Income at $371,370K for 2025. Key indicators include ADF (Airport Development Fund) Cash Balance at 18 months of O&M and Capital Expenditures of $920,089K for 2025, representing a 28.2% increase from 2024. -
2024-06-25SR 509, I-5 to 24th Avenue S. (Stage 1b)
Aerial rendering showing the planned SR 509 Expressway extension (Stage 1b) connecting I-5 to 24th Avenue S. in the SeaTac/Kent area of Washington State. The image labels key project elements including the new SR 509 Expressway alignment, a toll point near S. 208th St, southbound and northbound SR 509 ramps, a southbound I-5 off-ramp, 24th Ave S. interchange ramps, a future light rail corridor, and the S. 216th St overpass. -
2024-06-25SR 509, I-5 to 24th Avenue S. (Stage 1b)
A planning rendering for SR 509, Stage 1b, showing proposed highway improvements between I-5 and 24th Avenue S. in the Kent/Des Moines area. Labeled features include new northbound and southbound I-5/SR 509 ramp connections, a new Veterans Drive I-5 undercrossing and SR 516 interchange improvements, wider sidewalks and shared use paths, and the future SoundTransit Kent/Des Moines Station along SR 99.