TagBudget(119)
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2025-11-11Port of Seattle Resolution No. 3839 – Adopting Final Budget for 2026
Port Commission resolution adopting the final 2026 budget and determining tax levies for the Port of Seattle District. The resolution outlines the Port’s commitments to economic opportunity, environmental stewardship, and community partnership while authorizing $90,180,054 in tax levies for bond payments and capital improvements. -
2025-11-11Introduction and Public Hearing of Resolution No. 3839, Adopting the Final Budget of the Port Of Seattle for the Year 2026
The Port of Seattle Commission held a public hearing on November 11, 2025, to introduce Resolution No. 3839, which proposes adopting the Port's official budget for the year 2026. The budget process, which began in May 2025, included multiple Commission briefings covering operating and capital expenditures across aviation, maritime, and central services divisions. Final adoption was scheduled for November 18, 2025, after which the statutory budget would be filed with the King County Council and Assessor's Office. -
2025-11-11Commission regular meeting agenda, November 11, 2025
This is the agenda for the Port of Seattle Commission Regular Meeting held on November 11, 2025, covering routine administrative and financial business including approval of the Port's 2026 budget, property tax levy, and marine stormwater utility rates. The meeting also addresses consent items such as environmental remediation funding, construction contracts, and interlocal agreements. Note that this agenda does not contain specific content related to Sea-Tac Airport noise policy. -
2025-10-28Airport Capital Spending (2025 $)
A line graph showing CPI-adjusted airport capital spending in millions of 2025 dollars from 1998 through 2030 (with years 2025–2030 as forecasts), alongside a flat orange reference line representing average real spending from 1998–2024 at approximately $470 million. Spending peaked around 2002–2005 near $800 million, dropped to a low near $125 million in 2012, recovered to approximately $750 million by 2018–2019, and is forecast to peak near $975 million around 2027 before declining. -
2025-10-14Aviation Division 2026 proposed operating & capital budgets
The Port of Seattle held a Special Commission Study Session on October 14, 2025, focused on the Seattle-Tacoma International Airport (SEA) Aviation Division's proposed operating and capital budgets for 2026. The meeting, open to the public at Port of Seattle Headquarters and available remotely, was attended by five commissioners and ran from 9:00 to 10:15 a.m. The session provided an overview of planned financial and infrastructure investments for the aviation division in the coming year. -
2025-10-14Sea-Tac 2026 Budget CPE Comparison Across Large-Hub Airports
Slide 54 (page 56 of 95) from a Seattle-Tacoma International Airport (SEA) presentation compares 2026 forecast Cost per Enplanement (CPE) across five large-hub airports: DEN ($17.05), LAX ($37.60), ORD ($29.08), SEA ($21.10), and SFO ($29.03). Sources are cited as 2026 Budget documents or Preliminary Official Statements on bond issuance. -
Sea-Tac Airport Budget Summary and Key Indicators, 2023–2026
A financial summary slide presenting Seattle-Tacoma International Airport's budget data from 2023 actuals through the 2026 proposed budget, showing operating revenues projected to reach $982,884 thousand and capital expenditures of $835,887 thousand in 2026. Key indicators include Cost Per Enplanement (CPE) rising to $21.10, enplaned passengers of 27,031 thousand, and a 16.5% increase in capital expenditures from the 2025 approved budget. -
2025-09-23Port Strategic Budgeting Slide – Century Agenda Financial Framework
A presentation slide titled 'Long-term Success Requires Strategic Budgeting' outlines the Port's financial strategy, including a feedback loop between the Century Agenda and budget development, noting that approximately $1 million in added expense equals $10 million less capital capacity. The slide emphasizes slowing operating expense growth and improving capital capacity to address environmental remediation, aging facilities, and slower revenue growth. Source document is page 41 of 95. -
2025-09-23Port Of Seattle regular commission meeting agenda, September 23, 2025
The Port of Seattle held a Regular Commission Meeting on September 23, 2025, covering routine business including approval of meeting minutes, claims totaling approximately $141 million, and personnel matters. A key action item was authorization for the Executive Director to renew a Bonneville Power Administration contract to supply electrical power to Seattle-Tacoma International Airport from 2028 through 2044, estimated at $150 million. The meeting also included a briefing on the 2026 preliminary budget rollup for Port-wide central services. -
2025-09-23Port Of Seattle Community Programs Funded by Tax Levy 2023–2026
A budget table from Port of Seattle document page 89 of 95 showing community programs funded by tax levy from 2023 through 2026, with a grand total rising from $12,193,000 in 2023 to $14,426,000 in 2026 (an 8.6% increase from 2025). Programs include South King and Port Communities Fund, Duwamish Valley Community Equity Program, EDD Partnership Grants, City of SeaTac Community Relief, Maritime Blue, Workforce Development, and others relevant to Sea-Tac Airport area communities.