TagBudget(76)

This June 2025 briefing presented to the Port of Seattle Commission reviews the outcomes of the 2025 Washington State Legislative Session, covering the state budget, major revenue legislation, and Port of Seattle policy priorities. It highlights legislative successes and ongoing work, as well as planning for the 2026 interim period. Note: this document focuses on statewide budget and Port priorities broadly and does not specifically address Sea-Tac Airport noise policy.

Washington State Senate Bill 5195 is a capital budget act for the 2025-2027 biennium, appropriating funds for various state construction and infrastructure projects. It includes allocations for projects such as stadium security and field improvements to support Seattle's hosting of the 2026 FIFA World Cup, early learning facility upgrades, and other general government building needs. The bill covers spending from the effective date of the act through June 30, 2027, drawing from several state funds.

Substitute Senate Bill 5195 is a Washington State capital budget bill that appropriates funding for various state capital projects for the period ending June 30, 2027. Originally sponsored by Senators Trudeau, Schoesler, Chapman, Dozier, and Nobles at the request of the Office of Financial Management, the bill amends numerous existing state laws and allocates funds across state agencies and programs. It establishes definitions, conditions, and limitations governing how appropriated funds may be spent, lapsed, or reappropriated.

The City of SeaTac, Washington's 2025-2026 Biennial Budget (Amended Version) outlines the city's planned revenues and expenditures across all municipal departments and funds for a two-year period. It covers a wide range of city services including police, fire, parks, public works, and community development, along with detailed capital improvement projects such as park renovations, street overlays, and facility upgrades. Note that despite SeaTac's proximity to Seattle-Tacoma International Airport, this document focuses on general city operations and does not directly address airport noise policy.

The Port of Seattle Commission approved its 2025 budget on November 19, 2024, featuring $1.1 billion in operating revenues and a five-year, $5.6 billion capital improvement plan focused on airport and maritime infrastructure. The budget prioritizes investments in SEA Airport facilities, workforce development, sustainability initiatives such as waterfront electrification and alternative fuels, and community equity programs including an expanded South King County Community Impact Fund. While the document centers on broad Port operations and capital planning, it reflects the Port's commitment to reducing environmental impacts on surrounding communities amid record passenger growth at Seattle-Tacoma International Airport.

On October 8, 2024, the Port of Seattle Commission held a special study session at Seattle-Tacoma International Airport to review the Aviation Division's preliminary 2025 operating and capital budgets, presented by Aviation Managing Director Lance Lyttle and Finance Director Hiedi Popochock. The briefing was part of a series of budget discussions that began in June 2024, with formal Commission approval of the 2025 budget planned for November. The session also included a review of the Maritime Division's operating and capital budgets.

The City of SeaTac presented a Civic Campus update to City Council on August 13, 2024, requesting a $754,000 amendment to the 2023-2024 biennial budget to fund consulting services for the SeaTac Civic Center Project. The request also sought authorization for the Interim City Manager to execute consultant contracts to advance the project through a validation and feasibility phase. The project has been in development since 2020, with key milestones including architectural contracts, study sessions, and an owner's representative agreement with JLL in early 2024.