TagBudget(117)

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 and five-year Capital Improvement Plan on November 19, 2024, outlining $1.1 billion in operating revenues and $678 million in operating expenses, alongside a $5.6 billion capital investment plan through 2029. The plan prioritizes infrastructure upgrades at Seattle-Tacoma International Airport (SEA), maritime facilities, and sustainability initiatives including waterfront electrification and alternative fuels. Additional commitments include community equity programs, workforce development, and efforts to reduce environmental impacts on surrounding communities.

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.