TagPort Of Seattle(1845)
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2024-10-082025 Aviation Division operating and CIP budgets briefing
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. -
2024-10-08Sea-Tac Airport Aviation and Marina Budget Cash Flow Forecast 2025–2029
A financial forecast table for Seattle-Tacoma International Airport covering budget year 2025 and forecast years 2026–2029, showing aeronautical and non-aeronautical revenues, operating expenses, debt service, and net cash flow figures in thousands of dollars. Key notes indicate the aeronautical revenue methodology is based on the Signatory Lease Operating Agreement (SLOA) IV expiring 12/31/2024, and average annual net debt service is projected to grow by 20% due to capital expenditure growth. -
2024-10-08Sea-Tac Airport Strong Operating Revenue Recovery — 2025 Budget Presentation (Page 18)
A budget presentation slide titled 'Strong Operating Revenue Recovery' showing Seattle-Tacoma International Airport operating revenues from 2019 actuals through the 2025 budget, broken down into Aero and Non-Aero components. The 2025 budget projects total revenues of $934 million, described as 9.4% above the 2024 budget and 36% above 2019 actuals. -
2024-10-08Sea-Tac Airport Aviation & Marina Budget Presentation — Financial Forecast 2025–2029 (Page 51)
A financial forecast slide for Seattle-Tacoma International Airport covering budget year 2025 and forecast years 2026–2029, showing aeronautical and non-aeronautical revenues, operating expenses, debt service, and net cash flow in thousands of dollars. Notes indicate the aeronautical revenue methodology is based on the Signatory Lease Operating Agreement (SLOA) IV expiring 12/31/2024, and average annual net debt service is projected to grow by 20% due to capital expenditure growth. -
2024-10-08Sea-Tac Airport Financial Forecast Table: Budget 2025 Through 2029 — Debt Service Coverage, Cost Per Enplanement, and Passenger Projections (Page 52)
A financial forecast table from Seattle-Tacoma International Airport covering Budget 2025 through Forecast 2029, displaying key measures including Debt Service Coverage (declining from 1.82 to 1.49), Cost Per Enplanement (rising from $19.57 to $30.55), O&M per Enplaned Passenger, Debt per Originating Passenger, PFC and CFC fund balances, and enplaned passenger projections reaching approximately 27.9 million by 2029 with an enplanement growth rate of 0.8%. -
2024-10-08Aviation Division 2025 Preliminary Operating & Capital Budget Commission Briefing
Commission briefing presentation for Seattle-Tacoma International Airport’s Aviation Division 2025 preliminary operating and capital budget. The presentation covers strategic priorities, budget overview, policy considerations, equity highlights, and financial forecasts for 2025-2029. -
2024-10-04
Port of Seattle Commission Agenda & Other Notables (October 4, 2024)
October 4, 2024 PORT COMMISSION AGENDA & OTHER NOTABLES Welcome to this 112th edition of Port Commission Agenda & Other Notables. We’ll be updating you on upcoming Port Commission agenda items that may of interest to Airport cities, as well as other timely, notable Port activities and opportunities. We initiated this as part of our -
2024-09-262nd reading: Public hearing for Des Moines Creek Business Park West: Declaring Tract C surplus, approving Purchase and Sale Agreement and approving Trail Easement
The Des Moines, WA City Council considered the sale of a small city-owned parcel called Tract C (approximately 19,881 square feet) to the Port of Seattle for $690,000 to support the Des Moines Creek Business Park West development, which is expected to create 600+ jobs near Seattle-Tacoma International Airport. The Port plans to use the land as a private truck access route for commercial cargo vehicles serving the new business park. The council also considered accepting a trail easement requiring the Port to construct a pedestrian and bike pathway connecting the Barnes Creek Trail to the Des Moines Creek Trail as part of the regional Lake to Sound Trail System. -
2024-09-26
2nd reading: Public hearing for Des Moines Creek Business Park West: Declaring Tract C surplus, approving Purchase and Sale Agreement and approving Trail Easement
The Des Moines, WA City Council considered the sale of a small city-owned parcel called Tract C (approximately 19,881 square feet) to the Port of Seattle for $690,000 to support the Des Moines Creek Business Park West development, which is expected to create 600+ jobs near Seattle-Tacoma International Airport. The Port plans to use the land as a private truck access route for commercial cargo vehicles serving the new business park. The council also considered accepting a trail easement requiring the Port to construct a pedestrian and bike pathway connecting the Barnes Creek Trail to the Des Moines Creek Trail as part of the regional Lake to Sound Trail System. -
2024-09-13
Port of Seattle Cyberattack Update
The Port of Seattle/Seattle-Tacoma International Airport (SEA) website is currently down as part of the system outages that began Saturday, August 24. Until the website is fully restored, please check this page for official statements and updates. Please do not contact the Washington Public Ports Association (WPPA) with Port of Seattle and SEA Airport questions