TagPort Of Seattle(2609)
-
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. -
2024-10-082025 Aviation Preliminary Budget Key Takeaways Slide
A budget presentation slide summarizing the 2025 Aviation Preliminary Budget, covering revenues (9.4% increase, passenger volume exceeding 2019 levels), expenses (15.2% increase in operating expenses, 64 new FTEs), financial forecast (debt service coverage at 1.82x, 18 months O&M cash on hand, CPE of $19.57), and budget uncertainties including PFAS impacts, environmental remediation liability costs, and cyber incident impacts. The slide number 053/51 suggests this is from a formal commission or port authority budget presentation. -
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. -
2024-10-08Port of Seattle Order No. 2024-12 – North SeaTac Park for Recreational Use
The Port of Seattle Commission issued Order No. 2024-12 in October 2024, directing its Executive Director to take the steps necessary under Section 706 of the 2024 FAA Reauthorization Act to permanently designate the 55-acre North SeaTac Park for recreational and public park use. The order requires the development of legally binding frameworks, a preferred protection methodology reported to the Commission by Q2 2025, and at least $150,000 in the 2025 budget for park improvements in partnership with the City of SeaTac. This action aims to ensure the park remains a permanent community and ecological asset, shielded from future aeronautical or commercial redevelopment. -
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. -
Port Of Seattle Logo
The official logo of the Port of Seattle, featuring the organization's name in teal/dark blue text alongside a stylized graphic of three curved swoosh shapes in light blue, green, and dark blue. The Port of Seattle oversees Seattle-Tacoma International Airport (Sea-Tac) and related maritime and aviation operations. -
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