TagPort Of Seattle(2349)
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2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — Tax Levy History Since 2008 (Page 19, Nov 2018)
A presentation slide showing the Port's tax levy history from 2008 to 2018, noting the 2018 tax levy is $72 million but worth only $59 million in real dollar value due to inflation. The chart compares the maximum levy (rising to ~$102M), actual levy (~$72M), and inflation-adjusted value (~$59M), with bullet points noting purchasing power has been reduced by $100 million since 2008 and local inflation averaged 2% over 10 years. -
2018-11-13Port Of Seattle airport neighbor community accords [proposed]
The Port of Seattle Airport Neighbor Community Accords (proposed November 2018) is a citizen-drafted proposal calling on the Port of Seattle to prioritize the health and well-being of communities surrounding Sea-Tac International Airport. It argues that these neighborhoods bear an unfair burden from aircraft noise and environmental impacts without adequate compensation, and that the Port's 2018 bylaw changes weakened its commitments to quality of life, environmental stewardship, and community collaboration. The document outlines six specific accords, including demands for independent audits of mitigation spending, a nighttime curfew, prioritization of tax levy funds for community mitigation, and reduced use of the 3rd runway until mitigation goals are met. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — King County Homeowners Property Tax Impact (Page 20, November 2018)
A Port of Seattle presentation slide explaining that King County homeowners pay property taxes based on assessed value, with the 2018 rate at 13.5 cents per $1,000, resulting in an estimated $69 Port tax for the median homeowner (median residence assessment: $509,000). A dual-axis line chart shows assessed value vs. the Port's millage rate from 2008 to 2018, with assessed value rising and millage rate declining over the period. -
2018-11-13Port Of Seattle 2019 budget: First reading & public hearing
The Port of Seattle held its 2019 Budget First Reading and Public Hearing on November 13, 2018, presenting the Commission with a comprehensive budget overview covering operating budgets, a 2019–2023 capital plan, staffing, a five-year financial forecast, and a proposed tax levy. The budget process involved extensive Commission engagement throughout 2018, with briefings on Aviation, Maritime, and Economic Development divisions beginning in May and concluding with a final budget release scheduled for December 14, 2018. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — Overall Taxpayer Impact 2018 (Page 21)
This slide, labeled page 21, presents 2018 King County property tax data showing the median homeowner paid $5,925 in total property taxes, with $69 going to the Port of Seattle (1.3%). Of the $5.6 billion in total King County property taxes, just over 1% went to the Port; the largest shares went to Local Schools (29.2%) and State Schools (27.5%). -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — Revenue Bond Debt Service Coverage Forecast (Page 14)
A Port of Seattle presentation slide showing the Port-wide Revenue Bond Debt Service Coverage forecast from 2019 to 2023, with coverage ratios declining from 1.67x in 2019 to a projected 1.43x in 2023. The slide notes that coverage is primarily driven by Airport debt service coverage targeted at 1.25X and serves as a measure of financial sustainability for investors and rating agencies. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — 2019 Finance Initiatives (Slide 15, November 2018)
Slide 15 from a presentation outlining 2019 finance initiatives, including issuing revenue bonds to fund a portion of the Airport Capital Improvement Program (CIP), monitoring existing debt for refinancing opportunities, and developing Public Private Partnership (P3) strategies for appropriate projects. Context indicates this is related to Sea-Tac Airport financial planning. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — 2018 Tax Levy Update (Page 23)
This presentation slide titled '2018 Tax Levy Update' details sources and uses of tax levy funds for 2018, showing total sources of $160.7 million and total uses of $114.4 million, with a projected ending levy fund balance of $46.3 million. Key notes include a $66 million Harbor Development Fund for T-5 redevelopment and a $30 million Transportation Infrastructure Fund contribution toward the SR 509 Gateway MOU. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — King County Homeowners Property Tax Impact (Page 20, November 2018)
A Port of Seattle presentation slide explaining that King County homeowners pay property taxes based on assessed value, with the 2018 rate at 13.5 cents per $1,000 (estimated $69 for the median homeowner with a $509,000 assessed value). A dual-axis line chart shows assessed value (red) and the Port's millage rate (blue) from 2008 to 2018, illustrating an inverse relationship as assessed values rose and the millage rate declined. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — Tax Levy Background Section (Slide 16, November 2018)
Slide 16 from a Port of Seattle presentation titled 'Tax Levy Background and 2018 Update,' featuring the Port of Seattle logo. The slide appears to be a section divider introducing content related to the port's tax levy history and 2018 status, relevant to noise-policy funding context at Sea-Tac Airport.