2018-11-13
Dear Commissioner, Regarding Slide 29 of today’s Tax Levy Presentation. (Where Commissioner Bowman opined that she wished the Port would do a better job explaining the benefits of the Tax Levy to the community.) Forgive me for saying so but you can’t really blame the public for having a tough time appreciating the benefits of
2018-11-13
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.
2018-11-13
The Port of Seattle Commission held a public hearing on November 13, 2018, to introduce Resolution No. 3751, which proposed adopting the Port's final budget for 2019. The budget process began in April 2018 and included multiple Commission briefings covering aviation, maritime, and economic development plans before the preliminary budget was made available to the public on October 25, 2018. The final budget was set to be submitted to the King County Council and Assessor's Office by December 3, 2018, following a second reading and final passage on November 27, 2018.
2018-11-13
In November 2018, the Port of Seattle Commission received a briefing on the proposed tax levy and five-year Capital Improvement Plan (CIP) financing for 2019–2023. Staff recommended increasing the property tax levy from $72 million to $74.16 million (a 3% rise) to cover funding gaps in Maritime, Economic Development, and Northwest Seaport Alliance projects, even after deferring certain capital projects. The Airport division was noted as a self-funding enterprise with its own separate financing plan.
2018-11-13
This November 2018 Port of Seattle briefing document outlines the Draft Plan of Finance for 2019–2023, covering capital planning and funding strategies for both airport and non-airport operations. It also provides background on the tax levy and a 2018 update, serving as a financial roadmap for the Port's major investment priorities over the five-year period.
2010-03-09
These are the approved minutes from the Port of Seattle Commission's regular meeting held on March 9, 2010, covering routine administrative and operational matters such as staff recognitions, security service contracts, and facility maintenance approvals. The meeting included the introduction of new Fire Chief Randy Krause, recognition of the 2009 Firefighter of the Year, and authorization of various contracts including printer procurement for Seattle-Tacoma International Airport passenger processing. Note that this document does not contain Sea-Tac Airport noise policy content, as it focuses primarily on general port operations and infrastructure decisions.
2007-11-03
The Port of Seattle will tap existing property taxes or other sources of revenue to come up with $103 million to buy an Eastside rail corridor that then will be leased in part to King County for a hiking and biking trail, a port official said Friday. Details of the financing have yet to be