TagTax Levy(40)
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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 — 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. -
2018-11-13Briefing on the tax levy and draft plan of finance for 2019-2023
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. -
2018-11-13Port 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 — 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. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — Tax Levy Non-Capital Uses (Page 24)
A Port of Seattle budget presentation slide detailing non-capital tax levy uses for 2019–2023, totaling $381.5 million. Line items include G.O. bond debt service (existing $200.5M and new $78.7M), Non-Airport Environmental Expense ($75.9M), Economic Development Programs ($14M), Highline Schools NOISE Projects ($2.1M), and City of SeaTac Security Enhancements ($7.0M), with a note that an additional $30M is expected for regional transportation projects from the Transportation & Infrastructure Fund. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 – Tax Levy Non-Capital Uses Comparison (Page 25, Nov 2018)
A Port of Seattle budget presentation slide recommending a 3% annual increase to the tax levy amount over 2019–2023, comparing a flat $72 million levy (total $547 million) against a 3% annual increase scenario (total $674 million). The additional $127 million capacity under the recommended option comes entirely from tax-backed General Obligation bonds, and the analysis notes alignment with King County consumer inflation. -
2018-11-13Port Of Seattle Draft Finance Plan 2019–2023 — Additional Information Section Divider (Slide 26), November 2018
This is slide 26 from a Port of Seattle presentation, serving as a section divider titled 'Additional Information.' The slide features the official Port of Seattle logo and the organization's branded color scheme of light blue, dark teal, and green.