Washington State Auditor

Brian Sonntag

July 21, 2009

Port of Seattle

Pier 69

P.O. Box 1209

Seattle, WA 98111-1209

Commissioner Hara:

In March of this year, Chuck Pfeil and I met with John Creighton, Joyce Kirangi, Rudy Caluza,

Thomas Barnard and you concerning the Port of Seattle’s Financial Statement Audit, Federal

Single Audit and the Passenger Facility Charges Audit for 2009 audit period. At that time, you

requested that the State Auditor’s Office provide the Port with an estimate of the cost for the

State Auditor’s Office to complete these audits.

We estimate our charges to the Port for these audits would be approximately $298,680. The

cost for the Financial Statement Audit would be approximately $168,990, the Federal Single

Audit cost would be $117,900, and the Passenger Facility Charges Audit cost would be

$11,790.

For the 2008 audit, the Port paid a private certified public accounting firm $608,000 for these

three audits.

If the Port would like to have us perform this work, we would require notification as soon as

possible to schedule the audit and put staff in place. Please contact me when the Port has

made its decision. My phone number is 206-615-0557.

Sincerely,

Carol Ehlinger

Audit Manager

Washington State Auditor

Central King County Team

Insurance Building, P.O. Box 40021  Olympia, Washington 98504-0021  (360) 902-0370  TDD Relay (800) 833-6388

FAX (360) 753-0646  http://www.sao.wa.gov