PORT OF SEATTLE
MEMORANDUM
COMMISSION AGENDA
Item No.
6a
Date of Meeting
November 23, 2009
DATE: November 12, 2009
TO: Tay Yoshitani, Chief Executive Officer
FROM: Dan Thomas, Chief Financial Officer
Elizabeth Morrison, Senior Manager Corporate Finance
Michael Tong, Corporate Budget Manager
SUBJECT: Resolution No. 3634, adopting the final budget of the Port of Seattle for
the Year 2010 and directing the King County Council as to the specific
sums to be levied on all of the assessed property of the Port of Seattle
District in the Year 2010. Request for the Second Reading and Final
Passage of Resolution No. 3634
BACKGROUND
On October 29, 2009, copies of the Port of Seattle Preliminary 2010 Budget were made available
to the Port Commission and general public. Notice of Public Hearing and availability of copies
of the Budget was published in the Daily Journal of Commerce for two consecutive weeks, as
required by statute. The resolution is to include public hearings on the 10
th
and 23
rd
of
November, 2009.
Staff recommends the following final budget process:
November 23, 2009 – Second Reading and Final Passage of Resolution No. 3634.
December 1, 2010 – Submittal of the Final 2010 Budget to the King County Council.
REQUESTED ACTION
Resolution No. 3634, adopting the final budget of the Port of Seattle for the Year 2010
and directing the King County Council as to the specific sums to be levied on all of the
assessed property of the Port of Seattle District in the Year 2010. Request for the Second
Reading and Final Passage of Resolution No. 3634.
