PORT OF SEATTLE
MEMORANDUM
COMMISSION AGENDA – STAFF BRIEFING
Item No.
7a
Date of Meeting
October 4, 2011
DATE: September 16, 2011
TO: Tay Yoshitani, Chief Executive Officer
FROM: Dan Thomas, Chief Financial and Administrative Officer
Ralph Graves, Managing Director, Capital Development Division
Borgan Anderson, Senior Manager, Aviation Division
Boni Buringrud, Finance & Budget Manager, Seaport Division
Michael Tong, Corporate Budget Manager
SUBJECT: 2012 Preliminary Operating Budget Briefing
BACKGROUND:
The Port is preparing the 2012 budget. The budget process includes setting up and testing new
budget modules in the budget system, budget users training, department and division strategic and
business planning, publishing budget guidelines, establish budget targets, inputting budget data
into the system, running budget allocations and budget reports, department and division reviews,
Executive reviews, Commission reviews, public comments, Commission approval of the budget,
filing the statutory budget with King County Council and Assessor’s Office, and the preparation
and releasing of the final budget document.
On October 4, 2011 staff will brief the Commission on the Aviation, Seaport, Real Estate,
Capital Development, and Corporate Operating Budgets. The presentation outline is as follows:
1. Aviation Division Operating Budget
2. Seaport Division Operating Budget
3. Real Estate Division Operating Budget
4. Capital Development Division Operating Budget
5. Corporate Operating Budget and Portwide Total Budget
OTHER DOCUMENTS ASSOCIATED WITH THIS BRIEFING:
PowerPoint presentation.
