PORT OF SEATTLE
MEMORANDUM
COMMISSION AGENDA – STAFF
BRIEFING
Item No.
7a
Date of Meeting
October 25, 2011
DATE: October 07, 2011
TO: Tay Yoshitani, Chief Executive Officer
FROM: Elizabeth Morrison, Sr. Manager, Corporate Finance
SUBJECT: Briefing on the Tax Levy and Draft Plan of Finance 2012-2016
SUMMARY:
As part of the budget process, staff provides information on the tax levy and seeks Commission
guidance as to the uses and amount of the levy for the 2012 budget. Staff also provides a
forecast of capital funding. On September 27 and October 4, staff presented the Port’s five-year
Capital Improvement Program (CIP). As part of the annual budget process, staff provides a
funding plan for the Port’s CIP. This funding plan – The Draft Plan of Finance – is updated each
year for the subsequent five-year CIP and provides information on the funding sources available
to support the CIP.
ATTACHMENTS:
Preliminary Tax Levy Discussion for 2012 Powerpoint presentation
Draft Plan of Finance 2012-2016 Powerpoint presentation
