Template revised April 12, 2018.
COMMISSION
AGENDA MEMORANDUM
Item No.
9a
BRIEFING ITEM
Date of Meeting
October 13, 2020
DATE: September 24, 2020
TO: Stephen P. Metruck, Executive Director
FROM: Dan Thomas, Chief Financial Officer
Stephanie Jones Stebbins, Managing Director, Maritime Division
Dave McFadden, Managing Director, Economic Development Division
SUBJECT: 2021 Maritime and EDD Operating & CIP Budgets and Portwide Rollup Briefing
EXECUTIVE SUMMARY
The purpose of this briefing is to discuss with the Commission the 2021 preliminary operating
and capital budgets for Maritime and Economic Development Divisions, as well as to provide a
Portwide budget rollup to the Commission. Staff would also like to seek the Commission’s
feedback on the preliminary budgets.
This is one of a series of budget briefings to the Commission starting from early June. Staff also
plans to discuss the Tax Levy and Draft Plan of Finance on October 27, 2020, prior to the formal
Commission reviews and approvals of the 2021 budget in November.
ATTACHMENTS TO THIS BRIEFING
(1) Presentation slides
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS
June 4, 2020 – 2021 Budget Discussion
July 14, 2020 – 2021 Budget Development Briefing
July 29, 2020 – Commission Budget Retreat: Industry Analysis and SWOT
August 6, 2020 – Commission Budget Retreat: CIP and Levy Discussion
September 22, 2020 – 2021 Central Services Preliminary Budget Briefing
October 13, 2021 – Aviation Division CIP and Operating Budgets Study Session
