TemplaterevisedApril12,2018.

 

COMMISSION

AGENDAMEMORANDUM ItemNo. 11a

BRIEFINGITEM DateofMeeting September24,2024

DATE: September5,2024

TO: StephenP.Metruck,ExecutiveDirector

FROM: DanThomas,ChiefFinancialOfficer

MichaelTong,Director,CorporateBudget

SUBJECT: 2025CentralServicesPreliminaryBudgetandPortwideRollupBriefing



EXECUTIVESUMMARY

ThepurposeofthisbriefingistodiscusswiththeCommissionthe 2025 preliminary operating

and capital budgets for Central Services and to provide a Portwide budget rollup to the

Commission. However, due to the cyber incident and the  current lack of access to the Port’s

financialsystem,staffareunabletoprovideaPortwiderollupforthisbriefing.Staffwillbriefthe

CommissiononthePortwidenumberslaterinthebudgetprocess.



Staff would also  like to seek the Commission’s feedback on the preliminary Central Services

operating and capital budgets. This is one of a series of budget briefings to the Commission

startingfromJuly.Staffalsoplanstodiscussthethreeoperatingdivisionoperatingandcapital

budgetsonOctober8,2024andtheTaxLevyandDraftPlanofFinanceonOctober22,2024prior

totheformalCommissionreviewsandapprovalsofthe2025budgetinNovember.



ATTACHMENTSTOTHISBRIEFING

(1) Presentationslides



PREVIOUSCOMMISSIONACTIONSORBRIEFINGS

July23,2024–2025BudgetDevelopment



Briefing

June26,2024–CommissionBudgetRetreat

