COMMISSION
AGENDA MEMORANDUM
BRIEFING ITEM

Item No.
Date of Meeting

DATE:

September 5, 2025

TO:

Stephen P. Metruck, Executive Director

FROM:

Elizabeth Morrison, Interim Chief Financial Officer
Michael Tong, Director, Corporate Budget

11a
September 23, 2025

SUBJECT: 2026 Central Services Preliminary Budget and Portwide Rollup Briefing
EXECUTIVE SUMMARY
The purpose of this briefing is to discuss with the Commission the 2026 preliminary operating
and capital budgets for Central Services and to provide a Portwide budget rollup to the
Commission.
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 14, 2025 and the Tax Levy and Draft Plan of Finance on October 28, 2025
prior to the formal Commission reviews and approvals of the 2026 budget in November.
ATTACHMENTS TO THIS BRIEFING
(1)

Presentation slides

PREVIOUS COMMISSION ACTIONS OR BRIEFINGS
July 8, 2025 - 2026 Budget Development Briefing
June 17, 2025 - Commission Budget Retreat

Template revised April 12, 2018.