Template revised April 12, 2018.
COMMISSION
AGENDA MEMORANDUM Item No. 11b
BRIEFING ITEM Date of Meeting October 14, 2025
DATE: September 26, 2025
TO: Stephen P. Metruck, Executive Director
FROM: Stephanie Jones-Stebbins, Managing Director, Maritime Division
A Boungjaktha, Managing Director, Economic Development Division
Kelly Zupan, Director, Seaport Finance & Budget
SUBJECT: 2026 Maritime and EDD Operating and CIP Budgets Briefing
EXECUTIVE SUMMARY
The purpose of this briefing is to discuss with the Commission the 2026 preliminary operating
and CIP budgets for Maritime Division and Economic Development Division. 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 June. Staff plans to
discuss the three operating divisions’ budgets on October 14, 2025, and the 2026 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
September 23, 2025 – 2026 Central Services Preliminary Budget and Port-wide Rollup Briefing
July 8, 2025 – 2026 Budget Development
Briefing
June 17, 2025 – Commission Budget Retreat
