COMMISSION
AGENDA MEMORANDUM Item No. ___8b__________
ACTION ITEM Date of MeeƟng February 24, 2026
DATE: February 11, 2026
TO: Steve Metruck, Execuve Director
FROM: Eloise Olivar, Assistant Director Disbursements
SUBJECT: Claim and ObligaƟons – January 2026
ACTION REQUESTED
Request Port Commission approval of the Port Auditor's payment of the salaries and claims of the Port pursuant
to RCW 42.24.180 for payments issued during the period January 01 through 31, 2026 as follows:
Payment Type Payment Reference
Start Number
Payment Reference
End Number
Amount
Accounts Payable Checks 961798 962296 $15,411,446.02
Accounts Payable ACH 080983 081823 $104,829,918.87
Accounts Payable Wire Transfers 069607 069619 $12,052,686.73
Payroll Checks 229995 230139 $1,164,214.40
Payroll ACH 1292804 1300385 $28,641,533.40
Total Payments
$162,099,799.42
Pursuant to RCW 42.24.180, "the Port's legislave body" (the Commission) is required to approve in a public
meeng, all payments of claims within one month of issuance.
OVERSIGHT
All these payments have been previously authorized either through direct Commission acon or delegaon of
authority to the Execuve Director and through his or her staff. Detailed informaon on Port expenditures is
provided to the Commission through comprehensive budget presentaons as well as the publicly released Budget
Document, which provides an even greater level of detail. The Port's operang and capital budget is approved by
resoluon in December for the coming fiscal year, and the Commission also approves the Salary and Benefit
Resoluon around the same me to authorize pay and benefit programs. Notwithstanding the Port's budget
approval, individual capital projects and contracts exceeding certain dollar thresholds are also subsequently
brought before the Commission for specific authorizaon prior to commencement of the project or contract - if
they are below the thresholds the Execuve Director is delegated authority to approve them. Expenditures are
monitored against budgets monthly by management and reported comprehensively to the Commission quarterly.
COMMISSION AGENDA – AcƟon Item No. 8b Page 2 of 3
Meeng Date: February 24, 2026
Effecve internal controls over all Port procurement, contracng and disbursements are also in place to ensure
proper central oversight, delegaon of authority, separaon of dues, payment approval and documentaon, and
signed perjury statement cerficaons for all payments. Port disbursements are also regularly monitored against
spending authorizaons. All payment transacons and internal controls are subject to periodic Port internal audits
and annual external audits conducted by both the State Auditor's Office and the Port's independent auditors.
For the month of January 2026, over $132,294,051.62 in payments were made to nearly 788 vendors, comprised
of 2,870 invoices and over 11,459 accounng expense transacons. About 95 percent of the accounts payable
payments made in the month fall into the Construcon, Employee Benefits, Contracted Services, Payroll Taxes,
Soware, Janitorial Services, Ulity Expenses, Sales Taxes, Legal and Room-Space-Land Rental. Net payroll expense
for the month of January was $29,805,747.80.
Top 10 Payment Category Summary:
Category Payment Amount
Construcon 81,299,100.82
Employee Benefits 10,907,405.62
Contracted Services 9,705,976.19
Payroll Taxes 8,652,844.60
Soware 4,556,138.20
Janitorial Services 2,609,134.86
Ulity Expenses 2,327,819.79
Sales Taxes 1,963,199.67
Legal 1,601,775.75
Room/Space/Land Rental 1,570,293.64
Other Categories Total: 7,100,362.48
Net Payroll 29,805,747.80
Total Payments $162,099,799.42
COMMISSION AGENDA – AcƟon Item No. 8b Page 3 of 3
Meeng Date: February 24, 2026
Appropriate and effecve internal controls are in place to ensure that the above obligaons were processed in
accordance with Port of Seale procurement/payment policies and delegaon of authority.
At a meeng of the Port Commission held on February 24, 2026, it is hereby moved that, pursuant to RCW
42.24.180, the Port Commission approves the Port Auditor's payment of the above salaries and claims of the
Port:
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Port Commission
