PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.      7d 
STAFF BRIEFING 
Date of Meeting     August 20, 2013 
DATE:    August 2, 2013 
TO:     Tay Yoshitani, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial and Administrative Officer 
SUBJECT:  2014 Business and Capital Plans Briefing 
SYNOPSIS 
The purpose of this briefing is to provide the Commission an overview of the Business
and Capital plans in advance of the formal budget review in October and November and
to seek the Commission's guidance on preparation of the 2014 budget. 
BACKGROUND 
The Port is preparing the 2014 budget and is seeking guidance from the Commission as
the budget preparations get underway. The Commission will be briefed on the Draft Plan
of Finance on October 22, 2013, and will vote on the budget resolution in November. 
The budget process includes setting up and testing new budget modules in the budget
system, budget user training, department and division strategic and business planning,
publishing budget guidelines, establishing budget targets, entering budget data into the
system, running budget allocations and budget reports, conducting department and
division reviews, Executive reviews, and Commission adoption after holding a public
hearing; , filing the statutory budget with the King County Council and Assessor's Office 
by December 5, 2013, and the preparation and release of the final budget document to the
public by December 13, 2013.
The 2014 Business Plan and Capital Plan presentation will provide background on
strategic issues and linkages to the Century Agenda; identify the major challenges facing
the Aviation, Seaport and Real Estate divisions; discuss strategies to address these
challenges; and provide a high-level update on the capital plan. Each operating division
will present its plans to the Commission. The presentation outline is as follows: 
1.  Aviation Division Business and Capital Plans
2.  Seaport Division Business and Capital Plans
3.  Real Estate Division Business and Capital Plans
ATTACHMENTS TO THIS BRIEFING 
PowerPoint presentation. 

Template revised May 30, 2013.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
August 2, 2013 
Page 2 of 2 

PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
July 23, 2013  2014 budget retreat/process briefing.