PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.      7c 
STAFF BRIEFING 
Date of Meeting    September 13, 2016 
DATE:    August 26, 2016 
TO:     Ted Fick, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial Officer 
Dave Caplan, Sr. Director Strategic Initiatives 
SUBJECT:  2017 Budget Overview Briefing 
SYNOPSIS 
The purpose of this briefing is to discuss with the Commission the 2017 budget process,
Strategic Positioning for Growth (SPG) budgeting initiative outcome, and key expense
initiatives for the 2017 budget. 
BACKGROUND 
The Port is preparing the 2017 budget. The budget process includes setting up and testing
new budget modules in the budget system, budget user training, division and department
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 reviews,
publishing the preliminary budget for public comments, adopting the final budget, filing
the statutory budget with the King County Council and Assessor's Office, and the
preparation and release of the final budget document. 
On September 13, 2016, staff will discuss with the Commission the 2017 budget process,
the outcome of Strategic for Growth budgeting initiative, and key expense initiatives for
the 2017 budget. 
ATTACHMENTS TO THIS BRIEFING 
PowerPoint 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
August 19, 2016  Provided briefing document regarding key budget
assumptions for 2017 
July 26, 2016  Long-Range Plan Update, Century Agenda Dashboard
Overview, and Budget Considerations beyond the Long-Range Plan. 
June 14, 2016  Strategic Positioning for Growth Budgeting Initiative. 

Template revised May 30, 2013.