COMMISSION 
AGENDA MEMORANDUM                Item No.       7a 
BRIEFING ITEM                   Date of Meeting    October 10, 2017 
DATE:    September 22, 2017 
TO:     Dave Soike, Interim Executive Director 
FROM:   Dan Thomas, Chief Financial Officer 
SUBJECT:  2018 Operating Division Budgets Briefing 
EXECUTIVE SUMMARY 
The purpose of this briefing is to discuss with the Commission the 2018 preliminary budget for
each operating division. 
BACKGROUND 
The Port is preparing the 2018 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. 
OnOctober 10, 2017, staff will discuss with the Commission the 2017 preliminary budget for 
each operating division. 
ATTACHMENTS TO THIS BRIEFING 
(1)   Presentation slides 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
June 13, 2017  The Commission conducted the 2018 Budget Work session 
August 22, 2017  The Commission received the 2018 Budget Assumptions Memo 
September 26, 2017  The 2018 Corporate budget briefing to the Commission 



Template revised September 22, 2016.