PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.      7c 
STAFF BRIEFING 
Date of Meeting    October 28, 2014 
DATE:    October 10, 2014 
TO:     Theodore J. Fick, Chief Executive Officer 
FROM:    Elizabeth Morrison, Director, Corporate Finance 
SUBJECT:  Briefing on the Preliminary Tax Levy and the Draft Plan of Finance 2015-
2019 
SUMMARY 
As part of the Port's budget process, the Commission establishes the amount of taxes to
be levied within the Port district for the budget year. Staff will provide information on
the forecasted uses of the tax levy and will seek Commission guidance on the
establishment of the 2015 tax levy amount and any modifications to forecasting
assumptions. 
On October 7 and October 14, each of the operating divisions presented the Port's Capital
Improvement Program (CIP). As part of the annual budget process, staff provides a
funding plan for the Port's CIP. This funding plan  TheDraft Plan of Finance  is
updated each year for the subsequent five-year CIP and provides information on the
funding sources available to support the CIP.
ATTACHMENTS TO THIS BRIEFING 
Draft Plan of Finance 2015-2019 PowerPoint presentation (to be provided later) 
Tax levy PowerPoint presentation (to be provided later) 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
October 14, 2014 2015 Seaport and Real Estate Division Operating and
Capital Budget Briefings 
October 7, 2014  2015 Aviation Division Operating and Capital Budget
Briefing 
September 30, 2014  2015 Corporate and CDD Budget Briefings 
September 11, 2014  2015 Payroll Budget Assumptions Briefing 
August 19, 2014  2015 Tourism and OSR Strategies/Programs Discussion. 
August 5, 2014  2015 Seaport and Real Estate Business Plans Discussion. 
July 29, 2014  2015 Aviation Business Plan Discussion. 
June 10, 2014  Briefing on 2015 Business Plan and Budget Process. 

Template revised May 30, 2013.