PORT OF SEATTLE 
MEMORANDUM 

COMMISSION AGENDA  STAFF BRIEFING 

Item No.        7a 
Date of Meeting   October 4, 2011 

DATE:    September 16, 2011 
TO:      Tay Yoshitani, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial and Administrative Officer 
Ralph Graves, Managing Director, Capital Development Division 
Borgan Anderson, Senior Manager, Aviation Division 
Boni Buringrud, Finance & Budget Manager, Seaport Division 
Michael Tong, Corporate Budget Manager 
SUBJECT:  2012 Preliminary Operating Budget Briefing 

BACKGROUND: 
The Port is preparing the 2012 budget. The budget process includes setting up and testing new
budget modules in the budget system, budget users training, department and division strategic and
business planning, publishing budget guidelines, establish budget targets, inputting budget data
into the system, running budget allocations and budget reports, department and division reviews,
Executive reviews, Commission reviews, public comments, Commission approval of the budget,
filing the statutory budget with King County Council and Assessor's Office, and the preparation
and releasing of the final budget document.
On October 4, 2011 staff will brief the Commission on the Aviation, Seaport, Real Estate,
Capital Development, and Corporate Operating Budgets. The presentation outline is as follows: 
1. Aviation Division Operating Budget 
2. Seaport Division Operating Budget 
3. Real Estate Division Operating Budget 
4. Capital Development Division Operating Budget 
5. Corporate Operating Budget and Portwide Total Budget 
OTHER DOCUMENTS ASSOCIATED WITH THIS BRIEFING: 
PowerPoint presentation.