Century Agenda PowerPoint
Port of Seattle Mission The Port of Seattle is a public agency whose primary mission shall be to invest public resources to advance trade and commerce, promote industrial growth, stimulate economic development, and create jobs. adopted August 2009 Century Agenda "Givens" Airport: The existing three runways at SeaTac Airport are assumed as a maximum. Seaport: POS will continue to be a major international container, cargo , fishing & cruise Port, and the PNW will continue to be a major trade gateway. The on-dock container terminals will develop primarily through investments within the current property footprint. Funding Strategy: Over the next 25 years, the Tax Levy is an important funding mechanism for strategic opportunities which cannot be financed otherwise. as finalized 2/24/11, Century Agenda Committee and Port staff 1 Prosperity Partnership & the Regional Economic Strategy 2 2 A Cluster-Based Strategy PROSPERITY PARTNERSHIP ACCOMPLISHMENTS NEW REGIONAL ECONOMIC STRATEGY FEEDBACK AND SUGGESTIONS Prosperity Partnership & the Regional Economic Strategy 3 3 A Two-Pronged Approach PROSPERITY PARTNERSHIP ACCOMPLISHMENTS NEW REGIONAL ECONOMIC STRATEGY FEEDBACK AND SUGGESTIONS 4 Flow of Economic Impacts Port Activity Business Revenue Payroll Retained Earnings, Local Indirect Jobs Dividends, Purchases Investments Direct jobs Re-spending Induced Jobs Taxes Port of Seattle Economic Impact to the State Port of Seattle Seaport Airport Real Estate Total Jobs 52,094 138,370 3,521 193,985 Business Revenues $4.1 billion $13.1 billion $304 million $17.6 billion Income & spending $4.8 billion $4.5 billion $172 million $9.5 billion State & Local Taxes $439 million $412 million $16 million $867 million Century Agenda: Proposed 2011 Calendar Feb Mar Apr May Jun July Aug Sept Oct Nov Dec Funding our Moving Moving Attracting Achieving strategic Final C/A Century Agenda Media Fostering Cargo: People: next our goals & Presented & Committee Round- Economic logistics and airport, generation community putting real Approved 2nd Tues table Growth growing cruise ships industries values estate to exports and tourism and jobs work Review Draft Final C/A Monthly Commission Updates: Commission Century Presented & developing preliminary strategic goals Agenda Approved Public Communication Plan, POS website & email box , Social Media/TBD Public outreach on draft plan Outreach --year long-- Kickoff, Port District Act Earth Day, Commemorative Book, Port 101 Series, Centennial Commemoration, Sea Air School, Annual Reports, Maritime Chamber Event, Fishermen's Fall Festival, Events Banners, Festival, Bike Rally, Holiday Card AAPA National Convention Combined Seaport Breakfast Chambers 3/4 6 4/11/11 Port of Seattle Mission The Port of Seattle is a public agency whose primary mission shall be to invest public resources to advance trade and commerce, promote industrial growth, stimulate economic development, and create jobs. adopted August 2009 7
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