8b. Memo

Claims and Obligations June 2022

AGENDA MEMORANDUM                       Item No.         8b
ACTION ITEM                            Date of Meeting  July 12, 2022
DATE:      July 5, 2022 
TO:        Steve Metruck, Executive Director 
FROM:     Lisa Lam, Assistant Director, Accounting & Financial Reporting
SUBJECT:    Claims and Obligations – June 2022 
Request Port Commission approval of the Port Auditor’s payment of the salaries and claims of the Port
pursuant to RCW 42.24.180 for payments issued during the period June 1 through 30, 2022 as follows: 
Payment Type                Payment Reference    Reference End        Amount 
Start Number          Number 
Accounts Payable Checks                944100              944505           $  4,976,243.92 
Accounts Payable ACH                 045503              046336           $ 50,842,536.33 
Accounts Payable Wire Transfers         015852               015871           $ 14,577,892.03 
Payroll Checks                           201979               202399           $    138,251.84 
Payroll ACH                          1083241             1087424          $ 12,727,148.71 
Total Payments                                                           $ 83,262,072.83 
Pursuant to RCW 42.24.180, “the Port’s legislative body” (the Commission) is required to approve in a public
meeting, all payments of claims within one month of issuance. 
All these payments have been previously authorized either through direct Commission action or delegation of
authority to the Executive Director and through his or her staff. Detailed information on Port expenditures is
provided to the Commission through comprehensive budget presentations as well as the publicly released
Budget Document, which provides an even greater level of detail. The Port’s operating and capital budget is
approved by resolution in December for the coming fiscal year, and the Commission also approves the Salary
and Benefit Resolution around the same time to authorize pay and benefit programs. Notwithstanding the 
Port’s budget approval, individual capital projects and contracts exceeding certain dollar thresholds are also
subsequently brought before the Commission for specific authorization prior to commencement of the project
or contract—if they are below the thresholds the Executive Director is delegated authority to approve them.
Expenditures are monitored against budgets monthly by management and reported comprehensively to the
Commission quarterly.

      COMMISSION AGENDA – Action Item No. 8b                                  Page 2 of 3 
Meeting Date July 12, 2022 
Effective internal controls over all Port procurement, contracting and disbursements are also in place to ensure
proper central oversight, delegation of authority, separation of duties, payment approval and documentation,
and signed perjury statement certifications for all payments. Port disbursements are also regularly monitored
against spending authorizations. All payment transactions and internal controls are subject to periodic Port
internal audits and annual external audits conducted by both the State Auditor’s Office and the Port’s
independent auditors. 
For the month of June 2022, over $70,396,672.28 in payments were made to nearly 701 vendors, comprised
of 2,104 invoices and over 9,254 accounting expense transactions. About 94 percent of the accounts payable
payments made in the month fall into the Construction, Payroll Taxes, Employee Benefits, Contracted Services, 
Utility Expenses, Janitorial Services, Sales Tax, Maintenance Inventory, Computers & Telephone, and Legal.
Payroll expense for the month of June was $12,865,400.55.
Top 15 Payment Category Summary: 
Category                                 Payment Amount 
Construction                                  32,286,988.98 
Payroll Taxes                                    9,777,408.29 
Employee Benefits                              8,333,030.50 
Contracted Services                               5,218,638.96 
Utility Expenses                                   4,112,863.54 
Janitorial Services                                    2,707,833.31 
Sales Taxes                                     1,401,926.04 
Maintenance Inventory                            936,652.91 
Computers & Telephone                           687,788.78 
Legal                                          628,332.26 
Public Expense                                  514,857.23 
Parking Taxes                                   501,188.22 
Software                                    405,295.93 
Miscellaneous Expense                             320,442.87 
Employee Travel Expenses                           295,801.52 
Other Categories Total:                               2,267,622.94 
Net Payroll                                                   12,865,400.55 
Total Payments:                               $83,262,072.83

      COMMISSION AGENDA – Action Item No. 8b                                  Page 3 of 3 
Meeting Date July 12, 2022 

Appropriate and effective internal controls are in place to ensure that the above obligations were processed
in accordance with Port of Seattle procurement/payment policies and delegation of authority. 

At a meeting of the Port Commission held on July 12, 2022, it is hereby moved that, pursuant to RCW 42.24.180,
the Port Commission approves the Port Auditor’s payment of the above salaries and claims of the Port: 

Port Commission


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