PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.      7a 
STAFF BRIEFING 
Date of Meeting    October 27, 2015 
DATE:    October 9, 2015 
TO:     Ted Fick, Chief Executive Officer 
FROM:    Elizabeth Morrison, Director, Corporate Finance 
SUBJECT:  Briefing on the Preliminary Tax Levy and the Draft Plan of Finance 2016-
2020 
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 2016 tax levy amount, criteria for usage, and modifications to
forecasting assumptions. 
On October 13, the operating divisions presented their operating budgets and their
Capital Improvement Programs (CIPs), collectively the Port's CIP. As part of the annual
budget process, staff provides a funding plan for the Port's CIP. This funding plan  The
Draft 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. This year's
plan will also include the Port's projected funding requirements for the Northwest
Seaport Alliance CIP.
ATTACHMENTS TO THIS BRIEFING 
2016-2020 Draft Plan of Finance  and Tax Levy Discussion  PowerPoint
presentation. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
October 13, 2015   Capital Development and Corporate Capital Budgets
Briefing 
September 22, 2015  2016 Corporate Budget Briefing. 
September 8, 2015  2016 Economic Development Business Plan Discussion. 
September 8, 2015  2016 Key Budget Assumptions Briefing. 
July 9, 2015  2016 Maritime Business Plan Discussion. 
May 26, 2015  2016 Aviation Business Plans Discussion. 
May 12, 2015  2016 Business Plan and Budget Process Briefing. 

Template revised May 30, 2013.