PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.      7b 
STAFF BRIEFING 
Date of Meeting    September 22, 2015 
DATE:    September 9, 2015 
TO:     Ted Fick, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial Officer 
Michael Tong, Corporate Budget Manager 
SUBJECT:  2016 Corporate Budget Briefing 
SYNOPSIS 
The purpose of this briefing is to discuss the proposed 2016 Corporate budget with the
Commission. 
BACKGROUND 
The Port is preparing the 2016 budget. The budget process includes setting up and testing
new budget modules in the budget system, budget user training, department and division
strategic and business planning, publishing budget guidelines, establishing budget targets,
entering budget data into the system, running budget allocations and budget reports,
conducting department and division reviews, Executive reviews, and Commission reviews,
publishing the preliminary budget for public comments, adopting the final budget, filing
the statutory budget with the King County Council and Assessor's Office, and the
preparation and release of the final budget document. 
On September 22, staff will discuss with the Commission the proposed 2016 Corporate
budget. 
ATTACHMENTS TO THIS BRIEFING 
PowerPoint Presentation. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS 
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.