PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.       7b 
STAFF BRIEFING             Date of Meeting   October 2, 2012 

DATE:    September 14, 2012 
TO:     Tay Yoshitani, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial and Administrative Officer 
SUBJECT:  Capital Budget Briefing 
SYNOPSIS: 
The purpose of this briefing is to discuss the capital budget in advance of the formal
budget reading in November. 
BACKGROUND: 
The Port is preparing the 2013 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,
receiving public comments, filing the statutory budget with the King County Council and
Assessor's Office, and the preparation and release of the final budget document.
On October 2, 2012, staff will brief the Commission on the Aviation, Seaport, Real
Estate, and Corporate and Capital Development Division Capital Budgets. The
presentation outline is as follows: 
1. Aviation Division Capital Budget 
2. Seaport Division Capital Budget 
3. Real Estate Division Capital Budget 
4. Corporate and Capital Development Division Capital Budget 
5. Port-wide Total Capital Budget 

OTHER DOCUMENTS ASSOCIATED WITH THIS BRIEFING: 
PowerPoint presentation. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS: 
July 10, 2012  2013 budget process briefing.

COMMISSION AGENDA 
Tay Yoshitani, Chief Executive Officer 
September 14, 2012 
Page 2 of 2 
August 14, 2012  Budget Assumptions Briefing 
August 14, 2012  Century Agenda Milestones and Business and Capital Plans 
Briefing