PORT OF SEATTLE 
MEMORANDUM 
COMMISSION AGENDA               Item No.       7b 
STAFF BRIEFING             Date of Meeting   August 14, 2012 

DATE:    August 3, 2012 
TO:     Tay Yoshitani, Chief Executive Officer 
FROM:    Dan Thomas, Chief Financial & Administrative Officer 
Michael Tong, Corporate Budget Manager 
SUBJECT:  2013 Budget Assumptions Briefing 

SYNOPSIS: 
The purpose of this briefing is to discuss with the Commission key assumptions and
guidelines to be used in preparing the 2013 budget. 
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.
OTHER DOCUMENTS ASSOCIATED WITH THIS BRIEFING: 
PowerPoint presentation. 
PREVIOUS COMMISSION ACTIONS OR BRIEFINGS: 
July 10, 2012  2013 budget process briefing.