Port Commission  udi'i .
.Meeting of    -_'LM_

Washington State Auditor
Brian Sonntag



July 21, 2009

Port of Seattle
Pier 69
PO. Box 1209
Seattle, WA 98111-1209

Commissioner Hara:

In March of this year, Chuck Pfeil and I met with John Creighton, Joyce Kirangi, Rudy Caluza,
Thomas Barnard and you concerning the Port of Seattle's Financial Statement Audit, Federal
Single Audit and the Passenger Facility Charges Audit for 2009 audit period. At that time, you
requested that the State Auditor's Ofce provide the Port with an estimate of the cost for the
State Auditor's Ofce to complete these audits.

We estimate our charges to the Port for these audits would be approximately $298,680. The
cost forthe Financial Statement Audit would be approximately $168,990, the Federal Single
Audit cost would be $117,900, and the Passenger Facility Charges Audit cost would be
$11,790.

For the 2008 audit, the Port paid a private certied public accounting rm $608,000 for these
three audits.

If the Port would like to have us perform this work, we would require notication as soon as
possible to schedule the audit and put staff in place. Please contact me when the Port has
made its decision. My phone number is 206-615-0557.

Sincerely,

Carol Ehlinger
Audit Manager
Washington State Auditor
Central King County Team

Insurance Building, PO. Box 40021  Olympia, Washington 98504-0021 0 (360) 902-0370 0 TDD Relay (800) 833-6388
FAX (360) 753-0646 ' http://www.sao.wa.gov