Item No. 10c_reso 
Meeting Date: November 17, 2020 
RESOLUTION NO. 3780 
A RESOLUTION of the Port Commission of the Port of Seattle specifying
the dollar and percentage change in the regular property
levy  from  the  previous  year  per  RCW  84.55.120;
providing for an increase of the levy from $76,384,800
to $78,676,344. 
WHEREAS, the Port of Seattle in the Commission has met and considered its
budget for the calendar year 2021; and 
WHEREAS, the Port of Seattle's Commission, after hearing and duly considering all
relevant evidence and testimony presented in a public hearing held pursuant to RCW 84.55.120,
has determined the Port of Seattle requires a regular levy in the amount of $78,676,344, which
represents the levy rate of approximately $0.122 per thousand of assessed value; and 
WHEREAS, the levy amount includes an increase in property tax revenue from the
previous year to discharge the expenses and obligations of the district in its best interest; 
NOW, THEREFORE, BE IT RESOLVED by the Port Commission of the Port of Seattle 
that a property tax levy is hereby authorized in the amount of $78,676,344, an increase of
$2,291,544, a 3.0 percent increase from 2020. Excluding the new construction  and refund
amount, the increase is $1,151,713 or 1.5 percent from 2020 for tax filing purposes. 
ADOPTED by the Port Commission of the Port of Seattle at a duly noticed meeting held this 
17th  day  of  November,  2020,  and  duly  authenticated  in  open  session  by  the  signatures  of  the
Commissioners voting in favor thereof and the seal of the Commission. 


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Port Commission