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2021 Proposed Budget and Capital Investment Program

Update on the Port's COVID-19 response Learn more.

The Port is pleased to present the 2021 Preliminary Budget and 2021-2025 Capital Improvement Plan. The Port’s 2021 budget will support Port priorities to safely operate our essential gateways, equitably expand and create economic opportunity, carry out our sustainability vision, and follow through with our commitment to improve customer service. Our investments make travel and trade more efficient, expand community-based economic development and environmental programs, and reduce our own environmental impact.  

COVID-19 prompted immediate challenges to our lines of business, but the Port remains committed to using our 2021 budget and capital development program to lead an equitable regional recovery. Years of careful financial stewardship put us in a position where we can continue strategic investments that support significant economic activity throughout our region. We are focused on supporting community health and wellbeing, providing economic relief to Port partners, continuing our capital investments to support the local economy, and directing community investments where they are needed most.    

The 2021 budget continues on a realistic spending path in preparation for a long and uncertain recovery. We based our budget on forecasts showing that some of our key industries will need up to four years to return to 2019 activity levels.   

Upcoming events 

Join us at these virtual community presentations to hear about tax levy changes, planned investments underway, and learn how we are allocating resources to help lead the COVID-19 economic recovery in our region. 

Register for these virtual presentations to learn more about the 2021 proposed budget and capital investment program, provide comments, and ask questions.

You can also email questions or comments on the budget to 2021budget@portseattle.org.  

October 8, 2020  
Leading the Recovery: 2021 Aviation Budget and Capital Investment Program Community Briefing and Q&A Session
4:00 p.m. - 5:00 p.m.
Join Microsoft Live Event

October 22, 2020
Leading the Recovery: 2021 Maritime Budget and Capital Investment Program Community Briefing and Q&A Session
4:00 p.m. - 5:00 p.m.
Register

Resources 

Budget materials 

Recordings of the meetings, PowerPoint slides, and other relevant budget information will be posted here

Presentation slides

Aviation Budget Open House presentation

Fact sheets

Blog posts 

Budget process

Here are the next steps for review and approval of the 2021 budgets:

Date Milestone Public Access

10/8
4:00-5:00 p.m.

Leading the Recovery: 2021 Aviation Budget and Capital Investment Program Community Briefing and Q&A Session

Join Microsoft Live Event
10/13
(a.m.)

2021 Aviation Division Operating and Capital Budgets Briefing 

 
10/13
(p.m.)
2021 Maritime and EDD Operating and CIP Budgets Briefing  
10/20

2021 Preliminary Budget Document Available to the Commission 

Release of 2021 Preliminary Budget to the Public 

 

Budget document to come
10/22
4:00-5:00 p.m.

Leading the Recovery: 2021 Maritime Budget and Capital Investment Program Community Briefing and Q&A Session

2021 Preliminary Budget Document (Hard Copy) Available to the Public 

Register

 

 

Hard copy available to view at Port Headquarters, Pier 69

10/27 
(p.m.)
2021 Tax Levy and Draft Plan of Finance Commission Briefing   
10/28
(a.m.)
NWSA Budget Study Session by Managing Members   

11/10
(p.m.)

Introduction and Public Hearing of the 2021 Budget; and Commission Approval of the 2021 ILA/Service Directives between POS and the NWSA   
11/11
(a.m.)

NWSA Budget Adoption by Managing Members 

 
11/17 

Adoption of the 2021 Budget 

 
11/30

Filing of 2021 Statutory Budget with King County Council and Assessor 

 
12/15 

Release of 2021 Budget to the public 

To be posted on this page

 

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