Port of Seattle approves 2026 budget

Budget priorities reflect focus on resiliency — more than $933 million of strategic investment in capital projects drive toward environmental goals and expand community impact initiatives

The Port of Seattle Commission approved the Port’s 2026 budget and 2026–2030 Capital Improvement Plan. This completes two months of public presentations to review budgets for the Port’s operating divisions, financials, and tax levy, including at a public hearing during a November 11 Commission meeting.

With an annual operating budget of just over $1.1 billion and a five-year capital improvement plan of $4.4 billion, the Port continues building a port for the future through its gateways, and support for economic opportunity and job creation around the region.

In 2025, the Port of Seattle catalyzed more than $39 billion in economic benefit for the region, including supporting 205,000 jobs and over $396 million in total fiscal impact through its airport, commercial fishing, trade, and cruise lines of business.

“As a port for the future, we are moving forward with major investments to meet rising demand and support economic opportunity and environmental sustainability,” said Port of Seattle Executive Director Steve Metruck. “Our focus on long-term impact — building a more competitive, resilient, and sustainable Port — ensures that we can meet the needs of today and prepare to make transformational investments for the future.”