Finances

THE STATE OF THE CONVENTION CENTER, FISCAL 2022

Fiscal 2022 was a year of recovery, which is reflected in our results. In the eleven years of operations as the Washington State Convention Center Public Facilities District (PFD or District), we produced consistently solid results and were on track to continue that trend until COVID-19 restrictions required us to temporarily close the building to events in 2020. Furthermore, as the results show, the financial impacts of the pandemic carried over into 2022.

As a PFD, the Center is solely responsible for its operations, capital improvements, and surpluses and losses. Its board of directors and staff can be commended for their creativity and fortitude to guide the District through these difficult times and to the resumption of event activity while simultaneously preparing for the launch of Summit, which opened in January 2023.

The board continues to develop first-rate strategies to position ourselves for a strong future. The public sets high expectations for our dual mission—to deliver both economic and civic benefits to our community—and the District has a clear path to again deliver on both fronts.

Sincerely,

Jeffrey A. Blosser
President and Chief Executive Officer


WSCC PFD Financials

The following financial reports are currently available for you to download and review in a PDF format. You may request older documents by contacting us.