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
These financial reports are available for download and review in a PDF format. You may request older documents by contacting us.
- Annual Report, Fiscal Year End December 31, 2022
- Annual Report, Fiscal Year End December 31, 2021
- Annual Report, Fiscal Year End December 31, 2020
- Annual Report, Fiscal Year End December 31, 2019
- Annual Report, Fiscal Year End December 31, 2018
- Annual Report, Fiscal Year End December 31, 2017
- Annual Report, Fiscal Year End December 31, 2016
- Annual Report, Fiscal Year End December 31, 2015
- Annual Report, Fiscal Year End December 31, 2014
- Annual Report, Fiscal Year End December 31, 2013
- Annual Report, Fiscal Year End December 31, 2012
- Annual Report, Fiscal Year End December 31, 2011
- Annual Report, Fiscal Year End December 31, 2010
- Annual Report, Fiscal Year End June 30, 2009
- Detailed Audited Financials for December 31, 2021 and 2022
- Detailed Audited Financials for December 31, 2020 and 2021
- Detailed Audited Financials for December 31, 2019 and 2020
- Detailed Audited Financials for December 31, 2019 and 2018
- Detailed Audited Financials for December 31, 2018 and 2017
- Detailed Audited Financials for December 31, 2017 and 2016
- Detailed Audited Financials for December 31, 2016 and 2015
- Detailed Audited Financials for December 31, 2015 and 2014
- Detailed Audited Financials for December 31, 2014 and 2013
- Detailed Audited Financials for December 31, 2013 and 2012
- Detailed Audited Financials for December 31, 2012 and 2011
- Detailed Audited Financials for December 31, 2011 and 2010
- Detailed Audited Financials for July 19, 2010 to December 31, 2010
- Detailed Audited Financials for June 30, 2009
The Washington State Convention Center PFD (dba Seattle Convention Center) has retained a registered municipal advisor to provide advice on proposals from financial services firms concerning the issuance of municipal securities. SCC will rely on (meaning seek and consider) the advice, analysis, and perspective of its independent registered municipal advisor.
SCC engages Public Financial Management, Inc (PFM) as its municipal advisor in its debt management program. PFM has represented to SCC that it is an independent registered municipal advisor within the meaning of the SEC Municipal Advisor Rule. Please contact PFM for a current list of employees.
By publicly posting the following written disclosure, SCC intends that market participants receive and it for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule.