Return to Agency List
Agency 550
State Convention and Trade
Center
RCW 67.40
Request | $27,674,263 | ||||||||||||||||||
Net change from current biennium | $4,219,225 | Increase | |||||||||||||||||
Percent change from current biennium | 18.0% | Increase | |||||||||||||||||
The purpose of the Washington State Convention and Trade Center
is to attract revenue from outside Washington State by hosting
national, international, and regional conventions and trade shows.
In addition, the Center is intended to promote tourism and provide
direct and indirect civic and economic benefits to the citizens
of the state of Washington through the establishment of a nationally
competitive convention and trade facility in the city of Seattle.
The Washington State Convention and Trade Center was established
as a public, nonprofit corporation on July 7, 1982, with the goal
of designing and constructing a convention and trade center in
the city of Seattle. It also was charged with maintaining, operating,
promoting, expanding, and managing the Center. The corporation
is governed by a nine-member board of directors appointed by the
Governor.
Objectives are to operate the existing facility and to generate
as much new income as possible for the state as a result of that
operation. The Center expects delegate expenditures to significantly
increase area hotel, retail, and service sales, state and local
tax revenue, and job development opportunities in the tourism
industry.
Operating Budget: Summary
| |||||||||||||||||||||
1995-97 Appropriations | Appropriated Funds | Expenditures | |||||||||||||||||||
Amount | Estimated Balance | 1993-95 Actual | 1995-97 Estimated | 1997-99 Proposed | |||||||||||||||||
25,606,000 | 2,150,962 | St Convent/Trade Center Operations - State | 18,402,862 | 23,455,038 | 27,674,263 | ||||||||||||||||
Capital Budget: Summary*
| |||||||||||||||||||||
1995-97 Appropriations | Appropriated Funds | Expenditures | |||||||||||||||||||
Amount | Estimated Balance | 1993-95 Actual | 1995-97 Estimated | 1997-99 Proposed | |||||||||||||||||
798,775 | 600,113 | State Convention & Trade Center - State | 4,275,438 | 198,662 | |||||||||||||||||
*For detail projects, see
1997-99 Capital Plan.
Operating Budget: Summary by Object
| ||||||||||||||||||
1994-95 Actual | 1995-96 Estimated | 1996-97 Estimated | 1997-98 Proposed | 1998-99 Proposed | ||||||||||||||
Salaries And Wages | 3,631,889 | 3,691,571 | 4,177,014 | 3,932,442 | 4,440,072 | |||||||||||||
Employee Benefits | 1,432,303 | 1,386,537 | 1,754,742 | 1,610,718 | 1,727,200 | |||||||||||||
Personal Service Contracts | 988,932 | 2,390,256 | 2,384,553 | 2,500,000 | 2,700,000 | |||||||||||||
Goods And Services | 2,723,241 | 2,326,787 | 2,758,417 | 3,853,523 | 3,323,598 | |||||||||||||
Travel | 17,194 | 21,406 | 25,000 | 35,317 | 24,450 | |||||||||||||
Capital Outlays | 339,674 | 137,839 | 525,000 | 846,000 | 1,035,943 | |||||||||||||
Debt Service | 975,000 | 1,225,916 | 650,000 | 975,000 | 670,000 | |||||||||||||
Annual Total |
10,108,233 |
11,180,312 |
12,274,726 |
13,753,000 |
13,921,263 | |||||||||||||
Fiscal Year 1993-94 | 8,294,629 | |||||||||||||||||
Biennium Total |
18,402,862 |
23,455,038 |
27,674,263 | |||||||||||||||
Operating Budget: Change from Preceding Biennium
| ||||||||||||||||||||||||||
1993-95 Actual | 1995-97 Estimated | 1997-99 Proposed | ||||||||||||||||||||||||
Amount | Percent | Amount | Percent | Amount | Percent | |||||||||||||||||||||
Total Administration | (892,426) | (4.6)% | 5,052,176 | 27.5% | 4,219,225 | 18.0% | ||||||||||||||||||||
Employment Summary
| ||||||||||||||||||||
1994-95 Actual | 1995-96 Estimated | 1996-97 Estimated | 1997-98 Proposed | 1998-99 Proposed | ||||||||||||||||
FTE Staff Years | 125.7 | 123.2 | 129.0 | 127.0 | 131.0 | |||||||||||||||
Average FTE Staff Year Costs | 28,893 | 29,964 | 32,380 | 30,964 | 33,894 | |||||||||||||||