Budget

The project budget was $430 million-$300 million in public funding and $130 million from First & Goal Inc. The budget included the following major categories of expenses:

Pre-Construction

$47,430,041

Construction

$361,212,959

Project Management

$3,357,000

Contingency

$18,000,000

Total

$430,000,000

The Exhibition Center and Parking Garage were completed on time and on budget in October 1999. The Stadium was completed ahead of schedule and on budget in July 2002.

Public Financing

The public's investment, capped at $300 million, is financed from the following sources:

  • Washington State Lottery
  • King County sales tax
  • King County Hotel/Motel tax
  • Deferred sales tax in King County (to be repaid after completion of construction)
  • Stadium and Exhibition Center Parking and Admissions Taxes

VIEW GRAPH OF FUNDING SOURCES