Budget

The City of Seattle's Department of Finance and Administrative Services (FAS) is overseeing the site acquisition, design and construction of the new station. FAS' 2013-2014 budget includes $18.3 million to pay for site selection, due diligence and land acquisition for a new facility. Because the site itself impacts design and construction costs, the City does not yet have a firm estimate for what it will cost to build this new facility and a funding source beyond 2014 will be identified in the 2015/2016 budget process. Spending in 2013 and 2014 is covered largely by long-term general obligation bonds.