The Snohomish County Public Facilities District was established in July, 2001, for the purpose of accessing State "rebated" sales tax revenues, and using these dollars to help construct regional centers throughout the County.
The Board's anticipates that its support will have positive economic impacts in Snohomish County. Total regional center construction is anticipated to top $131 million, with the County PFD's direct contribution being 18% of total costs, or $23.7 million.
As of December, 2002, the District has formalized funding support for the following three projects: Everett Arena and related parking facility; South Snohomish County Conference Center to be built in Lynnwood; and the Edmonds Centre for the Arts.
In July, 2003, the District found that a museum of flight at Paine Field in unincorporated Snohomish County near Mukilteo was viable, and will be the fourth project to be funded by the County PFD.
The District's funding plan and project viability findings can be found in its December 31, 2002 Report to the Snohomish County Council. The funding plan was modified in July, 2003, to include funding for the Future of Flight. Additionally, the Snohomish County PFD's contribution to local special event centers is summarized in the following document: PFD Revenue Planning Model.