Washington State Ferries Vessels & Terminals
Highlights
FY2023
- The WSF vessel preservation backlog decreased 11.2% from $269.7 million in FY2022 to $239.6 million in FY2023
- WSF determined that 38% (eight out of 21) vessels met the target for being in a State of Good Repair in FY2023
- WSF had 92.7% of terminal assets in a State of Good Repair in FY2023
FY2022
- The WSF vessel preservation backlog increased 29.3% from $208.6 million in FY2018 to $269.7 million in FY2022
- WSF determined that 43% (nine out of 21) vessels met the target for State of Good Repair in FY2022
- WSF had 93.6% of terminal assets in a State of Good Repair in FY2022
FY2021
- The WSF vessel preservation backlog increased by $17.7 million between FY2020 and FY2021
- WSF determined that 57% (12 out of 21) vessels met the target for State of Good Repair in FY2021
- WSF had 93.7% of terminal assets in a State of Good Repair in FY2021
FY2020
- The WSF vessel preservation backlog increased by $39 million between FY2019 and FY2020
- WSF determined that 71% (15 out of 21) vessels met the target for state of good repair in FY2020
- WSF had 94.9% of terminal assets in a state of good repair in FY2020
- WSF estimates a funding gap of $81 million for terminal preservation needs over the next 10 years
FY2019
- The WSF vessel preservation backlog decreased by $2.1 million in FY2019
- In FY2019, WSF determined that 18% of the vessels in its fleet were overdue for preservation or renewal
- WSF developed comprehensive asset management plans for vessel and terminal assets
- WSF developed backlog projections based on funding scenarios for terminal assets