Washington State Ferries Vessels & Terminals

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 nine of 21 vessels did not meet 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 six of 21 vessels did not meet 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