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Results Chart for Delivery Method and Financing
From Public (Government) Sources to Producers: Gov. Gregoire and the Washington State Legislature have secured a variety of state and federal funding sources, including tolling the existing floating bridge, to help pay for the SR 520 program. As of 10/25/12, a revised cost estimate of $4.13 Billion still has an unfunded need of $1.4 Billion. The funding received to date ($2.72 Billion) is detailed further below.
Direct Cash Support
From Public Sponsor of Project - Direct Expenditure of Appropriated Public Funds
From Cash On Hand: As of 10/25/12: State funding (Nickel and TPA) - $0.55 Bilion; Federal funding - $0.12 Billion; Deferred sales tax - $0.14 Billion;
From Other Public Entities - Direct Grant of Appropriated Public Funds
From Public Sponsor of Project: As of 10/25/12: SR 520 Account (tolling and future federal funding) - $1.61 Billion; TIFIA loan - $0.30 Billion