Trending...
- Arizona Pest Control Surpasses $200,000 in Contributions to Southern Arizona High School Sports and Education Programs
- OncoBeta Introduces Rhenium-SCT for Non-Melanoma Skin Cancer at Theageneio Cancer Hospital of Thessaloniki
- Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA
~ Tacoma, Wash. - The City of Tacoma's Office of Management and Budget will be providing an update on the 2025-2026 Biennial Budget Development Process at the upcoming City Council Study Session on Tuesday, September 10th at noon. This update will include information on revenues and an overview of the budget's progress.
According to projections, expenses are expected to exceed revenues in the coming years, particularly in the General Fund. In order to address a projected budget gap of $26 million in the General Fund, city departments have been working together to develop budget scenarios that offer options for reducing, maintaining, or enhancing service levels.
To address this budget gap, reduction targets have been set at 2.5 percent for public safety departments and 6 percent for all other departments. It is important to note that these reductions will not be made as across-the-board cuts and will instead be carefully considered with input from the community, service levels, and Council priorities. The city is taking a holistic approach to addressing Tacoma's needs while also preparing for potential economic uncertainties.
More on Washingtoner
More information about the budget development process can be found on the city's website at cityoftacoma.org/budgetdevelopment. Additionally, community members can provide input through the Balancing Act tool on this page at cityoftacoma.org/balancingact. This tool allows individuals to "play" with different budget scenarios and provide quantitative feedback.
For any questions about the 2025-2026 Biennial Budget development process or opportunities for engagement, community members can contact the Office of Management and Budget at budget@cityoftacoma.org or (253) 594-7925.
The City Council Study Sessions are held every Tuesday at noon and can be viewed live in person at the Tacoma Municipal Building or through various online platforms such as TV Tacoma or tvtacoma.com. The full agenda and Zoom access details can be found on cityoftacoma.legistar.com.
According to projections, expenses are expected to exceed revenues in the coming years, particularly in the General Fund. In order to address a projected budget gap of $26 million in the General Fund, city departments have been working together to develop budget scenarios that offer options for reducing, maintaining, or enhancing service levels.
To address this budget gap, reduction targets have been set at 2.5 percent for public safety departments and 6 percent for all other departments. It is important to note that these reductions will not be made as across-the-board cuts and will instead be carefully considered with input from the community, service levels, and Council priorities. The city is taking a holistic approach to addressing Tacoma's needs while also preparing for potential economic uncertainties.
More on Washingtoner
- The 4th Annual Newark Summit for Economic Development, Placemaking & Innovation Returns on December 8th
- Romanian Software Company ASSIST Software Ranks Second Nationally Among Large Enterprises in Its Category
- Washington Nurse Introduces Nightingale Care Hub to Help Families Organize Care
- HIRO Ostomy Belt Launch by Richard O'Hamill
- New Omega-3 Fish Oil Under NIH Investigation: What Makes It Different From EPA and DHA?
More information about the budget development process can be found on the city's website at cityoftacoma.org/budgetdevelopment. Additionally, community members can provide input through the Balancing Act tool on this page at cityoftacoma.org/balancingact. This tool allows individuals to "play" with different budget scenarios and provide quantitative feedback.
For any questions about the 2025-2026 Biennial Budget development process or opportunities for engagement, community members can contact the Office of Management and Budget at budget@cityoftacoma.org or (253) 594-7925.
The City Council Study Sessions are held every Tuesday at noon and can be viewed live in person at the Tacoma Municipal Building or through various online platforms such as TV Tacoma or tvtacoma.com. The full agenda and Zoom access details can be found on cityoftacoma.legistar.com.
0 Comments
Latest on Washingtoner
- Brian G. Miller Co., LLC Receives Tier 1 Ranking in the 2027 Edition of Best Law Firms®
- The Villari Firm, PLLC Named to the 2027 Edition of Best Law Firms
- Spokane: City and County Issue Joint Housing and Homelessness Funding RFP
- Spokane: Council Approves Additional Funding to Prepare for Inclement Weather
- Bacchus Wine & Spirits and Michelin Guide–Recommended Ethel's Fancy to Host Exclusive LOUIS XIII Limited Edition Diwali Decanter Celebration
- Arizona Pest Control Surpasses $200,000 in Contributions to Southern Arizona High School Sports and Education Programs
- ZenaTech (NAS DAQ: ZENA) $1 Million in New Utility Contracts- Potential $2.5 Million Follow-On Opportunity Puts Its Drone Business in the Spotlight!
- New Patient Data Show REQORSA® Activating Cellular Repair Pathways as Roche Collaboration Advances Precision Lung Cancer Strategy for Genprex, Inc
- Genuine Hospitality, LLC Selected to Operate Holiday Inn Express & Suites Jacksonville – Town Center
- Shiokly Launches Online Marketplace to Help Singapore Home-Based Businesses Sell More, With First Product Listed Free
- Freight Broker 911 and Milton Collier Introduce "What's The 911?"—A New Podcast Built on Real Talk, Real Freight, and Real Opportunity
- PropAccount.com Launches PropWallet, Turning Prop Firm Payouts Into Repeat Sales
- Spokane: City And County Seek Federal Grant to Plan for Road Network Wildfire Resilience
- The Great Junk Hunt Returns to Monroe: Kick Off Your Holiday Shopping at the Ultimate Vintage Treas
- AI Trading Agents Track Aerospace and Defense US Stocks Amid Rising Technology Investment (SATS, GILT, TSAT, IREN, JOBY, LUNR)
- KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
- Evluma's RoadMax Edge Roadway Luminaires Earn DarkSky Approved Status
- Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
- New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
- Tacoma: Public Hearing for Off-Street Parking Code Update Set for December 1