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~ 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.
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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.
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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.
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