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Office of Management and Budget

About the Office

The Office of Management & Budget assists the City by providing fiscal planning, analysis, and management services to enable the City organization to deliver effective and efficient services. Our office provides oversight and management of the City’s budget with a focus on communication, accuracy and transparency. We also coordinate the preparation of the City’s Operating Budget and Capital Facilities Plan as well as develop and compile performance measurement information.

 

2019-2020 Biennial Budget 

The City Council adopted the 2019-2020 Biennial Budget on November 20, 2018. The adopted budget is balanced and incorporates input provided by council members, city staff, and residents of Tacoma.

2019-2020 Budget Development Process

 

The following video highlights some of the new programs and services included for funding in the budget as it was proposed to the City Council by the City Manager on October 2, 2018.

 


 

The Adopted Budget Book will incorporate some changes made to the Proposed Budget during adoption and will be released in the first quarter 2019. The Office of Management and Budget will continue to monitor the 2017-2018 operating budget through the end of 2018.


2019-2024 Capital Facilities Program

The 2019-2024 Capital Facilities Program (CFP) was also adopted by Council on November 20, 2018. Recommended to the City Council by the Planning Commission after a series of public events, this document encapsulates the City's capital budget and sets forth a vision of the capital projects the City would like to undertake in the next six years. No changes were made between proposal and adoption and the updated CFP will be released alongside the 2019-2020 Budget Book in Q1 2019. This document replaces the 2017-2022 Capital Facilities Program adopted alongside the 2017-2018 Biennial budget.

 

Budget Development and Monitoring

The main work of the Office of Management & Budget centers on Budget Development and Monitoring. In essence, OMB coordinates the biennial budget for the City, including preparing monthly and quarterly financial reports, developing the six-year financial forecast report, and creating, in consultation with stakeholders, the proposed and adopted budget documents. In a parallel process, the Office of Management & Budget coordinates the creation of the City’s Capital Facilities Program and manages the development of the proposed and adopted capital budget.  Beyond budgetary tasks, the Office also provides analytical support to all City departments.

Below, you will find an informational video about how the City's budget works. Follow the links below the video to dig into deeper detail on the City's Financial Reports and tracking reports on budget initiatives and performance management.

 

 

 

 

  

Performance Management & Budget Initiative Tracker

 

Financial Reports

 

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