handouts:
Nov. 22 study session handouts
- Budget items requiring Council action
- Sales tax for human/youth services
- Red light and speed camera comparisons
- Peer information
- Community and non-departmental funding for 2012
- Funding to outside agencies
The City now projects a $31 million General Fund budget gap for the 2011-2012 biennium.
The General Fund budget, which pays for basic services such as police, fire, libraries and residential street repairs, will require a new budget strategy to address the shortfall. With a stagnant local economy and rising costs, the City cannot work to close this gap without impacting all General Fund service areas, and the solution to the budget challenge will likely require staff reductions. Learn more about what the General Fund is spent on and how it receives revenues...
Updated Budget Direction
- Reduce services and service levels strategically, including:
- Staff and compensation reductions
- Financial reductions to external organizations
- Address cost drivers
- Make budget changes in 2011-12 that carry forward into 2013-14
- Preserve Council Contingency
- Evaluate possibilities for revenue enhancement
- Avoid use of reserves to balance the budget
- Avoid new initiatives
• Oct. 25 Study Session Presentation
• Nov. 1 Study Session Presentation
• Nov. 8 Study Session Presentation
• October 2011 Year-to-Date Revenue Report
Budget Workshop Calendar
Nov. 22
• 2nd Reading: Ad Valorem Tax Ordinance
Nov. 29
• 1st Reading: Mid-Biennium Budget Modification Ordinance
Dec. 6
• Budget workshop at noon in the City Council Chambers, first floor of the Municipal Building (747 Market St.)
• 2nd Reading/Adoption: Mid-Biennium Budget Modification Ordinance
City of Tacoma's Budget & Research Division website
Contact the Mayor or a member of City Council