News from Management and Budget Office
Oct 06, 2026
City of Tacoma’s Proposed Biennial Budget Focuses on Everyday Services and Fiscal Sustainability
The City of Tacoma’s proposed 2027–2028 Biennial Budget, a $5.3 billion spending plan that addresses a $40 million structural deficit in the $696 million General Fund, prioritizes the…
Jun 09, 2026
City of Tacoma Presents Updated Financial Forecast as Next Step in ‘Roadmap to Recovery’ to Navigate National Economic Pressures
Today, the City of Tacoma’s Finance Department presented an updated financial forecast for the 2027-2028 Biennial Budget. Following the recent introduction of the City’s “Roadmap to Recovery”—a proactive,…
May 12, 2026
City Manager Hyun Kim Details ‘Roadmap to Recovery’ Addressing the City’s General Fund Deficit and Modernizing City Operations
Faced with a projected $27 million structural deficit in the City of Tacoma’s General Fund that is anticipated to grow in the upcoming biennium, City Manager Hyun Kim has presented…
Oct 28, 2025
City Council Approves Mid-Biennium Budget Modifications to Bolster Public Safety, Community Services, and Infrastructure
The City Council has approved mid-biennium budget modifications for 2025-2026 as part of a planned and transparent process to ensure the City’s finances align with current community…