2023-2024 Rate and Budget Process
Our staff hosts outreach events to provide an opportunity for members of the community to learn more about how the budget process works and hear about rate adjustments before they go into effect. We’ll update this page as meetings are scheduled and presentations become available.
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Upcoming Community Meetings
TPU Customer Listening Session
Date: Thursday, May 26, 2022
Format: In person at TPU or virtual via Zoom – click here for details.
Details: Provide feedback, ask questions and learn about our rate making process.
Budget & Rate Presentations
Tacoma Power and Tacoma Water staff have begun preparing and presenting budget and rates research and background to the Public Utility Board. For more information on what projects are planned and how costs are managed, see the presentations below. The presentations are listed in the order of newest to oldest.
Public Utility Board meeting agendas, materials and video recordings can also be found here.
Upcoming Presentations
Past Presentations
Power Budget Overview and Power Long Range Financial Plan and Revenue Requirements
- Date: May 11, 2022
- Public Utility Board
- Presentation Materials
- Video Recording
Rate Making Principles
- Date: May 3, 2022
- City of Tacoma Government Performance and Finance Committee
- Video Recording
TPU, Rail, Water & Customer Service Budget Preview
- Date: April 27, 2022
- Public Utility Board Meeting
- Presentation Materials
- Video Recording
Study Session: Budget Supplemental Briefing: Staffing Levels/Full-Time Equivalent Employees
- Date: April 13, 2022
- Public Utility Board Study Session
- Presentation Materials
Power Long Range Financial Plan
- Date: April 5, 2022
- City of Tacoma Government Performance and Finance Committee
- Presentation Materials
Budget and Rates Workshop
- Date: March 30, 2022
- Public Utility Board Meeting
- Presentation Materials:
- Video Recording
Water Long Range Financial Plan
- Date: February 15, 2022
- City of Tacoma Government Performance and Finance Committee
- Presentation Materials
Power Long Range Financial Plan
- Date: January 26, 2022
- Public Utility Board Meeting
- Presentation Materials:
- Video Recording
Water Long Range Financial Plan
- Date: January 12, 2022
- Public Utility Board Meeting
- Presentation Materials:
- Video Recording
- 2021-2022 Outreach Process
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Neighborhood Council Meetings
- Sept. 14 – North End Neighborhood Council (6:30 p.m.)
- Sept. 16 – West End Neighborhood Council (6:30 p.m.)
- Sept. 16 – South Tacoma Neighborhood Council (6 p.m.)
- Sept. 17 – Northeast Neighborhood Council (6 p.m.)
- Sept. 21 – South End Neighborhood Council (7 p.m.)
- Oct. 14 – New Tacoma Neighborhood Council (5:30 p.m.)
Other Community Meetings
- Sept. 14 – Metro Parks Tacoma (5:30 p.m.)
- Sept. 14 – Pierce County Council (11 a.m.)
- Sept. 14 – Hilltop Action Coalition (6 pm.)
- Sept. 15 – Fife County Council (6 p.m.)
- Sept. 21 – University Place City Council (6:30 p.m.)
- Sept. 21 – Lakewood City Council (7 p.m.)
- Sept. 22 – Fircrest City Council (7 p.m.)
- Oct. 3 – The Pierce County Black Collective (8:30 a.m.)
- Nov. 2 – Metropolitan Development Council/Tacoma Urban League – Straight Talk series (5 p.m.)
City Council Meetings
- Sept. 30 – Presentation to City of Tacoma Government Performance and Finance committee on TPU preliminary rate proposals
- Oct. 6 – Joint City Council/Public Utility Board study session for review of TPU-wide preliminary budget and rate proposals
- Nov. 17 – First reading of TPU’s budget and rates ordinance(s) by Tacoma Mayor and City Council
- Nov. 24 – Scheduled adoption of TPU’s budget and rates ordinance(s) by Tacoma Mayor and City Council
Tacoma City Council meeting agendas, materials and video recordings can be found here.
Tacoma Public Utility Board
- August 26 – Public Utility Board reviews Tacoma Power budget and rates proposal
- Sept. 9 – Public Utility Board reviews Tacoma Rail and Tacoma Water budget and rates proposal
- Sept. 23 – TPU budget and rates overview/public hearing
- Oct. 14 – Public Utility Board first reading of budget and rates ordinance(s)
- Oct. 28 – Public Utility Board consideration and scheduled adoption of TPU budget and rates ordinance(s)
- Nov. 6 – Public Utility Board special meeting – consideration and scheduled adoption of TPU budget and rates ordinance(s)
Public Utility Board meeting agendas, materials and video recordings can be found here.
2021-2022 Budget & Rate Presentations
Tacoma Power and Tacoma Water staff prepare and present budget and rates research and background to the Public Utility Board. For more information on what projects are planned and how costs are managed, see the presentations below.
- 2021-2022 Budget & Rate Proposal (Sept. 30)
- Tacoma Water Budget & Rate Proposal 2021-2022 Biennium (Sept. 9)
- Tacoma Power Financial Update & Initial 2021-2022 Revenue Requirement (July 22, 2020)
- Tacoma Water Revenue Requirement Preview, Rate Design, and Long Range Financial Plan Update (July 22, 2020)
- Affordability (July 8, 2020)
- Tacoma Water Rate & Financial Policy and Financial Outlook Update (May 13, 2020)
- 2021-2022 Budget Preview and Situation Update (April 22, 2020)
- Rates & Financial Policy Workshop (Feb. 4, 2020)